Instructure sees organic CAGR 9%-11% from year-end 2023-2028

In investor day presentation slides, Instructure says it sees “growth across multiple vectors powers $1B ARR exit velocity in 2028” and guides to an organic compound annual growth rate, or CAGR, of 9%-11% from year-end 2023-2028, $1B total GAAP revenue by 2028 and adjusted EBITDA margin that expands to “mid 40s” by 2028.