Chegg, Inc. (CHGG)

Chegg Income Statement

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

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

Updated Feb 24, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q