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Chegg Inc  (CHGG)
Other Ticker:  
 
    Sector  Services    Industry Educational Services
   Industry Educational Services
   Sector  Services
 

CHGG's Net Income Growth by Quarter and Year

Chegg Inc's Net Income results by quarter and year




CHGG Net Income (in millions $) FY 2022 FY 2021 FY 2020 FY 2019
IV Quarter December - 68.10 -37.14 -11.48
III Quarter September 251.56 32.76 10.59 -2.03
II Quarter June 7.48 -65.18 -5.71 -4.32
I Quarter March 5.74 26.04 8.22 5.35
FY   264.78 61.72 -24.04 -12.48



CHGG Net Income third quarter 2022 Y/Y Growth Comment
Chegg Inc achieved in the third quarter 2022, above Company average Net Income surge of 667.89% year on year, to $ 251.56 millions.

According to the results reported in the third quarter 2022, Chegg Inc achieved the best Net Income growth in Educational Services industry. While Chegg Inc' s Net Income doubling of 667.89% ranks overall at the positon no. 0 in the third quarter 2022.




CHGG Net Income ( Y/Y Growth %) 2022
2021 2020 2019
IV Quarter December - - - -
III Quarter September 667.89 % 209.35 % - -
II Quarter June - - - -
I Quarter March -77.96 % 216.79 % 53.64 % 46.17 %
FY   - - - -

Financial Statements
Chegg Inc's third quarter 2022 Net Income $ 251.56 millions CHGG's Income Statement
Chegg Inc's third quarter 2021 Net Income $ 32.76 millions Quarterly CHGG's Income Statement
New: More CHGG's historic Net Income Growth >>


CHGG Net Income (Quarter on Quarter Growth %)

2022
2021 2020 2019
IV Quarter December - 107.88 % - -
III Quarter September 3263.13 % - - -
II Quarter June 30.31 % - - -
I Quarter March -91.57 % - - -
FY (Year on Year)   - - - -




Net Income third quarter 2022 Y/Y Growth Company Ranking
Within: No.
Educational Services Industry #
Services Sector #
Overall #0

Net Income Y/Y Growth Statistics
High Average Low
216.86 % 103.64 % -77.18 %
(Dec 31 2020)   (Jun 30 2022)
Net Income third quarter 2022 Y/Y Growth Company Ranking
Within: No.
Educational Services Industry #
Services Sector #
Overall #0
Net Income Y/Y Growth Statistics
High Average Low
216.86 % 103.64 % -77.18 %
(Dec 31 2020)   (Jun 30 2022)

Net Income by Quarter for the Fiscal Years 2019, 2020, 2021, 2022

Chegg Inc's Q/Q Net Income Growth


Net Income Q/Q Growth Statistics
High Average Low
3264.93 % 1067.85 % -91.57 %
(Sep 30 2022)  


CHGG's III. Quarter Q/Q Net Income Comment
Chegg Inc achieved in the III. Quarter 2022 above company average sequential Net Income doubling of 3263.13%, to $ 251.56 millions, from $7.48 millions in the second quarter.
Educational Services company is undergoing a remarkable growth, not just reporting higher then regular increase, and also accelerating pace.

Within Educational Services industry Chegg Inc achieved highest sequential Net Income growth. While Chegg Inc's Net Income growth quarter on quarter, overall rank is 16.


Net Income Q/Q Growth Company Ranking
Within: No.
Educational Services Industry #1
Services Sector #4
Overall #16
Net Income Q/Q Growth Company Ranking
Within: No.
Educational Services Industry #1
Services Sector #4
Overall #16
Net Income Q/Q Growth Statistics
High Average Low
3264.93 % 1067.85 % -91.57 %
(Sep 30 2022)  


CHGG's III. Quarter Q/Q Net Income Comment
Chegg Inc achieved in the III. Quarter 2022 above company average sequential Net Income doubling of 3263.13%, to $ 251.56 millions, from $7.48 millions in the second quarter.
Educational Services company is going from strength to strength, not just reporting better then average increase, and also increasing speed, Maja Larsson, Educational Services industry researcher added.

Within Educational Services industry Chegg Inc achieved highest sequential Net Income growth. While Chegg Inc's Net Income growth quarter on quarter, overall rank is 16.


Chegg Inc's 12 Months Net Income Growth Year on Year


Net Income TTM Growth

12 Months Ending
(Sep 30 2022)
12 Months Ending
(Jun 30 2022)
12 Months Ending
(Mar 31 2022)
12 Months Ending
(Dec 31 2021)
12 Months Ending
(Jun 30 2021)
Cumulative Net Income 12 Months Ending $ 332.88 $ 114.08 $ 41.42 $ 61.73 $ -43.51
Y / Y Net Income Growth (TTM) - - - - -
Year on Year Net Income Growth Overall Ranking # # # # #
Seqeuential Net Income Change (TTM) 191.8 % 175.39 % -32.89 % - -
Seq. Net Income Growth (TTM) Overall Ranking # 64 # 130 # 2407 # #




Cumulative Net Income growth Comment
Chegg Inc saw improvement in Net Income growth trend, posting cumulative 12 months Net Income growth of 667.89% year on year, to $ 333 millions if the fiscal year would have ended in Sep 30 2022.
Chegg Inc's trailing twelve months Net Income growth was higher than company's average 0% and higher than % growth in Jun 30 2022. And, Chegg Inc realized the fastest Net Income growth, in Educational Services industry.
But sequential increase was slower at 191.8 % from $114.08 millions recorded in the period from Jun 30 2022 to Jun 30 2021.
Still this was validation of positive momentum, as the usual sequential Net Income gain is at 111.43%.
The momentum was even more impressive from the previous reporting period exhibited at 191.8 % increase from $114.08 millions in twelve months ending a quarter Jun 30 2022. In the Sep 30 2022 period, Chegg Inc had cumulative twelve months Net Income of $ 333 millions compare to net loss of $ -44 millions a year ago.
Even more so, not just that Educational Services company has returned to prosperity, the company is, as of now gaining momentum with better then average Net Income rise, from the period from Jun 30 2022 to Jun 30 2021 of 191.8 % from $114.08 millions.

Chegg Inc achieved highest trailing twelve month year on year Net Income growth. While overall Net Income growth ranking, remained unchanged compare to the previous quarter at no. .

Net Income TTM Q/Q Growth Statistics
High Average Low
191.8 %
111.43 %
-32.89 %
(Sep 30 2022)  

Net Income TTM Y/Y Growth Company Ranking
Within: No.
Educational Services Industry #
Services Sector #
Overall # 0

Net Income TTM Y/Y Growth Statistics
High Average Low
0 %
0 %
0 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 2
Sector # 14
S&P 500 # 62
Cumulative Net Income growth Comment
Chegg Inc saw improvement in Net Income growth trend, posting cumulative 12 months Net Income growth of 667.89% year on year, to $ 333 millions if the fiscal year would have ended in Sep 30 2022.
Chegg Inc's trailing twelve months Net Income growth was higher than company's average 0% and higher than % growth in Jun 30 2022. And, Chegg Inc realized the fastest Net Income growth, in Educational Services industry.
But from the previous reporting period increase was less at 191.8 % from $114.08 millions achieved in twelve months ending a quarter before Maja Larsson added on.
Still this was evidence of convincing trend, while the average sequential gain lays at 111.43%.
The momentum was even higher from twelve months ended Jun 30 2022 clinched at 191.8 % increase from $114.08 millions in twelve months ending a quarter before. In the Sep 30 2022 period, Chegg Inc had cumulative twelve months Net Income of $ 333 millions compare to net loss of $ -44 millions a year ago.
Even more so, not just that Chegg Inc has restored the prosperity, the company by this time is heading full steam and recording higher than usual Net Income surge, from the twelve months ending in the quarter before of 191.8 % from $114.08 millions.

Chegg Inc achieved highest trailing twelve month year on year Net Income growth. While overall Net Income growth ranking, remained unchanged compare to the previous quarter at no. .

Net Income TTM Q/Q Growth Statistics
High Average Low
191.8 %
111.43 %
-32.89 %
(Sep 30 2022)  


Net Income TTM Y/Y Growth Company Ranking
Within: No.
Educational Services Industry #
Services Sector #
Overall # 0

Net Income TTM Y/Y Growth Statistics
High Average Low
0 %
0 %
0 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 2
Sector # 14
S&P 500 # 62




Other Net Income Growth
Educational Services Industry Net Income Growth Trends and Statistics
Services Sector Net Income Growth Statistics
Net Income Growth Trends for overall market
CHGG's Net Income Growth Ratio versus Educational Services Industry, Services Sector and total Market
Highest Ranking Net Income Growth
Lowest Ranking Net Income Growth
Net Income Growth for CHGG's Competitors
Net Income Growth for Chegg Inc's Suppliers
Net Income Growth for CHGG's Customers

You may also want to know
CHGG's Annual Growth Rates CHGG's Profitability Ratios CHGG's Asset Turnover Ratio CHGG's Dividend Growth
CHGG's Roe CHGG's Valuation Ratios CHGG's Financial Strength Ratios CHGG's Dividend Payout Ratio
CHGG's Roa CHGG's Inventory Turnover Ratio CHGG's Growth Rates CHGG's Dividend Comparisons



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