2U partners with universities to build, administer, and market online degree programs. They supply universities with the tools, expertise, capital, and global recruiting needed to compete in a space currently dominated by unexceptional programs. 2U develops state-of-the-art technology platforms that enhance traditional offline curricula to create transformative instruction using the best educational and Web 2.0 technologies. 2U 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)+24%
Website
2U.com
2U was founded in 2008 and is headquartered in Hyattsville, US

Key People 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)
190 8201 Corporate Dr

2U Metrics

2U Financial Metrics

Revenue (2016)

$205.9 m

Revenue growth (2015-16), %

376%

Gross profit

$164.9 m

Gross profit margin (2016), %

80%

Net income (2016)

($20.7 m)

Market capitalization (21-Mar-2017)

$1.8 b

Closing share price (21-Mar-2017)

$37.9

Cash (31-Dec-2016)

$168.7 m
2U's current market capitalization is $1.8 b.
2U's revenue was reported to be $205.9 m in FY, 2016 which is a 376% increase from the previous period.
FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$30.8 m$43.3 m$205.9 m

Revenue growth, %

41%376%

Cost of goods sold

$7 m$8.7 m$41 m

Gross profit

$23.7 m$34.5 m$164.9 m

Gross profit Margin, %

77%80%80%

Sales and marketing expense

$16.3 m$20.2 m$106.6 m

R&D expense

$5.4 m$7.5 m$33.3 m

General and administrative expense

$6 m$10.1 m$46 m

Operating expense total

$34.7 m$46.6 m$226.9 m

EBIT

($3.9 m)($3.3 m)($21 m)

EBIT margin, %

(13%)(8%)(10%)

Interest expense

$73 k($27 k)($119 k)($173 k)($35 k)

Interest income

$30 k$94 k$383 k

Pre tax profit

($20.7 m)

Net Income

($4 m)($3.4 m)($20.7 m)
Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

$24 m$25.2 m$7 m$86.9 m$183.7 m$168.7 m

Accounts Receivable

$14.5 m$10.5 m

Inventories

$7.4 m$5 m

Current Assets

$90 m$192.9 m$184.7 m

PP&E

$6.8 m$8.1 m$15.6 m

Total Assets

$113 m$231 m$244.3 m

Accounts Payable

$4.8 m$2 m

Current Liabilities

$23.8 m$32.6 m$41.1 m

Non-Current Liabilities

$2.7 m$8 m

Total Liabilities

$35.3 m$49.1 m

Common Stock

$47 k

Additional Paid-in Capital

$216.8 m$351.3 m$371.5 m

Retained Earnings

($128.8 m)($155.6 m)($176.3 m)

Total Equity

$88 m$195.8 m$195.2 m

Financial Leverage

1.3 x1.2 x1.3 x
FY, 2014FY, 2015FY, 2016

Net Income

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

Depreciation and Amortization

$5.6 m$7.2 m$9.8 m

Accounts Receivable

($62.3 m)($10.8 m)

Inventories

($45.1 m)$5.2 m

Accounts Payable

$328 k

Cash From Operating Activities

$79.9 m$96.8 m$5.2 m

Purchases of PP&E

($4.1 m)($7.6 m)

Capital Expenditures

($16.7 m)

Cash From Investing Activities

($11 m)($15.9 m)($24.5 m)

Long-term Borrowings

($5 m)($5 m)($5 m)

Cash From Financing Activities

$102.6 m$122 m$4.3 m

Free Cash Flow

($11.5 m)

2U Market Value History

2U Online Presence

2U Company Life

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