Chegg (CHGG) Long-Term Deferred Tax (2021 - 2024)
Chegg (CHGG) posted Long-Term Deferred Tax of $964000.0 for Q4 2024, down 58.23% on a QoQ basis from $2.3 million in Q3 2024, and down 99.32% year-over-year from $141.8 million in Q1 2024.
Analysis
Chegg (CHGG) Long-Term Deferred Tax (2021 - 2024) Analysis & Trends
Chegg has reported Long-Term Deferred Tax for 4 years, with the latest figure at $964000.0 in Q4 2024.
- On a quarterly basis, Long-Term Deferred Tax fell 99.32% year-over-year to $964000.0 in Q4 2024; TTM through Dec 2024 was $964000.0, a 99.32% decrease from a year earlier, with the FY2024 full-year figure at $964000.0, down 99.32% from the prior year.
- Long-Term Deferred Tax was $964000.0 for Q4 2024 at Chegg, down from $2.3 million in the prior quarter.
- The five-year high for Long-Term Deferred Tax was $167.5 million in Q4 2022, with the low at $964000.0 in Q4 2024.
- Average Long-Term Deferred Tax over 4 years is $98.2 million, with a median of $141.8 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2024: Long-Term Deferred Tax soared 12172.82% in 2022, then tumbled 99.32% in 2024.
- Over 4 years, Long-Term Deferred Tax stood at $1.4 million in 2021, then jumped by 12172.82% to $167.5 million in 2022, then decreased by 15.33% to $141.8 million in 2023, then sank by 99.32% to $964000.0 in 2024.
- The last three Long-Term Deferred Tax figures came in at $964000.0 (Q4 2024), $2.3 million (Q3 2024), and $2.3 million (Q2 2024), per Business Quant data.
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 |
|---|---|
| Dec 31, 2024 | 964,000.00 |
| Sep 30, 2024 | 2.31 Mn |
| Jun 30, 2024 | 2.29 Mn |
| Mar 31, 2024 | 140.20 Mn |
| Dec 31, 2023 | 141.84 Mn |
| Sep 30, 2023 | 145.81 Mn |
| Jun 30, 2023 | 146.79 Mn |
| Mar 31, 2023 | 163.78 Mn |
| Dec 31, 2022 | 167.52 Mn |
| Sep 30, 2022 | 166.97 Mn |
| Dec 31, 2021 | 1.37 Mn |