Chegg (CHGG) Goodwill (2013 - 2024)
Chegg (CHGG) recorded Goodwill of $189.77 million in Q2 2024, down 69.9% from $629.56 million a year earlier and down 69.8% from the prior quarter.
Powered by 
Analysis
Chegg (CHGG) Goodwill (2013 - 2024) Analysis & Trends
At the end of FY2023, Chegg reported Goodwill of $632 million, up 2.7% from FY2022.
- Annual Goodwill has increased for eight straight years, with a five-year compound annual growth rate of 33.4% (FY2018 to FY2023).
- Across earlier years, Goodwill came in at $615.09 million in FY2022 (+112.3%), $289.76 million in FY2021 (+1.6%), $285.21 million in FY2020 (+33.0%) and $214.51 million in FY2019 (+43.5%).
- The Q2 2024 figure is the lowest quarterly Goodwill since Q3 2019.
- On a year-over-year basis, Goodwill rose in six of the last eight quarters, with growth averaging 19.1%.
- Peak year-over-year performance for Goodwill in the last five years was growth of 120.7% in Q1 2022, against a decline of 69.9% in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $628.78 million (Q1 2024), $632 million (Q4 2023) and $617.69 million (Q3 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn |
| 10 | Chegg | 78.75 Mn | -81.21 Mn | 28.28 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 189.77 Mn |
| Mar 31, 2024 | 628.78 Mn |
| Dec 31, 2023 | 632.00 Mn |
| Sep 30, 2023 | 617.69 Mn |
| Jun 30, 2023 | 629.56 Mn |
| Mar 31, 2023 | 622.68 Mn |
| Dec 31, 2022 | 615.09 Mn |
| Sep 30, 2022 | 589.70 Mn |
| Jun 30, 2022 | 616.65 Mn |
| Mar 31, 2022 | 641.28 Mn |
| Dec 31, 2021 | 289.76 Mn |
| Sep 30, 2021 | 290.50 Mn |
| Jun 30, 2021 | 290.73 Mn |
| Mar 31, 2021 | 290.60 Mn |
| Dec 31, 2020 | 285.21 Mn |
| Sep 30, 2020 | 284.81 Mn |
| Jun 30, 2020 | 284.68 Mn |
| Mar 31, 2020 | 214.32 Mn |
| Dec 31, 2019 | 214.51 Mn |
| Sep 30, 2019 | 149.07 Mn |
API Access
Chegg Goodwill API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=goodwill&ticker=CHGG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill", "ticker": "CHGG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=goodwill&ticker=CHGG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();