2U provides cloud-based software-as-a-service (SaaS) solutions for nonprofit colleges and universities to deliver education to students. Its cloud-based SaaS platform solutions include online campus and an online learning platform. The Company's integrated back-end applications launch, operate, and support clients' programs, as well as provide clients with real-time data and analytical insight related to student performance and engagement, student satisfaction, and enrollment.
Company Growth (employees)
Type
Public
HQ
Lanham, US
Founded
2008
Size (employees)
1,119 (est)
Website
2U.com
2U was founded in 2008 and is headquartered in Lanham, US

Key People/Management at 2U

Catherine Graham

Catherine Graham

Chief Financial Officer
James Kenigsberg

James Kenigsberg

Chief Technology Officer
Chip Paucek

Chip Paucek

CEO & Co-Founder
Rob Cohen

Rob Cohen

EVP, Strategic Projects
Andrew Hermalyn

Andrew Hermalyn

Division Head, 2UGrad
Rani Hammond

Rani Hammond

Chief People Officer

2U Office Locations

2U has offices in Lanham, Hyattsville, Brooklyn, Los Angeles and in 3 other locations
Lanham, US (HQ)
7900 Harkins Rd
Chapel Hill, US
1210 Environ Way
Denver, US
707 17th St, Suite 2300
Hyattsville, US
8201 Corporate Dr
Los Angeles, US
1150 S. Olive Street, Suite 2050
Hong Kong, HK
506 Energy Plaza 92 Granville Road
Show all (7)

2U Financials and Metrics

2U Financials

2U's revenue was reported to be $205.9 m in FY, 2016
USD

Revenue (Q2, 2017)

65 m

Gross profit (Q2, 2017)

51.5 m

Gross profit margin (Q2, 2017), %

79%

Net income (Q2, 2017)

(11.8 m)

EBIT (Q2, 2017)

(10.8 m)

Market capitalization (22-Dec-2017)

3.1 b

Cash (30-Jun-2017)

37.4 k
2U's current market capitalization is $3.1 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
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

26.3 m24.7 m28.4 m34.6 m35.2 m37.1 m47.4 m49.1 m52 m64.8 m65 m

Cost of goods sold

6.2 m7 m6.6 m7.6 m7.9 m7.8 m9.5 m10.3 m10.4 m10.9 m13.5 m

Gross profit

20.1 m17.7 m21.8 m27.1 m27.3 m29.2 m37.9 m38.9 m41.6 m53.9 m51.5 m

Gross profit Margin, %

76%72%77%78%78%79%80%79%80%83%79%
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
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

5.7 m104.8 m80.6 m83.1 m88.2 m175.3 m186.7 m188.3 m156.9 m142.9 m37.4 k

Accounts Receivable

632 k655 k10 m4.3 m4.4 m12.7 m1.3 m5.2 m21 m28.7 m23.4 k

Current Assets

9.5 m108.2 m93.8 m93.3 m96.6 m194.4 m197.3 m201.8 m185.9 m180.7 m170.5 k

PP&E

5.7 m5.7 m5.8 m6.9 m7.4 m7.8 m3.6 m4 m7.8 m29.7 m34.4 k
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
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(7.1 m)(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
Y, 2017

Financial Leverage

1.4 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's Web-traffic and Trends

2U Online and Social Media Presence

2U News and Updates

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2U Company Life and Culture

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