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

By Public Technologies
  • 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.


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