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.

Company Growth (employees)
Type
Public
HQ
Santa Clara, US
Founded
2005
Size (employees)
766 (est)-61%
Website
chegg.com
Chegg was founded in 2005 and is headquartered in Santa Clara, US

Key People/Management 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
Show all (1)

Chegg Financials and Metrics

Chegg Financials

Chegg's revenue was reported to be $254.1 m in FY, 2016
USD

Revenue (Q2, 2017)

56.3 m

Gross profit (Q2, 2017)

39.3 m

Gross profit margin (Q2, 2017), %

70%

Net income (Q2, 2017)

(6 m)

EBIT (Q2, 2017)

(5.3 m)

Market capitalization (23-Feb-2018)

2.1 b

Cash (30-Jun-2017)

66.1 m
Chegg's current market capitalization is $2.1 b.
USDFY, 2014FY, 2015FY, 2016

Revenue

304.8 m301.4 m254.1 m

Revenue growth, %

(1%)(16%)

Cost of goods sold

211 m189.8 m119.6 m

Gross profit

93.8 m111.5 m134.5 m
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

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

Cost of goods sold

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

Gross profit

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

Gross profit Margin, %

12%40%16%23%46%24%42%60%46%66%70%
USDFY, 2014FY, 2015FY, 2016

Cash

56.1 m67 m77.3 m

Accounts Receivable

400.7 m

Inventories

63.8 m

Current Assets

110.8 m132.8 m111.4 m
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

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

Current Assets

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

PP&E

19 m18.9 m18.3 m17.9 m18.6 m18.5 m23.4 m29.4 m30.8 m36.8 m40.3 m

Goodwill

49.6 m86.7 m86.7 m91.3 m91.3 m91.3 m91.3 m115 m115 m116.2 m116.2 m
USDFY, 2014FY, 2015FY, 2016

Net Income

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

Accounts Receivable

4 m(2 m)(127 k)

Inventories

(20 m)29 m10 m

Accounts Payable

10.9 m(58 m)(728 k)
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(25.8 m)(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 m6.1 m4.8 m3.8 m12 m4.3 m6.3 m8 m3.3 m
USDY, 2017

Revenue/Employee

73.5 k

Financial Leverage

1.2 x
Show all financial metrics

Chegg Market Value History

Chegg Median Salaries

Source: 89 public H-1B filings from Chegg

Chegg's Web-traffic and Trends

Chegg Online and Social Media Presence

Chegg Company Life and Culture

You may also be interested in