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CHGG - Chegg, Inc.

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Chegg, Inc.

CHGG

NYSE

Chegg, Inc. operates direct-to-student learning platform that supports students starting with their academic journey and extending into their careers with products and services to support and help them better understand their academic course materials. The company offers Chegg Services, which include subscription services; and required materials that comprise its print textbooks and eTextbooks. Its subscription services include Chegg Study, which helps students master challenging concepts on their own; Chegg Writing that provides students with a suite of tools, such as plagiarism detection scans, grammar and writing fluency checking, expert personalized writing feedback, and premium citation generation; Chegg Math, a step-by-step math problem solver and calculator that helps students to solve problems; Chegg Study Pack, a bundle of various Chegg Services product offerings, including Chegg Study, Chegg Writing, and Chegg Math Solver services, which creates an integrated platform of connected academic support services; Busuu, an online language learning solution that offers a comprehensive solution through a combination of self-paced lessons, live classes with expert tutors, and the ability to learn and practice with members of the Busuu language learning community; and Thinkful, a skills-based learning platform that offers professional courses along with networking, interviewing, and career services. The company also provides other services, such as Chegg Life, Chegg Prep, and Chegg Internships; provides personal and professional development skills training; and rents and sells print textbooks and eTextbooks. Chegg, Inc. was incorporated in 2005 and is headquartered in Santa Clara, California.

0.756 USD

0.0276 (3.65%)

CHGG Financial Statements

Year

2024

2023

2022

2021

Current Assets

437.56M

414.83M

1.14B

1.62B

Cash & Short Term Investments

315.72M

330.01M

1.06B

1.55B

Cash And Cash Equivalents

161.47M

135.76M

473.68M

854.08M

Short Term Investments

154.25M

194.26M

583.97M

691.78M

Net Receivables

23.64M

31.4M

23.52M

17.85M

Inventory

0

0

28.48M

35.09M

Other Current Assets

81.09M

32.44M

34.75M

23.85M

Non-Current Assets

431.39M

1.31B

1.32B

1.3B

Property, Plant & Equipment

192.9M

208.2M

223.22M

199.24M

Goodwill And Intangible Assets

10.35M

684.42M

693.43M

330.33M

Goodwill

0

632M

615.09M

289.76M

Intangible Assets

10.35M

52.43M

78.33M

40.57M

Long Term Investments

212.65M

249.55M

216.23M

745.99M

Tax Assets

964k

141.84M

167.52M

1.36M

Other Non-Current Assets

14.53M

28.38M

20.61M

19.67M

Other Assets

0

0

0

0

Total Assets

868.95M

1.73B

2.47B

2.92B

-

-

-

-

Current Liabilities

528.34M

518.46M

138.87M

114.34M

Accounts Payable

15.16M

28.18M

12.37M

11.99M

Short Term Debt

0

357.08M

-56.23M

0

Tax Payables

0

0

15.13M

11.13M

Deferred Revenue

39.22M

55.34M

56.27M

35.14M

Other Current Liabilities

473.96M

7.32M

38k

1.39M

Total Current Liabilities

528.34M

518.46M

138.87M

114.34M

Total Non-Current Liabilities

147.63M

264.15M

1.21B

1.7B

Long-Term Debt

127.34M

242.76M

1.19B

1.68B

Deferred Revenue

0

0

0

0

Deferred Taxes Liabilities

0

0

0

0

Other Non Current liabilities

20.29M

3.33M

7.99M

7.38M

Total Liabilities

675.97M

782.62M

1.35B

1.81B

Other Liabilities

0

0

0

0

Stockholders Equity

192.98M

944.62M

1.12B

1.11B

Common Stock

105k

103k

126k

137k

Retained Earnings

-889.44M

-52.37M

-70.55M

-337.19M

Accumulated Other Comprehensive Income/Loss

-32.23M

-34.74M

-57.49M

-5.33M

Other Shareholders Equity

1.11B

0

0

0

Total Liabilities and Stockholders Equity

868.95M

1.73B

2.47B

2.92B

Retained Earning Schedule

Year

2024

2023

2022

2021

Retained Earnings (Previous Year)

-52.37M

-70.55M

-337.19M

-422.6M

Net Income

-837.07M

18.18M

266.64M

-1.46M

Stock Repurchases

-2.57M

-334.81M

-323.53M

-300M

Dividend Paid

0

0

0

0

Retained Earnings

-889.44M

-52.37M

-70.55M

-337.19M

Other Distributions

-839.64M

-316.63M

-56.89M

-214.59M

PPE Schedule

Year

2024

2023

2022

2021

Gross PPE

192.9M

208.2M

223.22M

199.24M

Annual Depreciation

78.34M

129.72M

91.61M

74.13M

Capital Expenditure

-74.95M

-83.05M

-103.09M

-94.18M

Net PPE

189.51M

161.54M

234.71M

219.29M

Intangible and Goodwill Schedule

Year

2024

2023

2022

2021

Acquisitions and Adjustments

-632M

16.9M

325.33M

4.55M

Goodwill (Previous Year)

632M

615.09M

289.76M

285.21M

Goodwill

0

632M

615.09M

289.76M

All figures are in USD.

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