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| 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 |