Chegg, Inc.

NYSE CHGG

Chegg, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2024: 72.64%

Chegg, Inc. Gross Profit Margin is 72.64% for the Trailing 12 Months (TTM) ending September 30, 2024, a 6.15% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.
  • Chegg, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2023 was 68.43%, a -7.25% change year over year.
  • Chegg, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2022 was 73.78%, a 10.27% change year over year.
  • Chegg, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2021 was 66.91%, a -3.14% change year over year.
  • Chegg, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2020 was 69.08%, a -10.16% change year over year.
Key data
Date Gross Profit Margin Operating Income Margin EBT Margin Net Income Margin
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NYSE: CHGG

Chegg, Inc.

CEO Mr. Nathan Schultz
IPO Date Nov. 13, 2013
Location United States
Headquarters 3990 Freedom Circle
Employees 3,043
Sector Communication Services
Industries
Description

Chegg, Inc. operates direct-to-student learning platform that supports students starting with their academic journey and extending into their careers with products and services to support and help them better understand their academic course materials. The company offers Chegg Services, which include subscription services; and required materials that comprise its print textbooks and eTextbooks. Its subscription services include Chegg Study, which helps students master challenging concepts on their own; Chegg Writing that provides students with a suite of tools, such as plagiarism detection scans, grammar and writing fluency checking, expert personalized writing feedback, and premium citation generation; Chegg Math, a step-by-step math problem solver and calculator that helps students to solve problems; Chegg Study Pack, a bundle of various Chegg Services product offerings, including Chegg Study, Chegg Writing, and Chegg Math Solver services, which creates an integrated platform of connected academic support services; Busuu, an online language learning solution that offers a comprehensive solution through a combination of self-paced lessons, live classes with expert tutors, and the ability to learn and practice with members of the Busuu language learning community; and Thinkful, a skills-based learning platform that offers professional courses along with networking, interviewing, and career services. The company also provides other services, such as Chegg Life, Chegg Prep, and Chegg Internships; provides personal and professional development skills training; and rents and sells print textbooks and eTextbooks. Chegg, Inc. was incorporated in 2005 and is headquartered in Santa Clara, California.

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StockViz Staff

January 15, 2025

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