CHEGG, INC
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|
| Revenue | $255.1M | $254.1M | $301.4M | $304.8M | $255.6M | $213.3M |
| Cost of Revenue | $80.2M | $119.6M | $189.8M | $211.0M | $175.1M | $145.7M |
| Gross Profit | $174.9M | $134.5M | $111.5M | $93.8M | $80.5M | $67.7M |
| Gross Margin | 68.6% | 52.9% | 37.0% | 30.8% | 31.5% | 31.7% |
| Operating Expenses | ||||||
| Research & Development | $81.9M | $66.3M | $59.4M | $49.4M | $41.9M | $39.3M |
| SG&A Expense | $64.4M | $55.4M | $45.2M | $41.8M | $40.5M | $25.1M |
| Operating Income | $-19.0M | $-40.1M | $-57.7M | $-65.1M | $-51.0M | $-45.3M |
| Operating Margin | -7.4% | -15.8% | -19.1% | -21.4% | -20.0% | -21.2% |
| Interest Expense | — | — | — | $317.0K | $3.8M | $4.4M |
| Pretax Income | $-18.5M | $-40.5M | $-57.7M | $-64.6M | $-55.2M | $-49.0M |
| Income Tax Expense | $1.8M | $1.7M | $1.5M | $186.0K | $642.0K | $29.0K |
| Net Income | $-20.3M | $-42.2M | $-59.2M | $-64.8M | $-55.9M | $-49.0M |
| Net Margin | -8.0% | -16.6% | -19.6% | -21.2% | -21.9% | -23.0% |
| EPS (Basic) | $-0.20 | $-0.47 | $-0.68 | $-0.78 | $-1.90 | $-1.10 |
| EPS (Diluted) | $-0.20 | $-0.47 | $-0.68 | $-0.78 | $-1.90 | $-1.10 |
| Shares Outstanding (Basic) | 109.7M | 90.5M | 86.8M | 83.2M | 84.5M | 48.5M |
| Shares Outstanding (Diluted) | 109.7M | 90.5M | 86.8M | 83.2M | 84.5M | 48.5M |
| Dividends Per Share | — | — | — | — | — | — |