Duolingo Inc. (DUOL)
NASDAQ: DUOL
· Real-Time Price · USD
328.09
-1.79 (-0.54%)
At close: Aug 15, 2025, 9:59 AM
Duolingo Income Statement
Financials in USD. Fiscal
year is
January - December.
| Fiscal Year | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
| Period Ending | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 |
Revenue | 252.26M | 230.74M | 209.55M | 192.59M | 178.33M | 167.55M | 150.99M | 137.62M | 126.84M | 115.66M | 103.82M | 96.06M | 88.39M | 81.22M | 73.01M | 63.59M | 58.8M | 55.36M |
Cost of Revenue | 69.68M | 66.65M | 58.92M | 52.18M | 48.65M | 46.42M | 41.8M | 36.25M | 33.79M | 31.49M | 27.77M | 26.3M | 23.87M | 21.49M | 19.95M | 18.08M | 16.14M | 15.02M |
Gross Profit | 182.58M | 164.1M | 150.63M | 140.41M | 129.68M | 121.14M | 109.19M | 101.37M | 93.05M | 84.17M | 76.05M | 69.76M | 64.52M | 59.73M | 53.06M | 45.52M | 42.67M | 40.34M |
Operating Income | 34.05M | 23.59M | 13.88M | 13.57M | 19.04M | 16.44M | 4.79M | -4.67M | -4.87M | -8.52M | -18.15M | -20.16M | -15.03M | -11.85M | -17.41M | -28.7M | -478K | -13.41M |
Interest Income | 11.43M | 10.41M | 10.7M | 11.25M | 10.72M | 10.03M | 9.28M | 8.63M | 7.54M | 5.64M | 4.27M | 2.26M | 669K | 33K | n/a | n/a | n/a | n/a |
Pretax Income | 46.45M | 35.01M | 22.35M | 25.39M | 28.71M | 25.85M | 15.13M | 2.93M | 2.41M | -2.7M | -13.21M | -18.39M | -14.9M | -12.13M | -17.41M | -28.92M | -175K | -13.46M |
Net Income | 44.78M | 35.13M | 13.91M | 23.36M | 24.35M | 26.96M | 12.12M | 2.81M | 3.73M | -2.58M | -13.93M | -18.45M | -15.04M | -12.15M | -17.52M | -28.97M | -176K | -13.47M |
Selling & General & Admin | 75.55M | 70.11M | 70.35M | 63.96M | 57.13M | 55.05M | 55.36M | 55.73M | 49.97M | 46.84M | 49.74M | 47.95M | 45.33M | 41.8M | 40.46M | 44.87M | 21.2M | 31.23M |
Research & Development | 73.67M | 70.39M | 66.39M | 62.88M | 54.65M | 50.44M | 49.84M | 50.3M | 47.95M | 45.84M | 44.47M | 41.98M | 34.22M | 29.78M | 30.02M | 29.34M | 21.94M | 22.53M |
Other Expenses | n/a | n/a | n/a | n/a | -707K | -621K | n/a | -1.02M | -268K | 182K | 665K | n/a | 130K | -279K | 6K | -219K | 303K | -41K |
Operating Expenses | 149.22M | 140.5M | 136.74M | 126.84M | 110.64M | 104.7M | 104.39M | 106.04M | 97.92M | 92.69M | 94.21M | 89.92M | 79.55M | 71.58M | 70.48M | 74.22M | 43.14M | 53.76M |
Interest Expense | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 4.27M | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
Selling & Marketing Expenses | 29.56M | 26.66M | 24.82M | 25.57M | 20.17M | 19.93M | 19.12M | 22.34M | 17.73M | 16.6M | 19.03M | 17.72M | 15.28M | 14.94M | 14.51M | 15.27M | 9.62M | 19.77M |
Cost & Expenses | 218.9M | 207.15M | 195.67M | 179.02M | 159.29M | 151.11M | 146.19M | 142.29M | 131.7M | 124.18M | 121.98M | 116.23M | 103.42M | 93.07M | 90.43M | 92.3M | 59.28M | 68.77M |
Income Tax Expense | 1.67M | -125K | 8.45M | 2.03M | 4.36M | -1.1M | 3.02M | 125K | -1.31M | -116K | 716K | 53K | 141K | 28K | 108K | 51K | 1K | 17K |
Shares Outstanding (Basic) | 45.61M | 45.71M | 45.71M | 47.67M | 43.26M | 42.78M | 42.53M | 41.72M | 41.22M | 40.62M | 40.36M | 39.75M | 39.27M | 38.59M | 37.84M | 29.53M | 35.89M | 31.99M |
Shares Outstanding (Diluted) | 49.8M | 49.5M | 44.94M | 49.6M | 47.77M | 47.35M | 49M | 46.95M | 46.87M | 40.62M | 40.36M | 39.75M | 39.27M | 38.59M | 38.08M | 29.53M | 35.89M | 31.99M |
EPS (Basic) | 0.98 | 0.78 | 0.31 | 0.49 | 0.56 | 0.63 | 0.28 | 0.07 | 0.09 | -0.06 | -0.35 | -0.46 | -0.38 | -0.31 | -0.46 | -0.98 | -0.00 | -0.42 |
EPS (Diluted) | 0.91 | 0.72 | 0.31 | 0.47 | 0.51 | 0.57 | 0.25 | 0.06 | 0.08 | -0.06 | -0.35 | -0.46 | -0.38 | -0.31 | -0.46 | -0.98 | -0.00 | -0.42 |
EBITDA | 49.89M | 27.18M | 26.01M | 13.57M | 21.28M | 18.51M | 6.84M | -2.9M | -3.12M | -6.64M | -16.59M | -18.5M | -13.86M | -11.07M | -16.66M | -27.97M | 158K | -12.86M |
EBIT | 46.45M | 23.59M | 4.47M | 13.57M | 18.7M | 25.85M | 4.79M | -4.67M | -4.87M | -8.52M | -18.15M | -20.16M | -15.03M | -11.85M | -17.41M | -28.7M | -478K | -13.46M |
Depreciation & Amortization | 3.44M | 3.59M | 3.66M | 2.88M | 2.24M | 2.07M | 2.04M | 1.66M | 1.63M | 1.76M | 1.44M | 1.48M | 1.17M | 774K | 757K | 733K | 636K | 600K |