Chegg, Inc. (CHGG) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 63.26M | 72.66M | 77.74M | 105.12M | 121.39M | 143.48M | 136.59M | 163.15M | 174.35M | 187.99M | 157.85M | 182.85M | 187.6M | 205.19M | 164.74M | 194.72M | 202.24M | 207.47M | 171.94M | 198.48M |
| Revenue Growth % | -47.88% | -49.36% | -43.08% | -35.57% | -30.38% | -23.67% | -13.47% | -10.78% | -7.06% | -8.39% | -4.18% | -6.09% | -7.24% | -1.1% | -4.19% | -1.89% | 1.95% | 0.85% | 11.64% | 29.72% |
| Cost of Goods Sold | 25.37M | 28.9M | 31.7M | 35.48M | 53.97M | 45.6M | 43.42M | 45.41M | 46.5M | 45.8M | 83.58M | 47.41M | 49.15M | 51.42M | 45.2M | 45.68M | 55.09M | 55.71M | 67.1M | 60.71M |
| COGS % of Revenue | 40.11% | 39.77% | 40.78% | 33.75% | 44.46% | 31.78% | 31.79% | 27.83% | 26.67% | 24.37% | 52.94% | 25.93% | 26.2% | 25.06% | 27.44% | 23.46% | 27.24% | 26.85% | 39.03% | 30.59% |
| Gross Profit | 37.89M | 43.76M | 46.04M | 69.64M | 67.41M | 97.89M | 93.17M | 117.74M | 127.85M | 142.18M | 74.28M | 135.44M | 138.45M | 153.77M | 119.54M | 149.04M | 147.16M | 151.76M | 104.84M | 137.77M |
| Gross Margin % | 59.89% | 60.23% | 59.22% | 66.25% | 55.54% | 68.22% | 68.21% | 72.17% | 73.33% | 75.63% | 47.06% | 74.07% | 73.8% | 74.94% | 72.56% | 76.54% | 72.76% | 73.15% | 60.97% | 69.41% |
| Gross Profit Growth % | -43.8% | -55.3% | -50.59% | -40.85% | -47.27% | -31.16% | 25.44% | -13.07% | -7.65% | -7.53% | -37.86% | -9.12% | -5.92% | 1.33% | 14.02% | 8.18% | 15.88% | 2.13% | 14.39% | 25.83% |
| Operating Expenses | 38.92M | 24.49M | 63.16M | 106.1M | 96.42M | 125.2M | 315.46M | 602.74M | 130.34M | 128.9M | 132.15M | 154.14M | 142.9M | 146.1M | 130.97M | 141.69M | 141.78M | 125.56M | 104.48M | 103M |
| OpEx % of Revenue | 61.53% | 33.71% | 81.25% | 100.93% | 79.43% | 87.26% | 230.95% | 369.45% | 74.76% | 68.57% | 83.72% | 84.3% | 76.17% | 71.2% | 79.5% | 72.77% | 70.1% | 60.52% | 60.76% | 51.89% |
| Selling, General & Admin | 29.79M | 60.94M | 44.81M | 77.38M | 63.03M | 84.2M | 78.42M | 77.56M | 85.91M | 83.17M | 82.35M | 101.27M | 95.99M | 99.78M | 85.55M | 89.21M | 89.37M | 77.73M | 61.21M | 61.41M |
| SG&A % of Revenue | 47.08% | 83.86% | 57.65% | 73.61% | 51.92% | 58.68% | 57.41% | 47.54% | 49.27% | 44.24% | 52.17% | 55.38% | 51.17% | 48.63% | 51.93% | 45.82% | 44.19% | 37.47% | 35.6% | 30.94% |
| Research & Development | 9.14M | 16.96M | 18.35M | 28.72M | 29.43M | 41.01M | 41.34M | 43.65M | 44.44M | 45.72M | 46.2M | 52.87M | 46.91M | 46.32M | 45.43M | 52.48M | 52.41M | 47.83M | 43.27M | 41.59M |
| R&D % of Revenue | 14.45% | 23.34% | 23.6% | 27.32% | 24.24% | 28.58% | 30.26% | 26.76% | 25.49% | 24.32% | 29.27% | 28.92% | 25% | 22.57% | 27.57% | 26.95% | 25.92% | 23.05% | 25.16% | 20.96% |
| Other Operating Expenses | 0 | -1000K | 0 | 0 | 1000K | 0 | 1000K | 1000K | 0 | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -1.04M | 19.27M | -17.12M | -36.46M | -29M | -27.32M | -222.29M | -485.01M | -2.49M | 13.29M | -57.87M | -18.7M | -4.45M | 7.67M | -11.44M | 7.34M | 5.38M | 26.2M | 361K | 34.77M |
| Operating Margin % | -1.64% | 26.52% | -22.03% | -34.68% | -23.89% | -19.04% | -162.74% | -297.28% | -1.43% | 7.07% | -36.66% | -10.22% | -2.37% | 3.74% | -6.94% | 3.77% | 2.66% | 12.63% | 0.21% | 17.52% |
| Operating Income Growth % | 96.42% | 170.52% | 92.3% | 92.48% | -1064.27% | -305.61% | -284.12% | -2494.18% | 43.97% | 73.17% | -406.08% | -354.61% | -182.7% | -70.71% | -3267.59% | -78.88% | -67.96% | -46.77% | 102.03% | 57.61% |
| EBITDA | -1.04M | 34.26M | -1.8M | -20.23M | 3.09M | -7.94M | -202.72M | -465.3M | 17.2M | 34.06M | -952K | 7.79M | 21.1M | 33.38M | 12.55M | 27.46M | 27.18M | 45.03M | 25.47M | 46.35M |
| EBITDA Margin % | -1.64% | 47.16% | -2.32% | -19.25% | 2.55% | -5.54% | -148.41% | -285.2% | 9.86% | 18.12% | -0.6% | 4.26% | 11.25% | 16.27% | 7.62% | 14.1% | 13.44% | 21.71% | 14.81% | 23.35% |
| EBITDA Growth % | -133.54% | 531.42% | 99.11% | 95.65% | -82.02% | -123.32% | -21193.8% | -6074.59% | -18.49% | 2.05% | -107.59% | -71.64% | -22.39% | -25.89% | -50.73% | -40.76% | -23.18% | -33.62% | 314.1% | 59.15% |
| D&A (Non-Cash Add-back) | 0 | 15M | 15.32M | 16.23M | 32.09M | 19.38M | 19.57M | 19.71M | 19.69M | 20.77M | 56.92M | 26.48M | 25.54M | 25.7M | 23.98M | 20.11M | 21.81M | 18.84M | 25.11M | 11.58M |
| EBIT | -1.04M | 2.83M | -15.75M | -34.4M | -16M | -1.47M | -214.7M | -477.89M | 8.29M | 18.43M | -17.38M | 45.41M | 7.63M | 3.46M | 85.82M | 9.15M | 11.56M | 27.34M | 9.03M | 36.69M |
| Net Interest Income | 31K | -41K | -41K | -41K | -467K | 27.42M | -658K | -651K | -650K | 6.4M | 7.7M | 9.54M | 9.99M | 3.88M | 2.21M | 416K | -120K | -1.63M | -148K | 150K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 28.05M | 0 | 0 | 0 | 7.06M | 8.43M | 10.66M | 11.26M | 5.18M | 3.74M | 2.03M | 1.48M | 0 | 1.49M | 1.85M |
| Interest Expense | -31K | 41K | 41K | 41K | 467K | 631K | 658K | 651K | 650K | 658K | 733K | 1.11M | 1.27M | 1.3M | 1.52M | 1.62M | 1.6M | 1.63M | 1.63M | 1.7M |
| Other Income/Expense | 1.13M | -52.71M | 1.34M | 2.02M | 12.53M | 25.22M | 6.93M | 6.47M | 10.13M | 4.48M | 39.76M | 62.99M | 10.81M | -5.52M | 95.73M | 193K | 4.58M | -487K | 7.04M | 219K |
| Pretax Income | 88K | -33.44M | -15.79M | -34.44M | -16.47M | -2.1M | -215.36M | -478.54M | 7.64M | 17.77M | -18.11M | 44.29M | 6.36M | 2.15M | 84.3M | 7.54M | 9.96M | 25.71M | 7.4M | 34.99M |
| Pretax Margin % | 0.14% | -46.03% | -20.31% | -32.76% | -13.57% | -1.47% | -157.67% | -293.32% | 4.38% | 9.45% | -11.47% | 24.22% | 3.39% | 1.05% | 51.17% | 3.87% | 4.92% | 12.39% | 4.3% | 17.63% |
| Income Tax | 140K | -639K | 1.68M | 1.22M | 1.01M | 4.02M | -2.72M | 138.34M | 9.06M | 8.1M | 172K | 19.68M | 4.18M | 295K | -167.26M | 60K | 4.22M | 1.4M | 747K | 2.23M |
| Effective Tax Rate % | 159.09% | 1.91% | -10.66% | -3.55% | -6.14% | -191.11% | 1.26% | -28.91% | 118.59% | 45.6% | -0.95% | 44.43% | 65.64% | 13.7% | -198.42% | 0.8% | 42.34% | 5.46% | 10.1% | 6.36% |
| Net Income | 228K | -32.8M | -17.47M | -35.66M | -17.48M | -6.13M | -212.64M | -616.88M | -1.42M | 9.66M | -18.28M | 24.61M | 2.19M | 1.86M | 251.56M | 7.48M | 5.74M | 24.31M | 6.65M | 32.76M |
| Net Margin % | 0.36% | -45.15% | -22.47% | -33.93% | -14.4% | -4.27% | -155.67% | -378.12% | -0.81% | 5.14% | -11.58% | 13.46% | 1.17% | 0.91% | 152.7% | 3.84% | 2.84% | 11.72% | 3.87% | 16.51% |
| Net Income Growth % | 101.3% | -435.56% | 91.78% | 94.22% | -1131.27% | -163.37% | -1063.04% | -2606.44% | -164.96% | 420.18% | -107.27% | 229.21% | -61.93% | -92.36% | 3682.32% | -77.18% | 108.81% | -6.67% | 117.91% | 209.42% |
| Net Income (Continuing) | 228K | -32.8M | -17.47M | -35.66M | -17.48M | -6.13M | -212.64M | -616.88M | -1.42M | 9.66M | -18.28M | 24.61M | 2.19M | 1.86M | 251.56M | 7.48M | 5.74M | 24.31M | 6.65M | 32.76M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.00 | -0.30 | -0.16 | -0.33 | -0.17 | -0.06 | -2.05 | -6.01 | -0.01 | -0.12 | -0.16 | -0.11 | 0.02 | 0.01 | 1.70 | 0.05 | 0.04 | 0.15 | 0.05 | 0.20 |
| EPS Growth % | 101.18% | -411.95% | 92.2% | 94.51% | -1123.02% | 51.17% | -1181.25% | -5363.64% | -178.98% | -921.92% | -109.41% | -320% | -59.16% | -90.27% | 3300% | -75% | 108.8% | -16.67% | 117.24% | 150% |
| EPS (Basic) | 0.00 | -0.30 | -0.16 | -0.33 | -0.17 | -0.06 | -2.05 | -6.01 | -0.01 | 0.09 | -0.16 | 0.21 | 0.02 | 0.01 | 1.70 | 0.05 | 0.04 | 0.17 | 0.05 | 0.23 |
| Diluted Shares Outstanding | 112.13M | 107.48M | 108.45M | 106.91M | 105.16M | 103.3M | 103.72M | 102.6M | 102.34M | 118.9M | 115.41M | 132.94M | 124.3M | 127.52M | 148.04M | 149.57M | 133.27M | 166.84M | 146.7M | 168.28M |
| Basic Shares Outstanding | 111.73M | 107.48M | 108.45M | 106.91M | 105.16M | 103.3M | 103.72M | 102.6M | 102.34M | 109.09M | 115.41M | 117.98M | 123.71M | 125.75M | 148.04M | 149.57M | 132.16M | 142.71M | 144.75M | 143.11M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |