CHEGG, INC (CHGG)

NYSE · Common Stock · Services-Educational Services

One email a week from me: what it filed, which 13F holders added or cut, where its scores stand. Free.

American education technology company based in Santa Clara, California, that offers online textbook rentals

Corporate structure

13 entities across 7 jurisdictions. Read directly from the company’s own 10-K EX-21 filed 2026-03-09 — see the exhibit.

Which other public companies file entities in the same places:

Delaware5 California2 Spain2 India1 Israel1 Germany1 United Kingdom1

Subsidiaries of CHEGG, INC as disclosed in its SEC filing
Entity	Jurisdiction	Note
Cramster, Inc.	California
Cramster Holding Corp.	California
Chegg Holding LLC	Delaware
Chegg India Private Limited	India
Chegg M.E. Ltd	Israel
Imagine Easy Solutions, LLC	Delaware
Imagine Easy Technology Solutions GmbH	Germany
Thinkful, Inc. dba Chegg Skills	Delaware
Mathway LLC	Delaware
Verbling, Inc.	Delaware
Busuu Online S.L.	Spain
Busuu Limited	United Kingdom
Busuu Technology S.L.U.	Spain

Financial health

Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Piotroski F-score

5 / 8

FAILReturn on assets positiveROA -37.2%
PASSOperating cash flow positiveOCF 15M
PASSReturn on assets improving-96.3% → -37.2%
PASSCash flow exceeds earningsOCF 15M vs NI -103M
FAILLong-term debt ratio fallingno debt reported
PASSCurrent ratio improving0.83 → 0.86
FAILNo share dilution103M → 107M shares
FAILGross margin improving70.7% → 59.6%
PASSAsset turnover improving0.71× → 1.36×

Six-year record

Year	Revenue	Net income	Free cash flow	Gross margin	Shares
FY2020	$644.3M	−$6.2M	$155.1M	68.1%	125,367,000
FY2021	$776.3M	−$1.5M	$179.0M	67.2%	141,262,000
FY2022	$766.9M	$266.6M	$152.6M	74.3%	149,859,000
FY2023	$716.3M	$18.2M	$163.1M	68.5%	128,569,000
FY2024	$617.6M	−$837.1M	$50.3M	70.7%	103,300,000
FY2025	$376.9M	−$103.4M	−$12.6M	59.6%	107,484,000

Ownership flow

10 institutions tracked — 8 added, 2 reduced.

Institutional holders of CHEGG, INC and their share-count change
Manager	Kind	Shares	Change	Value
CITADEL ADVISORS LLC	Hedge fund	1,030,336	+586,209	$1.0M
BlackRock, Inc.	Index	2,246,032	+399,966	$2.3M
BANK OF AMERICA CORP /DE/	Active fund	260,919	+141,375	$263,528
FMR LLC	Active fund	1,285,061	+107,464	$1.3M
JPMORGAN CHASE & CO	Active fund	26,669	−97,828	$29,602
GEODE CAPITAL MANAGEMENT, LLC	Index	1,333,242	+96,817	$1.3M
Point72 Asset Management, L.P.	Hedge fund	112,199	+55,568	$113,321
RENAISSANCE TECHNOLOGIES LLC	Hedge fund	3,396,900	+50,100	$3.4M
MORGAN STANLEY	Active fund	238,388	+48,589	$240,772
STATE STREET CORP	Index	513,872	−4,613	$519,011

From 13F filings, which cover institutions managing over $100m and are filed up to 45 days after the quarter ends — so this is a considered position, not a live one, and it is not the whole shareholder register.

Identity

CIK: 0001364954
LEI: 549300AKX7O8JG0O3G77
FIGI: BBG0014XR0N5
SIC: 8200 · Services-Educational Services
Incorporated: DE
Headquarters: SAN FRANCISCO, CA
Founded: 2005-01-01

Ownership

Institutional: 39.7%
Institutions: 132
Insiders: 3.7%

Ownership percentages are a vendor aggregate, not a filing — unlike everything else on this page.

Other services-educational services companies

CHEGG, INC files under SIC 8200 — all 7 services-educational services companies compared on assets and F-score.

Graham Holdings CoGHC Covista Inc.CVSA Stride, Inc.LRN LAUREATE EDUCATION, INC.LAUR Strategic Education, Inc.STRA UNIVERSAL TECHNICAL INSTITUTE INCUTI

Questions about CHEGG, INC

How many subsidiaries does CHEGG, INC file with the SEC?: 13, listed in its most recent exhibit 21. They are incorporated across 7 jurisdictions, led by California, Delaware, India. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.
Is CHEGG, INC financially healthy?: CHEGG, INC scores 5 out of 8 on the Piotroski F-score. Only 8 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.
Who are the largest institutional holders of CHEGG, INC?: Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are RENAISSANCE TECHNOLOGIES LLC (adding), BlackRock, Inc. (adding), GEODE CAPITAL MANAGEMENT, LLC (adding). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

This page is one panel of the terminal

The structure map above is the Corporate Blueprint, and in the desktop it is interactive — click any entity to re-centre the map on it and walk the ownership chain. It sits alongside the screener, the scorecard and the filings lab on one desk, on your machine.

Download the terminal See pricing

Sourced from SEC EDGAR primary filings. Figures are as reported by the company and are not investment advice. Scores are standard published screens computed from those filings; every input is shown above so you can check the arithmetic.

Corporate structure

13 entities across 7 jurisdictions. Read directly from the company’s own 10-K EX-21 filed 2026-03-09 — see the exhibit.

Entity

Jurisdiction

Note

Cramster, Inc.

California

Cramster Holding Corp.

California

Chegg Holding LLC

Delaware

Chegg India Private Limited

India

Chegg M.E. Ltd

Israel

Imagine Easy Solutions, LLC

Delaware

Imagine Easy Technology Solutions GmbH

Germany

Thinkful, Inc. dba Chegg Skills

Delaware

Mathway LLC

Delaware

Verbling, Inc.

Delaware

Busuu Online S.L.

Spain

Busuu Limited

United Kingdom

Busuu Technology S.L.U.

Spain

Financial health

Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Piotroski F-score

5 / 8

FAILReturn on assets positiveROA -37.2%
PASSOperating cash flow positiveOCF 15M
PASSReturn on assets improving-96.3% → -37.2%
PASSCash flow exceeds earningsOCF 15M vs NI -103M
FAILLong-term debt ratio fallingno debt reported
PASSCurrent ratio improving0.83 → 0.86
FAILNo share dilution103M → 107M shares
FAILGross margin improving70.7% → 59.6%
PASSAsset turnover improving0.71× → 1.36×

Six-year record

Year	Revenue	Net income	Free cash flow	Gross margin	Shares
FY2020	$644.3M	−$6.2M	$155.1M	68.1%	125,367,000
FY2021	$776.3M	−$1.5M	$179.0M	67.2%	141,262,000
FY2022	$766.9M	$266.6M	$152.6M	74.3%	149,859,000
FY2023	$716.3M	$18.2M	$163.1M	68.5%	128,569,000
FY2024	$617.6M	−$837.1M	$50.3M	70.7%	103,300,000
FY2025	$376.9M	−$103.4M	−$12.6M	59.6%	107,484,000

Ownership flow

10 institutions tracked — 8 added, 2 reduced.

Institutional holders of CHEGG, INC and their share-count change
Manager	Kind	Shares	Change	Value
CITADEL ADVISORS LLC	Hedge fund	1,030,336	+586,209	$1.0M
BlackRock, Inc.	Index	2,246,032	+399,966	$2.3M
BANK OF AMERICA CORP /DE/	Active fund	260,919	+141,375	$263,528
FMR LLC	Active fund	1,285,061	+107,464	$1.3M
JPMORGAN CHASE & CO	Active fund	26,669	−97,828	$29,602
GEODE CAPITAL MANAGEMENT, LLC	Index	1,333,242	+96,817	$1.3M
Point72 Asset Management, L.P.	Hedge fund	112,199	+55,568	$113,321
RENAISSANCE TECHNOLOGIES LLC	Hedge fund	3,396,900	+50,100	$3.4M
MORGAN STANLEY	Active fund	238,388	+48,589	$240,772
STATE STREET CORP	Index	513,872	−4,613	$519,011

Questions about CHEGG, INC

How many subsidiaries does CHEGG, INC file with the SEC?

13, listed in its most recent exhibit 21. They are incorporated across 7 jurisdictions, led by California, Delaware, India. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.

Is CHEGG, INC financially healthy?

CHEGG, INC scores 5 out of 8 on the Piotroski F-score. Only 8 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.

Who are the largest institutional holders of CHEGG, INC?

Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are RENAISSANCE TECHNOLOGIES LLC (adding), BlackRock, Inc. (adding), GEODE CAPITAL MANAGEMENT, LLC (adding). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.