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)
Type
Public
HQ
Santa Clara, US
Founded
2005
Size (employees)
766 (est)
Website
chegg.com
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 $62.6 m in Q1, 2017
USD

Revenue (Q1, 2017)

62.6 m

Gross profit (Q1, 2017)

41.2 m

Gross profit margin (Q1, 2017), %

66%

Net income (Q1, 2017)

(6.4 m)

EBIT (Q1, 2017)

(5.5 m)

Market capitalization (21-Sep-2017)

1.4 b

Cash (31-Mar-2017)

70.3 m
Chegg's current market capitalization is $1.4 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
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

64.5 m81.5 m84.9 m67.1 m81.3 m66.7 m53 m71.3 m62.6 m

Cost of goods sold

38.6 m68.3 m65.5 m36.3 m61.7 m38.9 m21.4 m38.7 m21.4 m

Gross profit

25.9 m13.3 m19.4 m30.8 m19.6 m27.7 m31.6 m32.6 m41.2 m

Gross profit Margin, %

40%16%23%46%24%42%60%46%66%
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
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

30.8 m53.2 m50 m35.1 m80.9 m41.5 m49.7 m90.2 m70.3 m

Current Assets

74.6 m111 m102.2 m99.2 m151.2 m124.1 m108.4 m139.3 m103.9 m

PP&E

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

Goodwill

86.7 m86.7 m91.3 m91.3 m91.3 m91.3 m115 m115 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)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(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

81.7 k

Financial Leverage

1.3 x
Show all financial metrics

Chegg Market Value History

Chegg Job Categories

Chegg Median Salaries

Source: 89 public H-1B filings from Chegg

Traffic Overview of Chegg

Chegg Online and Social Media Presence

Chegg News and Updates

Ingram’s VitalSource wants to acquire Verba to give students affordable access to textbooks

 The college textbook industry has no shortage of startups, from ebook company RedShelf to big players like rental service Chegg all the way to Amazon itself. But a SF-based company called Verba, which has flown mostly under the radar since 2008, has weathered the slow change of the textbook industr…

Chegg Company Life and Culture

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