Last quarter (Q4 2023), 2U's total revenue was $255.66M, an increase of 8.31% from the same quarter last year. In Q4, 2U's net income was $-730.93M. See 2U’s key income statements, including revenue, expenses, profit, and income.

Income Statement	TTM	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Total Revenue	$ 945.95M	$ 945.95M	$ 963.08M	$ 945.68M	$ 774.53M	$ 574.67M
Cost of Revenue	$ -204.95M	$ -433.82M	$ -468.15M	$ 448.43M	$ 233.82M	$ 162.16M
Gross Profit	$ 1.15B	$ 1.38B	$ 1.43B	$ 497.26M	$ 540.71M	$ 412.51M
Operating Expense	$ 505.61M	$ 505.61M	$ 585.38M	$ 633.83M	$ 719.65M	$ 588.89M
Operating Income	$ 141.52M	$ -225.80M	$ -258.17M	$ -136.57M	$ -178.94M	$ -176.38M
Net Non Operating Interest Income Expense	$ -72.61M	$ -72.61M	$ -61.07M	$ -49.75M	$ -25.96M	$ -7.62M
Other Income Expense	$ -7.54M	$ 15.44M	$ -390.00K	$ 1.10M	$ -13.10M	$ -71.09M
Pretax Income	$ -315.95M	$ -315.95M	$ -323.05M	$ -195.96M	$ -218.00M	$ -255.08M
Tax Provision	$ 1.65M	$ 1.65M	$ -903.00K	$ -1.20M	$ -1.51M	$ -19.86M
Earnings From Equity Interest Net Of Tax	-	-	-	-	-	-
Net Income Common Stockholders	$ -787.08M	$ -317.61M	$ 614.16M	$ -194.77M	$ -216.48M	$ -235.22M
Basic EPS	$ -3.94	$ -3.93	$ -4.17	$ -2.61	$ -3.22	$ -3.83
Diluted EPS	$ -3.94	$ -3.93	$ -4.17	$ -2.61	$ -3.22	$ -3.83
Basic Average Shares	$ 323.56M	$ 80.89M	$ 77.33M	$ 74.58M	$ 67.14M	$ 61.39M
Diluted Average Shares	$ 323.56M	$ 80.89M	$ 77.33M	$ 74.58M	$ 67.14M	$ 61.39M
Dividend Per Share	-	-	-	-	-	-
Total Operating Income As Reported	-	-	-	-	-	-
Reported Normalized Basic E P S	-	-	-	-	$ -0.97	$ -1.17
Reported Normalized Diluted E P S	-	-	-	-	$ -0.97	$ -1.17
Rent Expense Supplemental	-	-	-	-	-	-
Total Expenses	$ 300.66M	$ 71.79M	$ 1.05B	$ 1.08B	$ 953.47M	$ 751.05M
Net Income From Continuing And Discontinued Operation	$ -317.61M	$ -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	$ -302.58M	$ -302.58M	$ -260.82M	$ -170.24M	$ -190.68M	$ -241.66M
EBITDA	$ -173.61M	$ -173.61M	$ -132.67M	$ -61.79M	$ -94.21M	$ -171.82M

Currency in USD

2U Earnings and Revenue History

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