Chegg Inc
NYSE:CHGG
Income Statement
Earnings Waterfall
Chegg Inc
Revenue
|
716.3m
USD
|
Cost of Revenue
|
-223.3m
USD
|
Gross Profit
|
493m
USD
|
Operating Expenses
|
-554.5m
USD
|
Operating Income
|
-61.5m
USD
|
Other Expenses
|
79.7m
USD
|
Net Income
|
18.2m
USD
|
Income Statement
Chegg Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
256
N/A
|
269
+5%
|
278
+3%
|
298
+7%
|
305
+2%
|
315
+3%
|
318
+1%
|
318
0%
|
301
-5%
|
283
-6%
|
269
-5%
|
259
-4%
|
254
-2%
|
250
-2%
|
253
+1%
|
245
-3%
|
255
+4%
|
269
+6%
|
287
+7%
|
299
+4%
|
321
+7%
|
342
+6%
|
361
+6%
|
381
+6%
|
411
+8%
|
445
+8%
|
504
+13%
|
564
+12%
|
644
+14%
|
711
+10%
|
757
+6%
|
775
+2%
|
776
+0%
|
780
+0%
|
776
0%
|
769
-1%
|
767
0%
|
752
-2%
|
740
-2%
|
734
-1%
|
716
-2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(175)
|
(191)
|
(200)
|
(210)
|
(211)
|
(211)
|
(209)
|
(202)
|
(190)
|
(163)
|
(148)
|
(125)
|
(120)
|
(102)
|
(98)
|
(81)
|
(80)
|
(79)
|
(80)
|
(77)
|
(80)
|
(83)
|
(86)
|
(88)
|
(92)
|
(111)
|
(134)
|
(175)
|
(205)
|
(234)
|
(252)
|
(256)
|
(255)
|
(239)
|
(224)
|
(202)
|
(197)
|
(192)
|
(193)
|
(229)
|
(223)
|
|
Gross Profit |
81
N/A
|
78
-3%
|
78
-1%
|
88
+13%
|
94
+7%
|
104
+11%
|
109
+5%
|
116
+6%
|
112
-4%
|
120
+8%
|
121
+1%
|
134
+11%
|
135
+1%
|
148
+10%
|
156
+5%
|
163
+5%
|
175
+7%
|
190
+9%
|
208
+9%
|
222
+7%
|
241
+9%
|
258
+7%
|
275
+7%
|
293
+6%
|
319
+9%
|
334
+5%
|
370
+11%
|
390
+5%
|
439
+13%
|
477
+9%
|
505
+6%
|
518
+3%
|
521
+1%
|
542
+4%
|
553
+2%
|
568
+3%
|
570
+0%
|
561
-2%
|
547
-2%
|
505
-8%
|
493
-2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(133)
|
(139)
|
(150)
|
(167)
|
(163)
|
(176)
|
(177)
|
(173)
|
(169)
|
(163)
|
(168)
|
(170)
|
(176)
|
(182)
|
(184)
|
(190)
|
(198)
|
(206)
|
(219)
|
(232)
|
(247)
|
(263)
|
(272)
|
(284)
|
(301)
|
(312)
|
(329)
|
(352)
|
(369)
|
(393)
|
(412)
|
(417)
|
(438)
|
(469)
|
(504)
|
(531)
|
(555)
|
(468)
|
(572)
|
(570)
|
(554)
|
|
Selling, General & Administrative |
(91)
|
(95)
|
(104)
|
(118)
|
(114)
|
(122)
|
(121)
|
(115)
|
(109)
|
(103)
|
(105)
|
(106)
|
(109)
|
(114)
|
(112)
|
(114)
|
(116)
|
(118)
|
(124)
|
(128)
|
(132)
|
(141)
|
(145)
|
(150)
|
(161)
|
(165)
|
(175)
|
(190)
|
(198)
|
(216)
|
(233)
|
(239)
|
(259)
|
(284)
|
(308)
|
(333)
|
(358)
|
(365)
|
(381)
|
(378)
|
(363)
|
|
Research & Development |
(42)
|
(44)
|
(46)
|
(50)
|
(49)
|
(54)
|
(55)
|
(58)
|
(59)
|
(60)
|
(63)
|
(64)
|
(66)
|
(69)
|
(73)
|
(76)
|
(82)
|
(88)
|
(94)
|
(104)
|
(114)
|
(121)
|
(127)
|
(135)
|
(140)
|
(147)
|
(155)
|
(163)
|
(171)
|
(177)
|
(179)
|
(178)
|
(179)
|
(185)
|
(196)
|
(198)
|
(197)
|
(191)
|
(192)
|
(192)
|
(192)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
88
|
0
|
0
|
0
|
|
Operating Income |
(52)
N/A
|
(61)
-17%
|
(72)
-19%
|
(80)
-10%
|
(69)
+13%
|
(72)
-4%
|
(67)
+6%
|
(57)
+15%
|
(57)
0%
|
(44)
+24%
|
(47)
-9%
|
(36)
+25%
|
(41)
-15%
|
(34)
+17%
|
(29)
+16%
|
(27)
+6%
|
(23)
+16%
|
(16)
+31%
|
(11)
+29%
|
(11)
+6%
|
(6)
+47%
|
(4)
+23%
|
3
N/A
|
9
+166%
|
18
+111%
|
22
+23%
|
41
+83%
|
38
-7%
|
70
+85%
|
83
+19%
|
93
+12%
|
101
+9%
|
84
-17%
|
73
-13%
|
49
-33%
|
37
-24%
|
15
-60%
|
93
+526%
|
(25)
N/A
|
(65)
-161%
|
(62)
+6%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(4)
|
(3)
|
(2)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
0
|
(4)
|
(8)
|
(11)
|
(16)
|
(25)
|
(35)
|
(45)
|
(54)
|
(54)
|
(58)
|
(66)
|
(55)
|
(41)
|
(17)
|
5
|
11
|
12
|
7
|
1
|
7
|
16
|
21
|
32
|
|
Non-Reccuring Items |
1
|
1
|
4
|
3
|
4
|
4
|
(1)
|
(2)
|
(1)
|
(1)
|
4
|
1
|
1
|
4
|
2
|
4
|
4
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(3)
|
(16)
|
(17)
|
(96)
|
(93)
|
(79)
|
(84)
|
(6)
|
(9)
|
84
|
88
|
0
|
146
|
78
|
80
|
|
Total Other Income |
(0)
|
0
|
1
|
4
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
1
|
1
|
2
|
3
|
4
|
5
|
9
|
16
|
20
|
24
|
22
|
16
|
13
|
9
|
6
|
3
|
1
|
0
|
(0)
|
(0)
|
0
|
1
|
1
|
1
|
1
|
|
Pre-Tax Income |
(55)
N/A
|
(63)
-14%
|
(70)
-10%
|
(73)
-4%
|
(65)
+11%
|
(67)
-4%
|
(67)
0%
|
(59)
+12%
|
(58)
+2%
|
(45)
+22%
|
(44)
+3%
|
(35)
+19%
|
(41)
-15%
|
(31)
+23%
|
(28)
+10%
|
(23)
+17%
|
(19)
+20%
|
(15)
+20%
|
(13)
+12%
|
(15)
-16%
|
(14)
+11%
|
(15)
-12%
|
(13)
+14%
|
(11)
+16%
|
(7)
+36%
|
(9)
-21%
|
5
N/A
|
(20)
N/A
|
(1)
+96%
|
(58)
-6 356%
|
(35)
+40%
|
9
N/A
|
6
-33%
|
78
+1 270%
|
51
-35%
|
128
+152%
|
104
-19%
|
100
-3%
|
137
+37%
|
35
-75%
|
50
+45%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1)
|
(1)
|
1
|
1
|
(0)
|
(0)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(5)
|
(8)
|
(9)
|
(8)
|
(7)
|
(9)
|
(6)
|
162
|
163
|
163
|
143
|
(24)
|
(32)
|
|
Income from Continuing Operations |
(56)
|
(64)
|
(69)
|
(72)
|
(65)
|
(67)
|
(69)
|
(61)
|
(59)
|
(46)
|
(45)
|
(37)
|
(42)
|
(33)
|
(30)
|
(25)
|
(21)
|
(17)
|
(15)
|
(17)
|
(15)
|
(17)
|
(15)
|
(13)
|
(10)
|
(11)
|
2
|
(24)
|
(6)
|
(66)
|
(44)
|
0
|
(2)
|
70
|
44
|
289
|
267
|
263
|
280
|
10
|
18
|
|
Net Income (Common) |
(159)
N/A
|
(167)
-5%
|
(171)
-3%
|
(174)
-2%
|
(65)
+63%
|
(67)
-4%
|
(69)
-3%
|
(61)
+12%
|
(59)
+3%
|
(46)
+22%
|
(45)
+2%
|
(37)
+18%
|
(42)
-13%
|
(33)
+22%
|
(30)
+9%
|
(25)
+15%
|
(20)
+20%
|
(16)
+19%
|
(14)
+13%
|
(17)
-15%
|
(15)
+10%
|
(17)
-11%
|
(15)
+11%
|
(13)
+15%
|
(10)
+23%
|
(11)
-15%
|
2
N/A
|
(24)
N/A
|
(6)
+74%
|
(66)
-960%
|
(44)
+34%
|
0
N/A
|
(2)
N/A
|
70
N/A
|
44
-36%
|
289
+554%
|
267
-8%
|
263
-1%
|
280
+6%
|
10
-96%
|
18
+75%
|
|
EPS (Diluted) |
-1.84
N/A
|
-2.02
-10%
|
-2.05
-1%
|
-2.08
-1%
|
-0.78
+63%
|
-0.81
-4%
|
-0.79
+2%
|
-0.69
+13%
|
-0.68
+1%
|
-0.54
+21%
|
-0.52
+4%
|
-0.42
+19%
|
-0.47
-12%
|
-0.37
+21%
|
-0.33
+11%
|
-0.26
+21%
|
-0.2
+23%
|
-0.16
+20%
|
-0.13
+19%
|
-0.14
-8%
|
-0.13
+7%
|
-0.14
-8%
|
-0.13
+7%
|
-0.11
+15%
|
-0.08
+27%
|
-0.1
-25%
|
0
N/A
|
-0.19
N/A
|
-0.05
+74%
|
-0.5
-900%
|
-0.25
+50%
|
0
N/A
|
-0.01
N/A
|
0.52
N/A
|
0.29
-44%
|
1.97
+579%
|
1.78
-10%
|
2.11
+19%
|
2.1
0%
|
0.09
-96%
|
0.14
+56%
|