2U, Inc.

TWOU · NASDAQ
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6/30/2024
3/31/2024
12/31/2023
9/30/2023
Revenue$180,683$198,377$255,661$229,699
% Growth-8.9%-22.4%11.3%
Cost of Goods Sold$0$78,663$57,339$63,627
Gross Profit$180,683$119,714$198,322$166,072
% Margin100%60.3%77.6%72.3%
R&D Expenses$32,062$12,895$40,607$45,877
G&A Expenses$41,985$39,702$23,972$36,801
SG&A Expenses$123,753$129,414$103,788$133,057
Sales & Mktg Exp.$81,768$89,712$79,816$96,256
Other Operating Expenses$0$0$751-$1,585
Operating Expenses$155,815$142,309$144,395$178,934
Operating Income-$432,040-$22,595$53,927-$26,947
% Margin-239.1%-11.4%21.1%-11.7%
Other Income/Exp. Net-$20,440-$31,821-$95,151-$20,389
Pre-Tax Income-$452,480-$54,416-$41,224-$47,336
Tax Expense-$40$233$1,224$107
Net Income-$452,440-$54,649-$42,448-$47,443
% Margin-250.4%-27.5%-16.6%-20.7%
EPS-161.3-19.65-15.5-17.46
% Growth-720.9%-26.8%11.2%
EPS Diluted-161.3-19.65-15.5-17.46
Weighted Avg Shares Out2,8052,7822,7382,717
Weighted Avg Shares Out Dil2,8052,7822,7382,717
Supplemental Information
Interest Income$364$577$862$363
Interest Expense$19,376$19,267$19,533$19,167
Depreciation & Amortization$0$25,886$28,476$29,498
EBITDA-$432,040-$10,463$6,785$1,329
% Margin-239.1%-5.3%2.7%0.6%
2U, Inc. (TWOU) Financial Statements & Key Stats | AlphaPilot