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

Chegg (CHGG) posted quarterly Long-Term Deferred Tax of $964000.0 for Q4 2024, down 99.32% year-over-year from $141.8 million in Q1 2024, and down 58.23% quarter-over-quarter from $2.3 million in Q3 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 for Q4 2024 stood at $964000.0, 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.
  • The 4-year median for Long-Term Deferred Tax is $141.8 million (2023), against an average of $98.2 million.
  • The sharpest annual moves came in 2022 and 2024: Long-Term Deferred Tax jumped 12172.82% in 2022, then tumbled 99.32% in 2024.
  • Chegg's Long-Term Deferred Tax stood at $1.4 million in 2021, then surged by 12172.82% to $167.5 million in 2022, then fell by 15.33% to $141.8 million in 2023, then sank by 99.32% to $964000.0 in 2024.
  • Business Quant data shows CHGG's Long-Term Deferred Tax at $964000.0 in Q4 2024, $2.3 million in Q3 2024, and $2.3 million in Q2 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 New Oriental Education & Technology 82.68 Bn 81.02 Bn 812.22 Mn
2 Laureate Education 5.15 Bn 4.99 Bn 237.67 Mn
3 Graham Holdings 5.00 Bn 3.79 Bn 777.03 Mn
4 Covista 4.48 Bn 4.48 Bn 284.63 Mn
5 Youdao 4.15 Bn 4.08 Bn 87.31 Mn
6 Grand Canyon Education 3.81 Bn 3.54 Bn 204.08 Mn
7 Stride 3.47 Bn 2.51 Bn 217.28 Mn
8 McGraw Hill 2.59 Bn 2.34 Bn 388.89 Mn
9 TAL Education 2.14 Bn -1,233.59 Bn 227.32 Mn
10 Chegg 87.62 Mn 15.31 Mn 28.28 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