2U, Inc. financial data

Symbol
TWOU on Nasdaq
Industry
Services-Prepackaged Software
Location
7900 Harkins Road, Lanham, Maryland
State of incorporation
Delaware
Fiscal year end
December 31
Former names
2tor, Inc. (to 4/6/2012)
Latest financial report
Q1 2024 - May 2, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 84.1 % -16.8%
Debt-to-equity 537 % +104%
Return On Equity -136 % -179%
Return On Assets -21.3 % -59.2%
Operating Margin -25.7 % -46%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 84.2 M shares +4.65%
Common Stock, Shares, Outstanding 83.6 M shares +5.07%
Entity Public Float 280 M USD -54.2%
Common Stock, Value, Issued 84 K USD +5%
Weighted Average Number of Shares Outstanding, Basic 83.4 M shares +5.22%
Weighted Average Number of Shares Outstanding, Diluted 83.4 M shares +5.22%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 906 M USD -4.47%
Selling and Marketing Expense 362 M USD -7.58%
General and Administrative Expense 133 M USD -10.3%
Costs and Expenses 1.14 B USD +2.1%
Operating Income (Loss) -233 M USD -39.4%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -316 M USD -26.1%
Income Tax Expense (Benefit) 1.77 M USD +106%
Net Income (Loss) Attributable to Parent -318 M USD -27.1%
Earnings Per Share, Basic -3.9 USD/shares -21.9%
Earnings Per Share, Diluted -3.9 USD/shares -21.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 125 M USD +32.4%
Accounts Receivable, after Allowance for Credit Loss, Current 67.2 M USD -7.66%
Assets, Current 259 M USD +0.55%
Property, Plant and Equipment, Net 38 M USD -14%
Operating Lease, Right-of-Use Asset 61.8 M USD -11.7%
Intangible Assets, Net (Excluding Goodwill) 357 M USD -33%
Goodwill 650 M USD -11.2%
Other Assets, Noncurrent 51.7 M USD -29.4%
Assets 1.43 B USD -16.9%
Contract with Customer, Liability, Current 102 M USD -11%
Liabilities, Current 285 M USD -9.28%
Deferred Income Tax Liabilities, Net 317 K USD +8.19%
Operating Lease, Liability, Noncurrent 79.7 M USD -16.3%
Other Liabilities, Noncurrent 1.14 M USD -37.1%
Liabilities 1.26 B USD -0.1%
Accumulated Other Comprehensive Income (Loss), Net of Tax -26.8 M USD -17.8%
Retained Earnings (Accumulated Deficit) -1.55 B USD -25.8%
Stockholders' Equity Attributable to Parent 169 M USD -63.3%
Liabilities and Equity 1.43 B USD -16.9%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 72.2 M USD +163%
Net Cash Provided by (Used in) Financing Activities -827 K USD +99.1%
Net Cash Provided by (Used in) Investing Activities -7.31 M USD +38.1%
Common Stock, Shares Authorized 200 M shares 0%
Common Stock, Shares, Issued 83.6 M shares +5.07%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 64 M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 137 M USD +25.8%
Interest Paid, Excluding Capitalized Interest, Operating Activities 16 M USD +15.1%
Deferred Tax Assets, Valuation Allowance 338 M USD +21.6%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Operating Lease, Liability 94.2 M USD -14%
Depreciation 10.6 M USD -6.2%
Payments to Acquire Property, Plant, and Equipment 176 K USD -85.6%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -322 M USD -21.8%
Lessee, Operating Lease, Liability, to be Paid 130 M USD -17%
Property, Plant and Equipment, Gross 87.7 M USD -2.18%
Operating Lease, Liability, Current 14.5 M USD +1.03%
Lessee, Operating Lease, Liability, to be Paid, Year Two 21 M USD +1.83%
Lessee, Operating Lease, Liability, to be Paid, Year One 20.4 M USD -16.2%
Operating Lease, Weighted Average Discount Rate, Percent 0.11 pure 0%
Deferred Income Tax Expense (Benefit) 1.21 M USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 36.3 M USD -23.8%
Lessee, Operating Lease, Liability, to be Paid, Year Three 21.6 M USD +1.84%
Preferred Stock, Shares Issued 0 shares
Current Income Tax Expense (Benefit) 448 K USD -27.4%
Preferred Stock, Shares Authorized 5 M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 17.1 M USD -21.5%
Operating Lease, Payments 6.1 M USD +1.67%
Additional Paid in Capital 1.75 B USD +1.82%
Amortization of Intangible Assets 99.6 M USD -11.6%
Depreciation, Depletion and Amortization 110 M USD -11.1%
Deferred Tax Assets, Net of Valuation Allowance 11.7 M USD -69.5%
Share-based Payment Arrangement, Expense 30.4 M USD -56.7%
Interest Expense 75.9 M USD +14.5%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%