Chegg, Inc. (CHGG)

Chegg Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	506.58	617.57	716.3	766.9	776.27	644.34
Revenue Growth (YoY)	-25.87%	-13.78%	-6.60%	-1.21%	20.47%	56.80%
Cost of Revenue	154.86	174.07	225.93	197.4	254.9	205.42
Gross Profit	351.73	443.51	490.37	569.5	521.36	438.92
Selling, General & Admin	270.12	303.07	351.77	363.91	264.43	211.26
Research & Development	123.39	159.04	190.01	196.64	178.82	170.91
Operating Expenses	393.51	462.12	541.79	560.54	443.25	382.17
Operating Income	-41.78	-18.61	-51.42	8.96	78.11	56.75
Interest Expense	-1.8	-2.59	-3.77	-6.04	-6.9	-66.3
Interest & Investment Income	28.05	28.05	37.41	12.43	6.7	12.78
Currency Exchange Gain (Loss)	-	-	-	4.63	-	-
Other Non Operating Income (Expenses)	-10.94	0.01	0.58	0.13	-6.34	-0.12
EBT Excluding Unusual Items	-26.48	6.86	-17.2	20.1	71.57	3.12
Merger & Restructuring Charges	-72.58	-36.26	-5.7	-	-	-
Impairment of Goodwill	-195.69	-635.39	-	-	-	-
Gain (Loss) on Sale of Investments	4.51	3.76	-2.11	-9.68	12.32	0.31
Asset Writedown	-0.02	-41.85	-3.6	-	-	-
Legal Settlements	-	-	-7	-	-	-
Other Unusual Items	21.88	14.52	85.93	93.52	-78.15	-4.29
Pretax Income	-268.38	-688.37	50.31	103.95	5.74	-0.86
Income Tax Expense	3.53	148.7	32.13	-162.69	7.2	5.36
Net Income	-271.91	-837.07	18.18	266.64	-1.46	-6.22
Net Income to Common	-271.91	-837.07	18.18	266.64	-1.46	-6.22
Net Income Growth	-	-	-93.18%	-	-	-
Shares Outstanding (Basic)	105	103	117	128	141	125
Shares Outstanding (Diluted)	105	103	129	150	141	125
Shares Change (YoY)	-2.09%	-19.65%	-14.21%	6.09%	12.68%	5.17%
EPS (Basic)	-2.59	-8.10	0.16	2.09	-0.01	-0.05
EPS (Diluted)	-2.59	-8.10	-0.34	1.34	-0.01	-0.05
Free Cash Flow	32.32	50.25	163.15	148.83	168.11	96.56
Free Cash Flow Per Share	0.31	0.49	1.27	0.99	1.19	0.77
Gross Margin	69.43%	71.81%	68.46%	74.26%	67.16%	68.12%
Operating Margin	-8.25%	-3.01%	-7.18%	1.17%	10.06%	8.81%
Profit Margin	-53.67%	-135.54%	2.54%	34.77%	-0.19%	-0.97%
Free Cash Flow Margin	6.38%	8.14%	22.78%	19.41%	21.66%	14.99%
EBITDA	29.29	59.74	44.1	100.56	152.24	119.17
EBITDA Margin	5.78%	9.67%	6.16%	13.11%	19.61%	18.50%
D&A For EBITDA	71.07	78.34	95.52	91.61	74.13	62.42
EBIT	-41.78	-18.61	-51.42	8.96	78.11	56.75
EBIT Margin	-8.25%	-3.01%	-7.18%	1.17%	10.06%	8.81%
Effective Tax Rate	-	-	63.87%	-	125.41%	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q