Chegg (CHGG) Long-Term Deferred Tax (2021 - 2024)
Chegg's Long-Term Deferred Tax came in at $964,000 for Q4 2024, down 99.3% from $141.84 million a year earlier and down 58.2% from the prior quarter.
Analysis
Chegg (CHGG) Long-Term Deferred Tax (2021 - 2024) Analysis & Trends
Going back to Q4 2021, Chegg's Long-Term Deferred Tax data covers 11 quarters.
- Long-Term Deferred Tax carries a three-year compound annual growth rate of -10.9% (FY2021 to FY2024).
- Going back by year, Long-Term Deferred Tax was $141.84 million in FY2023 (-15.3%), $167.52 million in FY2022 and $1.37 million in FY2021.
- The Q4 2024 figure represents the lowest quarterly Long-Term Deferred Tax in data going back to Q4 2021.
- Year-over-year, Long-Term Deferred Tax has declined for six consecutive quarters, with an average decline of 56.4% over the last six quarters.
- Business Quant data shows CHGG's Long-Term Deferred Tax at $2.31 million (Q3 2024), $2.29 million (Q2 2024) and $140.2 million (Q1 2024) in the three quarters before Q4 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - |
| 2 | Veeva Systems | 46.20 Bn | 18.45 Bn | 695.95 Mn |
| 3 | Samsara | 22.32 Bn | 19.09 Bn | 392.58 Mn |
| 4 | Toast | 16.73 Bn | 9.40 Bn | 516.00 Mn |
| 5 | Ptc | 15.53 Bn | 14.35 Bn | 490.47 Mn |
| 6 | Duolingo | 13.32 Bn | 8.49 Bn | 216.74 Mn |
| 7 | Trimble | 13.32 Bn | 12.38 Bn | 674.90 Mn |
| 8 | Manhattan Associates | 11.58 Bn | 10.58 Bn | 168.33 Mn |
| 9 | Costar | 11.10 Bn | 5.07 Bn | 728.00 Mn |
| 10 | Chegg | 79.86 Mn | -80.10 Mn | 28.28 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 |
API Access
Chegg Long-Term Deferred Tax 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=long-term-deferred-tax&ticker=CHGG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "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=long-term-deferred-tax&ticker=CHGG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();