Cengage Learning
OverviewSuggest Edit
Cengage Learning is a company providing higher education textbooks, ebooks, and digital solutions. It provides content, personalized services, and course-driven digital solutions. The company serves the higher education, K-12, professional, library, and workforce training markets.
| Type | Private | |
| Founded | 2007 | |
| HQ | Boston, MA, US | Map |
| Website | cengage.co.uk | |
| Employee Ratings | More |
Recent NewsAll News
- Digital Educational Publishing Market to grow by USD 9.03 billion during 2021-2025, Bertelsmann SE & Co. KGaA and Cengage Learning Holdings II Inc. emerge as Key Contributors to growth| Technavio
- Digital Education Publishing Market In US- Cengage Learning Inc., Georg von Holtzbrinck GmbH and Co. KG, Houghton Mifflin Harcourt Co., among others to contribute to the market growth
- E-learning Market in US to Grow by $ 21.64 Billion During 2020-2024 | Featuring Adobe Inc., Cengage Learning Holdings II Inc., and D2L Corp. among others | Technavio
- $ 21.57 Billion Growth in Global Online Language Learning Market 2020-2024 | Featuring Cengage Learning Inc., Duolingo Inc., and EF Education First Ltd. among others | Technavio
Key People/Management at Cengage Learning
Michael Hansen
Chief Executive Officer
Alexander Broich
President of Cengage Global Business, General Manager for English Language Teaching
Kermit Cook
Chief Operating Officer
Laura Stevens
Executive Vice President, General Counsel
Eric Sondag
Chairman of the Board
Alexandra Bernadotte
Director
Cengage Learning Office Locations
Cengage Learning has offices in Boston, Chicago, Farmington Hills, Independence and in 8 other locations
Boston, MA, US (HQ)
200 Pier Four Blvd #400
Chicago, IL, US
1 N State St #900
Farmington Hills, MI, US
27500 Drake Rd #6200
Independence, KY, US
10650 Toebben Dr
Mason, OH, US
5191 Natorp Blvd #2230
New York, NY, US
75 Greene St 2nd & 3rd floor
Cengage Learning Financials and Metrics
Summary Metrics
Founding Date | 2007 |
Cengage Learning Revenue
Cengage Learning's revenue was reported to be $1.45 b in FY, 2019 which is a 1.4% decrease from the previous period.
| USD | |
|---|---|
Revenue (Q3, 2019) | 410.4m |
Gross profit (Q3, 2019) | 199.0m |
Gross profit margin (Q3, 2019), % | 48.5% |
Net income (Q3, 2019) | 11.5m |
EBIT (Q3, 2019) | 52.9m |
Cash (30-Sept-2019) | 23.8m |
Annual
Quarterly
Annual
Quarterly
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
|---|---|---|---|---|---|---|---|---|
Net Income | (29.1m) | 26.3m | 51.8m | (68.5m) | (34.1m) | (81.1m) | (65.8m) | (54.3m) |
Depreciation and Amortization | 69.4m | 155.3m | 227.2m | 65.6m | 145.3m | 212.6m | 59.7m | 133.6m |
Inventories | 200.0k | 300.0k | (2.7m) | (5.6m) | 800.0k | (1.1m) | (5.5m) | 9.6m |
Accounts Payable | 12.0m | 80.5m | 57.7m | (6.3m) | 26.6m | 16.8m | (29.6m) | (30.9m) |
| USD | FY, 2017 |
|---|---|
Revenue/Employee | 307.4k |
Debt/Equity | 2.4 x |
Debt/Assets | 0.6 x |
Financial Leverage | 4.1 x |
Cengage Learning Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| WebAssign | September 23, 2016 | $50.9 m |
| Pathbrite | October 27, 2015 | |
| Learning Objects | September 23, 2015 | |
| Atomic Dog Publishing | April 04, 2006 | |
| Cengage Learning Asia Pte. Ltd. |
Cengage Learning Revenue Breakdown
Cengage Learning revenue breakdown by business segment: 64.0% from Learning, 15.6% from Gale and 20.4% from International
Cengage Learning revenue breakdown by geographic segment: 78.4% from United States and 21.6% from Rest of World
Cengage Learning Cybersecurity Score
Cengage Learning Environment, Social & Governance (ESG) Ratings
Cengage Learning Online and Social Media Presence
12.66k Twitter followers
Cengage Learning has 12.66k Twitter Followers. The number of followers has increased 1.1% month over month and increased 2.2% quarter over quarter
Cengage Learning's Trends
Twitter Engagement Stats for @CengageLearning
12.6k
Tweets
1.5k
Following
12.7k
Followers
79
Tweets last 30 days
1.2
Avg. likes per Tweet
46.8%
Tweets with engagement
Cengage Learning News and Updates
May 11, 2021
Digital Educational Publishing Market to grow by USD 9.03 billion during 2021-2025, Bertelsmann SE & Co. KGaA and Cengage Learning Holdings II Inc. emerge as Key Contributors to growth| Technavio
NEW YORK, May 11, 2021 /PRNewswire/ -- Technavio has been monitoring the digital educational publishing market and it is poised to grow by USD 9.03 billion during 2021-2025, progressing at a CAGR of almost 16% during the forecast period. The report offers an up-to-date analysis regarding...
May 11, 2021
Digital Education Publishing Market In US- Cengage Learning Inc., Georg von Holtzbrinck GmbH and Co. KG, Houghton Mifflin Harcourt Co., among others to contribute to the market growth
NEW YORK, May 10, 2021 /PRNewswire/ -- The digital education publishing market in the US is poised to grow by USD 2.83 billion during 2021-2025, progressing at a CAGR of over 16% during the forecast period. View our Exclusive report on Market scenarios, Estimates, the impact of lockdown,...
March 31, 2021
E-learning Market in US to Grow by $ 21.64 Billion During 2020-2024 | Featuring Adobe Inc., Cengage Learning Holdings II Inc., and D2L Corp. among others | Technavio
NEW YORK, March 31, 2021 /PRNewswire/ -- Technavio estimates the e-learning market in the US to grow by USD 21.64 billion, progressing at a CAGR of over 12% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and...
March 19, 2021
$ 21.57 Billion Growth in Global Online Language Learning Market 2020-2024 | Featuring Cengage Learning Inc., Duolingo Inc., and EF Education First Ltd. among others | Technavio
NEW YORK, March 19, 2021 /PRNewswire/ -- The online language learning market is expected to grow by USD 21.57 billion during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the online language learning market in...
August 05, 2020
K-12 Instruction Materials Market Worth Observing Growth: Cengage Learning, Santillana, Gakken
Stay up-to-date with K-12 Instruction Materials Market research offered by HTF MI. Check how key trends and emerging drivers are shaping this industry growth. Posted via Industry Today. Follow us on Twitter @IndustryToday
December 17, 2019
Global Online Education Market Analysis 2019-2025 Featuring Leading Players: Coursera, Udacity, Pluralsight, Cengage Learning, and Cornerstone OnDemand
DUBLIN, Dec. 17, 2019 /PRNewswire/ -- The "Online Education Market & Global Forecast, by End User, Learning Mode (Self-Paced, Instructor Led), Technology, Country, Company" report has been added to ResearchAndMarkets.com's offering. This report studies the global online education market....
Cengage Learning Blogs
April 23, 2022
When You Let Customers Tell You What They Need, Everyone Wins
Reading Time: 4 minutes By Erin Joyner, SVP, Course Solutions Product, Cengage My colleague Kevin Carlsten, who leads the Cengage team that works directly with college administrators, wrote recently about the frustration and compassion fatigue felt by faculty in the wake of the pandemic. He expla…
April 20, 2022
Congratulations to the Cengage 2022 All-USA Academic Team Scholars
Reading Time: 9 minutes Cengage partners with Phi Theta Kappa and the American Association of Community Colleges (AACC) every year to give $5,000 scholarships to twenty of the nation’s top college students. It’s called the All-USA Academic Team scholarship, and it’s widely recognized as a high hono…
April 12, 2022
Active Learning: How to Engage Students in Your Course
Reading Time: 4 minutes Tracy Zanolini is a Cengage Faculty Partner and Mathematics Instructor at Rowan Cabarrus Community College. Here she discusses Active Learning in her courses and provides tips to help you add Active Learning strategies to yours. When our boys were young, our pediatrician t…
March 26, 2022
Getting Time Back with Auto-Grading in MindTap [SUCCESS STORY]
Reading Time: < 1 minute Professor Jamie Loggains and her students both needed their time back. She taught three to five classes on top of her other responsibilities. They were working adult students with their own lives outside the classroom. But after incorporating MindTap for Health Care into…
March 22, 2022
MindTap Leads to a Higher GPA in Business Law Course [CASE STUDY]
Reading Time: < 1 minute Professor Daniel Rhem noticed a majority of his Business Law Course students weren’t engaging with his traditional course assignments. He needed fresh, meaningful measures that would spark student engagement, increase participation in case problems and enhance critical-t…
March 21, 2022
5 Work Ready Skills Every Graduate Will Need
From my years as an undergraduate through to working while studying for my Master’s degree, combining study with full-time employment ...
Cengage Learning Frequently Asked Questions
When was Cengage Learning founded?
Cengage Learning was founded in 2007.
Who are Cengage Learning key executives?
Cengage Learning's key executives are Michael Hansen, Alexander Broich and Kermit Cook.
How many employees does Cengage Learning have?
Cengage Learning has 4,327 employees.
What is Cengage Learning revenue?
Latest Cengage Learning annual revenue is $1.4 b.
What is Cengage Learning revenue per employee?
Latest Cengage Learning revenue per employee is $334.1 k.
Who are Cengage Learning competitors?
Competitors of Cengage Learning include Follett, Houghton Mifflin Harcourt and Stride.
Where is Cengage Learning headquarters?
Cengage Learning headquarters is located at 200 Pier Four Blvd #400, Boston.
Where are Cengage Learning offices?
Cengage Learning has offices in Boston, Chicago, Farmington Hills, Independence and in 8 other locations.
How many offices does Cengage Learning have?
Cengage Learning has 15 offices.
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