Chegg is an online textbook rental company offering services to universities and community colleges in the U.S. Acting as the student hub, Chegg is transforming the way the students learn by connecting them to the people and tools needed to succeed in college.

Company Growth (employees)
Santa Clara, US
Size (employees)
766 (est)+14%
Chegg was founded in 2005 and is headquartered in Santa Clara, US

Key People at Chegg

Eric Di Benedetto

Eric Di Benedetto

Team Member
David Bernhardt

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 $254.1 m in FY, 2016 which is a 16% decrease from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

254.1 m

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

134.5 m

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

(42.2 m)

EBIT (FY, 2016)

(40.1 m)

Market capitalization (26-May-2017)

1.1 b

Closing share price (26-May-2017)


Cash (31-Dec-2016)

77.3 m
Chegg's current market capitalization is $1.1 b.
Numbers are in $, USDFY, 2014FY, 2015FY, 2016


304.8 m301.4 m254.1 m

Revenue growth, %


Cost of goods sold

211 m189.8 m119.6 m

Gross profit

93.8 m111.5 m134.5 m

Gross profit Margin, %


Sales and marketing expense

72.3 m64.1 m53.9 m

R&D expense

49.4 m59.4 m66.3 m

General and administrative expense

41.8 m45.2 m55.4 m

Operating expense total

159 m169.2 m174.6 m


(65.1 m)(57.7 m)(40.1 m)

EBIT margin, %


Interest expense

(317 k)(247 k)(171 k)

Pre tax profit

(64.6 m)(57.7 m)(40.5 m)

Income tax expense

186 k1.5 m1.7 m

Net Income

(64.8 m)(59.2 m)(42.2 m)
Numbers are in $, USDFY, 2014FY, 2015FY, 2016


56.1 m67 m77.3 m


63.8 m

Current Assets

110.8 m132.8 m111.4 m


18.4 m20 m35.3 m


91.3 m91.3 m116.2 m

Total Assets

318.1 m291.4 m290.7 m

Accounts Payable

10.9 m5.9 m5.2 m

Current Liabilities

66.7 m56.1 m64.3 m

Non-Current Liabilities

4.4 m

Total Liabilities

71.1 m

Additional Paid-in Capital

516.8 m560.2 m593.4 m

Retained Earnings

(269.9 m)(329.1 m)(371.3 m)

Total Equity

247 m231.1 m221.9 m

Financial Leverage

1.3 x1.3 x1.3 x
Numbers are in $, USDFY, 2014FY, 2015FY, 2016

Net Income

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

Accounts Receivable

4 m(2 m)(127 k)


(20 m)29 m10 m

Accounts Payable

10.9 m(58 m)(728 k)

Cash From Operating Activities

(20.7 m)10.9 m24.9 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
Y, 2016

Financial Leverage

1.3 x

Chegg Market Value History

Chegg Job Categories

Chegg Median Salaries

Source: 89 public H-1B filings from Chegg

Chegg Online and Social Media Presence

Chegg News and Updates

Chegg Company Life and Culture

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