v3.26.1
Revenues
3 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
Revenues Revenues
Revenue Recognition

The following table presents our total net revenues for the periods shown disaggregated for our Chegg Skilling and Academic Services product lines (in thousands, except percentages):
 Three Months Ended
March 31,
Change
 20262025$%
Chegg Skilling$17,578 $16,135 $1,443 %
Academic Services45,684 105,252 (59,568)(57)
Total net revenues$63,262 $121,387 $(58,125)(48)
During the three months ended March 31, 2026 and 2025, we recognized revenues of $18.0 million and $27.2 million, respectively, that were included in our deferred revenue balance at the beginning of each respective reporting period.

Contract Balances

The following table presents our accounts receivable, net, contract assets and deferred revenue balances (in thousands, except percentages):
 Change
 March 31,
2026
December 31, 2025$%
Accounts receivable, net$17,795 $15,604 $2,191 14 %
Contract assets6,562 6,536 26 — 
Deferred revenue28,753 29,675 (922)(3)

During the three months ended March 31, 2026 our accounts receivable, net balance increased by $2.2 million, or 14%, primarily due to amounts receivable from content licensing partially offset by higher cash collections. During the three months ended March 31, 2026, our contract assets and deferred revenue balances remained relatively flat.