Income statement waterfall. Green diagonal stripes add to the running result, red diagonal stripes subtract from it, and a thin axis line marks the loss-zone boundary.
- Revenue: $51.85M. Running result $51.85M. Academic Services: $34.32M. Chegg Skilling: $17.53M.
- Cost of revenue: −$23.57M. Running result $28.28M.
- Gross profit: $28.28M. Running result $28.28M.
- Research and development: −$7.4M. Running result $20.88M.
- Sales and marketing: −$9.47M. Running result $11.42M.
- General and administrative: −$14.59M. Running result −$3.18M.
- Impairment expense: $0. Running result −$3.18M.
- Operating income: −$3.18M. Running result −$3.18M.
- Other income: $616K. Running result −$2.56M.
- Pre-tax loss: −$2.56M. Running result −$2.56M.
- Income tax expense: −$392K. Running result −$2.95M.
- Net loss: −$2.95M. Running result −$2.95M.