Chegg
ProfileJobs (50)

Chegg

Suggest Edit
    • EducationMarketingTechnologyadvertisingcontent curriculume-learninghigher educationplatformrentaltutoring

    Chegg operates a student-first connected learning platform helping students' transition from high school to college to career. It offers print textbook and eTextbook library for rent and sale, provides eTextbooks, supplemental materials, Chegg Study service, tutoring service, writing tools, textbook buyback, test preparation service, internships, and college admissions and scholarship services, as well as enrollment marketing and brand advertising services.

    Revenue(FY, 2017)
    $255.1 M
    Market capitalization(2018-12-14)
    $3.4 B
    Customers(FY, 2017)
    4.2 M

    Employee Rating

    4.1More
    TypePublic
    HQSanta Clara, US
    Founded2005
    Size (employees)893 (est)+17%
    Websitechegg.com
    Chegg was founded in 2005 and is headquartered in Santa Clara, US
    Report incorrect company information

    Viewing summary data as a guest

    Sign up for free to see all data

    Key People/Management at Chegg

    Dan Rosensweig

    Dan Rosensweig

    President and Chief Executive Officer
    Nathan Schultz

    Nathan Schultz

    Chief Learning Officer
    Andrew Brown

    Andrew Brown

    CFO
    Mike Osier

    Mike Osier

    Chief Outcomes Officer
    Esther Lem

    Esther Lem

    Chief Marketing Officer
    Dave Borders

    Dave Borders

    General Counsel
    Show more

    Chegg Office Locations

    Chegg has an office in Santa Clara
    Santa Clara, US (HQ)
    3990 Freedom Circle
    Show all (1)
    Report incorrect company information

    Chegg Financials and Metrics

    Chegg Revenue

    Chegg's revenue was reported to be $255.07 m in FY, 2017 which is a 0.4% increase from the previous period.
    USD

    Revenue (Q3, 2018)

    		74.2m

    Net income (Q3, 2018)

    		(13.7m)

    EBIT (Q3, 2018)

    		(10.4m)

    Market capitalization (14-Dec-2018)

    		3.4b

    Closing stock price (14-Dec-2018)

    		29.2

    Cash (30-Sep-2018)

    		379.0m
    Chegg's current market capitalization is $3.4 b.
    Annual
    USDFY, 2014FY, 2015FY, 2016FY, 2017

    Revenue

    		304.8m49.0m33.0m255.1m

    Revenue growth, %

    		(1%)(16%)0%

    Cost of goods sold

    		211.0m

    Gross profit

    		93.8m
    Quarterly
    USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

    Revenue

    		74.4m64.5m81.5m84.9m5.0m25.2m12.7m53.0m71.3m62.6m56.3m62.6m76.9m74.2m

    Cost of goods sold

    		65.5m38.6m68.3m65.5m21.4m38.7m

    Gross profit

    		8.9m25.9m13.3m19.4m31.6m32.6m

    Gross profit Margin, %

    		12%40%16%23%60%46%
    show all
    Annual
    USDFY, 2014FY, 2015FY, 2016FY, 2017

    Cash

    		56.1m67.0m77.3m126.5m

    Accounts Receivable

    		400.7m

    Inventories

    		63.8m

    Current Assets

    		110.8m132.8m111.4m228.9m
    Quarterly
    USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

    Cash

    		39.4m30.8m53.2m50.0m35.1m80.9m41.5m49.7m90.2m70.3m66.1m122.2m106.8m384.9m379.0m

    Current Assets

    		108.4m74.6m111.0m102.2m99.2m151.2m124.1m108.4m139.3m103.9m89.4m240.8m214.8m490.4m502.3m

    PP&E

    		19.0m18.9m18.3m17.9m18.6m18.5m23.4m29.4m30.8m36.8m40.3m45.1m48.2m51.5m52.9m

    Goodwill

    		49.6m86.7m86.7m91.3m91.3m91.3m91.3m115.0m115.0m116.2m116.2m116.2m125.5m135.8m149.8m
    show all
    Annual
    USDFY, 2014FY, 2015FY, 2016FY, 2017

    Net Income

    		(64.8m)(59.2b)(42.2m)(20.3m)

    Inventories

    		(20.0m)29.0m10.0m

    Accounts Payable

    		10.9m(58.0m)(728.0k)2.6m

    Cash From Operating Activities

    		(20.7m)10.9m24.9m51.1m
    Quarterly
    USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

    Net Income

    		(25.8m)(34.0m)(66.4m)(28.5m)(38.7m)(62.8m)(15.7m)(24.7m)(40.8m)(6.4m)(12.4m)(23.9m)(2.6m)(6.5m)(20.2m)

    Depreciation and Amortization

    		5.2m10.7m16.6m

    Accounts Payable

    		(786.0k)3.0m(319.0k)(4.9m)(6.1m)2.0m(1.6m)1.0m2.7m(1.1m)(3.6m)(2.3m)(3.1m)(1.7m)(3.0m)

    Cash From Operating Activities

    		29.1m22.6m68.0m6.7m(13.1m)18.1m(19.2m)(7.1m)30.7m835.0k16.2m29.4m6.6m23.5m44.7m
    show all
    USDY, 2018

    Financial Leverage

    		1.9 x
    Show all financial metrics

    Chegg Operating Metrics

    Chegg's Customers was reported to be 4.2 m in FY, 2017.
    FY, 2015FY, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017FY, 2017Q1, 2018Q2, 2018

    Citations

    		430 m150 m140 m63 m147 m500 m130 m133 m

    Customers

    		3.10 m3.50 m4.20 m

    Internships Provided

    		320 340 250 k

    Views

    		99 m98 m74 m169 m440 m158 m158 m
    Show all operating metrics
    Report incorrect company information

    Competitors

    Barnes & Noble
    Retail - Public
    Carnegie Dartlet
    Marketing - Private
    Embibe
    Education - Private
    Open Learning Initiative
    Education - Private
    Compare competitors

    Chegg Online and Social Media Presence

    Embed Graph
    Report incorrect company information

    Chegg News and Updates

    October 30, 2018

    Chegg Honored as 2018 100 Best Workplaces for Women as well as Best Medium Workplaces by Great Place to Work® and FORTUNE MAGAZINE

    SANTA CLARA, Calif., Oct. 30, 2018 /PRNewswire/ -- Chegg Inc. (NYSE: CHGG), the Smarter Way to Student, was named as one of the 2018 Best Workplaces for Women by Great Place to Work and FORTUNE. The list recognizes companies whose female employees report equally positive experiences as...
    October 29, 2018

    CHEGG LEAD PLAINTIFF DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 In Chegg, Inc. To Contact The Firm

    NEW YORK, Oct. 29, 2018 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Chegg, Inc. ("Chegg" or the "Company") (NYSE: CHGG) of the November 26, 2018 deadline to seek the role of lead plaintiff in a federal securities class action that has ...
    October 29, 2018

    Chegg Reports Q3 2018 Financial Results

    SANTA CLARA, Calif., Oct. 29, 2018 /PRNewswire/ -- Chegg, Inc. (NYSE: CHGG), the Smarter Way to Student, today reported financial results for the three months ended September 30, 2018. "We had a great Q3, driven by 37% Chegg Services revenues growth and 45% subscriber growth,...
    October 29, 2018

    Chegg stock rises more than 9% on company's adjusted earnings beat

    Shares of Chegg Inc. rose more than 6% in the extended session Monday after the online education services company reported adjusted third-quarter earnings and sales above Wall Street expectations. Chegg said it lost $14 million, or 12 cents a share, in the quarter, compared with a loss of 11 cents …
    October 15, 2018

    Chegg Creates New Monetization Opportunities with Oracle Cloud

    REDWOOD SHORES, Calif., Oct. 15, 2018 /PRNewswire/ -- Chegg, Inc., the Smarter Way to Studentâ„¢, has deployed Oracle Monetization Cloud to enable innovative digital subscription services. Chegg's student-first, interconnected learning platform is transforming the way millions of students...
    October 03, 2018

    Chegg to Announce Third Quarter 2018 Financial Results

    SANTA CLARA, Calif., Oct. 3, 2018 /PRNewswire/ -- Chegg, Inc. (NYSE: CHGG), a Smarter Way to Student, today announced that it is scheduled to release its earnings results for the third quarter of 2018 ended September 30, 2018, on Monday, October 29, 2018, after the market close. Chegg...
    Show more
    Report incorrect company information

    Chegg Company Life and Culture

    Report incorrect company information
    Download PDF

     Chegg Frequently Asked Questions

    • When was Chegg founded?

      Chegg was founded in 2005.

    • Who are Chegg key executives?

      Chegg's key executives are Dan Rosensweig, Nathan Schultz and Andrew Brown.

    • How many employees does Chegg have?

      Chegg has 893 employees.

    • What is Chegg revenue?

      Latest Chegg annual revenue is $255.1 m.

    • What is Chegg revenue per employee?

      Latest Chegg revenue per employee is $285.6 k.

    • Who are Chegg competitors?

      Competitors of Chegg include Barnes & Noble, Carnegie Dartlet and Embibe.

    • Where is Chegg headquarters?

      Chegg headquarters is located at 3990 Freedom Circle, Santa Clara.

    • Where are Chegg offices?

      Chegg has an office in Santa Clara.

    • How many offices does Chegg have?

      Chegg has 1 office.