Chegg, Inc. (NYSE:CHGG)

Stock Price: $21.07

-0.56 (-2.59%)

Updated Sep 30, 2022 08:00 PM GMT+0000

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Overview

Financials

Statistics

Profile

Chart

Market Cap	2.66B
Revenue	776.37M
Gross Profit	552.79M
Shares Out	126.40M
EPS (ttm)	0.3241
PE Ratio	61.8903
Forward PE	0.0000
Dividend Rate (ttm)	0.0000
Dividend Yield	0.0000

Trading Day	Sep 30
Last Price	$21.07
Previous Close	$21.63
Change ($)	-0.56
Change (%)	-2.59%
Day's Open	21.44
Day's Range	21.07 - 21.96
Day's Volume	1.34M
52 Week Range	15.66 - 71.31

About Chegg, Inc.

Chegg is the leading direct-to-student learning platform. Chegg strives to improve educational outcomes by putting the student first.

Chegg supports students on their journey from high school to college and into their career with tools designed to help them pass their test, pass their class, and save money on required materials. Chegg is based in Santa Clara, California.

News

Chegg shares tanked 30% in extended trading: here’s why May 2, 2022

Chegg jumps 10% on Q4 results: ‘momentum is continuing into 2022’ February 7, 2022

Chegg stock plummets by 45% after citing concerns in the education industry November 2, 2021

4 key takeaways from Chegg’s Q1 earnings report May 3, 2021

Chegg says its revenue jumped 57% in fiscal 2020 February 9, 2021

In time for back-to-school, Piper Sandler analysts bullish on Chegg August 31, 2020

Chegg CEO: Business booming with ‘student first’ mentality May 27, 2020

Quick info

Country

United States

Industry

Educational Support Services

Sector

Educational Services

Employees

1,779

CEO

Daniel Rosensweig

Address

3990 Freedom Cir
Santa Clara
California
95054-1204

Phone

14088555700

Website

www.chegg.com

Ticker Symbol

CHGG

Exchange

New York Stock Exchange

Reporting Currency

USD

Chegg, Inc. income statements (2022) (USD)

	August 2022
Total Revenue	194.72M
Cost of Revenue	45.68M
Gross Profit	149.04M
Research & Development	52.48M
Selling General & Admin	89.21M
Operating Expense	187.38M
Operating Income	7.34M
Other Income Expense Net	0
EBIT	7.34M
Interest Income	-416K
Pretax Income	7.54M
Income Tax	60K
Minority Interest	0
Net Income	7.48M
Net Income Basic	7.48M

Chegg, Inc. income statements (2020) (USD)

	October 2020	September 2020	June 2020	March 2020
Total Revenue	154.02M	154.02M	153.01M	131.59M
Cost of Revenue	62.37M	62.37M	43.52M	42.39M
Gross Profit	91.65M	91.65M	109.49M	89.20M
Research & Development	44.04M	44.04M	40.37M	39.54M
Selling General & Admin	65.41M	65.41M	43.95M	46.38M
Operating Expense	171.82M	171.82M	127.85M	128.31M
Operating Income	-17.8M	-17.8M	25.16M	3.28M
Other Income Expense Net	0	-18.27M	-13.29M	-8.47M
EBIT	-17.8M	-17.8M	25.16M	3.28M
Interest Income	17.47M	17.47M	13.43M	13.43M
Pretax Income	-36.07M	-36.07M	11.88M	-5.19M
Income Tax	1.07M	1.07M	1.29M	522K
Minority Interest	0	0	0	0
Net Income	-37.14M	-37.14M	10.59M	-5.71M
Net Income Basic	-37.14M	-37.14M	10.59M	-5.71M

Chegg, Inc. income statements (2019) (USD)

	December 2019	September 2019	June 2019	March 2019
Total Revenue	125.50M	94.15M	93.86M	97.41M
Cost of Revenue	26.17M	22.16M	20.52M	23.34M
Gross Profit	99.34M	71.99M	73.34M	74.07M
Research & Development	38.57M	36.44M	32.07M	32.69M
Selling General & Admin	43.68M	40.57M	34.42M	42.39M
Operating Expense	108.42M	99.18M	87M	98.41M
Operating Income	17.09M	-5.03M	6.86M	-1.01M
Other Income Expense Net	-8.07M	-5.83M	-8.31M	-2.69M
EBIT	17.09M	-5.03M	6.86M	-1.01M
Interest Income	13.56M	13.55M	13.51M	4.23M
Pretax Income	9.02M	-10.85M	-1.45M	-3.69M
Income Tax	802K	623K	583K	626K
Minority Interest	0	0	0	0
Net Income	8.22M	-11.48M	-2.03M	-4.32M
Net Income Basic	8.22M	-11.48M	-2.03M	-4.32M

Chegg, Inc. income statements (2018) (USD)

	December 2018	September 2018	June 2018	March 2018
Total Revenue	95.68M	74.24M	74.22M	76.95M
Cost of Revenue	22.07M	19.92M	17.78M	20.22M
Gross Profit	73.61M	54.32M	56.44M	56.73M
Research & Development	33.50M	29.05M	26.22M	25.53M
Selling General & Admin	32.23M	35.09M	30.52M	33.59M
Operating Expense	87.80M	84.05M	74.52M	79.35M
Operating Income	7.88M	-9.82M	-296K	-2.4M
Other Income Expense Net	-2.79M	-3.18M	-3.19M	324K
EBIT	7.88M	-9.82M	-296K	-2.4M
Interest Income	3.77M	3.77M	3.66M	N.A
Pretax Income	5.10M	-13M	-3.48M	-2.08M
Income Tax	-252K	713K	428K	541K
Minority Interest	0	0	0	0
Net Income	5.35M	-13.71M	-3.91M	-2.62M
Net Income Basic	5.35M	-13.71M	-3.91M	-2.62M

Chegg, Inc. income statements (2017) (USD)

	December 2017	September 2017	June 2017
Total Revenue	73.51M	62.64M	56.32M
Cost of Revenue	19.38M	22.36M	17.04M
Gross Profit	54.13M	40.28M	39.28M
Research & Development	22.85M	19.88M	19.90M
Selling General & Admin	28.24M	31.50M	24.60M
Operating Expense	70.47M	73.74M	61.54M
Operating Income	3.04M	-11.1M	-5.22M
Other Income Expense Net	465K	178K	-86K
EBIT	3.04M	-11.1M	-5.22M
Interest Income	N.A	N.A	N.A
Pretax Income	3.50M	-10.92M	-5.31M
Income Tax	-159K	598K	716K
Minority Interest	0	0	0
Net Income	3.66M	-11.52M	-6.03M
Net Income Basic	3.66M	-11.52M	-6.03M

Chegg, Inc. balance sheet (2022) (USD)

	August 2022
Current Cash	1.38B
Receivables	16.82M
Inventory	0
Current Assets	1.45B
Other Current Assets	51.67M
Short Term Investments	51.67M
Long Term Investments	1.20B
Property/Plant Equipment	195.37M
Good Will	N.A
Intangible Assets	91.47M
Tangible Assets (Net)	110.67M
Other Assets	17.95M
Total Assets	2.65B
Accounts Payable	11.91M
Other Current Liabilities	122.46M
Total Current Liabilities	134.37M
Total Liabilities	1.84B
Long Term Debt	1.68B
Current Long Term Debt	0
Minority Interest	0
Common Stock	126.27M
Treasury Stock	0
Retained Earnings	-323.97M
Capital Surplus	N.A
Shareholder Equity	818.79M
Other Liabilities	N.A

Chegg, Inc. balance sheet (2020) (USD)

	October 2020	September 2020	June 2020	March 2020
Current Cash	1.25B	219.87M	167.66M	359.10M
Receivables	12.49M	12.49M	8.83M	6.49M
Inventory	0	N.A	N.A	N.A
Current Assets	1.30B	1.30B	742.14M	807.77M
Other Current Assets	36.14M	36.14M	30.71M	37.38M
Short Term Investments	36.14M	1.03B	534.93M	404.79M
Long Term Investments	1.04B	521.26M	280.49M	273.11M
Property/Plant Equipment	113.06M	161.76M	147.98M	144.17M
Good Will	N.A	N.A	N.A	N.A
Intangible Assets	55.39M	55.39M	59.52M	32.08M
Tangible Assets (Net)	305.20M	-24.15M	-170.64M	-34.93M
Other Assets	53.52M	18.95M	25.07M	23.55M
Total Assets	2.34B	2.34B	1.54B	1.50B
Accounts Payable	5.84M	5.84M	6.42M	13.61M
Other Current Liabilities	137.12M	131.47M	78.39M	82.99M
Total Current Liabilities	142.96M	142.96M	90.49M	101.83M
Total Liabilities	1.70B	1.70B	1.04B	1.03B
Long Term Debt	1.54B	1.55B	0.94B	0.93B
Current Long Term Debt	0	N.A	N.A	N.A
Minority Interest	0	0	0	0
Common Stock	1.09B	128.65M	124.12M	123.54M
Treasury Stock	0	N.A	N.A	N.A
Retained Earnings	-448.64M	-448.64M	-411.5M	-422.09M
Capital Surplus	N.A	1.09B	0.91B	890.26M
Shareholder Equity	645.39M	645.39M	498.38M	462.93M
Other Liabilities	N.A	N.A	N.A	N.A

Chegg, Inc. balance sheet (2019) (USD)

	December 2019	September 2019	June 2019	March 2019
Current Cash	387.52M	450.46M	555.79M	0.91B
Receivables	11.53M	13.68M	5.95M	8.87M
Inventory	N.A	N.A	N.A	N.A
Current Assets	807.27M	844.07M	847.90M	1.02B
Other Current Assets	20.59M	34.54M	26.76M	25.43M
Short Term Investments	381.07M	345.39M	259.40M	70.08M
Long Term Investments	310.48M	340.12M	288.68M	12.53M
Property/Plant Equipment	103.29M	93.98M	91.72M	88.81M
Good Will	N.A	N.A	N.A	N.A
Intangible Assets	34.67M	20.62M	22.37M	24.10M
Tangible Assets (Net)	472K	117.58M	107.58M	76.11M
Other Assets	18.78M	15.84M	15.54M	15.41M
Total Assets	1.49B	1.46B	1.42B	1.31B
Accounts Payable	7.36M	4.20M	3.13M	6.34M
Other Current Liabilities	58.74M	79.66M	56.25M	61.98M
Total Current Liabilities	71.39M	88.84M	64.15M	72.96M
Total Liabilities	0.99B	1B	0.96B	881.08M
Long Term Debt	0.91B	0.90B	888.37M	804.80M
Current Long Term Debt	N.A	N.A	N.A	N.A
Minority Interest	0	0	0	0
Common Stock	121.58M	120.67M	119.34M	118.20M
Treasury Stock	N.A	N.A	N.A	N.A
Retained Earnings	-416.29M	-424.51M	-413.03M	-411.01M
Capital Surplus	0.92B	894.66M	873.10M	839.92M
Shareholder Equity	498.83M	468.51M	459.57M	428.14M
Other Liabilities	N.A	N.A	N.A	N.A

Chegg, Inc. balance sheet (2018) (USD)

	December 2018	September 2018	June 2018	March 2018
Current Cash	374.66M	379.02M	384.93M	106.83M
Receivables	12.73M	8.62M	8.10M	8.06M
Inventory	N.A	N.A	N.A	N.A
Current Assets	494.93M	502.29M	490.41M	214.84M
Other Current Assets	10.40M	33.75M	16.45M	17.70M
Short Term Investments	93.35M	80.90M	80.94M	82.26M
Long Term Investments	16.05M	17.96M	18.96M	13.63M
Property/Plant Equipment	59.90M	52.95M	51.52M	48.20M
Good Will	N.A	N.A	N.A	N.A
Intangible Assets	25.92M	27.81M	22.59M	19.90M
Tangible Assets (Net)	58.49M	34.84M	69.88M	75.94M
Other Assets	14.62M	1.52M	1.26M	1.38M
Total Assets	760.94M	752.29M	720.57M	423.48M
Accounts Payable	8.18M	4.28M	5.34M	3.98M
Other Current Liabilities	51.50M	72.28M	43.17M	45.04M
Total Current Liabilities	59.67M	76.56M	48.51M	49.02M
Total Liabilities	350.30M	363.71M	331.85M	53.47M
Long Term Debt	283.67M	280.13M	276.58M	N.A
Current Long Term Debt	N.A	N.A	N.A	N.A
Minority Interest	0	0	0	0
Common Stock	115.50M	114.60M	113.55M	112.75M
Treasury Stock	N.A	N.A	N.A	N.A
Retained Earnings	-406.58M	-411.92M	-398.21M	-394.31M
Capital Surplus	818.11M	801.36M	787.48M	764.07M
Shareholder Equity	410.63M	388.58M	388.72M	370.01M
Other Liabilities	N.A	N.A	N.A	N.A

Chegg, Inc. balance sheet (2017) (USD)

	December 2017	September 2017	June 2017
Current Cash	126.46M	122.23M	66.09M
Receivables	10.86M	9.84M	8.75M
Inventory	N.A	N.A	N.A
Current Assets	228.94M	240.80M	89.36M
Other Current Assets	5.67M	9.12M	9.62M
Short Term Investments	81.74M	80.91M	N.A
Long Term Investments	23.31M	20.01M	3M
Property/Plant Equipment	47.49M	45.08M	40.29M
Good Will	N.A	N.A	N.A
Intangible Assets	21.15M	16.60M	17.97M
Tangible Assets (Net)	97.66M	99.56M	-47.34M
Other Assets	765K	1.42M	1.30M
Total Assets	446.93M	440.15M	268.16M
Accounts Payable	7.05M	2.11M	809K
Other Current Liabilities	44.51M	63.85M	40.32M
Total Current Liabilities	51.56M	65.96M	41.13M
Total Liabilities	55.87M	71.20M	46.10M
Long Term Debt	N.A	N.A	N.A
Current Long Term Debt	N.A	N.A	N.A
Minority Interest	0	0	0
Common Stock	109.67M	108.16M	95.68M
Treasury Stock	N.A	N.A	N.A
Retained Earnings	-391.61M	-395.27M	-383.75M
Capital Surplus	782.85M	764.10M	605.64M
Shareholder Equity	391.06M	368.95M	222.06M
Other Liabilities	N.A	N.A	N.A

Chegg, Inc. cash flow (2022) (USD)

	August 2022
Net Income	7.48M
Depreciation	21.73M
Changes in Receivables	16.82M
Changes in Inventories	0
Cash Change	1.38B
Cash Flow	63.72M
Capital Expenditures	-27.88M
Investments	N.A
Investing Activity (other)	N.A
Total Investing Cash Flows	69.25M
Dividends Paid	N.A
Net Borrowings	245.88M
Other Financing Cash Flows	N.A
Cash Flow Financing	1.35M
Exchange Rate Effect	N.A

Chegg, Inc. cash flow (2020) (USD)

	October 2020	September 2020	June 2020	March 2020
Net Income	-37.14M	-37.14M	10.59M	-5.71M
Depreciation	43.79M	16.89M	14.13M	12.77M
Changes in Receivables	3.65M	-3.65M	-2.34M	5.04M
Changes in Inventories	0	N.A	N.A	N.A
Cash Change	548.27M	242.50M	-73.88M	-28.46M
Cash Flow	168.66M	46.45M	59.24M	62.97M
Capital Expenditures	-107.1M	-25.32M	-24.98M	-56.8M
Investments	N.A	-550.74M	-14.69M	7.36M
Investing Activity (other)	N.A	N.A	N.A	N.A
Total Investing Cash Flows	-750.94M	-572.46M	-131.22M	-47.26M
Dividends Paid	N.A	N.A	N.A	N.A
Net Borrowings	249.98M	721.02M	N.A	N.A
Other Financing Cash Flows	N.A	-11.12M	-7.27M	-46.84M
Cash Flow Financing	722.45M	768.51M	-1.9M	-44.17M
Exchange Rate Effect	N.A	N.A	N.A	N.A

Chegg, Inc. cash flow (2019) (USD)

	December 2019	September 2019	June 2019	March 2019
Net Income	8.22M	-11.48M	-2.03M	-4.32M
Depreciation	8.88M	7.44M	7.15M	6.79M
Changes in Receivables	2.15M	-7.73M	2.92M	3.86M
Changes in Inventories	N.A	N.A	N.A	N.A
Cash Change	-62.33M	-105.22M	-358.56M	539.60M
Cash Flow	26.83M	38.73M	29.91M	17.94M
Capital Expenditures	-10.81M	-8.03M	-9.43M	-14.06M
Investments	-3.09M	-137.61M	-468.49M	27.23M
Investing Activity (other)	N.A	N.A	N.A	N.A
Total Investing Cash Flows	-93.04M	-145.64M	-477.92M	13.17M
Dividends Paid	N.A	N.A	N.A	N.A
Net Borrowings	N.A	N.A	85.44M	597.54M
Other Financing Cash Flows	-3.5M	-8.83M	-6.21M	-76.04M
Cash Flow Financing	3.88M	1.69M	89.46M	508.48M
Exchange Rate Effect	N.A	N.A	N.A	N.A

Chegg, Inc. cash flow (2018) (USD)

	December 2018	September 2018	June 2018	March 2018
Net Income	5.35M	-13.71M	-3.91M	-2.62M
Depreciation	6.17M	5.97M	5.45M	5.22M
Changes in Receivables	-4.11M	-524K	-41K	2.80M
Changes in Inventories	N.A	N.A	N.A	N.A
Cash Change	-3.78M	-5.69M	278.08M	-19.63M
Cash Flow	30.45M	21.15M	16.96M	6.55M
Capital Expenditures	-13.18M	-7.96M	-5.2M	-4.88M
Investments	-23.28M	1.26M	-3.77M	9.12M
Investing Activity (other)	N.A	N.A	N.A	N.A
Total Investing Cash Flows	-36.46M	-26.92M	-23.42M	4.24M
Dividends Paid	N.A	N.A	N.A	N.A
Net Borrowings	N.A	17K	296.37M	N.A
Other Financing Cash Flows	-3.42M	-5.36M	-4.67M	-35.64M
Cash Flow Financing	2.23M	75K	284.53M	-30.42M
Exchange Rate Effect	N.A	N.A	N.A	N.A

Chegg, Inc. cash flow (2017) (USD)

	December 2017	September 2017	June 2017
Net Income	3.66M	-11.52M	-6.03M
Depreciation	5.04M	5.21M	4.70M
Changes in Receivables	-1.01M	-1.09M	37K
Changes in Inventories	N.A	N.A	N.A
Cash Change	4.23M	56.14M	-4.21M
Cash Flow	21.70M	13.29M	15.32M
Capital Expenditures	-6.21M	-7.42M	-7.74M
Investments	-4.19M	-97.92M	N.A
Investing Activity (other)	N.A	N.A	N.A
Total Investing Cash Flows	-25.33M	-105.34M	-7.55M
Dividends Paid	N.A	N.A	N.A
Net Borrowings	N.A	N.A	N.A
Other Financing Cash Flows	145.40M	-3.24M	-18.98M
Cash Flow Financing	7.86M	148.19M	-11.98M
Exchange Rate Effect	N.A	N.A	N.A

Chegg, Inc. (NYSE:CHGG)

About Chegg, Inc.

News

Quick info

Chegg, Inc. income statements (2022) (USD)

Chegg, Inc. income statements (2020) (USD)

Chegg, Inc. income statements (2019) (USD)

Chegg, Inc. income statements (2018) (USD)

Chegg, Inc. income statements (2017) (USD)

Chegg, Inc. balance sheet (2022) (USD)

Chegg, Inc. balance sheet (2020) (USD)

Chegg, Inc. balance sheet (2019) (USD)

Chegg, Inc. balance sheet (2018) (USD)

Chegg, Inc. balance sheet (2017) (USD)

Chegg, Inc. cash flow (2022) (USD)

Chegg, Inc. cash flow (2020) (USD)

Chegg, Inc. cash flow (2019) (USD)

Chegg, Inc. cash flow (2018) (USD)

Chegg, Inc. cash flow (2017) (USD)

Chegg, Inc. dividends (USD)

Total Valuation

Important Dates

Share Statistics

Valuation Ratios

Stock Price Statistics

Income Statement

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