Chegg (CHGG) Goodwill (2013 - 2024)

Chegg (CHGG) recorded quarterly Goodwill of $189.8 million in Q2 2024, down 69.82% quarter-over-quarter from $628.8 million in Q1 2024, and down 69.86% on a YoY basis from $629.6 million in Q3 2023.

Chegg (CHGG) Goodwill (2013 - 2024) Analysis & Trends

Chegg's Goodwill history runs 12 years deep, the most recent figure standing at $189.8 million for Q2 2024.

  • In Q2 2024, Goodwill fell 69.86% year-over-year to $189.8 million; the TTM figure through Jun 2024 stood at $189.8 million (down 69.86% YoY), while the FY2023 annual figure was $632.0 million, up 2.75% from the prior year.
  • Goodwill was $189.8 million for Q2 2024 at Chegg, down from $628.8 million in the prior quarter.
  • In the past five years, Goodwill ranged from a high of $641.3 million in Q1 2022 to a low of $189.8 million in Q2 2024.
  • Historically, Goodwill has averaged $445.2 million across 5 years, with a median of $440.2 million in 2021.
  • The sharpest annual moves came in 2022 and 2024: Goodwill jumped 120.68% in 2022, then plunged 69.86% in 2024.
  • A 5-year view of Goodwill shows it stood at $285.2 million in 2020, then grew by 1.59% to $289.8 million in 2021, then jumped by 112.27% to $615.1 million in 2022, then advanced by 2.75% to $632.0 million in 2023, then tumbled by 69.97% to $189.8 million in 2024.
  • The last three Goodwill figures came in at $189.8 million (Q2 2024), $628.8 million (Q1 2024), and $632.0 million (Q4 2023), per Business Quant data.

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
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