Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Research and Development

Sales and Marketing

General and Administrative

Impairment expense

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Chegg

Chegg, Inc. operates a learning platform for students. It intends to empower students to take control of their education and help the students study, college admissions exams, accomplish their goals, get grades and test scores. The firm offers required and non-required scholastic materials including textbooks in any format, access to online homework help and textbook solutions, course organization and scheduling, college and university matching tools and scholarship connections. Its services include Chegg study, writing, tutors and math solver. The company was founded by Osman Rashid and Aayush Phumbhra on July 29, 2005 and is headquartered in Santa Clara, CA.

Earnings data Q1 2021

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

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Earnings data Q1 2024

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Earnings data Q4 2024

Chegg exceeds Q4 expectations, eyes global expansion and pricing evolution

Chegg's Q4 2022 performance showcased strong financial results, strategic investments in technology, and a positive outlook for future growth.
The company's strengths lie in pricing power, customer retention, ESG recognition, and a focus on enhancing user experience through AI and global expansion.
Challenges include pricing strategy changes, managing costs amidst investments, and potential market competition, requiring careful navigation for sustained success.
Opportunities for Chegg include exploring new subscription models, global expansion, AI enhancements, and evolving the pricing matrix to drive revenue and profitability.

Chegg surpasses Q1 expectations, focuses on AI and global growth

Chegg's Q1 performance exceeded expectations, driven by strong revenue and EBITDA figures. The company's strategic strengths lie in AI investments, personalized tools, and global accessibility. Challenges include cautious outlook and expense management, while opportunities exist in high-margin businesses and personalized learning offerings.

Chegg surpasses Q2 expectations, focuses on AI and global growth

Chegg's Q2 2023 performance exceeded expectations, with strong revenue and subscriber growth.
The focus on AI, partnerships, and community-building showcases Chegg's commitment to enhancing student experiences.
While facing challenges in net income and market differentiation, Chegg is well-positioned to capitalize on opportunities in AI, global expansion, and engagement.

Chegg surpasses Q3 expectations, eyes AI-driven growth opportunities

Chegg's strong Q3 performance, AI investments, and international growth highlight its market resilience.
The company's focus on bespoke content, partnerships, and marketing strategies strengthens its competitive edge.
Challenges in internal restructuring and pricing strategies require careful navigation for sustained growth.
Opportunities in expanding Skills offerings, AI tools development, and premium services can drive future revenue growth.

Chegg excels in Q4 with AI focus and global expansion

Chegg's Q4 performance exceeded expectations, with a focus on leveraging AI and expanding globally.
The company's strengths lie in AI-driven capabilities, personalized student experiences, and financial robustness.
Challenges include maintaining answer quality, customer retention, and resource allocation for AI initiatives.
Opportunities for Chegg include further AI expansion, targeting new customers, and revenue growth through AI advancements.

Chegg reports robust Q1 earnings, eyes AI growth and global expansion

Chegg's Q1 performance showcased strong financial results and a strategic focus on AI-driven growth under new leadership.
The company's strengths lie in its AI platform's success, ongoing investments in AI, and strategic pricing adjustments driving growth.
Challenges include scaling AI capabilities, navigating pricing tests, and expanding internationally, while opportunities exist in AI innovation, pricing optimization, and global market expansion.

Chegg surpasses Q2 expectations, eyes global growth with AI

Chegg's Q2 performance exceeded expectations, showcasing strong financials and operational trends.
The company's focus on AI-driven personalized learning and international expansion highlights strategic strengths.
While facing challenges in Q2, Chegg's planned marketing initiatives and localization efforts present growth opportunities.
Overall, Chegg's innovative approach and strategic roadmap position it well for future success in the education sector.

Chegg reports Q3 earnings, announces restructuring amid AI challenges

Chegg's Q3 performance reflects revenue and EBITDA figures, with a restructuring plan to address industry challenges and drive cost savings.
Despite revenue decline and legal matters, Chegg's commitment to student-focused services and stable subscription revenue highlights resilience.
The company faces challenges from AI advancements and must navigate market dynamics while seeking opportunities for innovation and growth.

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Cost of revenue

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Operating income

EBITDA

Net income

Earnings per share

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Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Chegg, Inc. engages in providing support and a learning platform for students. Its services include Chegg Study Pack, Chegg Study, Chegg Writing, Chegg Math, Busuu offerings, Chegg Skills, advertising services, print textbooks, and eTextbooks offerings. The company was founded by Osman Rashid and Aayush Phumbhra on July 29, 2005 and is headquartered in Santa Clara, CA.

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Chegg (CHGG) launches a new AI-enhanced learning service, CheggMate, in collaboration with OpenAI.

Chegg (CHGG) Advances Learning Platform, Unveils CheggMate

The artificial intelligence behind ChatGPT, the homework-drafting chatbot that some schools have banned, is coming to more students via the company Chegg Inc.

ChatGPT's AI to power Chegg study buddy as educators wrestle with tech

SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG), the leading student-first connected learning platform, today announced CheggMate, a new AI enhanced learning service built with OpenAI's most advanced model, GPT-4.

Chegg announces CheggMate, the new AI companion, built with GPT-4

SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE: CHGG), the leading student-first connected learning platform, announced today that it is scheduled to release its earnings results for the first quarter of 2023, which ended March 31, 2023, on Monday, May 1, 2023, after the market close. Chegg will host a conference call to discuss the first quarter financial results at 1:30 p.m. Pacific Daylight Time (4:30 p.m. Eastern Daylight Time) on the same day.

Chegg to Announce First Quarter 2023 Financial Results

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Chegg Inc, a Santa Clara-based connected learning platform, announced that it has entered into an accelerated share repurchase agreement (ASR) with JP Morgan Chase Bank, National Association to repurchase $150 million of its stock. The announcement comes about two weeks after Chegg's stock came under pressure following its latest quarterly earnings, which fell more than 20% on a below-consensus outlook for 2023, and amid investor concerns about the impact of artificial intelligence (AI) tools such as ChatGPT on the education platform.

Chegg announces $150M accelerated share repurchase amid investor concern over ChatGPT's impact on learning platform

Education company Chegg Inc. CHGG, +0.38% said Friday it has entered a new $150 million accelerated share repurchase agreement with JP Morgan and National Association. Under the terms of the deal, Chegg will make an initial payment of $150 million to the two parties and receive an initial delivery of about 7.6 million shares by Feb.

Chegg enters $150 million accelerated share repurchase agreement with JPMorgan and National Association

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Chegg (NYSE: CHGG) has helped college students ace their courses for several years, often with little to no actual work. Chegg's massive homework and exam answers database has become indispensable for many students who have grown accustomed to doing little homework.

Chegg Faces a New Threat With the Rise of ChatGPT

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Lower-than-expected guidance sent the stock tumbling.

Why Chegg Stock Plunged 20% This Week

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Chegg: Ethical, Irreplicable, And Extremely Undervalued

The company is seeing lower top-line growth due to inflation and other headwinds in the higher education market.

Why Chegg Stock Was Down Today

"We believe AI will have a significant effect on human capabilities and humanity overall. But AI and machine learning models are not new to Chegg"

Chegg plunges 23% as it shrugs off the threat of ChatGPT after giving disappointing 2023 outlook

Stocks are supposed to go up after an earnings beat, right? Not always, as Chegg (NYSE: CHGG ) stock is tanking today.

Chegg (CHGG) Stock Sinks 20% on Weak Guidance, Analyst Downgrade

Chegg Inc  (NYSE:CHGG) is down 21.1% to at $16.60 at last check, after the education tech name's 2023 net revenue forecast came in below estimates, while current-quarter revenue expectations missed the mark as well.

Put Traders, Analysts Blast Sinking Chegg Stock

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Chegg Stock Falls 20% on Weak Guidance. It Also Gets a Downgrade.

Bed Bath & Beyond launches an equity offering to raise more than $1 billion to repay debt; Chegg tumbles after issuing revenue guidance for the first quarter and full year below analysts' expectations.

Bed Bath, Chegg, Oak Street, BP, and More Market Movers

Chegg, Inc. (NYSE:CHGG ) Q4 2022 Results Conference Call February 6, 2023 4:30 PM ET Company Participants Tracey Ford - Vice President of Investor Relations & ESG Dan Rosensweig - Co-Chairperson & Chief Executive Officer Andy Brown - Chief Financial Officer Conference Call Participants Jeff Silber - BMO Capital Markets Bryan Smilek - JP Morgan Stephen Sheldon - William Blair Josh Baer - Morgan Stanley Ryan MacDonald - Needham & Company Mike Grondahl - Northland Securities Jason Celino - KeyBanc Capital Markets Dave Lustberg - Jefferies Eric Sheridan - Goldman Sachs Operator Thank you for standing by. This is the conference operator.

Chegg, Inc. (CHGG) Q4 2022 Earnings Call Transcript

Chegg (CHGG) delivered earnings and revenue surprises of 2.56% and 1.77%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Chegg (CHGG) Q4 Earnings and Revenues Surpass Estimates

Chegg Inc. CHGG, -1.45% shares sank more than 20% in after-hours trading Monday after executives guided for a second consecutive year of shrinking sales. The online-education company reported fourth-quarter earnings of $1.9 million, or a penny a share, on sales of $205.2 million, down from $207.5 million a year ago.

Chegg stock dives more than 20% as forecast calls for another year of shrinking sales

SANTA CLARA, Calif.--( BUSINESS WIRE )--Chegg, Inc. (NYSE:CHGG), the leading student-first connected learning platform, today reported financial results for the three and twelve months ended December 31, 2022.

Chegg Reports 2022 Earnings and Gives 2023 Guidance

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News for Chegg Stock (CHGG)