Chegg (CHGG) Asset Writedowns and Impairment (2013 - 2024)
Chegg (CHGG) recorded quarterly Asset Writedowns and Impairment of $195.7 million in Q3 2024, down 59.36% quarter-over-quarter from $481.5 million in Q2 2024, and up 5336.33% on a YoY basis from $3.6 million in Q4 2023.
Chegg (CHGG) Asset Writedowns and Impairment (2013 - 2024) Analysis & Trends
Chegg's Asset Writedowns and Impairment history runs 5 years deep, the most recent figure standing at $195.7 million for Q3 2024.
- In Q3 2024, Asset Writedowns and Impairment rose 5336.33% year-over-year to $195.7 million; the TTM figure through Sep 2025 stood at $195.7 million (down 71.25% YoY), while the FY2025 annual figure was $2.0 million, down 99.7% from the prior year.
- Asset Writedowns and Impairment was $195.7 million for Q3 2024 at Chegg, 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 | 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 |
| 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 |
|---|---|
| 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 |
| Jun 30, 2015 | -45,000.00 |
| Jun 30, 2015 | -45,000.00 |
| Mar 31, 2015 | -224,000.00 |
| Mar 31, 2015 | -224,000.00 |
| Dec 31, 2014 | -282,000.00 |
| Dec 31, 2014 | -282,000.00 |
| Sep 30, 2014 | 319,000.00 |
| Sep 30, 2014 | 319,000.00 |
| Jun 30, 2014 | 238,000.00 |
| Jun 30, 2014 | 238,000.00 |
| Mar 31, 2014 | -41,000.00 |
| Mar 31, 2014 | -41,000.00 |
| Dec 31, 2013 | -194,000.00 |
| Dec 31, 2013 | -194,000.00 |