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.

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
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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 Financials

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

Revenue (Q1, 2018)

76.9 m

Gross profit (Q1, 2018)

56.7 m

Gross profit margin (Q1, 2018), %

73.7%

Net income (Q1, 2018)

(2.6 m)

EBIT (Q1, 2018)

(2.6 m)

Market capitalization (22-Jun-2018)

3.1 b

Closing share price (22-Jun-2018)

27.9

Cash (31-Mar-2018)

106.8 m
Chegg's current market capitalization is $3.1 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

304.8 m301.4 m254.1 m255.1 m

Revenue growth, %

(1%)(16%)0%

Cost of goods sold

211 m189.8 m119.6 m80.2 m

Gross profit

93.8 m111.5 m134.5 m174.9 m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Cash

56.1 m67 m77.3 m126.5 m

Accounts Receivable

400.7 m

Inventories

63.8 m

Current Assets

110.8 m132.8 m111.4 m228.9 m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Cash

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

Current Assets

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

PP&E

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

Goodwill

49.6 m86.7 m86.7 m91.3 m91.3 m91.3 m91.3 m115 m115 m116.2 m116.2 m125.5 m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(64.8 m)(59.2 b)(42.2 m)(20.3 m)

Inventories

(20 m)29 m10 m

Accounts Payable

10.9 m(58 m)(728 k)2.6 m

Cash From Operating Activities

(20.7 m)10.9 m24.9 m51.1 m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2018

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)(2.6 m)

Depreciation and Amortization

5.2 m

Accounts Payable

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

Cash From Operating Activities

6.6 m
USDY, 2018

Revenue/Employee

100.5 k

Financial Leverage

1.1 x
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Chegg Operating Metrics

Chegg's Customers was reported to be 4.2 m in FY, 2017.
FY, 2015FY, 2016FY, 2017

Customers

3.10 m3.50 m4.20 m
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Chegg Online and Social Media Presence

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Chegg News and Updates

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