Chegg Past Earnings Performance
Past criteria checks 1/6
Chegg has been growing earnings at an average annual rate of 63.7%, while the Consumer Services industry saw earnings growing at 15.2% annually. Revenues have been growing at an average rate of 15.9% per year. Chegg's return on equity is 1.9%, and it has net margins of 2.5%.
Key information
63.7%
Earnings growth rate
64.4%
EPS growth rate
| Consumer Services Industry Growth | 20.3% |
| Revenue growth rate | 15.9% |
| Return on equity | 1.9% |
| Net Margin | 2.5% |
| Next Earnings Update | 29 Apr 2024 |
Recent past performance updates
Recent updates
Does Chegg (NYSE:CHGG) Have A Healthy Balance Sheet?
Apr 05
The Steep Learning Curve Chegg Is Trying To Climb
Feb 06Pinning Down Chegg, Inc.'s (NYSE:CHGG) P/S Is Difficult Right Now
Jan 19Chegg's Cheap Valuation Is Deceiving
Nov 01When Should You Buy Chegg, Inc. (NYSE:CHGG)?
Oct 31Chegg, Inc: Concerning Business Outlook And Uncertain AI Prospects
Oct 05Does Chegg (NYSE:CHGG) Have A Healthy Balance Sheet?
Sep 21You Ask Chegg Answers: Potential Top AI Investment
Sep 08Surprise Surprise! Chegg Becomes A Generative AI Play
Aug 08At US$10.10, Is It Time To Put Chegg, Inc. (NYSE:CHGG) On Your Watch List?
Jul 28Chegg: New Personalized AI Tutor For College Could Be Killer App
Jun 29Is Chegg (NYSE:CHGG) A Risky Investment?
Jun 22Chegg: AI Loser Could Turn Into Big Winner
Jun 14Chegg, Inc.'s (NYSE:CHGG) Intrinsic Value Is Potentially 99% Above Its Share Price
May 20Investors Don't See Light At End Of Chegg, Inc.'s (NYSE:CHGG) Tunnel And Push Stock Down 42%
May 05Is It Time To Consider Buying Chegg, Inc. (NYSE:CHGG)?
Apr 18Chegg (NYSE:CHGG) Has A Pretty Healthy Balance Sheet
Mar 05Chegg enters $150M accelerated share repurchase agreement
Feb 24Chegg Q4 2022 Earnings Preview
Feb 05At US$24.53, Is It Time To Put Chegg, Inc. (NYSE:CHGG) On Your Watch List?
Jan 12An Intrinsic Calculation For Chegg, Inc. (NYSE:CHGG) Suggests It's 29% Undervalued
Dec 05Chegg Non-GAAP EPS of $0.21 beats by $0.07, revenue of $164.74M beats by $6.4M
Nov 01Chegg (NYSE:CHGG) Has A Pretty Healthy Balance Sheet
Oct 28Chegg names new operations chief
Oct 19Chegg upgraded to outperform at Northland Securities on attractive valuation
Sep 08What Is Chegg, Inc.'s (NYSE:CHGG) Share Price Doing?
Aug 23Chegg: Industry Disruptor At A Discount
Aug 15We Think Chegg (NYSE:CHGG) Can Stay On Top Of Its Debt
Jul 28Chegg: Massive Buybacks And Possible Buyout Make It A Buy
Jun 06Is There An Opportunity With Chegg, Inc.'s (NYSE:CHGG) 49% Undervaluation?
May 17Chegg Crumbles After Earnings: Too Cheap To Ignore
May 04Chegg (NYSE:CHGG) Is Experiencing Growth In Returns On Capital
Apr 05Is Chegg, Inc. (NYSE:CHGG) Potentially Undervalued?
Mar 21Chegg: Growth And Profitability On The Horizon
Feb 16Revenue & Expenses BreakdownBeta
How Chegg makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 716 | 18 | 352 | 190 |
| 30 Sep 23 | 734 | 10 | 366 | 191 |
| 30 Jun 23 | 740 | 280 | 369 | 190 |
| 31 Mar 23 | 752 | 263 | 365 | 191 |
| 31 Dec 22 | 767 | 267 | 359 | 197 |
| 30 Sep 22 | 769 | 289 | 333 | 198 |
| 30 Jun 22 | 776 | 44 | 309 | 196 |
| 31 Mar 22 | 780 | 69 | 284 | 185 |
| 31 Dec 21 | 776 | -1 | 264 | 179 |
| 30 Sep 21 | 775 | 0 | 236 | 178 |
| 30 Jun 21 | 757 | -44 | 240 | 179 |
| 31 Mar 21 | 711 | -66 | 226 | 177 |
| 31 Dec 20 | 644 | -6 | 211 | 171 |
| 30 Sep 20 | 564 | -24 | 202 | 163 |
| 30 Jun 20 | 504 | 2 | 177 | 155 |
| 31 Mar 20 | 445 | -11 | 164 | 147 |
| 31 Dec 19 | 411 | -10 | 160 | 140 |
| 30 Sep 19 | 381 | -12 | 149 | 135 |
| 30 Jun 19 | 361 | -15 | 144 | 127 |
| 31 Mar 19 | 342 | -17 | 140 | 121 |
| 31 Dec 18 | 321 | -15 | 131 | 114 |
| 30 Sep 18 | 299 | -17 | 128 | 104 |
| 30 Jun 18 | 287 | -14 | 124 | 94 |
| 31 Mar 18 | 269 | -16 | 117 | 88 |
| 31 Dec 17 | 255 | -20 | 115 | 82 |
| 30 Sep 17 | 245 | -25 | 113 | 76 |
| 30 Jun 17 | 253 | -30 | 111 | 73 |
| 31 Mar 17 | 250 | -33 | 112 | 69 |
| 31 Dec 16 | 254 | -42 | 108 | 66 |
| 30 Sep 16 | 259 | -37 | 106 | 64 |
| 30 Jun 16 | 269 | -45 | 105 | 63 |
| 31 Mar 16 | 283 | -46 | 103 | 60 |
| 31 Dec 15 | 301 | -59 | 109 | 59 |
| 30 Sep 15 | 318 | -61 | 113 | 57 |
| 30 Jun 15 | 318 | -69 | 119 | 55 |
| 31 Mar 15 | 315 | -68 | 120 | 54 |
| 31 Dec 14 | 305 | -65 | 112 | 49 |
| 30 Sep 14 | 298 | -174 | 118 | 50 |
| 30 Jun 14 | 278 | -171 | 104 | 46 |
| 31 Mar 14 | 269 | -166 | 95 | 44 |
| 31 Dec 13 | 256 | -158 | 91 | 42 |
| 30 Sep 13 | 247 | -42 | 73 | 39 |
| 30 Jun 13 | 238 | -38 | 74 | 39 |
Quality Earnings: CHGG has a large one-off gain of $29.3M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: CHGG's current net profit margins (2.5%) are lower than last year (34.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CHGG has become profitable over the past 5 years, growing earnings by 63.7% per year.
Accelerating Growth: CHGG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CHGG had negative earnings growth (-93.2%) over the past year, making it difficult to compare to the Consumer Services industry average (16.6%).
Return on Equity
High ROE: CHGG's Return on Equity (1.9%) is considered low.