← CHEGG, INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | ($42.2m) |
($20.3m)
+51.99%
|
($14.9m)
+26.60%
|
($9.6m)
+35.48%
|
($6.2m)
+35.23%
|
($1.5m)
+76.56%
|
$266.6m
+18387.93%
|
$18.2m
-93.18%
|
($837.1m)
-4704.33%
|
($103.4m)
+87.64%
|
— | |
| Depreciation, Depletion and Amortization | $9.9m | $13.8m | $16.8m | $24.2m | $32.6m | $49.6m | $64.1m | $105.3m | $78.3m | $78.6m | $57.3m | |
| Amortization of Debt Issuance Costs | $105k | $0 | $10.5m | $43.2m | $64.6m | $5.9m | $5.2m | $3.2m | $2.1m | $500k | — | |
| Deferred Income Tax Expense (Benefit) | $445k | $282k | $220k | ($39k) | ($109k) | ($1.1m) | ($168.7m) | $26.6m | $143.3m | $1.3m | $1.2m | |
| Share-based Payment Arrangement, Noncash Expense | $41.8m | $38.4m | $52.0m | $64.9m | $84.1m | $108.8m | $133.5m | $133.5m | $84.6m | $31.9m | $17.7m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $10.8m | $20.1m | $49.1m | $94.6m | $80.7m | $94.4m | $26.5m | $16.4m | $9.2m | $2.6m | — | |
| Share-based Payment Arrangement, Expense | $41.8m | $38.4m | $52.0m | $64.9m | $84.1m | $108.8m | $133.5m | $133.5m | $84.6m | $31.9m | $17.7m | |
| Equity Method Investment, Other than Temporary Impairment | — | — | — | — | $10.0m | $0 | $0 | $0 | $0 | $6.0m | — | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | — | — | — | — | $6.0m | — | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | — | — | $635.4m | — | $5.8m | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | — | — | — | — | — | $31.9m | — | — | |
| Impairment of Intangible Assets, Finite-lived | $0 | — | — | — | — | — | — | — | — | — | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | — | — | — | — | — | $3.6m | — | — | — | |
| Equity Method Investment, Realized Gain (Loss) on Disposal | — | — | — | — | ($308k) | $12.5m | $0 | $0 | $3.8m | $0 | — | |
| Nonoperating Income (Expense) | ($468k) | $486k | ($7.2m) | ($24.8m) | ($57.6m) | ($72.4m) | $95.0m | $118.0m | $48.7m | $16.7m | — | |
| Other Nonoperating Income (Expense) | ($297k) | $560k | $4.0m | $20.1m | $8.7m | ($65.5m) | $101.0m | $121.8m | $51.3m | $17.3m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $127k | $175k | $1.5m | ($1.8m) | $400k | $5.0m | $3.8m | $7.8m | ($7.8m) | ($8.4m) | $7.1m | |
| Increase (Decrease) in Accounts Payable | ($728k) | $2.6m | $893k | ($2.4m) | $1.1m | $3.2m | ($4.1m) | $13.1m | ($12.4m) | ($9.7m) | ($2.2m) | |
| Net Cash Provided by (Used in) Operating Activities | $24.9m |
$51.1m
+105.10%
|
$75.1m
+46.85%
|
$113.4m
+50.98%
|
$236.4m
+108.50%
|
$273.2m
+15.56%
|
$255.7m
-6.40%
|
$246.2m
-3.73%
|
$125.2m
-49.14%
|
$15.5m
-87.63%
|
$10.0m
-35.67%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $24.7m | $26.1m | $31.2m | $42.3m | $81.3m | $94.2m | $103.1m | $83.1m | $75.0m | $28.1m | ($16.9m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | $0 | ($1.4m) | ($93k) | $1.0m | $1.2m | ($2.1m) | ($3.5m) | ($4.1m) | ($5.8m) | ($2.0m) | ($1.0m) | |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | — | — | — | — | ($308k) | $178k | ($9.7m) | ($2.1m) | ($27k) | $752k | — | |
| Gain (Loss) on Sale of Investments | — | — | — | — | ($308k) | $178k | ($9.7m) | ($2.1m) | ($27k) | $752k | — | |
| Payments to Acquire Investments | $1.0m | $0 | $10.0m | — | — | — | — | — | — | — | $0 | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | — | — | — | — | — | — | $884.9m | $597.2m | $171.7m | $130.1m | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | $27.1m | $14.9m | $34.6m | $79.1m | $92.8m | $7.9m | $401.1m | $0 | $0 | — | $0 | |
| Net Cash Provided by (Used in) Investing Activities | — | ($136.2m) | ($82.5m) | ($703.4m) | ($732.8m) | ($365.8m) | $104.9m | $268.7m | $11.3m | $282.3m | $31.1m | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | ($4.3m) | ($78.2m) | $93.5m | $85.9m | $19.5m | $7.8m | — | |
| Payments for Repurchase of Common Stock | $0 | $0 | $20.0m | $20.0m | $0 | $300.0m | $323.5m | $334.8m | $2.6m | $0 | — | |
| Proceeds from Issuance of Common Stock | $2.1m | $147.6m | $0 | $0 | $15.5m | $1.1b | $0 | $0 | $2.6m | $590k | — | |
| Net Cash Provided by (Used in) Financing Activities | ($8.7m) |
$134.2m
+1647.14%
|
$256.4m
+91.05%
|
$603.5m
+135.36%
|
$588.6m
-2.47%
|
$466.7m
-20.71%
|
($744.8m)
-259.58%
|
($852.8m)
-14.50%
|
($109.1m)
+87.20%
|
($428.5m)
-292.59%
|
($33.2m)
+92.25%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $9.6m | $49.5m | $249.0m | $13.5m | $92.3m | $374.2m | ($380.0m) | ($337.9m) | $26.4m | ($130.9m) | $47.5m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $9.6m | $49.5m | $375.9m | $389.4m | $481.7m | $855.9m | $475.9m | $138.0m | $164.4m | $33.4m | $47.5m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | $0 | $0 | $4.1m | $21k | ($1.0m) | ($256k) | ($1.2m) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $605k | $1.3m | $1.8m | $1.1m | $875k | $741k | $449k | $224k | — | |
| Income Taxes Paid, Net | — | — | — | — | — | $7.4m | $6.8m | $11.1m | $8.1m | $4.6m | — | |
| Additional Financial Items | ||||||||||||
| Derivative, Gain (Loss) on Derivative, Net | — | — | — | — | — | ($7.1m) | $0 | $0 | — | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | — | — | — | — | $4.6m | $0 | $0 | — | — | |
| Gain (Loss) on Disposition of Assets | $670k | $4.8m | $0 | $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 | — | |
| Goodwill | $116.2m | $125.3m | $149.5m | $214.5m | $285.2m | $289.8m | $615.1m | $632.0m | $0 | — | $5.8m | |
| 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 Expense Nonoperating | — | — | — | — | — | — | — | — | $2.6m | $590k | — | |
| Operating Expenses | $174.6m | $193.9m | $247.3m | $300.9m | $382.2m | $443.3m | $560.5m | $558.1m | $1.2b | $341.6m | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $321.1m | $410.9m | $644.3m | $776.3m | $766.9m | — | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.