OverviewSuggest Edit
Instructure is a technology company that is focused on providing cloud-based learning management software for educational institutions, companies, and other organizations. The Company develops Canvas, a learning management application for the education market; and Bridge for the corporate market to enable its customers to develop, deliver and manage face-to-face and online learning experiences.
| Type | Public | |
| Founded | 2008 | |
| HQ | Salt Lake City, US | Map |
| Website | instructure.com | |
| Employee Ratings | More |
Recent NewsAll News
Key People/Management at Instructure
David Burggraaf
SVP, Engineering
Matt Kaminer
SVP, General Counsel & Secretary
Jeff Weber
SVP, People & Places
Zach Wily
Chief Architect
Mitch Benson
SVP, Product
Emily Foote
GM, Practice
Instructure Office Locations
Instructure has offices in Salt Lake City, Chicago, Pleasant Grove, Seattle and in 3 other locations
Salt Lake City, US (HQ)
6330 S 3000 E #700
Chicago, US
130 E Randolph St #2100
Pleasant Grove, US
2100 Pleasant Grove Blvd #600
Seattle, US
720 3rd Ave
Sydney, AU
Level 19, One Wharf Lane, 171 Sussex St
London, GB
2nd Floor, 25 Kingly Street
Instructure Financials and Metrics
Instructure Revenue
Instructure's revenue was reported to be $258.47 m in FY, 2019
| USD | |
|---|---|
Revenue (FY, 2019) | 258.5m |
Gross profit (FY, 2019) | 175.6m |
Gross profit margin (FY, 2019), % | 68% |
Net income (FY, 2019) | (80.8m) |
EBIT (FY, 2019) | (86.0m) |
Market capitalization (30-Mar-2020) | 1.9b |
Closing stock price (30-Mar-2020) | 49.0 |
Cash (31-Dec-2019) | 101.2m |
EV | 1.8b |
Instructure's current market capitalization is $1.9 b.
Annual
Quarterly
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 23.3m | 25.9m | 30.1m | 34.0m | 38.0m | 42.9m | 48.0m | 50.1m | 55.2m | 58.1m | 62.9m | 68.3m |
Cost of goods sold | 7.3m | 7.6m | 8.6m | 9.6m | 11.0m | 12.5m | 14.0m | 14.6m | 16.1m | 18.2m | 20.4m | 21.3m |
Gross profit | 16.0m | 18.3m | 21.5m | 24.4m | 27.1m | 30.5m | 34.0m | 35.5m | 39.1m | 39.9m | 42.4m | 47.0m |
Gross profit Margin, % | 68% | 71% | 71% | 72% | 71% | 71% | 71% | 71% | 71% | 69% | 67% | 69% |
Annual
Quarterly
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 69.7m | 62.0m | 59.0m | 28.3m | 25.7m | 58.7m | 136.7m | 68.0m | 111.0m | 49.3m | 28.7m | 122.2m |
Accounts Receivable | 6.9m | 41.3m | 23.1m | 12.8m | 73.0m | 35.5m | 25.5m | 93.8m | 47.5m | 26.7m | 109.2m | 41.7m |
Prepaid Expenses | 4.9m | 5.0m | 4.6m | 11.0m | 7.7m | 6.9m | 9.5m | 10.1m | 11.1m | 28.6m | 24.3m | 14.3m |
Current Assets | 82.1m | 108.9m | 111.4m | 62.9m | 107.3m | 110.1m | 180.4m | 230.5m | 240.0m | 156.8m | 196.0m | 199.9m |
Annual
Quarterly
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | (13.7m) | (28.3m) | (40.6m) | (12.7m) | (25.7m) | (38.1m) | (11.9m) | (24.4m) | (35.9m) | (16.1m) | (36.9m) | (57.8m) |
Depreciation and Amortization | 989.0k | 2.1m | 3.1m | 1.4m | 3.0m | 4.7m | 2.8m | 5.6m | 8.6m | 3.5m | 8.8m | 14.5m |
Accounts Payable | 515.0k | 1.7m | 4.3m | (1.5m) | 2.2m | 8.2m | 2.1m | 3.0m | 10.2m | 3.1m | 10.6m | 8.9m |
Cash From Operating Activities | (18.8m) | (28.4m) | (6.7m) | (27.7m) | (39.6m) | 3.9m | (12.3m) | (34.4m) | 20.3m | (36.2m) | (50.6m) | 31.6m |
| USD | Q1, 2016 |
|---|---|
Revenue/Employee | 28.7k |
Financial Leverage | 2.9 x |
Instructure Cybersecurity Score
Instructure Revenue Breakdown
Instructure revenue breakdown by geographic segment: 85.7% from United States and 14.3% from Foreign
Instructure Online and Social Media Presence
8.43k Twitter followers
Instructure has 8.43k Twitter Followers. The number of followers has increased 1.5% month over month and increased 4.3% quarter over quarter
Instructure's Trends
Twitter Engagement Stats for @instructure
1.7k
Tweets
492
Following
8.4k
Followers
4
Tweets last 30 days
2
Avg. likes per Tweet
100%
Tweets with engagement
Instructure News and Updates
February 27, 2020
Praesidium cuts Instructure stake amid plans for sale
Praesidium Investment
Management, a vocal critic of Instructure Inc.'s plans
to sell itself to private equity firm Thoma Bravo, said on
Thursday that it cut its stake in the U.S. educational software
company.
February 14, 2020
Some investors cut Instructure stakes amid uncertain future -filings
Instructure Inc's
uncertain future, clouded by a buyout offer that a few
shareholders called too cheap, prompted some investors to shrink
their holdings in the U.S. educational company in the last
months of 2019.
February 14, 2020
Instructure accepts Thoma Bravo's raised takeover bid
Instructure Inc said on
Friday it will sell itself to Thoma Bravo for $49 a share after
the private equity firm twice increased its bid for the U.S.
educational software company within the last two days.
February 14, 2020
Instructure and Thoma Bravo Amend Definitive Merger Agreement to Increase Offer Price to $49.00 Per Share in Cash
SALT LAKE CITY, Feb. 14, 2020 /PRNewswire/ -- Instructure (NYSE: INST) and Thoma Bravo, LLC today announced that they have entered into an amendment to their definitive merger agreement under which Thoma Bravo has increased to $49.00 per share in cash its offer to acquire all outstanding...
February 13, 2020
Instructure Will Adjourn Special Meeting of Instructure Stockholders
SALT LAKE CITY, Feb. 13, 2020 /PRNewswire/ -- Instructure (NYSE: INST) today announced that it will adjourn today's Special Meeting of Instructure Stockholders called to vote on the previously announced definitive merger agreement with Thoma Bravo, LLC to acquire all outstanding common...
January 13, 2020
Instructure says activist investor trying to derail $2 bln Thoma Bravo deal
U.S. educational software company
Instructure Inc said on Monday a certain activist
investor was trying to derail its $2 billion deal with private
equity firm Thoma Bravo.
Instructure Blogs
March 24, 2020
Instructure Closes Deal with Thoma Bravo
Instructure Closes Deal with Thoma Bravo
ltyler
Tue, 03/24/2020 - 18:07
Featured Image
B27A2374_0_0.jpg
Post Summary
We are excited about what Instructure, and the entire Canvas Family, will be able to accomplish for the world of education wi…
March 16, 2020
Instructure Canvas Integrates with Microsoft Teams to Keep Educators, Students, and Administrators Connected
Instructure Canvas Integrates with Microsoft Teams to Keep Educators, Students, and Administrators Connected
ckanaly
Mon, 03/16/2020 - 22:44
Featured Image
TeacherClassTeamsCall_Video (2).png
Post Summary
Teams meetings are integrated directl…
January 24, 2020
My Commitment to You as Chief Customer Experience Officer
ltyler
Fri, 01/24/2020 - 17:35
post_summary
A letter from Melissa Loble, Instructure's newly appointed Chief Customer Experience Officer.
post_feature_img
students-raised-hands.png
post_description
A letter …
December 23, 2019
Diversity in Business: Human Rights
jsmoody
Mon, 12/23/2019 - 22:17
post_summary
At Instructure diversity and inclusion are a must. This blog post dives into human rights and how to treat others with compassion and respect.
post_feature_img
People learning.jpg
…
November 13, 2019
The Impact of Longevity on Lifelong Learning
jsmoody
Wed, 11/13/2019 - 21:05
post_summary
In our partnership with the Stanford Center on Longevity, we’re exploring longevity’s influence on the future of work and education.
post_feature_img
shutterstock_657540856.jpg
…
November 13, 2019
Customer Q & A: How Can Companies Best Support Career Development for Their Employees?
jsmoody
Tue, 11/12/2019 - 17:51
Bridge
Happy National Career Development Month! Throughout the month of November, companies and employees around the nation are celebrating career related activities.
Research shows that one thi…
Instructure Frequently Asked Questions
When was Instructure founded?
Instructure was founded in 2008.
Who are Instructure key executives?
Instructure's key executives are David Burggraaf, Matt Kaminer and Jeff Weber.
How many employees does Instructure have?
Instructure has 1,413 employees.
What is Instructure revenue?
Latest Instructure annual revenue is $258.5 m.
What is Instructure revenue per employee?
Latest Instructure revenue per employee is $182.9 k.
Who are Instructure competitors?
Competitors of Instructure include Motivis Learning, Knewton and Fishtree.
Where is Instructure headquarters?
Instructure headquarters is located at 6330 S 3000 E #700, Salt Lake City.
Where are Instructure offices?
Instructure has offices in Salt Lake City, Chicago, Pleasant Grove, Seattle and in 3 other locations.
How many offices does Instructure have?
Instructure has 8 offices.
Learn about Craft real-time company insights
Receive alerts for 300+ data fields across thousands of companies