Chegg, Inc. (CHGG) financial statements (2020 and earlier)

Company profile

Business Address 3990 FREEDOM CIRCLE
SANTA CLARA, CA 95054
State of Incorp. DE
Fiscal Year End December 31
SIC 82 - Educational Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments796468208778589
Cash and cash equivalents450375126776756
Short-term investments3459382 1833
Receivables14131191314
Prepaid expense1052333
Other current assets2510822324
Total current assets:844495229111133111
Noncurrent Assets
Operating lease, right-of-use asset16
Property, plant and equipment786047352018
Long-term investments and receivables3401620 41
Long-term investments3401620 41
Intangible assets, net (including goodwill)170175146137100105
Goodwill1491501251169191
Intangible assets, net (excluding goodwill)21262121914
Other noncurrent assets16154442
Other undisclosed noncurrent assets   33081
Total noncurrent assets:620266218179159207
TOTAL ASSETS:1,464761447291291318
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities564238494147
Accounts payable4875611
Accrued liabilities523431443531
Taxes payable     5
Deferred revenue27
Debt5     
Customer refund liability     6
Deferred revenue and credits13151525
Other liabilities     16
Other undisclosed current liabilities 17   (27)
Total current liabilities:896052645667
Noncurrent Liabilities
Long-term debt and lease obligation903284    
Long-term debt, excluding current maturities887284    
Operating lease, liability15
Liabilities, other than long-term debt47  08
Deferred revenue and credits   1
Deferred tax liabilities, net    2
Restructuring reserve    0 
Other liabilities47   4
Other undisclosed noncurrent liabilities  444(3)
Total noncurrent liabilities:9062914444
Total liabilities:99535056696071
Stockholders' equity
Stockholders' equity attributable to parent469411391222231247
Common stock000000
Additional paid in capital895818783593560517
Accumulated other comprehensive loss(2)(1)(0)(0)(0)(0)
Accumulated deficit(425)(407)(392)(371)(329)(270)
Total stockholders' equity:469411391222231247
TOTAL LIABILITIES AND EQUITY:1,464761447291291318

Income statement (P&L) ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues381321255254301305
Revenue, net255254301305
Cost of revenue(88)(80)(80)(120)(190)(211)
Cost of goods and services sold  (80)(120)(190)(211)
Other undisclosed gross profit     (0)
Gross profit:29324117513411294
Operating expenses(285)(247)(194)(175)(169)(159)
Operating income (loss):8(6)(19)(40)(58)(65)
Nonoperating income (expense)(19)(7)0(0)(0)1
Other nonoperating income (expense)1641(0)01
Interest and debt expense     (0)
Other undisclosed income from continuing operations before equity method investments, income taxes     0
Loss from continuing operations before income taxes:(11)(13)(18)(41)(58)(65)
Income tax expense(2)(1)(2)(2)(1)(0)
Net loss available to common stockholders, diluted:(12)(15)(20)(42)(59)(65)

Comprehensive Income ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net loss:(12)(15)(20)(42)(59)(65)
Other comprehensive loss(1)(1)(0)(0)(0)(0)
Comprehensive loss, net of tax, attributable to parent:(13)(16)(20)(42)(59)(65)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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