2U, Inc.

TWOU · NASDAQ
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12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenue$946$963$946$775
% Growth-1.8%1.8%22.1%
Cost of Goods Sold$258$278$269$234
Gross Profit$688$685$676$541
% Margin72.8%71.2%71.5%69.8%
R&D Expenses$176$190$179$156
G&A Expenses$133$159$209$174
SG&A Expenses$505$582$665$564
Sales & Mktg Exp.$372$422$456$390
Other Operating Expenses$0-$4$0-$1
Operating Expenses$681$772$844$720
Operating Income$7-$89-$167-$179
% Margin0.8%-9.3%-17.7%-23.1%
Other Income/Exp. Net-$90-$65-$29-$39
Pre-Tax Income-$316-$323-$196-$218
Tax Expense$2-$1-$1-$2
Net Income-$318-$322-$195-$216
% Margin-33.6%-33.5%-20.6%-28%
EPS-117.79-124.98-78.35-96.73
% Growth5.8%-59.5%19%
EPS Diluted-117.79-124.98-78.35-96.73
Weighted Avg Shares Out3322
Weighted Avg Shares Out Dil3322
Supplemental Information
Interest Income$2$1$1$1
Interest Expense$75$62$51$27
Depreciation & Amortization$119$149$127$96
EBITDA-$226-$258-$25-$94
% Margin-23.9%-26.8%-2.7%-12.2%