← CHEGG, INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $254.1m | $255.1m | $321.1m | $410.9m | $644.3m | $776.3m | $766.9m | $716.3m | $617.6m | $376.9m | |
| Revenue from Contract with Customer, Including Assessed Tax | $254.1m | $255.1m | $321.1m | $410.9m | $644.3m | $776.3m | $766.9m | $716.3m | $617.6m | $376.9m | |
| Cost of Goods and Services Sold | $119.6m | $80.2m | $80.0m | $92.2m | $205.4m | $254.9m | $197.4m | $225.9m | $180.9m | $152.2m | |
| Gross Profit | $134.5m | $174.9m | $241.1m | $318.7m | $438.9m | $521.4m | $569.5m | $490.4m | $436.6m | $224.8m | |
| Operating Expenses | $174.6m | $193.9m | $247.3m | $300.9m | $382.2m | $443.3m | $560.5m | $558.1m | $1.2b | $341.6m | |
| Operating Income (Loss) | ($40.1m) | ($19.0m) | ($6.2m) | $17.8m | $56.8m | $78.1m | $9.0m | ($67.7m) | ($737.1m) | ($116.9m) | |
| Additional Financial Items | |||||||||||
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | — | — | — | — | $6.0m | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | — | — | — | — | $4.6m | $0 | $0 | — | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | — | — | $635.4m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | ($42.7m) | ($21.0m) | ($18.6m) | ($12.5m) | ($10.4m) | ($6.3m) | $123.3m | $61.2m | ($297.2m) | ($91.2m) | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | $7.0m | $861k | $5.7m | $103.9m | $50.3m | ($688.4m) | ($100.1m) | |
| Net Income (Loss) Attributable to Parent | ($42.2m) | ($20.3m) | ($14.9m) | ($9.6m) | ($6.2m) | ($1.5m) | $266.6m | $18.2m | ($837.1m) | ($103.4m) | |
| Earnings Per Share, Basic | — | — | — | ($0.08) | ($0.05) | ($0.01) | $2.09 | $0.16 | ($8.10) | ($0.96) | |
| Earnings Per Share, Diluted | — | — | — | — | — | ($0.01) | $1.34 | ($0.34) | ($8.10) | ($0.96) | |
| Weighted Average Number of Shares Outstanding, Basic | 90.5m | — | — | — | — | 141.3m | 127.6m | 116.5m | 103.3m | 107.5m | |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | — | — | — | 141.3m | 149.9m | 128.6m | 103.3m | 107.5m | |
| Other Nonoperating Income (Expense) | ($297k) | $560k | $4.0m | $20.1m | $8.7m | ($65.5m) | $101.0m | $121.8m | $51.3m | $17.3m | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $2.6m | $590k | |
| Current Income Tax Expense (Benefit) | $1.3m | $1.5m | $1.2m | $2.7m | $5.5m | $8.3m | $6.0m | $5.6m | $5.4m | $1.9m | |
| Direct Costs of Leased and Rented Property or Equipment | $28.6m | $0 | — | — | — | — | — | — | — | — | |
| General and Administrative Expense | $55.4m | $64.4m | $77.7m | $97.5m | $129.3m | $159.0m | $216.2m | $239.8m | $217.8m | $177.4m | |
| Nonoperating Income (Expense) | ($468k) | $486k | ($7.2m) | ($24.8m) | ($57.6m) | ($72.4m) | $95.0m | $118.0m | $48.7m | $16.7m | |
| Research and Development Expense | $66.3m | $81.9m | $114.3m | $139.8m | $170.9m | $178.8m | $196.6m | $191.7m | $170.4m | $93.5m | |
| Selling and Marketing Expense | $53.9m | $51.2m | $54.7m | $63.6m | $81.9m | $105.4m | $147.7m | $126.6m | $108.3m | $68.8m | |
| Income Tax Expense (Benefit) | $1.7m | $1.8m | $1.4m | $2.6m | $5.4m | $7.2m | ($162.7m) | $32.1m | $148.7m | $3.3m | |
| Interest Income (Expense), Net | ($171k) | ($74k) | ($11.2m) | ($44.9m) | ($66.3m) | ($6.9m) | ($6.0m) | ($3.8m) | $48.7m | $16.7m | |
| Interest Income (Expense), Nonoperating, Net | $468k | $486k | $7.2m | $24.8m | $57.6m | $6.7m | $12.4m | $37.4m | $28.1m | $8.8m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.