Chegg, Inc - Understand $chgg stock

$CHGG Market Cap: $267 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$662.1M

TTM

Gross Margin

72.34%

TTM

Net Earnings

-$821.3M

TTM

Current Assets

$496.5M

Q3 2024

Current Liabilities

$545.8M

Q3 2024

Current Ratio

90.96%

Q3 2024

Total Assets

$1.003B

Q3 2024

Total Liabilities

$817.7M

Q3 2024

Book Value

$185.0M

Q3 2024

Cash

$152.1M

Q3 2024

P/E

-0.3251

Nov 29, 2024 EST

Free Cash Flow

$97.16M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue	$716.3M	$766.9M	$776.3M	$644.3M	$410.9M	$321.1M	$255.1M	$254.1M	$301.4M	$304.8M	$255.6M	$213.3M	$172.0M	$148.9M	$47.80M
YoY Change	-6.6%	-1.21%	20.47%	56.8%	27.98%	25.88%	0.38%	-15.69%	-1.14%	19.27%	19.8%	24.03%	15.51%	211.51%	528.95%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue	$716.3M	$766.9M	$776.3M	$644.3M	$410.9M	$321.1M	$255.1M	$254.1M	$301.4M	$304.8M	$255.6M	$213.3M	$172.0M	$148.9M	$47.80M
Cost Of Revenue	$225.9M	$197.4M	$254.9M	$205.4M	$92.18M	$80.00M	$80.18M	$119.6M	$189.8M	$211.0M	$175.1M	$145.7M	$127.0M	$114.2M	$39.00M
Gross Profit	$490.4M	$569.5M	$521.4M	$438.9M	$318.7M	$241.1M	$174.9M	$134.5M	$111.5M	$93.85M	$80.52M	$67.67M	$45.00M	$34.70M	$8.800M
Gross Profit Margin	68.46%	74.26%	67.16%	68.12%	77.57%	75.09%	68.57%	52.93%	37.01%	30.79%	31.5%	31.72%	26.16%	23.3%	18.41%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Selling, General & Admin	$366.4M	$363.9M	$264.4M	$211.3M	$161.2M	$132.4M	$115.7M	$109.3M	$109.3M	$114.2M	$90.79M	$76.20M	$48.70M	$39.80M	$16.10M
YoY Change	0.68%	37.62%	25.17%	31.09%	21.69%	14.51%	5.79%	0.03%	-4.26%	25.73%	19.15%	56.47%	22.36%	147.2%	347.22%
% of Gross Profit	74.72%	63.9%	50.72%	48.13%	50.56%	54.93%	66.13%	81.29%	98.0%	121.63%	112.76%	112.61%	108.22%	114.7%	182.95%
Research & Development	$191.7M	$196.6M	$178.8M	$170.9M	$139.8M	$114.3M	$81.93M	$66.33M	$59.39M	$49.39M	$41.94M	$39.32M	$29.60M	$18.90M	$7.900M
YoY Change	-2.51%	9.96%	4.63%	22.27%	22.29%	39.51%	23.51%	11.69%	20.26%	17.74%	6.69%	32.82%	56.61%	139.24%	464.29%
% of Gross Profit	39.1%	34.53%	34.3%	38.94%	43.85%	47.41%	46.84%	49.32%	53.25%	52.62%	52.09%	58.1%	65.78%	54.47%	89.77%
Depreciation & Amortization	$129.7M	$64.10M	$49.60M	$32.60M	$24.20M	$16.80M	$13.80M	$9.900M	$6.800M	$6.200M	$5.700M	$3.900M	$62.00M
YoY Change	102.37%	29.23%	52.15%	34.71%	44.05%	21.74%	39.39%	45.59%	9.68%	8.77%	46.15%	-93.71%
% of Gross Profit	26.45%	11.26%	9.51%	7.43%	7.59%	6.97%	7.89%	7.36%	6.1%	6.61%	7.08%	5.76%	137.78%
Operating Expenses	$558.1M	$560.5M	$443.3M	$382.2M	$300.9M	$247.3M	$193.9M	$174.6M	$169.2M	$159.0M	$131.5M	$112.9M	$78.30M	$58.70M	$24.00M
YoY Change	-0.44%	26.46%	15.98%	27.0%	21.68%	27.57%	11.06%	3.15%	6.44%	20.86%	16.49%	44.21%	33.39%	144.58%	370.59%
Operating Profit	-$67.73M	$8.957M	$78.11M	$56.75M	$17.82M	-$6.220M	-$18.97M	-$40.07M	-$57.70M	-$65.13M	-$51.03M	-$45.26M	-$33.30M	-$24.00M	-$15.20M
YoY Change	-856.11%	-88.53%	37.63%	218.53%	-386.45%	-67.21%	-52.67%	-30.55%	-11.41%	27.64%	12.76%	35.9%	38.75%	57.89%	424.14%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Interest Expense	-$3.773M	$12.43M	$6.700M	$12.78M	$19.59M	-$11.20M	-$100.0K	-$200.0K	-$200.0K	$317.0K	$3.818M	$4.393M	-$3.600M	-$5.800M	-$1.300M
YoY Change	-130.35%	85.54%	-47.59%	-34.73%	-274.88%	11100.0%	-50.0%	0.0%	-163.09%	-91.7%	-13.09%	-222.03%	-37.93%	346.15%	1200.0%
% of Operating Profit		138.79%	8.58%	22.52%	109.93%
Other Income/Expense, Net	$121.8M	$94.99M	-$72.37M	-$57.61M	-$24.79M	-$7.238M	$486.0K	-$468.0K	-$31.00K	$562.0K	-$4.177M	-$3.759M	$1.900M	$1.700M	-$6.000M
YoY Change	28.24%	-231.26%	25.61%	132.43%	242.47%	-1589.3%	-203.85%	1409.68%	-105.52%	-113.45%	11.12%	-297.84%	11.76%	-128.33%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Pretax Income	$50.31M	$103.9M	$5.739M	-$861.0K	-$6.971M	-$18.62M	-$20.98M	-$42.69M	-$59.38M	-$65.93M	-$55.97M	-$49.70M	-$37.80M	-$27.70M	-$23.60M
YoY Change	-51.6%	1711.22%	-766.55%	-87.65%	-62.56%	-11.28%	-50.84%	-28.11%	-9.94%	17.79%	12.62%	31.48%	36.46%	17.37%	713.79%
Income Tax	$32.13M	-$162.7M	$7.197M	$5.360M	$2.634M	$1.430M	$1.802M	$1.707M	$1.479M	$186.0K	$642.0K	$29.00K	-$200.0K	-$1.700M	$0.00
% Of Pretax Income	63.87%	-156.52%	125.41%
Net Earnings	$18.18M	$266.6M	-$1.458M	-$6.221M	-$9.605M	-$14.89M	-$20.28M	-$42.25M	-$59.21M	-$64.76M	-$55.85M	-$49.04M	-$37.60M	-$26.00M	-$23.70M
YoY Change	-93.18%	-18387.93%	-76.56%	-35.23%	-35.48%	-26.6%	-51.99%	-28.65%	-8.57%	15.95%	13.88%	30.43%	44.62%	9.7%	717.24%
Net Earnings / Revenue	2.54%	34.77%	-0.19%	-0.97%	-2.34%	-4.64%	-7.95%	-16.63%	-19.65%	-21.24%	-21.85%	-22.99%	-21.86%	-17.46%	-49.58%
Basic Earnings Per Share	$0.16	$2.09	-$0.01	-$0.05	-$0.08
Diluted Earnings Per Share	$0.14	$1.34	-$0.01	-$0.05	-$0.08	-$131.5K	-$203.0K	-$466.3K	-$682.0K	-$778.8K	-$647.7K	-$567.8K	-$435.7K	-$301.3K	-$274.6K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Cash & Short-Term Investments	$330.0M	$1.058B	$1.546B	$1.145B	$768.6M	$468.0M	$208.2M	$77.30M	$84.80M	$89.50M	$113.9M	$21.00M	$34.60M
YoY Change	-68.8%	-31.58%	34.96%	49.02%	64.23%	124.78%	169.34%	-8.84%	-5.25%	-21.42%	442.38%	-39.31%
Cash & Equivalents	$90.71M	$440.1M	$823.8M	$464.8M	$146.2M	$374.7M	$126.5M	$77.30M	$67.00M	$56.10M	$76.90M	$21.00M	$34.60M
Short-Term Investments	$194.3M	$584.0M	$691.8M	$665.6M	$381.1M	$93.30M	$81.70M	$0.00	$17.80M	$33.30M	$37.10M
Other Short-Term Assets	$53.42M	$63.24M	$58.94M	$24.60M	$27.10M	$14.20M	$9.800M	$24.90M	$34.80M	$7.000M	$3.200M	$2.900M	$7.700M
YoY Change	-15.53%	7.29%	139.59%	-9.23%	90.85%	44.9%	-60.64%	-28.45%	397.14%	118.75%	10.34%	-62.34%
Inventory
Prepaid Expenses
Receivables	$31.40M	$23.52M	$17.85M	$12.90M	$11.50M	$12.70M	$10.90M	$9.200M	$13.20M	$14.40M	$7.100M	$7.200M	$1.700M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$414.8M	$1.144B	$1.623B	$1.183B	$807.3M	$494.9M	$228.9M	$111.4M	$132.8M	$110.8M	$124.3M	$31.20M	$44.00M
YoY Change	-63.75%	-29.47%	37.16%	46.54%	63.12%	116.21%	105.48%	-16.11%	19.86%	-10.86%	298.4%	-29.09%
Property, Plant & Equipment	$208.2M	$223.2M	$199.2M	$184.2M	$103.3M	$59.90M	$47.50M	$37.90M	$49.70M	$99.10M	$124.1M	$107.4M	$85.90M
YoY Change	-6.73%	12.04%	8.17%	78.32%	72.45%	26.11%	25.33%	-23.74%	-49.85%	-20.15%	15.55%	25.03%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$249.5M	$216.2M	$746.0M	$523.6M	$310.5M	$16.10M	$20.30M	$0.00	$4.200M	$1.500M	$24.30M
YoY Change	15.41%	-71.01%	42.47%	68.63%	1828.57%	-20.69%		-100.0%	180.0%	-93.83%
Other Assets	$170.2M	$188.1M	$21.04M	$24.00M	$18.80M	$14.60M	$3.800M	$4.400M	$4.400M	$1.800M	$1.800M	$1.600M	$2.700M
YoY Change	-9.52%	794.4%	-12.35%	27.66%	28.77%	284.21%	-13.64%	0.0%	144.44%	0.0%	12.5%	-40.74%
Total Long-Term Assets	$1.312B	$1.321B	$1.297B	$1.068B	$681.7M	$266.0M	$218.0M	$179.3M	$158.6M	$207.3M	$203.1M	$165.2M	$152.3M
YoY Change	-0.65%	1.88%	21.37%	56.71%	156.28%	22.02%	21.58%	13.05%	-23.49%	2.07%	22.94%	8.47%
Total Assets	$1.727B	$2.465B	$2.919B	$2.251B	$1.489B	$760.9M	$446.9M	$290.7M	$291.4M	$318.1M	$327.4M	$196.4M	$196.3M
YoY Change
Accounts Payable	$28.18M	$12.37M	$11.99M	$8.500M	$7.400M	$8.200M	$7.000M	$5.200M	$5.900M	$10.90M	$4.100M	$4.200M	$1.500M
YoY Change	127.9%	3.13%	41.08%	14.86%	-9.76%	17.14%	34.62%	-11.86%	-45.87%	165.85%	-2.38%	180.0%
Accrued Expenses	$77.86M	$70.23M	$56.08M	$62.40M	$42.20M	$30.20M	$27.70M	$41.40M	$31.40M	$31.20M	$21.30M	$20.20M	$20.40M
YoY Change	10.86%	25.23%	-10.13%	47.87%	39.74%	9.03%	-33.09%	31.85%	0.64%	46.48%	5.45%	-0.98%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$357.1M										$0.00	$19.40M	$0.00
YoY Change											-100.0%
Total Short-Term Liabilities	$518.5M	$138.9M	$114.3M	$109.7M	$71.40M	$59.70M	$51.60M	$64.30M	$56.10M	$66.70M	$48.20M	$70.50M	$40.20M
YoY Change	273.33%	21.45%	4.23%	53.64%	19.6%	15.7%	-19.75%	14.62%	-15.89%	38.38%	-31.63%	75.37%
Long-Term Debt	$242.8M	$1.189B	$1.678B	$1.507B	$900.3M	$283.7M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$20.50M
YoY Change	-79.58%	-29.17%	11.36%	67.38%	217.34%							-100.0%
Other Long-Term Liabilities	$21.40M	$21.36M	$19.83M	$25.00M	$18.50M	$7.000M	$4.300M	$4.400M	$4.200M	$4.400M	$5.000M	$4.300M	$3.300M
YoY Change	0.17%	7.72%	-20.68%	35.14%	164.29%	62.79%	-2.27%	4.76%	-4.55%	-12.0%	16.28%	30.3%
Total Long-Term Liabilities	$264.2M	$1.210B	$1.698B	$1.532B	$918.8M	$290.7M	$4.300M	$4.400M	$4.200M	$4.400M	$5.000M	$4.300M	$23.80M
YoY Change	-78.17%	-28.74%	10.84%	66.73%	216.06%	6660.47%	-2.27%	4.76%	-4.55%	-12.0%	16.28%	-81.93%
Total Liabilities	$782.6M	$1.349B	$1.812B	$1.642B	$990.2M	$350.3M	$55.90M	$68.70M	$60.30M	$71.10M	$53.10M	$75.30M	$66.00M
YoY Change	-41.98%	-25.57%	10.4%	65.78%	182.67%	526.65%	-18.63%	13.93%	-15.19%	33.9%	-29.48%	14.09%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2016	2015	2014	2013	2012
Basic Shares Outstanding	116.5M shares	127.6M shares	141.3M shares	125.4M shares	119.2M shares	90.53M shares	86.82M shares	83.24M shares	21.12M shares	12.13M shares
Diluted Shares Outstanding	128.6M shares	149.9M shares	141.3M shares	125.4M shares	119.2M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $267.03 Million

About CHEGG, INC

Chegg, Inc. engages in providing support and a learning platform for students. The company is headquartered in Santa Clara, California and currently employs 1,903 full-time employees. The company went IPO on 2013-11-13. The firm is combining generative artificial intelligence (AI) and human capabilities to provide a personalized learning assistant to be included in its Chegg Study offering. Its service and product offerings fall into two categories: Subscription Services, which encompasses its Chegg Study Pack, Chegg Study, Chegg Writing, Chegg Math, and Busuu offerings that can be accessed internationally through its websites and on mobile devices, and Skills and Other, which encompasses its Chegg Skills, advertising services, print textbooks and eTextbooks offerings. Chegg Study subscribers have access to personalized, step-by-step learning support powered by AI, computational engines and subject matter experts. Chegg Study Pack is a premium subscription bundle that includes all of the benefits of Chegg Study, as well as Chegg Writing and Chegg Math. Chegg Skills offers programs on technical skills, including AI and data analytics.

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