NYSE : CHGG
Chegg, Inc. — Financial statements
Consumer Staples · Education & Training Services · United States
Last price 0.7027 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 78.02M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Chegg, Inc. (CHGG) reported revenue of 265.51M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 265.51M | 376.91M | 617.57M | 716.29M | 766.90M | 776.26M |
| Cost of Revenue | 93.34M | 133.85M | 180.16M | 225.94M | 197.40M | 254.90M |
| Gross Profit | 172.17M | 243.06M | 437.41M | 490.35M | 569.50M | 521.36M |
| Selling, General & Admin | 111.75M | 200.28M | 313.63M | 355.77M | 363.91M | 264.43M |
| Research & Development | 36.47M | 78.08M | 159.04M | 191.71M | 196.64M | 178.82M |
| Operating Expenses | 148.22M | 278.36M | 472.68M | 547.48M | 560.54M | 443.25M |
| Operating Income | 23.95M | -35.30M | -35.27M | -57.12M | 8.96M | 78.11M |
| Interest Expense | -135.00K | -590.00K | -2.59M | -3.77M | -6.04M | -6.90M |
| Interest & Investment Income | 8.81M | 8.81M | 28.05M | 37.41M | 12.43M | 6.70M |
| Currency Exchange Gain (Loss) | 4.63M | |||||
| Other Non Operating Income (Expenses) | -5.78M | -101.00K | 11.00K | 579.00K | 126.00K | -6.34M |
| EBT Excluding Unusual Items | 26.85M | -27.18M | -9.79M | -22.91M | 20.10M | 71.57M |
| Merger & Restructuring Charges | -73.05M | -75.05M | -24.60M | |||
| Impairment of Goodwill | -635.39M | |||||
| Gain (Loss) on Sale of Investments | 5.00K | 752.00K | 3.76M | -2.11M | -9.68M | 12.32M |
| Asset Writedown | -2.00M | -2.00M | -41.85M | -3.60M | ||
| Legal Settlements | -7.00M | |||||
| Other Unusual Items | -3.50M | 3.34M | 19.52M | 85.93M | 93.52M | -78.15M |
| Pretax Income | -51.70M | -100.14M | -688.37M | 50.31M | 103.95M | 5.74M |
| Income Tax Expense | 1.30M | 3.28M | 148.70M | 32.13M | -162.69M | 7.20M |
| Net Income | -53.00M | -103.42M | -837.07M | 18.18M | 266.64M | -1.46M |
| Net Income to Common | -53.00M | -103.42M | -837.07M | 18.18M | 266.64M | -1.46M |
| Shares Outstanding (Basic) | 110.25M | 107.48M | 103.30M | 116.50M | 127.56M | 141.26M |
| Shares Outstanding (Diluted) | 110.25M | 107.48M | 103.30M | 128.57M | 149.86M | 141.26M |
| EPS (Basic) | -0.48 | -0.96 | -8.10 | 0.16 | 2.09 | -0.01 |
| EPS (Diluted) | -0.48 | -0.96 | -8.10 | -0.34 | 1.34 | -0.01 |
| Free Cash Flow | -6.96M | -12.63M | 50.25M | 163.15M | 148.83M | 168.11M |
| Free Cash Flow Per Share | -0.06 | -0.12 | 0.49 | 1.27 | 0.99 | 1.19 |
| Gross Margin | 64.84% | 64.49% | 70.83% | 68.46% | 74.26% | 67.16% |
| Operating Margin | 9.02% | -9.37% | -5.71% | -7.98% | 1.17% | 10.06% |
| Profit Margin | -19.96% | -27.44% | -135.54% | 2.54% | 34.77% | -0.19% |
| Free Cash Flow Margin | -2.62% | -3.35% | 8.14% | 22.78% | 19.41% | 21.66% |
| EBITDA | 81.25M | 43.34M | 43.08M | 72.59M | 100.56M | 152.24M |
| EBITDA Margin | 30.60% | 11.50% | 6.98% | 10.13% | 13.11% | 19.61% |
| D&A For EBITDA | 57.31M | 78.64M | 78.34M | 129.72M | 91.61M | 74.13M |
| EBIT | 23.95M | -35.30M | -35.27M | -57.12M | 8.96M | 78.11M |
| EBIT Margin | 9.02% | -9.37% | -5.71% | -7.98% | 1.17% | 10.06% |
| Effective Tax Rate | 63.87% | 125.41% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 44.62M | 31.15M | 161.47M | 135.76M | 473.68M | 854.08M |
| Short-Term Investments | 27.69M | 41.67M | 154.25M | 194.26M | 583.97M | 691.78M |
| Cash & Short-Term Investments | 72.31M | 72.82M | 315.72M | 330.01M | 1.06B | 1.55B |
| Accounts Receivable | 10.73M | 15.60M | 23.64M | 31.40M | 23.52M | 17.85M |
| Other Receivables | 1.19M | 55.00M | ||||
| Receivables | 10.73M | 16.79M | 78.64M | 31.40M | 23.52M | 17.85M |
| Prepaid Expenses | 11.35M | 16.33M | 17.10M | 20.98M | 28.48M | 35.09M |
| Restricted Cash | 575.00K | 956.00K | 63.00K | |||
| Other Current Assets | 14.30M | 15.09M | 25.14M | 32.44M | 34.69M | 23.85M |
| Total Current Assets | 108.70M | 121.61M | 437.56M | 414.83M | 1.14B | 1.62B |
| Property, Plant & Equipment | 106.45M | 128.36M | 192.90M | 208.20M | 223.22M | 199.24M |
| Long-Term Investments | 12.39M | 212.65M | 249.55M | 216.23M | 745.99M | |
| Goodwill | 632.00M | 615.09M | 289.76M | |||
| Other Intangible Assets | 3.96M | 6.04M | 10.35M | 52.43M | 78.33M | 40.57M |
| Long-Term Deferred Tax Assets | 141.84M | 167.52M | 1.36M | |||
| Other Long-Term Assets | 8.51M | 9.61M | 15.49M | 28.38M | 20.61M | 19.67M |
| Total Assets | 227.62M | 278.01M | 868.95M | 1.73B | 2.47B | 2.92B |
| Accounts Payable | 4.78M | 3.26M | 15.16M | 28.18M | 12.37M | 11.99M |
| Accrued Expenses | 12.35M | 71.03M | 62.71M | 29.39M | ||
| Current Portion of Long-Term Debt | 33.84M | 53.77M | 358.61M | 357.08M | ||
| Current Portion of Leases | 4.27M | 4.28M | 5.62M | 6.84M | 7.53M | 6.66M |
| Current Income Taxes Payable | 8.96M | 11.33M | 11.32M | 11.13M | ||
| Current Unearned Revenue | 26.57M | 29.68M | 39.22M | 55.34M | 56.27M | 35.14M |
| Other Current Liabilities | 2.19M | 38.64M | 98.42M | 20.02M | ||
| Total Current Liabilities | 92.96M | 140.95M | 528.34M | 518.46M | 138.87M | 114.34M |
| Long-Term Debt | 127.34M | 242.76M | 1.19B | 1.68B | ||
| Long-Term Leases | 12.60M | 15.21M | 18.51M | 18.06M | 13.38M | 12.45M |
| Other Long-Term Liabilities | 3.45M | 2.24M | 1.78M | 3.33M | 7.99M | 7.38M |
| Total Liabilities | 109.01M | 158.39M | 675.97M | 782.62M | 1.35B | 1.81B |
| Common Stock | 111.00K | 111.00K | 105.00K | 103.00K | 126.00K | 137.00K |
| Additional Paid-In Capital | 1.15B | 1.15B | 1.11B | 1.03B | 1.24B | 1.45B |
| Retained Earnings | -995.59M | -992.86M | -889.44M | -52.37M | -70.55M | -337.19M |
| Comprehensive Income & Other | -34.10M | -33.00M | -32.23M | -34.74M | -57.49M | -5.33M |
| Shareholders' Equity | 118.61M | 119.62M | 192.98M | 944.62M | 1.12B | 1.11B |
| Total Liabilities & Equity | 227.62M | 278.01M | 868.95M | 1.73B | 2.47B | 2.92B |
| Total Debt | 50.72M | 73.25M | 510.08M | 624.74M | 1.21B | 1.70B |
| Net Cash (Debt) | 21.59M | -429.00K | -194.36M | -294.72M | -151.84M | -151.41M |
| Net Cash Per Share | 0.20 | -0.00 | -1.88 | -2.29 | -1.01 | -1.07 |
| Filing Date Shares Outstanding | 111.03M | 111.80M | 105.11M | 102.95M | 126.55M | 134.85M |
| Total Common Shares Outstanding | 110.91M | 110.99M | 104.88M | 102.82M | 126.47M | 136.95M |
| Working Capital | 15.74M | -19.34M | -90.78M | -103.63M | 1.01B | 1.51B |
| Book Value Per Share | 1.07 | 1.08 | 1.84 | 9.19 | 8.83 | 8.08 |
| Tangible Book Value | 114.66M | 113.58M | 182.63M | 260.19M | 423.16M | 776.59M |
| Tangible Book Value Per Share | 1.03 | 1.02 | 1.74 | 2.53 | 3.35 | 5.67 |
| Machinery | 3.08M | 6.30M | 8.10M | 8.27M | 7.72M | |
| Leasehold Improvements | 2.83M | 8.21M | 10.86M | 10.86M | 19.91M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -53.00M | -103.42M | -837.07M | 18.18M | 266.64M | -1.46M |
| Depreciation & Amortization | 57.31M | 78.64M | 78.34M | 129.72M | 91.61M | 74.13M |
| Other Amortization | 135.00K | 500.00K | 2.15M | 3.16M | 5.17M | 5.92M |
| Loss (Gain) From Sale of Assets | -4.98M | 10.96M | ||||
| Asset Writedown & Restructuring Costs | 5.76M | 11.27M | 688.59M | 7.74M | 8.77M | 2.12M |
| Loss (Gain) From Sale of Investments | -5.00K | 5.25M | 27.00K | 2.11M | 9.68M | -12.32M |
| Stock-Based Compensation | 17.73M | 31.86M | 84.61M | 133.50M | 133.46M | 108.85M |
| Other Operating Activities | -6.82M | -1.43M | 130.32M | -47.50M | -260.12M | 90.14M |
| Change in Accounts Receivable | 7.14M | 8.44M | 7.77M | -7.80M | -3.75M | -5.00M |
| Change in Accounts Payable | -2.25M | -9.66M | -12.38M | 13.06M | -4.14M | 3.24M |
| Change in Unearned Revenue | -7.57M | -10.68M | -15.88M | -1.58M | 7.54M | 2.52M |
| Change in Other Net Operating Assets | -8.48M | 4.71M | -1.28M | -4.37M | 5.88M | -5.88M |
| Operating Cash Flow | 9.96M | 15.49M | 125.20M | 246.20M | 255.74M | 273.22M |
| Capital Expenditures | -16.93M | -28.12M | -74.95M | -83.05M | -106.91M | -105.11M |
| Sale of Property, Plant & Equipment | 9.79M | 6.00M | 8.71M | |||
| Cash Acquisitions | -401.12M | -7.89M | ||||
| Investment in Securities | 48.05M | 310.42M | 86.30M | 341.94M | 606.92M | -261.48M |
| Investing Cash Flow | 31.13M | 282.30M | 11.35M | 268.67M | 104.89M | -365.77M |
| Long-Term Debt Repaid | -424.85M | -96.52M | -505.99M | -401.20M | -300.76M | |
| Net Debt Issued (Repaid) | -27.81M | -424.85M | -96.52M | -505.99M | -401.20M | -300.76M |
| Issuance of Common Stock | 267.00K | 590.00K | 2.64M | 4.17M | 6.48M | 1.10B |
| Repurchase of Common Stock | -4.06M | -2.60M | -11.81M | -351.25M | -350.08M | -394.42M |
| Other Financing Activities | -1.62M | -1.62M | -3.45M | 297.00K | 61.55M | |
| Financing Cash Flow | -33.22M | -428.48M | -109.14M | -852.77M | -744.80M | 466.72M |
| Foreign Exchange Rate Adjustments | -1.20M | -256.00K | -1.02M | 21.00K | 4.14M | |
| Net Cash Flow | 6.68M | -130.95M | 26.38M | -337.88M | -380.04M | 374.18M |
| Free Cash Flow | -6.96M | -12.63M | 50.25M | 163.15M | 148.83M | 168.11M |
| Free Cash Flow Margin | -2.62% | -3.35% | 8.14% | 22.78% | 19.41% | 21.66% |
| Free Cash Flow Per Share | -0.06 | -0.12 | 0.49 | 1.27 | 0.99 | 1.19 |
| Levered Free Cash Flow | 50.04M | 52.28M | 39.04M | 170.39M | 138.85M | 93.59M |
| Unlevered Free Cash Flow | 49.99M | 52.15M | 38.51M | 169.59M | 137.46M | 91.98M |
| Cash Interest Paid | 224.00K | 449.00K | 741.00K | 875.00K | 1.05M | |
| Cash Income Tax Paid | 3.30M | 4.59M | 8.09M | 11.07M | 6.84M | 7.39M |
| Change in Working Capital | -11.15M | -7.19M | -21.77M | -701.00K | 5.52M | -5.12M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 78.02M | 101.62M | 167.93M | 1.32B | 3.17B | 4.45B |
| Enterprise Value | 56.42M | 88.27M | 437.62M | 1.67B | 3.43B | 4.39B |
| Last Close Price | 0.70 | 0.93 | 1.61 | 11.36 | 25.27 | 30.70 |
| PE Ratio | 72.37 | 11.89 | ||||
| Forward PE | 54.27 | 2.51 | 9.84 | 19.80 | 27.13 | |
| PS Ratio | 0.29 | 0.27 | 0.27 | 1.84 | 4.13 | 5.73 |
| PB Ratio | 0.66 | 0.85 | 0.87 | 1.39 | 2.84 | 4.02 |
| P/TBV Ratio | 0.68 | 0.90 | 0.92 | 5.06 | 7.49 | 5.73 |
| P/FCF Ratio | 3.34 | 8.06 | 21.30 | 26.47 | ||
| P/OCF Ratio | 7.83 | 6.56 | 1.34 | 5.34 | 12.40 | 16.29 |
| PEG Ratio | 0.19 | 0.08 | 0.49 | 0.79 | 1.09 | |
| EV/Sales Ratio | 0.21 | 0.23 | 0.71 | 2.34 | 4.47 | 5.65 |
| EV/EBITDA Ratio | 0.69 | 2.04 | 10.16 | 23.05 | 34.11 | 28.83 |
| EV/EBIT Ratio | 2.36 | 382.93 | 56.19 | |||
| EV/FCF Ratio | 8.71 | 10.26 | 23.05 | 26.11 | ||
| Debt / Equity Ratio | 0.43 | 0.61 | 2.64 | 0.66 | 1.08 | 1.53 |
| Debt / EBITDA Ratio | 0.60 | 1.52 | 10.09 | 7.79 | 11.21 | 10.65 |
| Debt / FCF Ratio | 10.15 | 3.83 | 8.13 | 10.10 | ||
| Net Debt / Equity Ratio | -0.18 | 0.00 | 1.01 | 0.31 | 0.14 | 0.14 |
| Net Debt / EBITDA Ratio | -0.27 | 0.01 | 4.51 | 4.06 | 1.51 | 0.99 |
| Net Debt / FCF Ratio | 3.10 | -0.03 | 3.87 | 1.81 | 1.02 | 0.90 |
| Asset Turnover | 0.84 | 0.66 | 0.48 | 0.34 | 0.28 | 0.30 |
| Quick Ratio | 0.89 | 0.64 | 0.75 | 0.70 | 7.79 | 13.68 |
| Current Ratio | 1.17 | 0.86 | 0.83 | 0.80 | 8.24 | 14.19 |
| Return on Equity (ROE) | -38.34% | -66.17% | -147.16% | 1.76% | 23.98% | -0.17% |
| Return on Assets (ROA) | 4.74% | -3.85% | -1.70% | -1.70% | 0.21% | 1.89% |
| Return on Invested Capital (ROIC) | 23.47% | -13.91% | -4.34% | -1.65% | 0.71% | -1.76% |
| Return on Capital Employed (ROCE) | 17.80% | -25.80% | -10.40% | -4.70% | 0.40% | 2.80% |
| Earnings Yield | -68.41% | -101.77% | -498.45% | 1.38% | 8.41% | -0.03% |
| FCF Yield | -8.92% | -12.43% | 29.92% | 12.40% | 4.69% | 3.78% |
| Buyback Yield / Dilution | -4.92% | -4.05% | 19.65% | 14.21% | -6.09% | -12.68% |