Company Growth (employees)
Chegg was founded in 2005 and is headquartered in Santa Clara, US
Key People at Chegg
Eric Di Benedetto
Team Member
David Bernhardt
Vice President, Financial Planning & Analysis
Chegg Office Locations
Chegg has an office in Santa Clara
Santa Clara, US (HQ)
3990 Freedom Circle
Chegg Data and Metrics
Chegg Financial Metrics
Chegg's revenue was reported to be $62.6 m in Q1, 2017
USD
Revenue (Q1, 2017) | 62.6 m |
Gross profit (Q1, 2017) | 41.2 m |
Gross profit margin (Q1, 2017), % | 66% |
Net income (Q1, 2017) | (6.4 m) |
EBIT (Q1, 2017) | (5.5 m) |
Market capitalization (21-Jul-2017) | 1.3 b |
Cash (31-Mar-2017) | 70.3 m |
Chegg's current market capitalization is $1.3 b.
| USD | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Revenue | 304.8 m | 301.4 m | 254.1 m |
Revenue growth, % | (1%) | (16%) | |
Cost of goods sold | 211 m | 189.8 m | 119.6 m |
Gross profit | 93.8 m | 111.5 m | 134.5 m |
Gross profit Margin, % | 31% | 37% | 53% |
Sales and marketing expense | 72.3 m | 64.1 m | 53.9 m |
R&D expense | 49.4 m | 59.4 m | 66.3 m |
General and administrative expense | 41.8 m | 45.2 m | 55.4 m |
Operating expense total | 159 m | 169.2 m | 174.6 m |
EBIT | (65.1 m) | (57.7 m) | (40.1 m) |
EBIT margin, % | (21%) | (19%) | (16%) |
Interest expense | (317 k) | (247 k) | (171 k) |
Pre tax profit | (64.6 m) | (57.7 m) | (40.5 m) |
Income tax expense | 186 k | 1.5 m | 1.7 m |
Net Income | (64.8 m) | (59.2 m) | (42.2 m) |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 64.5 m | 81.5 m | 84.9 m | 67.1 m | 81.3 m | 66.7 m | 53 m | 71.3 m | 62.6 m |
Cost of goods sold | 38.6 m | 68.3 m | 65.5 m | 36.3 m | 61.7 m | 38.9 m | 21.4 m | 38.7 m | 21.4 m |
Gross profit | 25.9 m | 13.3 m | 19.4 m | 30.8 m | 19.6 m | 27.7 m | 31.6 m | 32.6 m | 41.2 m |
Gross profit Margin, % | 40% | 16% | 23% | 46% | 24% | 42% | 60% | 46% | 66% |
Sales and marketing expense | 14.8 m | 23.5 m | 21.4 m | 12.4 m | 16.2 m | 14.4 m | 11.7 m | 15.3 m | 16 m |
R&D expense | 12.2 m | 13.5 m | 16.1 m | 13.3 m | 15.7 m | 17 m | 16 m | 16.2 m | 19.3 m |
General and administrative expense | 10.7 m | 11 m | 11.8 m | 11.9 m | 12.1 m | 12.7 m | 14.6 m | 13.9 m | 15.3 m |
Operating expense total | 37.7 m | 47.9 m | 49.3 m | 37.6 m | 43.9 m | 44.1 m | 42.3 m | 45.4 m | 50.6 m |
EBIT | (9.6 m) | (32.6 m) | (28.3 m) | (9.7 m) | (23.8 m) | (15.3 m) | (8.4 m) | (15.3 m) | (5.5 m) |
EBIT margin, % | (15%) | (40%) | (33%) | (14%) | (29%) | (23%) | (16%) | (21%) | (9%) |
Interest expense | (127 k) | (67 k) | (61 k) | (60 k) | (61 k) | (60 k) | (61 k) | (30 k) | (19 k) |
Pre tax profit | (28.2 m) | (15.3 m) | (8.5 m) | (15.5 m) | (5.8 m) | ||||
Income tax expense | (1.4 m) | 281 k | 294 k | 430 k | 389 k | 400 k | 509 k | 554 k | 647 k |
Net Income | (8.2 m) | (32.4 m) | (28.5 m) | (10.1 m) | (24.2 m) | (15.7 m) | (9 m) | (16.1 m) | (6.4 m) |
| USD | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Cash | 56.1 m | 67 m | 77.3 m |
Accounts Receivable | 400.7 m | ||
Inventories | 63.8 m | ||
Current Assets | 110.8 m | 132.8 m | 111.4 m |
PP&E | 18.4 m | 20 m | 35.3 m |
Goodwill | 91.3 m | 91.3 m | 116.2 m |
Total Assets | 318.1 m | 291.4 m | 290.7 m |
Accounts Payable | 10.9 m | 5.9 m | 5.2 m |
Current Liabilities | 66.7 m | 56.1 m | 64.3 m |
Non-Current Liabilities | 4.4 m | ||
Total Liabilities | 71.1 m | 68.7 m | |
Additional Paid-in Capital | 516.8 m | 560.2 m | 593.4 m |
Retained Earnings | (269.9 m) | (329.1 m) | (371.3 m) |
Total Equity | 247 m | 231.1 m | 221.9 m |
Financial Leverage | 1.3 x | 1.3 x | 1.3 x |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 30.8 m | 53.2 m | 50 m | 35.1 m | 80.9 m | 41.5 m | 49.7 m | 90.2 m | 70.3 m |
Current Assets | 74.6 m | 111 m | 102.2 m | 99.2 m | 151.2 m | 124.1 m | 108.4 m | 139.3 m | 103.9 m |
PP&E | 18.9 m | 18.3 m | 17.9 m | 18.6 m | 18.5 m | 23.4 m | 29.4 m | 30.8 m | 36.8 m |
Goodwill | 86.7 m | 86.7 m | 91.3 m | 91.3 m | 91.3 m | 91.3 m | 115 m | 115 m | 116.2 m |
Total Assets | 314.5 m | 348.1 m | 309.7 m | 287.6 m | 322.1 m | 274.7 m | 292.9 m | 316.2 m | 281 m |
Accounts Payable | 9.8 m | 6.1 m | 4.8 m | 3.8 m | 12 m | 4.3 m | 6.3 m | 8 m | 3.3 m |
Current Liabilities | 54 m | 108.1 m | 70 m | 47.5 m | 97.7 m | 50.4 m | 67.1 m | 97 m | 62.4 m |
Non-Current Liabilities | 5.2 m | 5.3 m | 4.3 m | ||||||
Additional Paid-in Capital | 494.4 m | 506.2 m | 533.7 m | 543.8 m | 552.8 m | 565.2 m | 575.6 m | 585 m | 591.8 m |
Retained Earnings | (239.1 m) | (271.6 m) | (298.4 m) | (308.5 m) | (332.7 m) | (344.8 m) | (353.8 m) | (369.8 m) | (377.7 m) |
Total Equity | 255.4 m | 234.7 m | 235.4 m | 235.3 m | 220.1 m | 220.4 m | 221.7 m | 215.1 m | 214.1 m |
Financial Leverage | 1.2 x | 1.5 x | 1.3 x | 1.2 x | 1.5 x | 1.2 x | 1.3 x | 1.5 x | 1.3 x |
| USD | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Net Income | (64.8 m) | (59.2 b) | (42.2 m) |
Accounts Receivable | 4 m | (2 m) | (127 k) |
Inventories | (20 m) | 29 m | 10 m |
Accounts Payable | 10.9 m | (58 m) | (728 k) |
Cash From Operating Activities | (20.7 m) | 10.9 m | 24.9 m |
Purchases of PP&E | (24.7 m) | ||
Cash From Investing Activities | (6 m) | ||
Cash From Financing Activities | (8.7 m) | ||
Interest Paid | 50 k | ||
Income Taxes Paid | 1.1 m |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | (8.2 m) | (32.4 m) | (28.5 m) | (10.1 m) | (24.2 m) | (15.7 m) | (9 m) | (16.1 m) | (6.4 m) |
Accounts Payable | 9.8 m | 6.1 m | 4.8 m | 3.8 m | 12 m | 4.3 m | 6.3 m | 8 m | 3.3 m |
| USD | Y, 2017 |
|---|---|
Revenue/Employee | 81.7 k |
Financial Leverage | 1.3 x |
Chegg Market Value History
Chegg Job Categories
Chegg Median Salaries
Source: 89 public H-1B filings from Chegg
