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Chegg (CHGG) Research & Development : $175.1 Mil (TTM As of Sep. 2024)


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What is Chegg Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Chegg's Research & Development for the three months ended in Sep. 2024 was $41.3 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2024 was $175.1 Mil.

Chegg Research & Development Historical Data

The historical data trend for Chegg's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Chegg Research & Development Chart

Chegg Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 139.77 170.91 178.82 196.64 191.71

Chegg Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 46.20 45.72 44.44 43.65 41.34

Chegg Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $175.1 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Chegg  (NYSE:CHGG) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Chegg Research & Development Related Terms

Thank you for viewing the detailed overview of Chegg's Research & Development provided by GuruFocus.com. Please click on the following links to see related term pages.

Chegg Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Chegg Inc (NYSE:CHGG) » Definitions » Research & Development
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Traded in Other Exchanges
CHGG:Mexico 0A4Z:UK 0CG:Germany
Address
3990 Freedom Circle, Santa Clara, CA, USA, 95054
Website
https://www.chegg.com
Chegg Inc is an American educational services company. The Chegg platform provides products and services to support learners with their academic course materials, as well as their career and personal skills development. The company's service and product offerings fall into two categories: Subscription Services, which encompasses Chegg Study Pack, Chegg Study, Chegg Writing, Chegg Math, and Busuu offerings that can be accessed internationally through the company's websites and on mobile devices, and Skills and Other, which encompasses skills, advertising services, print textbooks, and eTextbooks offerings.
Executives
Nathan J. Schultz officer: Chief Content Officer C/O CHEGG, INC., 3990 FREEDOM CIRCLE, SANTA CLARA CA 95054
Andrew J Brown officer: Chief Financial Officer C/O PALMONE, INC., 400 N. MCCARTHY BLVD., MILPITAS CA 95035
Esther Lem officer: Chief Marketing Officer C/O CHEGG, INC., 3990 FREEDOM CIRCLE, SANTA CLARA CA 95054
Paul Leblanc director 3990 FREEDOM CIRCLE, SANTA CLARA CA 95054
Marcela Martin director C/O SQUARESPACE, INC., 225 VARICK STREET, 12TH FLOOR, NEW YORK NY 10014
David Longo officer: Chief Accounting Officer 3990 FREEDOM DR, SANTA CLARA CA 95054
Ted Schlein director, 10 percent owner 2750 DANS HILL ROAD, MENLO PARK CA 94025
Daniel Rosensweig director, officer: President, CEO & Chairman C/O YAHOO INC, 701 FIRST AVE, SUNNYVALE CA 94089
John Paul Fillmore officer: CHIEF BUSINESS OFFICER 3990 FREEDOM CIRCLE, SANTA CLARA CA 95054
Sarah Bond director C/O ZUORA, INC., 101 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065
Robin Tomasello officer: VP, CORPORATE CONTROLLER C/O SENTINELONE, INC., 444 CASTRO ST., SUITE 400, MOUNTAIN VIEW CA 94041
John E. York director C/O CHEGG, INC., 3990 FREEDOM CIRCLE, SANTA CLARA CA 95054
Richard Sarnoff director C/O AUDIBLE INC, 65 WILLOWBROOK BLVD, WAYNE NJ 07470
Marne L. Levine director C/O CHEGG, INC., 3990 FREEDOM CIRCLE, SANTA CLARA CA 95054
Michael A. Osier officer: Chief Information Officer C/O CHEGG, INC., 3990 FREEDOM CIRCLE, SANTA CLARA CA 95054