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
- 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
- K-12 Instruction Materials Market Worth Observing Growth: Cengage Learning, Santillana, Gakken
- Global Online Education Market Analysis 2019-2025 Featuring Leading Players: Coursera, Udacity, Pluralsight, Cengage Learning, and Cornerstone OnDemand
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 Cybersecurity Score
Cengage Learning Online and Social Media Presence
11.86k Twitter followers
Cengage Learning has 11.86k Twitter Followers. The number of followers has increased 0.2% month over month and increased 1.2% quarter over quarter
Cengage Learning's Trends
Twitter Engagement Stats for @CengageLearning
11.8k
Tweets
1.5k
Following
11.9k
Followers
83
Tweets last 30 days
1.3
Avg. likes per Tweet
71.1%
Tweets with engagement
Cengage Learning News and Updates
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....
February 14, 2019
Global K-12 Education Market 2019-2023 : Chungdahm Learning, Dell, Educomp Solutions, Next Education, Samsung, TAL Education Group, Tata Class Edge, Adobe Systems, Blackboard, BenQ, Cengage Learning, D2L, Ellucian, IBM, Intel, Knewton, Mcmil
Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors. We provide intellectual, precise and meaningful data at a lightning speed. Posted via Industry Today. Follow us on Twitter @Indust…
February 13, 2019
E-Book Market to See Huge Growth in Future | Amazon, Harper Collins, Hachette, Penguin Random House, Kensington Publishing, Cengage Learning
Stay up-to-date with E-Book 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
Cengage Learning Blogs
May 08, 2021
The 5th P of Marketing: Purpose
Reading Time: 2 minutes “The 4 Ps of marketing”—product, price, place and promotion strategy—have been the foundations of industry thinking and introductory Marketing courses for the past sixty years. Other Ps, such as people and processes, have tried to make their way into the mix, but the origina…
May 06, 2021
How to Use WebAssign in Your Traditional Classroom
Reading Time: 6 minutes With universities slowly transitioning back to physical classrooms, you may be wondering how WebAssign digital tools will translate to face-to-face teaching. There’s value in using technology in your class. In fact, survey results show that digital tools help students pass c…
May 01, 2021
How Students and Professors Can Get the Most Out of Cengage eTextbooks
Reading Time: 4 minutes The concept of digital reading is nothing new. In fact, history’s first eBook came to be in 1971 when Michael S. Hart launched Project Gutenberg and digitized the U.S. Declaration of Independence. In the 50 years that have passed since then, the popularity of reading on elec…
April 28, 2021
Survey: College Students More Likely than Instructors to Give Pandemic Learning an “A” Grade and Prefer Some Courses be Fully Online Post-Pandemic
BOSTON—April 28, 2021 —The higher education industry navigated many challenges over the last year, including the transition to online learning. As students, faculty and administrators reflect on the last year, the majority actually give pandemic learning a decent grade. In fact, more students gave p…
April 21, 2021
Teach Proof Development Skills with New Automatically Graded Problems
Reading Time: 2 minutes You want to teach proofs in your Math course, but it’s not as simple as a right or wrong answer. Writing proofs provides a way for students to show their reasoning skills and to construct logical arguments which, in addition to other problem-solving skills, are critical in S…
April 20, 2021
“It Isn’t Enough to Not Be Racist.” ULC and Gale Call on Library Executives to Actively Embrace Anti-Racism’s Leadership Imperative
WASHINGTON & FARMINGTON HILLS, Mich. – The Urban Libraries Council (ULC) has published a new Leadership Brief on Anti-Racist Executive Leadership for Public Libraries, sponsored by Gale, a Cengage company. This resource examines the deep roots and enduring harm of structural racism in public lib…
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 4,373 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 $330.6 k.
Who are Cengage Learning competitors?
Competitors of Cengage Learning include Stride, Curriculum Associates and MDPI.
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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