Chegg is a company that operates a student-first connected learning platform helping students' transition from high school to college to career. It offers print textbook and e-textbook library for rent and sale, provides e-textbooks, supplemental materials, Chegg Study service, tutoring service, writing tools, textbook buyback, test preparation service, internships, college admissions, and scholarship services, as well as enrollment marketing and brand advertising services.
Type | Public | |
Founded | 2005 | |
HQ | Santa Clara, CA, US | Map |
Website | chegg.com | |
Employee Ratings | More | |
Overall Culture | A+ | More |
USD | |
---|---|
Revenue (FY, 2020) | 644.3m |
Gross profit (FY, 2020) | 438.9m |
Gross profit margin (FY, 2020), % | 68.1% |
Net income (FY, 2020) | (6.2m) |
EBIT (FY, 2020) | 56.8m |
Market capitalization (1-Apr-2021) | 12.4b |
Closing stock price (1-Apr-2021) | 88.3 |
Cash (31-Dec-2020) | 479.9m |
EV | 11.9b |
USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|
Revenue | 76.9m | 74.2m | 74.2m | 97.4m | 93.9m | 94.2m | 131.6m | 153.0m | 154.0m |
Cost of goods sold | 20.2m | 17.8m | 19.9m | 23.3m | 20.5m | 22.2m | 42.4m | 43.5m | 62.4m |
Gross profit | 56.7m | 56.4m | 54.3m | 74.1m | 73.3m | 72.0m | 89.2m | 109.5m | 91.6m |
Gross profit Margin, % | 74% | 76% | 73% | 76% | 78% | 76% | 68% | 72% | 60% |
USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|
Cash | 106.8m | 384.9m | 379.0m | 914.5m | 555.8m | 450.5m | 359.1m | 285.1m | 527.5m |
Accounts Receivable | 8.1m | 8.1m | 8.6m | 8.9m | 5.9m | 13.7m | 6.5m | 8.8m | 12.5m |
Prepaid Expenses | 10.8m | 8.7m | 7.1m | 15.7m | 12.2m | 9.7m | 17.9m | 16.1m | 15.1m |
Current Assets | 214.8m | 490.4m | 502.3m | 1.0b | 847.9m | 844.1m | 807.8m | 742.1m | 1.3b |
USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|
Net Income | (2.6m) | (6.5m) | (20.2m) | (4.3m) | (6.3m) | (17.8m) | (5.7m) | 4.9m | (32.3m) |
Depreciation and Amortization | 5.2m | 10.7m | 16.6m | 6.8m | 13.9m | 21.4m | 12.8m | 26.9m | 43.8m |
Accounts Payable | (3.1m) | (1.7m) | (3.0m) | (1.8m) | (5.4m) | (4.0m) | (436.0k) | (574.0k) | (1.6m) |
Cash From Operating Activities | 6.6m | 23.5m | 44.7m | 17.9m | 47.8m | 86.6m | 63.0m | 122.2m | 168.7m |
USD | FY, 2017 |
---|---|
Revenue/Employee | 285.6k |
Financial Leverage | 1.1 x |
FY, 2015 | FY, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Customers | 3.1 m | 3.5 m | 4.2 m | 5.1 m | 5.8 m | ||||||||||||
Internships Provided | 320 k | 340 k | 250 k | ||||||||||||||
Subscribers | 1.5 m | 1.5 m | 1.1 m | 1.2 m | 1.2 m | 2.2 m | 2.2 m | 2.16 m | 3.1 m | 2.23 m | 2.21 m | 3.94 m | 2.91 m | 3.72 m | 3.75 m | ||
Views | 99 m | 98 m | 74 m | 440 m | 158 m | 158 m | 110 m | 650 m | 126 m | 198 m | 138 m | 810 m | 235 m | 375 m | 252 m |
Company Name | Date | Deal Size |
---|---|---|
Mathway | June 05, 2020 | $100 m |
StudyBlue | September 04, 2019 | $20.8 m |
Thinkful | September 04, 2019 | $80 m |
WriteLab | May 16, 2018 | $15 m |
MATH 42 | October 18, 2017 | €12.5 m |
RefME | February 08, 2017 | |
Imagine Easy Solutions | May 01, 2016 | $42 m |
Internships.com | October 02, 2014 | $11 m |
InstaEDU | June 03, 2014 | $30 m |
Campus Special | April 18, 2014 |
Chegg revenue breakdown by business segment: 80.8% from Chegg Services and 19.2% from Required Materials
Chegg has 56.73k Twitter Followers. The number of followers has increased 0.3% month over month and increased 0.7% quarter over quarter
11.3k
Tweets
3.1k
Following
56.7k
Followers
33
Tweets last 30 days
2.4
Avg. likes per Tweet
42.4%
Tweets with engagement
A+
85/100
A+
93/100
A
85/100
A+
86/100
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 1,401 employees.
What is Chegg revenue?
Latest Chegg annual revenue is $644.3 m.
What is Chegg revenue per employee?
Latest Chegg revenue per employee is $459.9 k.
Who are Chegg competitors?
Competitors of Chegg include Course Hero, 2U and Vedantu.
Where is Chegg headquarters?
Chegg headquarters is located at 3990 Freedom Cir, Santa Clara.
Where are Chegg offices?
Chegg has offices in Santa Clara, New York, San Francisco, Berlin and in 3 other locations.
How many offices does Chegg have?
Chegg has 7 offices.
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