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-Sep-2017) | 1.4 b |
Cash (31-Mar-2017) | 70.3 m |
Chegg's current market capitalization is $1.4 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 |
| 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% |
| 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 |
| 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 |
| 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) |
| 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
Market Position of Chegg
Traffic Overview of Chegg
Chegg Online and Social Media Presence
Chegg News and Updates
February 15, 2017
Ingram’s VitalSource wants to acquire Verba to give students affordable access to textbooks
The college textbook industry has no shortage of startups, from ebook company RedShelf to big players like rental service Chegg all the way to Amazon itself. But a SF-based company called Verba, which has flown mostly under the radar since 2008, has weathered the slow change of the textbook industr…