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
Fernando Bleichmar
General Manager, Higher Education and Skills
Alexander Broich
President of Cengage Global Businesses
George Moore
Chief Technology Officer
Bob Munro
Chief Financial Officer
Laura Stevens
Chief Legal Officer
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
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: 20.4% from International, 15.6% from Gale and 64.0% from Learning
Cengage Learning revenue breakdown by geographic segment: 21.6% from Rest of World and 78.4% from United States
Cengage Learning Online and Social Media Presence
11.84k Twitter followers
Cengage Learning has 11.84k Twitter Followers. The number of followers has increased 0.1% month over month
Cengage Learning's Trends
Twitter Engagement Stats for @CengageLearning
11.9k
Tweets
1.5k
Following
11.8k
Followers
65
Tweets last 30 days
1.6
Avg. likes per Tweet
75.4%
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
July 26, 2021
How to Run Windows on Mac with Boot Camp
Reading Time: 4 minutes Corinne Hoisington is a Professor of Information Systems Technology at Central Virginia Community College If you are teaching any sort of Microsoft Office application, you may have run into problems if you work on a Mac, particularly with Access as Microsoft does not offer…
July 23, 2021
6 Tips for Women in Tech: A SIMPLE Strategy for Breaking into the Industry
Reading Time: 4 minutes By Tanya Mosley, Computer Information Systems Technology Instructor, Chattahoochee Tech, Georgia In male-dominated industries, some women may face challenges as they try to establish themselves or thrive doing something they love. This was very much true in my case when I …
July 23, 2021
Master Business Cases: Plug and Play Business Law Activities
Reading Time: 3 minutes By Lisa Elliott, Cengage Business Law Subject Matter Expert and Adjunct Instructor As adjunct instructors, we often face a number of hurdles in preparing course materials. While students may enjoy the “war stories” of our daily lives practicing law (and most of us enjoy te…
July 20, 2021
Embracing the Exchange of Ideas in the Health Information Field
Reading Time: 2 minutes Dana McWay is an expert at Health Care, Law and Ethics and the author of Cengage texts Today’s Health Information Management, 3e and Legal and Ethical Aspects of Health Information Management, 5e Recently, I participated in the annual meeting of the National Advisory Commi…
July 16, 2021
Managing Student Expectations Around SAM and the Grading Engine
Reading Time: 4 minutes By Ralph Hooper, Austin Community College Many instructors adopt MindTap Collections or SAM because they believe it will make their lives easier. It provides handy features like automatic grading and sending immediate feedback and remediation tools to their students. While…
July 14, 2021
Address Readiness Gaps with WebAssign Learn It Modules
Reading Time: 3 minutes Students enter college with a wide range of math expertise, as well as a variety of gaps in prerequisite knowledge. This year, those gaps are even more unpredictable than before due to COVID-related learning loss. This makes it challenging for instructors to support each stu…
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, Fernando Bleichmar and Alexander Broich.
How many employees does Cengage Learning have?
Cengage Learning has 4,390 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 $329.3 k.
Who are Cengage Learning competitors?
Competitors of Cengage Learning include Houghton Mifflin Harcourt, Stride and Curriculum Associates.
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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