Chegg, Inc financial data

Symbol
CHGG on NYSE
Industry
Services-Educational Services
Location
3990 Freedom Circle, Santa Clara, CA
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 5, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 100 % -82.6%
Debt-to-equity 92.9 % -21.7%
Return On Equity -75.8 % -384%
Return On Assets -39.3 % -422%
Operating Margin -77.9 % -2043%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 104M shares -10.1%
Common Stock, Shares, Outstanding 103M shares -10.3%
Entity Public Float 999M USD -57%
Common Stock, Value, Issued 103K USD -10.4%
Weighted Average Number of Shares Outstanding, Basic 103M shares -13%
Weighted Average Number of Shares Outstanding, Diluted 103M shares -22.8%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 683M USD -7.71%
Cost of Revenue 221M USD +14.5%
Research and Development Expense 180M USD -6.01%
Selling and Marketing Expense 113M USD -18.4%
General and Administrative Expense 220M USD -10.1%
Operating Income (Loss) -532M USD -1878%
Nonoperating Income (Expense) 60.8M USD -62.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -471M USD -444%
Income Tax Expense (Benefit) 156M USD +603%
Net Income (Loss) Attributable to Parent -627M USD -324%
Earnings Per Share, Basic -6.09 USD/shares -374%
Earnings Per Share, Diluted -6.27 USD/shares -645%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 133M USD -24.1%
Accounts Receivable, after Allowance for Credit Loss, Current 21M USD +1.42%
Other Assets, Current 36.3M USD +62.2%
Assets, Current 434M USD -2.95%
Deferred Income Tax Assets, Net 2.29M USD -98.4%
Property, Plant and Equipment, Net 179M USD -9.6%
Operating Lease, Right-of-Use Asset 21.5M USD -23.9%
Intangible Assets, Net (Excluding Goodwill) 12.8M USD -81%
Goodwill 190M USD -69.9%
Other Assets, Noncurrent 15.2M USD -46.8%
Assets 1.11B USD -43.4%
Accounts Payable, Current 14.4M USD +11.3%
Accrued Liabilities, Current 68M USD -11.3%
Contract with Customer, Liability, Current 45M USD -15.4%
Liabilities, Current 485M USD +240%
Operating Lease, Liability, Noncurrent 15.6M USD -26.6%
Other Liabilities, Noncurrent 4.87M USD +101%
Liabilities 749M USD -19.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax -39.9M USD +7.56%
Retained Earnings (Accumulated Deficit) -671M USD -1433%
Stockholders' Equity Attributable to Parent 366M USD -64.7%
Liabilities and Equity 1.11B USD -43.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 53.3M USD -27.1%
Net Cash Provided by (Used in) Financing Activities -4.29M USD +97.3%
Net Cash Provided by (Used in) Investing Activities -40.8M USD +61.8%
Common Stock, Shares Authorized 400M shares 0%
Common Stock, Shares, Issued 103M shares -10.3%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 7.98M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 135M USD -23.7%
Interest Paid, Excluding Capitalized Interest, Operating Activities 224K USD -48.7%
Deferred Tax Assets, Valuation Allowance 40.2M USD +11.2%
Deferred Tax Assets, Gross 195M USD -14%
Operating Lease, Liability 24.9M USD +19.1%
Payments to Acquire Property, Plant, and Equipment 28M USD +63.2%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -624M USD -304%
Lessee, Operating Lease, Liability, to be Paid 28M USD +24.2%
Property, Plant and Equipment, Gross 440M USD
Operating Lease, Liability, Current 7.49M USD +12.4%
Lessee, Operating Lease, Liability, to be Paid, Year Two 6.61M USD +35.8%
Lessee, Operating Lease, Liability, to be Paid, Year One 8.08M USD +4.54%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure +19.2%
Deferred Income Tax Expense (Benefit) 2.88M USD -16.4%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 3.12M USD +85.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three 5.92M USD +74.2%
Deferred Tax Assets, Operating Loss Carryforwards 92.3M USD -37.4%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10M shares 0%
Unrecognized Tax Benefits 12.4M USD -26.9%
Lessee, Operating Lease, Liability, to be Paid, Year Four 5.5M USD +68.8%
Operating Lease, Payments 2.22M USD -22.7%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 19.7M USD -22.9%
Deferred Tax Assets, Net of Valuation Allowance 155M USD -18.7%
Share-based Payment Arrangement, Expense 111M USD -20%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%