Chegg Historical Income Statement

CHGG Stock

USD 2.11 0.19 8.26%

Historical analysis of Chegg income statement accounts such as Interest Expense of 3.6 M, Selling General Administrative of 251.8 M or Selling And Marketing Expenses of 76.7 M can show how well Chegg Inc performed in making a profits. Evaluating Chegg income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Chegg's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Chegg Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Chegg Inc is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chegg Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

About Chegg Income Statement Analysis

Chegg Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Chegg shareholders. The income statement also shows Chegg investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Chegg Income Statement Chart

At this time, Chegg's Total Other Income Expense Net is most likely to increase significantly in the upcoming years. The Chegg's current Net Income is estimated to increase to about 86.6 M, while Interest Expense is projected to decrease to roughly 3.6 M.

Selling General Administrative Total Revenue Gross Profit Total Other Income Expense Net

Total Revenue

Total revenue comprises all receipts Chegg Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Chegg Inc minus its cost of goods sold. It is profit before Chegg operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most accounts from Chegg's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Chegg Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chegg Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

	2021	2022	2023	2024 (projected)
Interest Expense	6.9M	6.0M	3.8M	3.6M
Depreciation And Amortization	74.1M	91.6M	129.7M	66.9M

Interest Expense Depreciation And Amortization

Chegg income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Research Development	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Net Income From Continuing Ops	Non Recurring	Non Operating Income Net Other	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		-0.15	0.51	0.63	0.54	0.4	0.51	-0.09	-0.29	0.35	-0.09	0.8	0.32	0.41	0.5	0.44	-0.42	0.3	0.1	0.48	-0.18	0.2	0.38	0.73	-0.35
Interest Expense	-0.15		0.12	0.08	0.32	0.38	0.28	0.57	0.81	0.42	0.61	0.0	0.35	0.12	-0.44	0.0	0.13	0.07	-0.36	-0.06	0.06	0.31	-0.87	0.11	0.14
Selling General Administrative	0.51	0.12		0.83	0.83	0.83	0.79	0.28	0.11	0.83	-0.1	0.49	0.78	0.9	0.6	0.79	-0.57	0.66	-0.71	0.73	-0.24	0.7	0.24	0.9	-0.7
Selling And Marketing Expenses	0.63	0.08	0.83		0.93	0.89	0.94	0.45	0.18	0.87	0.17	0.67	0.9	0.78	0.42	0.79	-0.7	0.79	-0.56	0.52	-0.53	0.41	0.08	0.87	-0.26
Total Revenue	0.54	0.32	0.83	0.93		0.98	0.98	0.54	0.42	0.95	0.34	0.68	0.94	0.76	0.18	0.68	-0.51	0.68	-0.66	0.35	-0.36	0.43	-0.13	0.88	-0.23
Gross Profit	0.4	0.38	0.83	0.89	0.98		0.94	0.64	0.52	0.99	0.37	0.51	0.97	0.82	0.17	0.72	-0.53	0.73	-0.77	0.37	-0.4	0.5	-0.19	0.85	-0.2
Other Operating Expenses	0.51	0.28	0.79	0.94	0.98	0.94		0.59	0.42	0.91	0.41	0.71	0.96	0.74	0.16	0.7	-0.58	0.74	-0.61	0.32	-0.48	0.35	-0.15	0.8	-0.17
Operating Income	-0.09	0.57	0.28	0.45	0.54	0.64	0.59		0.88	0.61	0.84	0.01	0.73	0.53	-0.21	0.57	-0.55	0.74	-0.47	0.03	-0.71	0.11	-0.66	0.25	0.36
Ebit	-0.29	0.81	0.11	0.18	0.42	0.52	0.42	0.88		0.53	0.85	-0.1	0.55	0.28	-0.53	0.2	-0.1	0.37	-0.47	-0.23	-0.3	0.12	-0.86	0.1	0.4
Research Development	0.35	0.42	0.83	0.87	0.95	0.99	0.91	0.61	0.53		0.32	0.44	0.95	0.79	0.18	0.68	-0.48	0.69	-0.81	0.39	-0.33	0.57	-0.22	0.83	-0.23
Ebitda	-0.09	0.61	-0.1	0.17	0.34	0.37	0.41	0.84	0.85	0.32		0.13	0.46	0.1	-0.6	0.15	-0.2	0.36	-0.09	-0.4	-0.49	-0.22	-0.82	-0.03	0.62
Cost Of Revenue	0.8	0.0	0.49	0.67	0.68	0.51	0.71	0.01	-0.1	0.44	0.13		0.48	0.28	0.14	0.28	-0.25	0.24	-0.04	0.15	-0.11	0.03	0.13	0.63	-0.22
Total Operating Expenses	0.32	0.35	0.78	0.9	0.94	0.97	0.96	0.73	0.55	0.95	0.46	0.48		0.8	0.15	0.76	-0.63	0.82	-0.74	0.34	-0.55	0.42	-0.24	0.74	-0.12
Income Before Tax	0.41	0.12	0.9	0.78	0.76	0.82	0.74	0.53	0.28	0.79	0.1	0.28	0.8		0.61	0.95	-0.79	0.86	-0.68	0.74	-0.53	0.6	0.15	0.83	-0.5
Total Other Income Expense Net	0.5	-0.44	0.6	0.42	0.18	0.17	0.16	-0.21	-0.53	0.18	-0.6	0.14	0.15	0.61		0.65	-0.62	0.44	-0.16	0.92	-0.26	0.42	0.73	0.53	-0.73
Net Income	0.44	0.0	0.79	0.79	0.68	0.72	0.7	0.57	0.2	0.68	0.15	0.28	0.76	0.95	0.65		-0.94	0.95	-0.52	0.74	-0.74	0.44	0.17	0.73	-0.37
Income Tax Expense	-0.42	0.13	-0.57	-0.7	-0.51	-0.53	-0.58	-0.55	-0.1	-0.48	-0.2	-0.25	-0.63	-0.79	-0.62	-0.94		-0.94	0.28	-0.65	0.9	-0.21	-0.17	-0.54	0.16
Net Income From Continuing Ops	0.3	0.07	0.66	0.79	0.68	0.73	0.74	0.74	0.37	0.69	0.36	0.24	0.82	0.86	0.44	0.95	-0.94		-0.52	0.55	-0.88	0.29	-0.03	0.6	-0.1
Non Recurring	0.1	-0.36	-0.71	-0.56	-0.66	-0.77	-0.61	-0.47	-0.47	-0.81	-0.09	-0.04	-0.74	-0.68	-0.16	-0.52	0.28	-0.52		-0.34	0.14	-0.57	0.16	-0.58	0.32
Non Operating Income Net Other	0.48	-0.06	0.73	0.52	0.35	0.37	0.32	0.03	-0.23	0.39	-0.4	0.15	0.34	0.74	0.92	0.74	-0.65	0.55	-0.34		-0.29	0.65	0.42	0.64	-0.74
Tax Provision	-0.18	0.06	-0.24	-0.53	-0.36	-0.4	-0.48	-0.71	-0.3	-0.33	-0.49	-0.11	-0.55	-0.53	-0.26	-0.74	0.9	-0.88	0.14	-0.29		0.09	0.11	-0.23	-0.27
Interest Income	0.2	0.31	0.7	0.41	0.43	0.5	0.35	0.11	0.12	0.57	-0.22	0.03	0.42	0.6	0.42	0.44	-0.21	0.29	-0.57	0.65	0.09		0.07	0.56	-0.64
Net Interest Income	0.38	-0.87	0.24	0.08	-0.13	-0.19	-0.15	-0.66	-0.86	-0.22	-0.82	0.13	-0.24	0.15	0.73	0.17	-0.17	-0.03	0.16	0.42	0.11	0.07		0.22	-0.58
Reconciled Depreciation	0.73	0.11	0.9	0.87	0.88	0.85	0.8	0.25	0.1	0.83	-0.03	0.63	0.74	0.83	0.53	0.73	-0.54	0.6	-0.58	0.64	-0.23	0.56	0.22		-0.51
Extraordinary Items	-0.35	0.14	-0.7	-0.26	-0.23	-0.2	-0.17	0.36	0.4	-0.23	0.62	-0.22	-0.12	-0.5	-0.73	-0.37	0.16	-0.1	0.32	-0.74	-0.27	-0.64	-0.58	-0.51

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Chegg Account Relationship Matchups

Chegg income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	30.2M	62.4M	74.1M	91.6M	129.7M	66.9M
Interest Expense	44.9M	66.3M	6.9M	6.0M	3.8M	3.6M
Selling General Administrative	97.5M	129.3M	159.0M	216.2M	239.8M	251.8M
Selling And Marketing Expenses	63.6M	81.9M	105.4M	147.7M	126.6M	76.7M
Total Revenue	410.9M	644.3M	776.3M	766.9M	716.3M	435.4M
Gross Profit	318.7M	438.9M	521.4M	569.5M	490.4M	261.1M
Other Operating Expenses	393.0M	587.6M	698.2M	757.9M	558.1M	438.0M
Operating Income	38.0M	56.8M	12.6M	110.0M	(67.7M)	(64.3M)
Ebit	38.0M	65.4M	12.6M	14.2M	(67.7M)	(64.3M)
Research Development	139.8M	170.9M	178.8M	196.6M	191.7M	108.3M
Ebitda	68.2M	127.9M	86.8M	105.8M	(67.7M)	(64.3M)
Cost Of Revenue	92.2M	205.4M	254.9M	197.4M	225.9M	174.3M
Total Operating Expenses	300.8M	382.2M	443.3M	560.5M	332.1M	263.7M
Income Before Tax	(7.0M)	(861K)	5.7M	103.9M	50.3M	52.8M
Total Other Income Expense Net	(44.9M)	(57.6M)	(72.4M)	95.0M	118.0M	123.9M
Net Income	(9.6M)	(6.2M)	(1.5M)	266.6M	82.4M	86.6M
Income Tax Expense	2.6M	5.4M	7.2M	(162.7M)	(32.1M)	(30.5M)
Net Income From Continuing Ops	(9.6M)	(6.2M)	(1.5M)	266.6M	10.4M	6.4M
Non Operating Income Net Other	20.1M	8.7M	(65.5M)	101.0M	116.2M	122.0M
Net Income Applicable To Common Shares	(9.6M)	(6.2M)	(1.5M)	266.6M	306.6M	322.0M
Tax Provision	2.6M	5.4M	7.2M	(162.7M)	24.3M	25.5M
Interest Income	11.2M	44.9M	6.7M	12.4M	35.5M	37.3M
Net Interest Income	(44.9M)	(66.3M)	(6.9M)	(6.0M)	31.1M	32.7M
Reconciled Depreciation	30.2M	62.4M	74.1M	91.6M	134.6M	68.4M

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When determining whether Chegg Inc is a strong investment it is important to analyze Chegg's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Chegg's future performance. For an informed investment choice regarding Chegg Stock, refer to the following important reports:

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Is Diversified Consumer Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chegg. If investors know Chegg will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chegg listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

4.996

Earnings Share

(8.18)

Revenue Per Share

6.34

Quarterly Revenue Growth

(0.14)

Return On Assets

0.0192

The market value of Chegg Inc is measured differently than its book value, which is the value of Chegg that is recorded on the company's balance sheet. Investors also form their own opinion of Chegg's value that differs from its market value or its book value, called intrinsic value, which is Chegg's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chegg's market value can be influenced by many factors that don't directly affect Chegg's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Chegg's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chegg is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chegg's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Chegg Historical Income Statement

About Chegg Income Statement Analysis

Chegg Income Statement Chart

Total Revenue

Gross Profit

Chegg income statement Correlations

Chegg Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Chegg income statement Accounts

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COMMON DESTINATIONS

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Research Development	+ 0.99	Gross Profit
Gross Profit	+ 0.98	Total Revenue
Other Operating Expenses	+ 0.98	Total Revenue
Total Operating Expenses	+ 0.97	Gross Profit
Total Operating Expenses	+ 0.96	Other Operating Expenses
Research Development	+ 0.95	Total Revenue

Net Income From Continuing Ops	- 0.94	Income Tax Expense
Income Tax Expense	- 0.94	Net Income
Tax Provision	- 0.88	Net Income From Continuing Ops
Net Interest Income	- 0.87	Interest Expense
Net Interest Income	- 0.86	Ebit
Net Interest Income	- 0.82	Ebitda