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
DateValue
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