Chegg Skilling Business Growth
Chegg Skilling is ending 2025 with strong momentum, expecting a 14% year-over-year growth and a full year revenue of $70 million. The business is experiencing tailwinds and generating double-digit growth.
Cost Reduction and Efficiency
Non-GAAP operating expenses were reduced by $41 million or 46% year-over-year, resulting in a leaner and more efficient company structure.
Positive Adjusted EBITDA Outcome
Chegg outperformed its adjusted EBITDA guidance by $5 million, achieving an adjusted EBITDA of $13 million with a margin of 17%.