Chegg (CHGG) Acquisitions (2014 - 2022)
Chegg (CHGG) recorded quarterly Acquisitions of $401.1 million in Q1 2022, up 4983.32% quarter-over-quarter from $7.9 million in Q1 2021, and up 4983.32% on a YoY basis from $7.9 million in Q1 2021.
Chegg (CHGG) Acquisitions (2014 - 2022) Analysis & Trends
Chegg's Acquisitions history runs 8 years deep, the most recent figure standing at $401.1 million for Q1 2022.
- In Q1 2022, Acquisitions rose 4983.32% year-over-year to $401.1 million; the TTM figure through Dec 2022 stood at $401.1 million (up 4983.32% YoY), while the FY2022 annual figure was $401.1 million, up 4983.32% from the prior year.
- Acquisitions was $401.1 million for Q1 2022 at Chegg, up from $7.9 million in the prior quarter.
- In the past five years, Acquisitions ranged from a high of $401.1 million in Q1 2022 to a low of $7.9 million in Q1 2021.
- Historically, Acquisitions has averaged $102.6 million across 5 years, with a median of $49.7 million in 2018.
- The sharpest annual moves came in 2018 and 2022: Acquisitions soared 7779.79% in 2018, then soared 4983.32% in 2022.
- A 5-year view of Acquisitions shows it stood at $20.2 million in 2018, then surged by 291.59% to $79.1 million in 2019, then advanced by 17.24% to $92.8 million in 2020, then slumped by 91.5% to $7.9 million in 2021, then jumped by 4983.32% to $401.1 million in 2022.
- The last three Acquisitions figures came in at $401.1 million (Q1 2022), $7.9 million (Q1 2021), and $92.8 million (Q2 2020), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Acquisitions (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 7.03 Bn | 6.99 Bn | 22.18 Mn | - |
| 2 | Laureate Education | 5.22 Bn | 5.06 Bn | -16.39 Mn | - |
| 3 | Graham Holdings | 5.09 Bn | 4.08 Bn | 841.00 Mn | 18.16 Mn |
| 4 | Covista | 4.40 Bn | 4.40 Bn | 276.31 Mn | - |
| 5 | Stride | 4.17 Bn | 3.36 Bn | 231.57 Mn | - |
| 6 | Grand Canyon Education | 3.94 Bn | 3.69 Bn | 244.77 Mn | - |
| 7 | McGraw Hill | 2.19 Bn | 1.94 Bn | 388.89 Mn | - |
| 8 | Universal Technical Institute | 2.14 Bn | 1.97 Bn | 103.97 Mn | - |
| 9 | Perdoceo Education | 2.13 Bn | 1.45 Bn | 174.68 Mn | - |
| 10 | Chegg | 124.02 Mn | 58.10 Mn | 37.89 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2022 | 401.13 Mn |
| Mar 31, 2021 | 7.89 Mn |
| Jun 30, 2020 | 92.80 Mn |
| Dec 31, 2019 | 79.15 Mn |
| Sep 30, 2018 | 20.21 Mn |
| Jun 30, 2018 | 14.44 Mn |
| Dec 31, 2017 | 14.93 Mn |
| Jun 30, 2017 | -188,000.00 |
| Mar 31, 2017 | 188,000.00 |
| Dec 31, 2016 | 1.19 Mn |
| Sep 30, 2016 | 700,000.00 |
| Jun 30, 2016 | 25.16 Mn |
| Dec 31, 2014 | 10.00 Mn |
| Jun 30, 2014 | 43.37 Mn |
| Mar 31, 2014 | 500,000.00 |