2U is a cloud-based Software-as-a-Service platform providing schools with the comprehensive operating infrastructure they need to attract, enroll, educate, support, and graduate students globally. Blending live face-to-face classes, dynamic course content, and real-world learning experiences, 2U’s No Back Row approach ensures that every student can experience the high-quality university education for the most successful outcome. The platform partners with universities to offer online degree programs.
2U supplies universities with the tools, expertise, capital, and global recruiting needed to compete in a space currently dominated by unexceptional programs, while developing state-of-the-art technology platforms that enhance traditional offline curricula to create transformative instruction using the best educational and Web 2.0 technologies. The platform provides the vital logistical components of any online program, including comprehensive student support services from enrollment through graduation and beyond as well as practical learning experiences within distant communities around the country.
Company Growth (employees)
Type
Public
HQ
Hyattsville, US
Founded
2008
Size (employees)
1,119 (est)
Website
2U.com
2U was founded in 2008 and is headquartered in Hyattsville, US

Key People/Management at 2U

Catherine Graham

Catherine Graham

Chief Financial Officer
Chip Paucek

Chip Paucek

CEO & Co-Founder
Rob Cohen

Rob Cohen

EVP
Andrew Hermalyn

Andrew Hermalyn

EVP

2U Office Locations

2U has an office in Hyattsville
Hyattsville, US (HQ)
8201 Corporate Dr

2U Financials and Metrics

2U Financials

2U's revenue was reported to be $64.8 m in Q1, 2017
USD

Revenue (Q1, 2017)

64.8 m

Gross profit (Q1, 2017)

53.9 m

Gross profit margin (Q1, 2017), %

83%

Net income (Q1, 2017)

(3.4 m)

EBIT (Q1, 2017)

(3.6 m)

Market capitalization (20-Oct-2017)

2.9 b

Cash (31-Mar-2017)

142.9 m
2U's current market capitalization is $2.9 b.
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

30.8 m43.3 m205.9 m

Revenue growth, %

41%376%

Cost of goods sold

7 m8.7 m41 m

Gross profit

23.7 m34.5 m164.9 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

24.7 m28.4 m34.6 m35.2 m37.1 m47.4 m49.1 m52 m64.8 m

Cost of goods sold

7 m6.6 m7.6 m7.9 m7.8 m9.5 m10.3 m10.4 m10.9 m

Gross profit

17.7 m21.8 m27.1 m27.3 m29.2 m37.9 m38.9 m41.6 m53.9 m

Gross profit Margin, %

72%77%78%78%79%80%79%80%83%
USDY, 2011Y, 2012Y, 2013FY, 2014FY, 2015FY, 2016

Cash

24 m25.2 m7 m86.9 m183.7 m168.7 m

Accounts Receivable

350 k975 k7.9 m

Inventories

7.4 m5 m

Current Assets

90 m192.9 m184.7 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

104.8 m80.6 m83.1 m88.2 m175.3 m186.7 m188.3 m156.9 m142.9 m

Accounts Receivable

655 k10 m4.3 m4.4 m12.7 m1.3 m5.2 m21 m28.7 m

Current Assets

108.2 m93.8 m93.3 m96.6 m194.4 m197.3 m201.8 m185.9 m180.7 m

PP&E

5.7 m5.8 m6.9 m7.4 m7.8 m3.6 m4 m7.8 m29.7 m
USDFY, 2014FY, 2015FY, 2016

Net Income

(4 m)(3.4 m)(20.7 m)

Depreciation and Amortization

5.6 m7.2 m9.8 m

Accounts Receivable

1.5 m(625 k)(6.9 m)

Inventories

(45.1 m)5.2 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(10.6 m)(7.3 m)(5.5 m)(9.6 m)(8.2 m)(3.4 m)(8.3 m)(6.8 m)(3.4 m)

Accounts Receivable

655 k10 m4.3 m4.4 m12.7 m1.3 m5.2 m21 m28.7 m

Accounts Payable

4.1 m4.7 m7.1 m2.8 m4.3 m6.4 m5.6 m4.8 m10.8 m
USDY, 2017

Revenue/Employee

57.9 k

Financial Leverage

1.3 x
Show all financial metrics

2U Operating Metrics

2U's Customers was reported to be 17 in FY, 2016
Q1, 2014Q2, 2014Q3, 2014Q4, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015FY, 2015Q2, 2016Q3, 2016Q4, 2016FY, 2016Q1, 2017

Average Revenue per Full Course Equivalent Enrollment

$2.69 k$2.65 k$2.73 k$2.67 k$2.69 k$2.64 k$2.6 k$2.68 k$2.62 k$2.63 k$2.68 k$2.61 k$2.65 k$2.66 k$2.72 k

Full Course Equivalent Enrollments

9.81 k9.33 k10.39 k11.51 k41.03 k13.09 k13.56 k13.84 k16.53 k57.02 k17.71 k18.82 k21.69 k77.34 k23.86 k

Students

12.3 k17.5 k24 k

Customers

1117
Show all operating metrics

2U Market Value History

2U Job Categories

Traffic Overview of 2U

2U Online and Social Media Presence

2U News and Updates

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2U Company Life and Culture

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