Chegg (CHGG) Long-Term Deferred Tax (2021 - 2024)

Chegg (CHGG) recorded quarterly Long-Term Deferred Tax of $964000.0 in Q4 2024, down 58.23% quarter-over-quarter from $2.3 million in Q3 2024, and down 99.32% on a YoY basis from $141.8 million in Q1 2024.

Chegg (CHGG) Long-Term Deferred Tax (2021 - 2024) Analysis & Trends

Chegg's Long-Term Deferred Tax history runs 4 years deep, the most recent figure standing at $964000.0 for Q4 2024.

  • In Q4 2024, Long-Term Deferred Tax fell 99.32% year-over-year to $964000.0; the TTM figure through Dec 2024 stood at $964000.0 (down 99.32% YoY), while the FY2024 annual figure was $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.
  • In the past five years, Long-Term Deferred Tax ranged from a high of $167.5 million in Q4 2022 to a low of $964000.0 in Q4 2024.
  • Historically, Long-Term Deferred Tax has averaged $98.2 million across 4 years, with a median of $141.8 million in 2023.
  • The sharpest annual moves came in 2022 and 2024: Long-Term Deferred Tax surged 12172.82% in 2022, then plunged 99.32% in 2024.
  • A 4-year view of Long-Term Deferred Tax shows it stood at $1.4 million in 2021, then soared by 12172.82% to $167.5 million in 2022, then retreated by 15.33% to $141.8 million in 2023, then slumped 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 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
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