Chegg forecasts Q4 revenue of $38 million to $40 million

Bitget2026/11/03 14:45

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Chegg forecasts fourth-quarter 2026 revenue of $38 million-$40 million, down from $46.5 million in the third quarter.
Adjusted EBITDA is projected at approximately $1 million, compared with $5.4 million in the preceding quarter.
Gross margin is expected to fall to 46%-48% from 52% in the preceding quarter.
Full-year 2026 capital spending is targeted to decline more than 60%; third-quarter spending fell 71% year over year to $1.7 million.
The legacy homework-help business continued declining as expected; the employability platform is expected to contribute more meaningfully in 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Chegg Inc. published the original content used to generate this news brief on November 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Chegg forecasts Q4 revenue of $38 million to $40 million

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