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$63M 12.9%Beat EPS +250.0%
Total revenue, Q1 '26 (USD).

Did Chegg Beat Earnings?

Chegg (CHGG) reported Q1 '26 revenue of $63M, down 47.9% year-over-year, with reported EPS of $0.03. That topped the $-0.02 analyst estimate by 250.0% — an earnings beat.

AltIndex tracks earnings alongside 25+ alternative data signals that can move ahead of the report — Chegg’s job postings, web traffic, and employee business outlook. See the full CHGG stock analysis or the earnings calendar for upcoming reports.

CHGG Earnings Surprise History (EPS vs. Estimate)

QuarterEstimated EPSReported EPSSurprise
Q1 '26 $-0.02 $0.03 Beat +250.0%
Q3 '25 $-0.08 $0.00 Beat +105.0%
Q4 '24 $0.18 $0.17 Missed -5.6%
Q3 '24 $0.07 $0.09 Beat +28.6%
Q2 '24 $0.23 $0.24 Beat +4.3%
Q1 '24 $0.25 $0.26 Beat +4.0%

Chegg Quarterly Financial Trends (USD)

MetricQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Revenue163M137M143M121M105M78M73M63M
Gross margin72.2%68.2%68.2%55.5%66.3%59.2%60.2%59.9%
Operating margin-297.3%-162.7%-19.0%-23.9%-34.7%-22.0%26.5%-1.6%
Net income-617M-213M-6.1M-17M-36M-17M-33M230,000
Net margin-378.1%-155.7%-4.3%-14.4%-33.9%-22.5%-45.1%0.4%
EPS$0.24$0.09$0.17$0.00$0.03

Chegg Earnings Trend Analysis

Over the eight quarters from Q2 '24 to Q1 '26, Chegg’s quarterly revenue moved from $163M to $63M. Net margin expanded from -378.1% to 0.4%, against a 59.9% gross margin in the most recent quarter — a read on whether revenue growth is translating into profit. Chegg has beaten Wall Street EPS estimates in 6 of its last 7 reported quarters.

When Is Chegg’s Next Earnings Date?

Chegg reports earnings on a quarterly schedule. Its most recent report covered Q1 '26. For the confirmed upcoming date — and every other company reporting soon — see the CHGG earnings calendar.

Frequently Asked Questions: Chegg Earnings

Chegg's next earnings date has not been confirmed yet. See the earnings calendar for all upcoming reports.

Chegg reported Q1 '26 EPS of $0.03 on revenue of $63M (-47.9% YoY). Chegg beat estimates, reporting $0.03 vs. the $-0.02 estimate.

Chegg reported Q1 '26 revenue of $63M, down 47.9% from the same quarter a year earlier.

Signals like job postings, web traffic, and employee sentiment reflect business activity in real time and can move before quarterly results are reported. AltIndex combines them with 25+ others in the CHGG AI Score.

The analytics provided are estimates and not a substitute for professional advice. All investments involve risks, including possible capital loss.