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

CHGG's Revenue Growth by Quarter and Year

Chegg Inc's Revenue results by quarter and year




CHGG Revenue (in millions $) FY 2024 FY 2023 FY 2022 FY 2021
IV Quarter December - 188.03 205.19 225.39
III Quarter September - 157.28 164.74 198.48
II Quarter June - 182.44 194.72 198.38
I Quarter March 173.85 187.60 202.24 205.72
FY   173.85 715.35 766.89 827.97



CHGG Revenue first quarter 2024 Y/Y Growth Comment
Chegg Inc reported decrease in Revenue in the first quarter 2024 by -7.33% to $ 173.85 millions, from the same quarter in 2023.
The decrease in the first quarter 2024 Chegg Inc's Revenue compares unfavorably to the Company's average Revenue increase of 12.27%.

Looking into first quarter 2024 results within Educational Services industry 4 other companies have achieved higher Revenue growth. While Chegg Inc' s Revenue decline of -7.33% ranks overall at the positon no. 722 in the first quarter 2024.




CHGG Revenue ( Y/Y Growth %) 2024
2023 2022 2021
IV Quarter December - -8.36 % -8.96 % 46.34 %
III Quarter September - -4.53 % -17 % 29.72 %
II Quarter June - -6.31 % -1.84 % 50.76 %
I Quarter March -7.33 % -7.24 % -1.69 % 63.92 %
FY   - -6.72 % -7.38 % 46.77 %

Financial Statements
Chegg Inc's first quarter 2024 Revenue $ 173.85 millions CHGG's Income Statement
Chegg Inc's first quarter 2023 Revenue $ 187.60 millions Quarterly CHGG's Income Statement
New: More CHGG's historic Revenue Growth >>


CHGG Revenue (Quarter on Quarter Growth %)

2024
2023 2022 2021
IV Quarter December - 19.55 % 24.55 % 13.56 %
III Quarter September - -13.79 % -15.4 % 0.05 %
II Quarter June - -2.75 % -3.72 % -3.57 %
I Quarter March -7.54 % -8.57 % -10.27 % 33.57 %
FY (Year on Year)   - -6.72 % -7.38 % 46.77 %




Revenue first quarter 2024 Y/Y Growth Company Ranking
Within: No.
Educational Services Industry #5
Services Sector #106
Overall #722

Revenue Y/Y Growth Statistics
High Average Low
59.77 % 12.27 % -39.53 %
(Mar 31 2021)   (Sep. 30, 2015)
Revenue first quarter 2024 Y/Y Growth Company Ranking
Within: No.
Educational Services Industry #5
Services Sector #106
Overall #722
Revenue Y/Y Growth Statistics
High Average Low
59.77 % 12.27 % -39.53 %
(Mar 31 2021)   (Sep. 30, 2015)

Revenue by Quarter for the Fiscal Years 2021, 2022, 2023, 2024

Chegg Inc's Q/Q Revenue Growth


Revenue Q/Q Growth Statistics
High Average Low
34.52 % 3.03 % -20.99 %
(Sep 30 2016)  


CHGG's I. Quarter Q/Q Revenue Comment
In the I. Quarter 2024 Chegg Inc reported drop in Revenue sequentially by -7.54% to $ 173.85 millions, from $ 188.03 millions declared in the previous reporting period.

As we analyse recent shortcoming at the I. Quarter, we suppose to presume, that frequently I. Quarter 2024 results appear to be softer relative to the preciding period

Within Educational Services industry 3 other companies have achieved higher Revenue quarter on quarter growth. While Chegg Inc's Revenue growth quarter on quarter, overall rank is 825.


Revenue Q/Q Growth Company Ranking
Within: No.
Educational Services Industry #4
Services Sector #126
Overall #825
Revenue Q/Q Growth Company Ranking
Within: No.
Educational Services Industry #4
Services Sector #126
Overall #825
Revenue Q/Q Growth Statistics
High Average Low
34.52 % 3.03 % -20.99 %
(Sep 30 2016)  


CHGG's I. Quarter Q/Q Revenue Comment
In the I. Quarter 2024 Chegg Inc realized drop in Revenue sequentially by -7.54% to $ 173.85 millions, from $ 188.03 millions released in the previous quarter.

It's not huge problem, as I. Quarter Revenue frequently tend to plunge in this quarter Elijah Parker, Educational Services industry veteran noted.

Within Educational Services industry 3 other companies have achieved higher Revenue quarter on quarter growth. While Chegg Inc's Revenue growth quarter on quarter, overall rank is 825.


Chegg Inc's 12 Months Revenue Growth Year on Year


Revenue TTM Growth

12 Months Ending
(Mar 31 2024)
12 Months Ending
(Dec 31 2023)
12 Months Ending
(Sep 30 2023)
12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
Cumulative Revenue 12 Months Ending $ 701.61 $ 715.35 $ 732.51 $ 739.97 $ 752.25
Y / Y Revenue Growth (TTM) -6.73 % -6.72 % -6.93 % -9.85 % -8.76 %
Year on Year Revenue Growth Overall Ranking # 879 # 778 # 1651 # 1102 # 89
Seqeuential Revenue Change (TTM) -1.92 % -2.34 % -1.01 % -1.63 % -1.91 %
Seq. Revenue Growth (TTM) Overall Ranking # 722 # 1976 # 2226 # 2216 # 2214




Cumulative Revenue growth Comment
Chegg Inc's cumulative 12 months Revenue continue to decrease, but on the faster rate at -6.73% year on year, at Mar 31 2024 compare to the -6.72% decrease at Dec 31 2023. If the Chegg Inc's fiscal year would end at Mar 31 2024, annual Revenue would be $702 millions.

In the Services sector 129 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 778 to 879.

Revenue TTM Q/Q Growth Statistics
High Average Low
59.77 %
12.27 %
-39.53 %
 

Revenue TTM Y/Y Growth Company Ranking
Within: No.
Educational Services Industry # 5
Services Sector # 130
Overall # 879

Revenue TTM Y/Y Growth Statistics
High Average Low
59.77 %
12.27 %
-39.53 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 5
Sector # 106
S&P 500 # 722
Cumulative Revenue growth Comment
Chegg Inc's cumulative 12 months Revenue continue to decrease, but on the faster rate at -6.73% year on year, at Mar 31 2024 compare to the -6.72% decrease at Dec 31 2023. If the Chegg Inc's fiscal year would end at Mar 31 2024, annual Revenue would be $702 millions.

In the Services sector 129 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 778 to 879.

Revenue TTM Q/Q Growth Statistics
High Average Low
59.77 %
12.27 %
-39.53 %
 


Revenue TTM Y/Y Growth Company Ranking
Within: No.
Educational Services Industry # 5
Services Sector # 130
Overall # 879

Revenue TTM Y/Y Growth Statistics
High Average Low
59.77 %
12.27 %
-39.53 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 5
Sector # 106
S&P 500 # 722




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