Instructure INST
EdTech Vertical SaaS B2B SaaS Enterprise Software Cloud-based Software

Instructure trades at 6.2x EV/NTM revenue on a $4.43B enterprise value. Revenue grew 28.3% year over year to $173.2M in the quarter ending September 2024, an annual run rate of $692.0M. Instructure reports a 66.1% gross margin and 25.3-month CAC payback.

ARR ($M)
640
Net Dollar Retention
--
ARR Growth
30.1%
EV / NTM Revenue
6.2x
Payback Period
25.3
EV / Run Rate
6.4x
Price & Key Metrics
Price Performance
Company Details
Share Price: 23.6
Last Filing Date: 2024-09-30
Fiscal Year End: 12-31
Last Filing: Form
Founding Year: 2008
IPO Year: 2021
Description
Instructure is an educational technology company that develops Canvas learning management system, which is a comprehensive cloud-native software package that competes with such systems as Blackboard Learning System, Moodle, D2L and Sakai Project.
Categories
EdTech Vertical SaaS B2B SaaS Enterprise Software Cloud-based Software
Valuation
Market Cap: 3,471.308
Enterprise Value: 4,428.831
EV / Revenue Run Rate: 6.4x
EV / NTM Revenue: 6.2x
EV / 2026 Revenue Estimates: --
EV / 2027 Revenue Estimates: --
EV / 2028 Revenue Estimates: --
Key Business Metrics
Net Dollar Retention: --
Customers: --
ARR: 640
ARR Growth %: 30%
ARR/Customer ($K): --
ARR/Employee ($K): 427
Revenue
Revenue Run Rate: 692
ARR: 640
2026 Revenue Estimates: --
2027 Revenue Estimates: --
2028 Revenue Estimates: --
LTM Revenue: 634
Last Year Run Rate: 539
Growth
Revenue Growth: 28%
ARR Growth: 30%
Growth Persistence: 278%
2026 Revenue Growth Estimates: --
2027 Revenue Growth Estimates: --
2028 Revenue Growth Estimates: --
Financials
Quarterly
Calendar Year
Frequently Asked Questions

How fast is Instructure growing?

Instructure grew revenue 28.3% year over year, reaching $173.2M in the quarter ending September 2024.

What multiple does Instructure trade at?

Instructure trades at 6.2x EV/NTM revenue and 6.4x EV/run-rate, on an enterprise value of $4.43B.

Is Instructure profitable?

For Instructure, operating income was -$11.9M last quarter and LTM free cash flow margin is 20.8%.

How long does it take Instructure to pay back CAC?

Instructure recovers customer acquisition cost in about 25.3 months.

What sector is Instructure in?

Public Comps classifies Instructure under EdTech, Vertical SaaS, B2B SaaS, Enterprise Software, and Cloud-based Software.

Where does Public Comps get Instructure's data?

Figures come from Instructure's own SEC filings, normalised into a consistent quarterly format and refreshed after each earnings release.