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2U Inc. (TWOU)
NASDAQ:TWOU
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2U (TWOU) Income Statement

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2U Income Statement

Last quarter (Q1 2024), 2U's total revenue was $198.38M, a decrease of -16.82% from the same quarter last year. In Q1, 2U's net income was $-54.65M. See 2U’s key income statements, including revenue, expenses, profit, and income.
Income Statement
TTM
Dec 23Dec 22Dec 21Dec 20Dec 19
Total Revenue
$ 905.83M$ 945.95M$ 963.08M$ 945.68M$ 774.53M$ 574.67M
Cost of Revenue
$ -319.39M$ 257.60M$ -468.15M$ 448.43M$ 233.82M$ 162.16M
Gross Profit
$ 1.23B$ 688.35M$ 1.43B$ 497.26M$ 540.71M$ 412.51M
Operating Expense
$ 504.61M$ 505.61M$ 585.38M$ 633.83M$ 719.65M$ 588.89M
Operating Income
$ 128.94M$ -225.80M$ -258.17M$ -136.57M$ -178.94M$ -176.38M
Net Non Operating Interest Income Expense
$ -73.71M$ -72.61M$ -61.07M$ -49.75M$ -25.96M$ -7.62M
Other Income Expense
$ 5.80M$ 15.44M$ -390.00K$ 1.10M$ -13.10M$ -71.09M
Pretax Income
$ -316.42M$ -315.95M$ -323.05M$ -195.96M$ -218.00M$ -255.08M
Tax Provision
$ 1.77M$ 1.65M$ -903.00K$ -1.20M$ -1.51M$ -19.86M
Earnings From Equity Interest Net Of Tax
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Net Income Common Stockholders
$ -99.19M$ -317.61M$ 614.16M$ -194.77M$ -216.48M$ -235.22M
Basic EPS
$ -3.91$ -3.93$ -4.17$ -2.61$ -3.22$ -3.83
Diluted EPS
$ -3.91$ -3.93$ -4.17$ -2.61$ -3.22$ -3.83
Basic Average Shares
$ 327.70M$ 80.89M$ 77.33M$ 74.58M$ 67.14M$ 61.39M
Diluted Average Shares
$ 327.70M$ 80.89M$ 77.33M$ 74.58M$ 67.14M$ 61.39M
Dividend Per Share
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Total Operating Income As Reported
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Reported Normalized Basic E P S
----$ -0.97$ -1.17
Reported Normalized Diluted E P S
----$ -0.97$ -1.17
Rent Expense Supplemental
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Total Expenses
$ 185.22M$ 71.79M$ 1.05B$ 1.08B$ 953.47M$ 751.05M
Net Income From Continuing And Discontinued Operation
$ -318.19M$ -317.61M$ -322.15M$ -194.77M$ -216.48M$ -235.22M
Normalized Income
$ 25.22M$ -1.03M--$ -203.48M$ -170.32M
Interest Expense
----$ 27.32M$ 13.42M
EBIT
$ -196.28M$ -241.38M$ -260.82M$ -170.24M$ -190.68M$ -241.66M
EBITDA
$ -69.36M$ -126.06M$ -132.67M$ -61.79M$ -94.21M$ -171.82M
Currency in USD

2U Earnings and Revenue History

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