Duolingo Inc.

NASDAQ: DUOL · Real-Time Price · USD
330.34
2.41 (0.73%)
At close: Aug 14, 2025, 3:59 PM
332.26
0.58%
After-hours: Aug 14, 2025, 07:59 PM EDT

Duolingo Income Statement

Financials in USD. Fiscal year is January - December.
Fiscal Year FY 2024 FY 2023 FY 2022 FY 2021
Period Ending Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Revenue
748.02M 531.11M 369.5M 250.77M
Cost of Revenue
203.65M 142.1M 99.43M 69.19M
Gross Profit
544.38M 389M 270.06M 181.59M
Operating Income
62.59M -13.26M -65.19M -60.01M
Interest Income
42.7M 31.09M 7.24M 19K
Pretax Income
102.31M 17.78M -58.64M -59.96M
Net Income
88.57M 16.07M -59.57M -60.13M
Selling & General & Admin
246.49M 207.91M 184.81M 137.76M
Research & Development
235.3M 194.35M 150.44M 103.83M
Other Expenses
n/a n/a -676K 49K
Operating Expenses
481.78M 402.26M 335.26M 241.59M
Interest Expense
n/a n/a n/a n/a
Selling & Marketing Expenses
90.49M 75.79M 66.97M 59.17M
Cost & Expenses
685.43M 544.37M 434.69M 310.78M
Income Tax Expense
13.73M 1.71M 938K 177K
Shares Outstanding (Basic)
43.5M 46.52M 39.47M 38.27M
Shares Outstanding (Diluted)
47.1M 46.52M 39.47M 38.27M
EPS (Basic)
2.04 0.35 -1.51 -1.57
EPS (Diluted)
1.88 0.35 -1.51 -1.57
EBITDA
113.16M -5.83M -60.03M -57.28M
EBIT
102.31M -13.26M -65.19M -60.01M
Depreciation & Amortization
10.85M 7.09M 4.87M 2.73M