Chegg (CHGG) stock price, revenue, and financials

Chegg market cap is $12.1 b, and annual revenue was $644.34 m in FY 2020

$12.1 B

CHGG Mkt cap, 07-May-2021

$198.4 M

Chegg Revenue Q1, 2021
Chegg Gross profit (Q1, 2021)127 M
Chegg Gross profit margin (Q1, 2021), %64%
Chegg Net income (Q1, 2021)-65.2 M
Chegg EBIT (Q1, 2021)16.8 M
Chegg Cash, 31-Mar-2021656.2 M
Chegg EV11.4 B

Chegg Revenue

Chegg revenue was $644.34 m in FY, 2020

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Chegg Revenue Breakdown

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Chegg revenue breakdown by business segment: 80.8% from Chegg Services and 19.2% from Required Materials

Chegg Income Statement

Annual

USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

255.1m321.1m410.9m644.3m

Revenue growth, %

26%28%

Cost of goods sold

80.2m80.0m92.2m205.4m

Gross profit

174.9m241.1m318.7m438.9m

Gross profit Margin, %

69%75%78%68%

Sales and marketing expense

51.2m54.7m63.6m81.9m

R&D expense

81.9m114.3m139.8m170.9m

General and administrative expense

64.4m77.7m97.5m129.3m

Operating expense total

193.9m247.3m300.9m382.2m

EBIT

(19.0m)(6.2m)17.8m56.8m

EBIT margin, %

(7%)(2%)4%9%

Interest expense

74.0k11.2m44.9m66.3m

Pre tax profit

(18.5m)(13.5m)(7.0m)(861.0k)

Income tax expense

1.8m1.4m2.6m5.4m

Net Income

(20.3m)(14.9m)(9.6m)(6.2m)

EPS

(0.2)(0.1)(0.1)

Chegg Balance Sheet

Annual

USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

126.5m374.7m387.5m479.9m

Accounts Receivable

10.9m12.7m11.5m12.9m

Prepaid Expenses

2.0m4.7m10.5m12.8m

Current Assets

228.9m494.9m807.3m1.2b

PP&E

47.5m59.9m87.4m125.8m

Goodwill

125.3m149.5m214.5m285.2m

Total Assets

446.9m760.9m1.5b2.3b

Accounts Payable

7.0m8.2m7.4m8.5m

Short-term debt

5.3m6.6m

Current Liabilities

51.6m59.7m71.4m109.7m

Long-term debt

283.7m914.8m19.3m

Non-Current Liabilities

4.3m290.6m918.8m1.5b

Total Debt

283.7m920.1m25.9m

Total Liabilities

55.9m350.3m990.2m1.6b

Common Stock

110.0k116.0k122.0k129.0k

Preferred Stock

Additional Paid-in Capital

782.8m818.1m916.1m1.0b

Retained Earnings

(391.6m)(406.6m)(416.3m)(422.6m)

Total Equity

391.1m410.6m498.8m609.6m

Debt to Equity Ratio

0.7 x1.8 x

Debt to Assets Ratio

0.4 x0.6 x

Financial Leverage

1.1 x1.9 x3 x3.7 x

Chegg Cash Flow

Annual

USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(20.3m)(14.9m)(9.6m)(6.2m)

Depreciation and Amortization

19.3m22.8m30.2m47.0m

Accounts Receivable

(175.0k)(1.5m)1.8m(400.0k)

Accounts Payable

2.6m893.0k(2.4m)1.1m

Cash From Operating Activities

51.1m75.1m113.4m236.4m

Purchases of PP&E

(26.1m)(31.2m)(42.3m)(81.3m)

Cash From Investing Activities

(136.2m)(82.5m)(703.4m)(732.8m)

Long-term Borrowings

(39.2m)(97.2m)(304.0m)

Cash From Financing Activities

134.2m256.4m603.5m588.6m

Net Change in Cash

49.1m249.0m13.5m92.3m

Interest Paid

85.0k605.0k1.3m1.8m

Income Taxes Paid

1.8m2.1m2.1m3.4m

Chegg Ratios

USDFY, 2017

Revenue/Employee

285.6k

Financial Leverage

1.1 x

Chegg Operating Metrics

Chegg's Subscribers was reported to be 3.7 m in Q3, 2020. Chegg's Customers was reported to be 5.8 m in FY, 2019.
FY, 2015FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020

Citations

430 m150 m140 m63 m500 m130 m133 m65 m500 m200 m137 m72 m

Customers

3.1 m3.5 m4.2 m5.1 m5.8 m

Internships Provided

320 k340 k250 k

Subscribers

1.5 m1.5 m1.1 m1.2 m1.2 m2.2 m2.2 m2.16 m3.1 m2.23 m2.21 m3.94 m2.91 m3.72 m3.75 m

Views

99 m98 m74 m440 m158 m158 m110 m650 m126 m198 m138 m810 m235 m375 m252 m

Chegg Employee Rating

4.21380 votes
Culture & Values
3.9
Work/Life Balance
4.2
Senior Management
3.8
Salary & Benefits
3.8
Career Opportunities
3.8
Source