Every material Form 8-K CHEGG, INC has filed with the SEC since August 06, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Chegg reported third-quarter 2026 results for the period ended September 30, 2026, with revenue of $46.5 million, down 40% year-over-year, and a net loss of $4.7 million. It guided fourth-quarter revenue to $38 million to $40 million, below the third-quarter level, and said it fully repaid its remaining convertible debt and ended the quarter with $43.6 million in cash and investments. Director Marcela Martin also said she will resign from the board effective December 10, 2026, saying the decision did not involve a dispute with management.
Q3 2026 total net revenues were $46.5 million, down 40% year-over-year; net loss was $4.7 million and adjusted EBITDA was $5.4 million.
Q4 2026 guidance: total net revenues of $38 million to $40 million, gross margin of 46% to 48%, and adjusted EBITDA of approximately $1 million.
The company said it fully repaid its remaining convertible debt and ended the quarter with $43.6 million in cash and investments.
Director Marcela Martin will resign from the Board effective December 10, 2026, after the December 10 board meeting.
Chegg repaid the remaining $33.9 million of its 0% convertible senior notes due September 1, 2026, at maturity, leaving it with no outstanding debt. Pro forma for the repayment, the company would have had about $38 million in cash, cash equivalents, and investments, compared with $72 million reported as of June 30, 2026.
Repaid $33.9 million principal of 0% convertible senior notes due September 1, 2026, at maturity
Company states it now has no outstanding debt
Cash, cash equivalents, and investments of $72 million as of June 30, 2026; about $38 million pro forma for the repayment
Chegg reported second-quarter 2026 total net revenues of $51.8 million, down 51% year over year, and a net loss of $3.0 million, while adjusted EBITDA was $9.1 million. It guided third-quarter total net revenues to $43 million to $44 million and adjusted EBITDA to $1 million to $2 million, and said it expects to fully repay its convertible debt in the third quarter.
Q2 2026 total net revenues were $51.8 million, down 51% year over year; net loss was $3.0 million and adjusted EBITDA was $9.1 million.
Q3 2026 guidance: total net revenues of $43 million to $44 million, gross margin of 48% to 49%, and adjusted EBITDA of $1 million to $2 million.
Company repurchased $1.7 million of common stock in Q2 and has $120.7 million remaining on its repurchase authorization.
Management expects to fully repay its convertible debt in Q3 2026 and ended the quarter with $72.3 million in cash and investments.
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