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Stock impact report

Will Chegg's 60% CapEx Cut in 2026 Free Up Enough Fuel for Growth? [Yahoo! Finance]

Chegg, Inc. (CHGG) 
Last chegg, inc. earnings: 2/10 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.chegg.com/overview/default.aspx
Company Research Source: Yahoo! Finance
The investment intensity is now expected to calm down, as highlighted by the ed tech company. The company is now prioritizing cash preservation and efficiency as it pivots away from its legacy academic services toward its faster-growing skilling business. On the third-quarter 2025 earnings call, Chegg indicated a 60% reduction in capital expenditure (capex), with the 2025 total capex expected to be about $27 million, down from about $60-$65 million spent in 2024. These savings are being enabled by prior AI investments, which now allow CHGG to maintain product quality with significantly lower ongoing spend. Recently, the company split its business operations into two divisions – a cash-generating legacy academic business and Chegg Skilling, which includes Busuu and Chegg Skills. All incremental growth investment is being directed toward skilling, which a market management estimates to be more than $40 billion, and is increasingly driven by enterprise demand for AI, workforce and lang Show less Read more
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