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Chegg Inc
Previous close
$0.82
Day range
$0.80 - $0.90
Year range
$0.44 - $4.56
Market cap
95.35M USD
Avg Volume
2.49M
P/E ratio
-
Dividend yield
-
Primary exchange
NYSE
In the news
Financials
Income Statement
Revenue
Net income
(USD) | Mar 2025info | Y/Y change |
---|---|---|
Revenue | 121.39M | -30.38% |
Operating expense | 91.50M | -29.80% |
Net income | -17.48M | -1,131.27% |
Net profit margin | -14.40 | -1,677.78% |
Earnings per share | -0.06 | -123.08% |
EBITDA | 24.21M | 40.80% |
Effective tax rate | -6.14% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Mar 2025info | Y/Y change |
---|---|---|
Cash and short-term investments | 88.29M | -77.40% |
Total assets | 438.77M | -74.68% |
Total liabilities | 253.10M | -67.09% |
Total equity | 185.67M | — |
Shares outstanding | 106.57M | — |
Price to book | 0.46 | — |
Return on assets | -3.01% | — |
Return on capital | -4.05% | — |
Cash Flow
Net change in cash
(USD) | Mar 2025info | Y/Y change |
---|---|---|
Net income | -17.48M | -1,131.27% |
Cash from operations | 24.53M | -54.00% |
Cash from investing | 274.91M | 773.58% |
Cash from financing | -416.96M | -9,610.32% |
Net change in cash | -117.30M | -1,569.23% |
Free cash flow | 32.65M | 45.99% |
About
Chegg, Inc., is an American education technology company based in Santa Clara, California. It provides homework help, digital and physical textbook rentals, textbooks, online tutoring, and other student services.
The company was launched in 2006, and began trading publicly on the New York Stock Exchange in November 2013. As of March 2020, the company reported having 2.9 million subscribers to Chegg Services. The services provided by Chegg have been controversial because there have been reports of student cheating using Chegg services.
In October 2000, Iowa State University students Josh Carlson, Mike Seager, and Mark Fiddleke launched Chegg's forerunner, Cheggpost, a Craigslist-style message board for Iowa State students. Chegg is a combination of the words chicken and egg, and references the founders’ catch-22 feeling of being unable to obtain a job without experience, while being unable to acquire experience without a job.
Carlson then teamed with Iowa State MBA Osman Rashid, an avid user of the site who recognized its potential to disrupt the textbook market, which had "drastically outpaced the rate of inflation". Wikipedia
Founded
Jul 2006
Headquarters
Website
Employees
1,256