Chegg Q1 2026 Results Show Mixed Performance

Chegg Q1 2026 Results Show Mixed Performance
Chegg, Inc. reported first quarter 2026 earnings results during its May 6 earnings call, revealing a company navigating significant market pressures and evolving competitive dynamics. The educational technology platform, which provides textbook rentals, homework help, and scholarship services, continues to face headwinds from changing student behaviors and artificial intelligence disruption in the tutoring space. The company's performance reflects broader challenges affecting the edtech sector as institutions increasingly integrate AI-powered learning tools and students seek alternative resources. Chegg's core textbook rental business remains under pressure from digital alternatives and open educational resources.