D2L Overview

  • Year Founded
  • 1999

Year Founded

  • Status
  • Public

  • Employees
  • 1,256

Employees

  • Stock Symbol
  • DTOL

Stock Symbol

  • Investments
  • 10

  • Share Price
  • $8.40
  • (As of Thursday Closing)

D2L General Information

Description

D2L Inc is a learning innovation company. It provides cloud-based learning software for higher education institutions, kindergarten to grade 12 (K-12) schools and districts, and private sector enterprises. The company serves K-12, higher education, associations, and the corporate sector. Its product includes D2L Brightspace and D2L Wave. Geographically, It operates in United States, Canada and Rest of the World, where it derives maximum revenue from United States.

Contact Information

Website
www.d2l.com
Formerly Known As
Desire2Learn
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Corporate Office
  • 137 Glasgow Street
  • Suite 560
  • Kitchener, Ontario N2G 4X8
  • Canada
+1 (519)
Primary Industry
Education and Training Services (B2B)
Other Industries
Educational Software
Stock Exchange
TSE
Vertical(s)
SaaS, TMT, EdTech, Mobile
Corporate Office
  • 137 Glasgow Street
  • Suite 560
  • Kitchener, Ontario N2G 4X8
  • Canada
+1 (519)

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D2L Stock Performance

As of 12-Nov-2026, D2L’s stock price is $8.40. Its current market cap is $441M with 52.5M shares.

(As of Thursday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$8.40 $8.50 $5.16 - $12.97 $441M 52.5M 31.8K $0.02

D2L Financials Summary

As of 31-Jul-2026, D2L has a trailing 12-month revenue of $223M.

In Thousands,
USD 		TTM 31-Jul-2026 FY 2026 31-Jan-2026 FY 2025 31-Jan-2025 FY 2024 31-Jan-2024
EV 266,084 337,338 618,553 286,984
Revenue 222,562 217,471 205,276 182,380
EBITDA 9,505 16,722 10,806 (3,930)
Net Income 1,620 8,964 25,722 (3,542)
Total Assets 227,311 251,924 232,921 197,124
Total Debt 10,752 11,759 11,180 12,710
Public Fundamental Data provided by Morningstar, Inc. disclaimer

D2L Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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D2L Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
D2L Inc is a learning innovation company. It provides cloud-based learning software for higher education institutions, k
Education and Training Services (B2B)
Kitchener, Canada
1,256 As of 2026

Folsom, CA
 

Salt Lake City, UT
 
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D2L Competitors (11)

One of D2L’s 11 competitors is PowerSchool Holdings, a Private Equity-Backed company based in Folsom, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
PowerSchool Holdings Private Equity-Backed Folsom, CA
Instructure Private Equity-Backed Salt Lake City, UT
SkillSoft Formerly PE-Backed Nashua, NH
upGrad KnowledgeHut Formerly VC-backed Bengaluru, India
OpenSesame Private Equity-Backed Austin, TX
You’re viewing 5 of 11 competitors. Get the full list »

D2L Patents

  • 322

    Total Documents Applications and Grants

  • Total Patents Families

  • 250

    Granted

  • 26

    Pending

  • Expiring in next 12 mo

D2L Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20250322473-A1 Method and system for course assessment in a learning management system Pending 29-Dec-2023
US-20250117723-A1 Method and system for course assessment in a learning management system Pending 10-Oct-2023
US-20250078193-A1 Method and system for course registration in a learning management system Pending 01-Sep-2023
US-20250078030-A1 Method and system for crowd sourcing in an academic environment Pending 01-Sep-2023
US-20250029301-A1 Method and system for hotspot configuration in a learning management system Pending 21-Jul-2023 G06T11/60
To view D2L’s complete patent history, request access »

D2L Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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D2L Investments & Acquisitions (10)

D2L’s most recent deal was a Merger/Acquisition with H5P Group for . The deal was made on 09-Jul-2024.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
H5P Group 09-Jul-2024 Merger/Acquisition Business/Productivity Software
Connected Shopping 09-May-2023 Merger/Acquisition Application Software
Bayfield Design 03-Aug-2021 Merger/Acquisition Educational and Training Services (B2C)
Achievement Standards Network 03-Mar-2014 Merger/Acquisition Educational Software
Knowillage Systems 09-Sep-2013 Merger/Acquisition Educational Software
You’re viewing 5 of 10 investments and acquisitions. Get the full list »

D2L ESG

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

Rank

Percentile

Software & Services

Industry

Rank

Percentile

Internet Software and Services

Subindustry

Rank

Percentile

To view D2L’s complete esg history, request access »

D2L Exits (1)

D2L’s most recent exit was on 21-Jan-2003 from Yacast. The exit was categorized as with 4 buyers.

Company Name Exit Date Exit Type Exit Size Status Buyers
Yacast 21-Jan-2003 Completed
  • 4 buyers
To view D2L’s complete exits history, request access »

D2L Affiliates

Subsidiaries (2)

Name Industry Location Year Founded
H5P Group Tromso, Norway 2014
Achievement Standards Network Kitchener, Canada 2003

D2L FAQs

  • When was D2L founded?

    D2L was founded in 1999.

  • Where is D2L headquartered?

    D2L is headquartered in Kitchener, Canada.

  • What is the size of D2L?

    D2L has 1,256 total employees.

  • What industry is D2L in?

    D2L’s primary industry is Education and Training Services (B2B).

  • Is D2L a private or public company?

    D2L is a Public company.

  • What is D2L’s stock symbol?

    The ticker symbol for D2L is DTOL.

  • What is the current stock price of D2L?

    As of 12-Nov-2026 the stock price of D2L is $8.40.

  • What is the current market cap of D2L?

    The current market capitalization of D2L is $441M.

  • What is D2L’s current revenue?

    The trailing twelve month revenue for D2L is $223M.

  • Who are D2L’s competitors?

    PowerSchool Holdings, Instructure, SkillSoft, upGrad KnowledgeHut, and OpenSesame are some of the 11 competitors of D2L.

  • What is D2L’s annual earnings per share (EPS)?

    D2L’s EPS for 12 months was $0.02.

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