Chegg (CHGG) Asset Writedowns and Impairment (2023 - 2024)
Quarterly Asset Writedowns and Impairment rose 5336.33% to $195.7 million in Q3 2024 from the year-ago period, while the trailing twelve-month figure was $195.7 million through Sep 2025, down 71.25% year-over-year, with the annual reading at $2.0 million for FY2025, 99.7% down from the prior year.
Chegg's Asset Writedowns and Impairment history spans 5 years, with the latest figure at $195.7 million for Q3 2024.
- Asset Writedowns and Impairment came in at $195.7 million for Q3 2024, down from $481.5 million in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $481.5 million in Q2 2024 to a low of $3.6 million in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | 51Talk Online Education | 9.59 Bn | 9.55 Bn | 22.18 Mn |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn |
| 10 | Chegg | 159.77 Mn | 93.85 Mn | 37.89 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 195.71 Mn |
| Sep 30, 2024 | 195.71 Mn |
| Jun 30, 2024 | 481.53 Mn |
| Jun 30, 2024 | 481.53 Mn |
| Sep 30, 2023 | 3.60 Mn |
| Sep 30, 2023 | 3.60 Mn |