2U (TWOUQ) Tax Rate % : 0.01% (As of Jun. 2024)

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What is 2U Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. 2U's Tax Expense for the three months ended in Jun. 2024 was $-0.0 Mil. 2U's Pre-Tax Income for the three months ended in Jun. 2024 was $-452.5 Mil. Therefore, 2U's Tax Rate % for the quarter that ended in Jun. 2024 was 0.01%.

2U Tax Rate % Historical Data

The historical data trend for 2U's Tax Rate % 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.

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2U Tax Rate % Chart

2U Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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7.79

0.69

0.61

0.28

-0.52

2U Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Tax Rate %	Get a 7-Day Free Trial															-0.12	-0.23	-2.97	-0.43	0.01

2U Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

2U's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	1.654	/	-315.953
	=	-0.52 %

2U's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2024 )	/	Pre-Tax Income (Q: Jun. 2024 )
	=	-0.04	/	-452.48
	=	0.01 %

2U Tax Rate % Related Terms

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2U Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » 2U Inc (OTCPK:TWOUQ) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

7900 Harkins Road, Lanham, MD, USA, 20706

Website

https://www.2u.com

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 a cloud-based software-as-a-service platform and various technology-enabled services such as learning technology, live class application monitoring, content development, and marketing, among others that help its clients to reach students globally. It is organized into two reportable business segments: the Degree Program segment and the 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