Chegg
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Chegg's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 7% to $716,295,000. Profit margin reached 3%. Total operating expenses were $558,079,000.
Profit Margin
| 2014 | 304.83M | -64.75M | -21.24% |
|---|---|---|---|
| 2015 | 301.37M | -59.21M | -19.65% |
| 2016 | 254.09M | -42.24M | -16.63% |
| 2017 | 255.06M | -20.28M | -7.95% |
| 2018 | 321.08M | -14.88M | -4.64% |
| 2019 | 410.92M | -9.60M | -2.34% |
| 2020 | 644.33M | -6.22M | -0.97% |
| 2021 | 776.26M | -1.45M | -0.19% |
| 2022 | 766.89M | 266.63M | 34.77% |
| 2023 | 716.29M | 18.18M | 2.54% |
CHGG Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 716.29M | 766.89M | 776.26M | 644.33M | 410.92M | 321.08M | 255.06M | 254.09M | 301.37M | 304.83M |
Cost of revenue | 225.94M | 197.39M | 254.90M | 205.41M | 92.18M | 79.99M | 80.17M | 119.60M | 189.84M | 210.98M |
Gross profit | 490.35M | 569.50M | 521.36M | 438.92M | 318.74M | 241.08M | 174.89M | 134.48M | 111.52M | 93.84M |
Operating exp. | ||||||||||
Research and development | 191.70M | 196.63M | 178.82M | 170.90M | 139.77M | 114.29M | 81.92M | 66.33M | 59.39M | 49.38M |
Selling and marketing | 126.59M | 147.66M | 105.41M | 81.91M | 63.56M | 54.71M | 51.24M | 53.94M | 64.08M | 72.31M |
Total operating expenses | 558.07M | 560.54M | 443.25M | 382.16M | 300.83M | 246.71M | 197.57M | 175.65M | 168.68M | 163.53M |
Operating income | -67.72M | 109.98M | 12.63M | 56.75M | 37.97M | -6.22M | -18.96M | -40.07M | -57.7M | -65.13M |
Other income (expenses), net | 118.03M | -6.04M | -6.89M | -57.61M | -44.94M | 3.39M | 486K | 796K | -31K | 562K |
Income before tax | 50.31M | 103.94M | 5.73M | -861K | -6.97M | -13.45M | -18.48M | -40.53M | -57.73M | -64.57M |
Income tax expense | 32.13M | -162.69M | 7.19M | 5.36M | 2.63M | 1.43M | 1.80M | 1.70M | 1.47M | 186K |
Net income | 18.18M | 266.63M | -1.45M | -6.22M | -9.60M | -14.88M | -20.28M | -42.24M | -59.21M | -64.75M |
Earnings per share | ||||||||||
Basic EPS | -0.37 | 2.09 | -0.01 | -0.04 | -0.08 | -0.13 | -0.2 | -0.47 | -0.68 | -0.78 |
Diluted EPS | -0.34 | 1.78 | -0.01 | -0.04 | -0.08 | -0.13 | -0.2 | -0.47 | -0.68 | -0.78 |
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