Chegg (CHGG) stock price, revenue, and financials

Chegg market cap is $8 b, and annual revenue was $410.93 m in FY 2019

$8 B

CHGG Mkt cap, 22-May-2020

$131.6 M

Chegg Revenue Q1, 2020
Chegg Gross profit (Q1, 2020)89.2 M
Chegg Gross profit margin (Q1, 2020), %67.8%
Chegg Net income (Q1, 2020)-5.7 M
Chegg EBIT (Q1, 2020)3.3 M
Chegg Cash, 31-Mar-2020359.1 M
Chegg EV7.7 B

Chegg Revenue

Chegg revenue was $410.93 m in FY, 2019

Embed Graph

Chegg Income Statement

Quarterly

USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

74.4m64.5m81.5m84.9m67.1m81.3m66.7m53.0m71.3m62.6m56.3m62.6m76.9m74.2m74.2m97.4m93.9m94.2m131.6m

Cost of goods sold

65.5m38.6m68.3m65.5m36.3m61.7m38.9m21.4m38.7m21.4m17.0m22.4m20.2m17.8m19.9m23.3m20.5m22.2m42.4m

Gross profit

8.9m25.9m13.3m19.4m30.8m19.6m27.7m31.6m32.6m41.2m39.3m40.3m56.7m56.4m54.3m74.1m73.3m72.0m89.2m

Gross profit Margin, %

12%40%16%23%46%24%42%60%46%66%70%64%74%76%73%76%78%76%68%

Sales and marketing expense

15.0m14.8m23.5m21.4m12.4m16.2m14.4m11.7m15.3m16.0m10.1m14.2m15.3m11.4m15.7m18.7m11.8m16.8m20.2m

R&D expense

11.3m12.2m13.5m16.1m13.3m15.7m17.0m16.0m16.2m19.3m19.9m19.9m25.5m26.2m29.0m32.7m32.1m36.4m39.5m

General and administrative expense

9.8m10.7m11.0m11.8m11.9m12.1m12.7m14.6m13.9m15.3m14.5m17.3m18.3m19.5m20.0m23.7m22.6m23.8m26.1m

Operating expense total

34.5m35.5m45.9m47.6m40.5m43.4m43.0m40.0m48.0m46.7m44.6m51.4m59.3m57.1m64.8m75.1m66.5m77.0m85.9m

EBIT

(25.6m)(9.6m)(32.6m)(28.3m)(9.7m)(23.8m)(15.3m)(8.4m)(15.3m)(5.5m)(5.3m)(11.2m)(2.6m)(711.0k)(10.4m)(1.0m)6.8m(5.1m)3.3m

EBIT margin, %

(34%)(15%)(40%)(33%)(14%)(29%)(23%)(16%)(21%)(9%)(9%)(18%)(3%)(1%)(14%)(1%)7%(5%)2%

Interest expense

61.0k127.0k67.0k61.0k60.0k61.0k60.0k61.0k30.0k19.0k18.0k19.0k20.0k3.7m3.8m4.2m13.5m13.5m13.4m

Pre tax profit

(25.5m)(9.6m)(32.2m)(28.2m)(9.7m)(23.8m)(15.3m)(8.5m)(15.5m)(5.8m)(5.3m)(10.9m)(2.1m)(3.5m)(13.0m)(3.7m)(1.4m)(10.9m)(5.2m)

Income tax expense

217.0k(1.4m)281.0k294.0k430.0k389.0k400.0k509.0k554.0k647.0k716.0k598.0k541.0k428.0k713.0k626.0k583.0k623.0k500.0k

Net Income

(25.8m)(8.2m)(32.4m)(28.5m)(10.1m)(24.2m)(15.7m)(9.0m)(16.1m)(6.4m)(6.0m)(11.5m)(2.6m)(3.9m)(13.7m)(4.3m)(2.0m)(11.5m)(5.7m)

Chegg Balance Sheet

Annual

USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

56.1m67.0m77.3m126.5m374.7m387.5m

Accounts Receivable

400.7m10.9m12.7m11.5m

Prepaid Expenses

2.0m4.7m10.5m

Inventories

63.8m

Current Assets

110.8m132.8m111.4m228.9m494.9m807.3m

PP&E

18.4m20.0m35.3m47.5m59.9m87.4m

Goodwill

91.3m91.3m116.2m125.3m149.5m214.5m

Total Assets

318.1m291.4m290.7m446.9m760.9m1.5b

Accounts Payable

10.9m5.9m5.2m7.0m8.2m7.4m

Current Liabilities

66.7m56.1m64.3m51.6m59.7m71.4m

Long-term debt

14.5m

Non-Current Liabilities

4.4m4.3m290.6m918.8m

Total Debt

14.5m

Total Liabilities

71.1m68.7m55.9m350.3m990.2m

Common Stock

110.0k116.0k122.0k

Preferred Stock

Additional Paid-in Capital

516.8m560.2m593.4m782.8m818.1m916.1m

Retained Earnings

(269.9m)(329.1m)(371.3m)(391.6m)(406.6m)(416.3m)

Total Equity

247.0m231.1m221.9m391.1m410.6m498.8m

Financial Leverage

1.3 x1.3 x1.3 x1.1 x1.9 x3 x

Quarterly

USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

39.4m30.8m53.2m50.0m35.1m80.9m41.5m49.7m90.2m70.3m66.1m122.2m106.8m384.9m379.0m914.5m555.8m450.5m359.1m

Accounts Receivable

9.3m9.9m15.8m10.7m12.1m9.3m11.0m12.9m9.5m8.8m8.8m9.8m8.1m8.1m8.6m8.9m5.9m13.7m6.5m

Prepaid Expenses

3.0m3.7m3.4m8.6m7.7m5.8m8.5m5.6m4.0m8.2m7.0m3.9m10.8m8.7m7.1m15.7m12.2m9.7m17.9m

Current Assets

108.4m74.6m111.0m102.2m99.2m151.2m124.1m108.4m139.3m103.9m89.4m240.8m214.8m490.4m502.3m1.0b847.9m844.1m807.8m

PP&E

19.0m18.9m18.3m17.9m18.6m18.5m23.4m29.4m30.8m36.8m40.3m45.1m48.2m51.5m52.9m72.9m77.0m77.7m97.9m

Goodwill

49.6m86.7m86.7m91.3m91.3m91.3m91.3m115.0m115.0m116.2m116.2m116.2m125.5m135.8m149.8m149.5m149.5m149.1m214.3m

Total Assets

332.8m314.5m348.1m309.7m287.6m322.1m274.7m292.9m316.2m281.0m268.2m440.2m423.5m720.6m752.3m1.3b1.4b1.5b1.5b

Accounts Payable

3.7m9.8m6.1m4.8m3.8m12.0m4.3m6.3m8.0m3.3m809.0k2.1m4.0m5.3m4.3m6.3m3.1m4.2m13.6m

Short-term debt

5.2m

Current Liabilities

75.7m54.0m108.1m70.0m47.5m97.7m50.4m67.1m97.0m62.4m41.1m66.0m49.0m48.5m76.6m73.0m64.2m88.8m101.8m

Long-term debt

15.4m14.2m15.3m13.0m

Non-Current Liabilities

5.2m5.2m5.3m4.3m4.7m4.3m4.0m4.0m4.1m4.5m5.0m5.2m4.4m283.3m287.1m808.1m892.0m906.3m930.2m

Total Debt

15.4m14.2m15.3m18.2m

Total Liabilities

80.8m59.2m113.4m74.3m52.2m102.0m54.3m71.2m101.1m66.9m46.1m71.2m53.5m331.9m363.7m881.1m956.1m995.2m1.0b

Common Stock

83.0k84.0k84.0k86.0k88.0k88.0k90.0k91.0k91.0k94.0k96.0k108.0k113.0k114.0k115.0k118.0k119.0k121.0k124.0k

Preferred Stock

Additional Paid-in Capital

482.7m494.4m506.2m533.7m543.8m552.8m565.2m575.6m585.0m591.8m605.6m764.1m764.1m787.5m801.4m839.9m873.1m894.7m890.3m

Retained Earnings

(230.9m)(239.1m)(271.6m)(298.4m)(308.5m)(332.7m)(344.8m)(353.8m)(369.8m)(377.7m)(383.8m)(395.3m)(394.3m)(398.2m)(411.9m)(411.0m)(413.0m)(424.5m)(422.1m)

Total Equity

251.9m255.4m234.7m235.4m235.3m220.1m220.4m221.7m215.1m214.1m222.1m369.0m370.0m388.7m388.6m428.1m459.6m468.5m462.9m

Financial Leverage

1.3 x1.2 x1.5 x1.3 x1.2 x1.5 x1.2 x1.3 x1.5 x1.3 x1.2 x1.2 x1.1 x1.9 x1.9 x3.1 x3.1 x3.1 x3.2 x

Chegg Cash Flow

Annual

USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(64.8m)(59.2b)(42.2m)(20.3m)(14.9m)(9.6m)

Depreciation and Amortization

19.3m22.8m30.2m

Accounts Receivable

4.0m(2.0m)(127.0k)(175.0k)(1.5m)1.8m

Inventories

(20.0m)29.0m10.0m

Accounts Payable

10.9m(58.0m)(728.0k)2.6m893.0k(2.4m)

Cash From Operating Activities

(20.7m)10.9m24.9m51.1m75.1m113.4m

Purchases of PP&E

(24.7m)(26.1m)(31.2m)(42.3m)

Cash From Investing Activities

(6.0m)(136.2m)(82.5m)(703.4m)

Cash From Financing Activities

(8.7m)134.2m256.4m603.5m

Net Change in Cash

49.1m249.0m13.5m

Interest Paid

50.0k85.0k605.0k1.3m

Income Taxes Paid

1.1m1.8m2.1m2.1m

Quarterly

USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

(25.8m)(34.0m)(66.4m)(28.5m)(38.7m)(62.8m)(15.7m)(24.7m)(40.8m)(6.4m)(12.4m)(23.9m)(2.6m)(6.5m)(20.2m)(4.3m)(6.3m)(17.8m)(5.7m)

Depreciation and Amortization

22.1m42.7m62.0m3.2m6.4m9.2m2.6m6.1m10.0m4.4m9.1m14.3m5.2m10.7m16.6m6.8m13.9m21.4m9.2m

Accounts Receivable

(2.2m)(2.2m)(3.6m)2.4m116.0k(399.0k)2.2m2.6m312.0k1.9m2.0m786.0k2.8m2.6m2.4m4.0m6.9m(850.0k)4.9m

Accounts Payable

(786.0k)3.0m(319.0k)(4.9m)(6.1m)2.0m(1.6m)1.0m2.7m(1.1m)(3.6m)(2.3m)(3.1m)(1.7m)(3.0m)(1.8m)(5.4m)(4.0m)(436.0k)

Cash From Operating Activities

29.1m22.6m68.0m6.7m(13.1m)18.1m(19.2m)(7.1m)30.7m835.0k16.2m29.4m6.6m23.5m44.7m17.9m47.8m86.6m63.0m

Purchases of PP&E

(1.3m)(2.5m)(3.8m)(1.5m)(4.1m)(5.9m)(4.8m)(14.2m)(17.8m)(4.8m)(12.5m)(19.9m)(4.9m)(10.1m)(18.0m)(14.1m)(23.5m)(31.5m)(20.0m)

Cash From Investing Activities

(63.2m)(66.8m)(89.9m)(12.8m)(10.2m)4.5m39.0k(3.1m)401.0k2.0m(5.6m)(110.9m)4.2m(19.2m)(46.1m)13.2m(464.7m)(610.4m)(47.3m)

Cash From Financing Activities

(3.4m)(1.8m)(1.8m)(28.0k)2.2m2.2m(6.3m)(7.1m)(7.9m)(9.9m)(21.8m)126.4m(30.4m)254.1m254.2m508.5m597.9m599.6m(44.2m)

Net Change in Cash

(37.4m)(46.1m)(23.7m)(6.1m)(21.0m)24.8m(25.5m)(17.3m)23.2m(7.0m)(11.2m)44.9m(19.6m)258.4m252.8m539.6m181.0m75.8m(28.5m)

Interest Paid

31.0k31.0k88.0k25.0k50.0k76.0k19.0k19.0k47.0k30.0k48.0k66.0k19.0k37.0k55.0k431.0k901.0k500.0k

Income Taxes Paid

360.0k445.0k518.0k423.0k571.0k686.0k402.0k252.0k831.0k388.0k821.0k1.2m503.0k944.0k1.6m626.0k912.0k1.5m756.0k

Chegg Ratios

USDY, 2020

EV/EBIT

2.3 k x

EV/CFO

122 x

Financial Leverage

3.2 x

Chegg Operating Metrics

Chegg's Customers was reported to be 4.2 m in FY, 2017. Chegg's Subscribers was reported to be 2.2 m in FY, 2017.
FY, 2015FY, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017FY, 2017Q1, 2018Q2, 2018

Citations

430 m150 m140 m63 m147 m500 m130 m133 m

Customers

3.10 m3.50 m4.20 m

Internships Provided

320 k340 k250 k

Subscribers

1.50 m1.50 m1.10 m1.20 m1.20 m1.40 m2.20 m

Views

99 m98 m74 m169 m440 m158 m158 m

Chegg Employee Rating

4.0661 votes
Culture & Values
4.0
Work/Life Balance
4.3
Senior Management
3.7
Salary & Benefits
3.8
Career Opportunities
3.5
Source