2U, Inc.

TWOU · NASDAQ
Analyze with AI
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenue$945,953$963,080$945,682$774,533
% Growth-1.8%1.8%22.1%
Cost of Goods Sold$257,602$277,683$269,365$233,819
Gross Profit$688,351$685,397$676,317$540,714
% Margin72.8%71.2%71.5%69.8%
R&D Expenses$176,218$190,472$179,061$155,949
G&A Expenses$132,680$159,418$208,598$173,526
SG&A Expenses$504,809$581,565$664,694$563,700
Sales & Mktg Exp.$372,129$422,147$456,096$390,174
Other Operating Expenses$0-$3,815$0-$1,429
Operating Expenses$681,027$772,037$843,755$719,649
Operating Income$7,324-$89,290-$167,438-$178,935
% Margin0.8%-9.3%-17.7%-23.1%
Other Income/Exp. Net-$90,150-$64,884-$28,524-$39,063
Pre-Tax Income-$315,953-$323,054-$195,962-$217,998
Tax Expense$1,654-$903-$1,196-$1,514
Net Income-$317,607-$322,151-$194,766-$216,484
% 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 Out2,6962,5782,4862,238
Weighted Avg Shares Out Dil2,6962,5782,4862,238
Supplemental Information
Interest Income$1,961$1,165$1,475$1,354
Interest Expense$74,573$62,234$51,222$27,317
Depreciation & Amortization$119,000$149,173$127,381$96,469
EBITDA-$225,803-$258,170-$25,257-$94,212
% Margin-23.9%-26.8%-2.7%-12.2%