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.

TypePublic
HQSanta Clara, US
Founded2005
Size (employees)766 (est)-61%
Websitechegg.com
Chegg was founded in 2005 and is headquartered in Santa Clara, US
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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
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Chegg Office Locations

Chegg has an office in Santa Clara
Santa Clara, US (HQ)
3990 Freedom Circle
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Chegg Financials and Metrics

Chegg Revenue

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

Net income (Q2, 2018)

(6.5m)

EBIT (Q2, 2018)

(3.3m)

Market capitalization (18-Oct-2018)

2.9b

Closing stock price (18-Oct-2018)

25.8

Cash (30-Jun-2018)

384.9m
Chegg's current market capitalization is $2.9 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

304.8m301.4m254.1m255.1m

Revenue growth, %

(1%)(16%)0%

Cost of goods sold

211.0m189.8m119.6m80.2m

Gross profit

93.8m111.5m134.5m174.9m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

74.4m64.5m81.5m84.9m67.1m81.3m66.7m53.0m71.3m62.6m56.3m62.6m76.9m

Cost of goods sold

65.5m38.6m68.3m65.5m36.3m61.7m38.9m21.4m38.7m21.4m17.0m22.4m20.2m

Gross profit

8.9m25.9m13.3m19.4m30.8m19.6m27.7m31.6m32.6m41.2m39.3m40.3m56.7m

Gross profit Margin, %

12%40%16%23%46%24%42%60%46%66%70%64%74%
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, 2017Q1, 2018Q2, 2018

Cash

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

Current Assets

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

PP&E

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

Goodwill

49.6m86.7m86.7m91.3m91.3m91.3m91.3m115.0m115.0m116.2m116.2m125.5m135.8m
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, 2017Q1, 2018Q2, 2018

Net Income

(25.8m)(8.2m)(32.4m)(28.5m)(10.1m)(24.2m)(15.7m)(9.0m)(16.1m)(6.4m)(2.6m)(6.5m)

Depreciation and Amortization

5.2m10.7m

Accounts Payable

9.8m6.1m4.8m3.8m12.0m4.3m6.3m8.0m3.3m(3.1m)(1.7m)

Cash From Operating Activities

6.6m23.5m
USDY, 2018

Financial Leverage

1.9 x
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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
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Chegg Online and Social Media Presence

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Chegg News and Updates

Chegg Creates New Monetization Opportunities with Oracle Cloud

REDWOOD SHORES, Calif., Oct. 15, 2018 /PRNewswire/ -- Chegg, Inc., the Smarter Way to Student™, 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...

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...

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Chegg, Inc. - CHGG

NEW YORK, Oct. 3, 2018 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Chegg, Inc. ("Chegg" or the "Company") (NYSE: CHGG). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980. The investigation...

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

NEW YORK, Sept. 28, 2018 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Chegg, Inc. ("Chegg" or the "Company") (NYSE: CHGG) If you invested in Chegg stock or options between July 30, 2018 and September 25, 2018 and...

SHAREHOLDER ALERT - Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against Chegg, Inc. (CHGG) & Lead Plaintiff Deadline - November 26, 2018

NEW YORK, Sept. 28, 2018 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Chegg Inc. ("Chegg" or the "Company") (NYSE: CHGG) on behalf of shareholders who purchased or otherwise acquired Chegg...

Investor Alert: Kaplan Fox Investigates Chegg, Inc.

NEW YORK, Sept. 26, 2018 /PRNewswire/ -- Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) has been investigating claims on behalf of investors of Santa Clara, California-based Chegg, Inc. ("Chegg" or the "Company") (NYSE: CHGG). On September 26, 2018, Chegg filed a report with the...
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Chegg Company Life and Culture

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