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2U revenue
2U's revenue is $946.0 million.
What is 2U's revenue?
- 2U's revenue growth from 2013 to 2023 is 1,037.96%.
- 2U has 3,772 employees, and the revenue per employee ratio is $250,782.
- 2U's peak quarterly revenue was $255.7M in 2023(q4).
- 2U peak revenue was $963.1M in 2022.
- 2U annual revenue for 2022 was 963.1M, 1.84% growth from 2021.
- 2U annual revenue for 2023 was 946.0M, -1.78% growth from 2022.
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2U historical revenue
2U's peak revenue was $963.1M in 2022. The peak quarterly revenue was $255.7M in 2023(q4).
2U's revenue increased from $83.1m in 2013 to $946.0M currently. That's a 1,037.96% change in annual revenue.
2U annual revenue
2U annual revenue over time
| Fiscal year / year | 2U revenue |
|---|---|
| 2013 | $83.1M |
| 2014 | $110.2M |
| 2015 | $150.2M |
| 2016 | $205.9M |
| 2017 | $286.8M |
| 2018 | $411.8M |
| 2019 | $574.7M |
| 2020 | $774.5M |
| 2021 | $945.7M |
| 2022 | $963.1M |
| 2023 | $946.0M |
How accurately did 2U's revenue projections match actual performance?
2U annual growth
2U saw the greatest revenue growth in 2018, when revenue increased by 43.6%.
2U had the lowest revenue growth in 2022, when revenue changed by 1.84%.
2U annual growth rate over time
| Year | 2U growth |
|---|---|
| 2014 | 33%↑ |
| 2015 | 36%↑ |
| 2016 | 37%↑ |
| 2017 | 39%↑ |
| 2018 | 44%↑ |
| 2019 | 40%↑ |
| 2020 | 35%↑ |
| 2021 | 22%↑ |
| 2022 | 2%↑ |
| 2023 | -2%↓ |
2U quarterly revenue over time
- Q1
- Q2
- Q3
- Q4
2U quarterly growth rate over time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2013 | - | - | - | $24.8M |
| 2014 | $26.3M | $24.7M | $28.4M | $30.8M |
| 2015 | $34.6M | $35.2M | $37.1M | $43.3M |
| 2016 | $47.4M | $49.1M | $52.0M | $57.4M |
| 2017 | $64.8M | $65.0M | $70.3M | $86.7M |
| 2018 | $92.3M | $97.4M | $107.0M | $115.1M |
| 2019 | $122.2M | $135.5M | $153.8M | $163.2M |
| 2020 | $175.5M | $182.7M | $201.1M | $215.3M |
| 2021 | $232.5M | $237.2M | $232.4M | $243.6M |
| 2022 | $253.3M | $241.5M | $232.2M | $236.0M |
| 2023 | $238.5M | $222.1M | $229.7M | $255.7M |
| 2024 | $198.4M | $180.7M | - | - |
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2U financial information
| CEO | Chip Paucek |
| Industry | Software & Services |
| Company Type | Public |
| Employees Number | 3,772 |
| Date Founded | 2008 |
| Headquarters | Lanham, Maryland |
| Number of Locations | 8 |
| Revenue | $946.0M |
| Net Income | -$322,151,000 |
| Gross Proft | $512.1M (2023) |
| PE Ratio | -10.56 |
| Tax Rate | -0.0% |
| Market Capitalization | $3.4B |
| Total Assets | $1,810,859,000 |
| Ticker | TWOU |
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2U financing
2U received early financing of $2.3M on 2009-03-25.
| Series | Round size | Date |
|---|---|---|
| Seed | $2.3M | 03/2009 |
| Series A | $10M | 06/2009 |
| Series B | $20M | 02/2010 |
| Series C | $32.5M | 03/2011 |
| Series D | $26M | 04/2012 |
| Series D | $5.1M | 10/2013 |
| Post Ipo Equity | $331M | 06/2018 |
2U investors
| Investors | Security type |
|---|---|
| Novak Biddle Venture Partners | Series A |
| City Light Capital | Series A |
| Redpoint Ventures | Series A |
| Highland Capital Partners | Series B |
| Novak Biddle Venture Partners | Series B |
| City Light Capital | Series B |
| Redpoint Ventures | Series B |
| Highland Capital Partners | Series C |
| Novak Biddle Venture Partners | Series C |
| City Light Capital | Series C |
| QED Investors | Series C |
| Redpoint Ventures | Series C |
| Bessemer Venture Partners | Series C |
| Highland Capital Partners | Series D |
| Novak Biddle Venture Partners | Series D |
| City Light Capital | Series D |
| QED Investors | Series D |
| Redpoint Ventures | Series D |
| Bessemer Venture Partners | Series D |
| Hillman Ventures Inc | Series D |
| Highland Capital Partners | Series D |
| 137 Ventures | Series D |
| Redpoint Ventures | Series D |
| Bessemer Venture Partners | Series D |
| Rethink Education | Series D |
2U competitors
2U's top competitor, Alphabet, earned an annual revenue of $350.0B.
2U's smallest competitor is Clockwork with revenue of $360.0K last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Intuit | $106,118 | $16.3B | 10,600 | 1,175 |
| Sun Gard Data Systems Inc | $77,042 | $5.0B | 13,000 | - |
| $135,189 | $3.0B | 15,000 | 491 | |
| Boston Consulting Group | $107,566 | $7.5B | 22,000 | 294 |
| Square | $119,615 | $24.1B | 3,835 | 9 |
| Blackboard | $54,164 | $700.0M | 3,000 | - |
| TheStreet | $94,020 | $62.5M | 800 | - |
| Verizon Communications | $58,561 | $134.8B | 132,200 | 47 |
| Chegg | $88,241 | $617.6M | 1,087 | - |
| Alphabet | $58,794 | $350.0B | 156,301 | 3 |
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Zippia gives an in-depth look into the details of 2U, including salaries, political affiliations, employee data, and more, in order to inform job seekers about 2U. The employee data is based on information from people who have self-reported their past or current employments at 2U. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by 2U. The data presented on this page does not represent the view of 2U and its employees or that of Zippia.
2U may also be known as or be related to 2Tor Inc. (2008–2012), 2U, 2U Inc, 2U Inc., 2U, Inc., 2u and 2u, Inc.