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2U (TWOU) Other Gross PPE

: $136.2 Mil (As of Dec. 2023)
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2U's Other Gross PPE for the quarter that ended in Dec. 2023 was $136.2 Mil.

2U's quarterly Other Gross PPE declined from Jun. 2023 ($110.2 Mil) to Sep. 2023 ($107.7 Mil) but then increased from Sep. 2023 ($107.7 Mil) to Dec. 2023 ($136.2 Mil).

2U's annual Other Gross PPE increased from Dec. 2021 ($134.8 Mil) to Dec. 2022 ($139.5 Mil) but then declined from Dec. 2022 ($139.5 Mil) to Dec. 2023 ($136.2 Mil).


2U Other Gross PPE Historical Data

The historical data trend for 2U's Other Gross PPE can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

2U Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Gross PPE
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 93.86 119.23 134.81 139.55 136.15

2U Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Other Gross PPE Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 139.55 114.19 110.19 107.68 136.15

2U Other Gross PPE Calculation

GuruFocus lists Land And Improvements, Buildings And Improvements, Machinery, Furniture, Equipment, Construction In Progress and Other Gross PPE under the "Gross Property, Plant and Equipment" section.


2U (TWOU) Business Description

Traded in Other Exchanges
Address
7900 Harkins Road, Lanham, MD, USA, 20706
2U Inc provides educational technology services for nonprofit colleges and universities. It builds, delivers, and monitors educational platforms that enable online delivery of degree programs and alternative credentials such as short technical courses. The company provides cloud-based software-as-a-service platform and various technology-enabled services such as learning technology, live class application monitoring, content development, marketing, among others that help its clients to reach students globally. It is organized in two reportable business segments: Degree Program segment and Alternative Credential segment. The vast majority of revenue comes from the company's Degree Program segment, and most of the company's revenue is earned in the United States.
Executives
Aaron Mccullough officer: CHIEF PRODUCT OFFICER C/O 2U, INC., 7900 HARKINS ROAD, LANHAM MD 20706
Edward S. Macias director C/O 2U, INC., 8201 CORPORATE DRIVE, SUITE 900, LANDOVER MD 20785
Gregory K Peters director C/O NETFLIX, INC., 121 ALBRIGHT WAY, LOS GATOS CA 95032
Christopher J Paucek director, officer: Chief Executive Officer 7900 HARKINS ROAD, LANHAM MD 20706
Paul A Maeder director C/O HIGHLAND CAPITAL PARTNERS, HIGH ST TOWER 125 HIGH ST, BOSTON MA 02110
Alexis Maybank director C/O 2U, INC., 7900 HARKINS ROAD, LANHAM MD 20706
James Kenigsberg officer: Chief Technology Officer C/O 2U, INC., 7900 HARKINS ROAD, LANHAM MD 20706
Matthew J. Norden officer: Co-General Counsel C/O 2U, INC., 7900 HARKINS ROAD, LANHAM MD 20706
Mark Chernis director 2315 BROADWAY, NEW YORK NY 10024
Paul S Lalljie officer: Chief Financial Officer 7900 HARKINS ROAD, LANHAM MD 20706
John M Larson director 2895 GREENSPOINT PARKWAY, SUITE 600, HOFFMAN ESTATES IL 60195
Robert M Stavis director 211 HOMMOCKS ROAD, LARCHMONT NY 10538
John B. Ellis officer: Chief Accounting Officer THREE GLENLAKE PKWY., ATLANTA GA 30328
Earl Lewis director C/O 2U, INC., 8201 CORPORATE DRIVE, LANDOVER MD 20785
Timothy M Haley director 3000 SAND HILL ROAD, 2-290, MENLO PARK CA 94025