Chegg (CHGG) Asset Writedowns and Impairment (2013 - 2024)
Chegg (CHGG) posted Asset Writedowns and Impairment of $195.7 million for Q3 2024, down 59.36% on a QoQ basis from $481.5 million in Q2 2024, and up 5336.33% year-over-year from $3.6 million in Q4 2023.
Analysis
Chegg (CHGG) Asset Writedowns and Impairment (2013 - 2024) Analysis & Trends
Chegg has reported Asset Writedowns and Impairment for 5 years, with the latest figure at $195.7 million in Q3 2024.
- On a quarterly basis, Asset Writedowns and Impairment rose 5336.33% year-over-year to $195.7 million in Q3 2024; TTM through Sep 2025 was $195.7 million, a 71.25% decrease from a year earlier, with the FY2025 full-year figure at $6.0 million, down 99.11% 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.
- The five-year high for Asset Writedowns and Impairment was $481.5 million in Q2 2024, with the low at $3.6 million in Q3 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Duolingo | 14.45 Bn | 13.13 Bn | 216.74 Mn |
| 2 | Youdao | 3.62 Bn | 3.50 Bn | 105.66 Mn |
| 3 | Coursera | 1.59 Bn | 604.41 Mn | 173.40 Mn |
| 4 | Docebo | 712.07 Mn | 666.36 Mn | 54.53 Mn |
| 5 | 51Talk Online Education | 344.94 Mn | 309.51 Mn | 22.97 Mn |
| 6 | iHuman | 124.70 Mn | -34.09 Mn | 17.68 Mn |
| 7 | Nerdy | 119.95 Mn | 90.19 Mn | 27.98 Mn |
| 8 | Chegg | 94.28 Mn | 21.96 Mn | 28.28 Mn |
| 9 | Skillsoft | 60.79 Mn | -57.58 Mn | 78.61 Mn |
| 10 | Sunlands Technology | 39.07 Mn | 38.85 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 195.71 Mn |
| Jun 30, 2024 | 481.53 Mn |
| Sep 30, 2023 | 3.60 Mn |
| Jun 30, 2015 | -45,000.00 |
| Mar 31, 2015 | -224,000.00 |
| Dec 31, 2014 | 1.04 Mn |
| Sep 30, 2014 | 319,000.00 |
| Jun 30, 2014 | 238,000.00 |
| Mar 31, 2014 | -41,000.00 |
| Dec 31, 2013 | 12,000.00 |
| Sep 30, 2013 | 117,000.00 |
| Jun 30, 2013 | -17,000.00 |
| Mar 31, 2013 | 94,000.00 |