Duolingo Inc.

NASDAQ: DUOL · Real-Time Price · USD
330.34
0.46 (0.14%)
At close: Aug 15, 2025, 10:23 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
885.15M 811.21M 748.02M 689.46M 634.49M 583M 531.11M 483.95M 442.39M 403.94M 369.5M 338.69M 306.21M 276.63M 250.77M 226.03M 207.74M 188.94M
Cost of Revenue
247.44M 226.4M 206.17M 189.04M 173.12M 158.26M 143.33M 129.3M 119.35M 109.43M 99.43M 91.61M 83.39M 75.66M 69.19M 62.1M 57.12M 52.79M
Gross Profit
637.72M 584.81M 541.85M 500.41M 461.37M 424.74M 387.77M 354.64M 323.04M 294.5M 270.06M 247.07M 222.83M 200.97M 181.59M 163.93M 150.62M 136.15M
Operating Income
85.1M 70.09M 62.93M 53.84M 35.6M 11.7M -13.26M -36.21M -51.7M -61.87M -65.19M -64.46M -73M -58.44M -60.01M -53.16M -27.53M -26.97M
Interest Income
43.78M 43.08M 42.7M 41.28M 38.66M 35.48M 31.09M 26.08M 19.71M 12.84M 7.24M 2.96M 702K 33K n/a n/a n/a n/a
Pretax Income
129.2M 111.47M 102.31M 95.09M 72.63M 46.33M 17.78M -10.57M -31.89M -49.21M -58.64M -62.83M -73.36M -58.63M -59.96M -52.93M -27.17M -26.94M
Net Income
117.18M 96.75M 88.57M 86.78M 66.23M 45.6M 16.07M -9.98M -31.23M -50M -59.57M -63.16M -73.69M -58.82M -60.13M -53.02M -27.23M -27.02M
Selling & General & Admin
279.97M 261.55M 246.49M 231.5M 223.27M 216.11M 207.91M 202.28M 194.5M 189.86M 184.81M 175.54M 172.46M 148.33M 137.76M 127.83M 102.34M 97.14M
Research & Development
273.33M 254.31M 234.36M 217.8M 205.23M 198.53M 193.93M 188.57M 180.24M 166.51M 150.44M 135.99M 123.36M 111.08M 103.83M 89.26M 75.81M 65.98M
Other Expenses
n/a -707K -1.33M -1.33M -2.35M -1.91M -1.11M -444K 579K 977K 516K -143K -362K -189K 49K 230K 363K 29K
Operating Expenses
553.3M 514.73M 478.92M 446.57M 425.77M 413.04M 401.03M 390.85M 374.74M 356.37M 335.26M 311.53M 295.82M 259.42M 241.59M 217.09M 178.15M 163.12M
Interest Expense
n/a n/a n/a n/a n/a n/a n/a 4.27M 4.27M 4.27M 4.27M n/a n/a n/a n/a n/a n/a n/a
Selling & Marketing Expenses
106.61M 97.22M 90.49M 84.8M 81.56M 79.12M 75.79M 75.7M 71.08M 68.63M 66.97M 62.45M 59.99M 54.34M 59.17M 54.36M 50.24M 49.24M
Cost & Expenses
800.74M 741.13M 685.09M 635.61M 598.89M 571.3M 544.37M 520.15M 494.09M 465.8M 434.69M 403.14M 379.21M 335.07M 310.78M 279.19M 235.27M 215.91M
Income Tax Expense
12.02M 14.71M 13.73M 8.3M 6.4M 721K 1.71M -590K -662K 794K 938K 330K 328K 188K 177K 92K 64K 74K
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)
2.56 2.14 1.99 1.96 1.54 1.07 0.37 -0.26 -0.78 -1.25 -1.5 -1.61 -2.13 -1.75 -1.86 -1.73 -0.85 -0.85
EPS (Diluted)
2.41 2.01 1.86 1.80 1.39 0.96 0.33 -0.27 -0.79 -1.25 -1.5 -1.61 -2.13 -1.75 -1.86 -1.73 -0.85 -0.85
EBITDA
116.66M 88.05M 79.38M 60.2M 43.73M 19.33M -5.83M -29.25M -44.85M -55.6M -60.03M -60.1M -69.56M -55.54M -57.32M -50.63M -25.1M -24.55M
EBIT
88.09M 60.34M 62.59M 62.92M 44.68M 21.11M -13.26M -36.21M -51.7M -61.87M -65.19M -64.46M -73M -58.44M -60.05M -53.2M -27.57M -27.01M
Depreciation & Amortization
13.57M 12.37M 10.85M 9.23M 8.02M 7.41M 7.09M 6.5M 6.32M 5.86M 4.87M 4.18M 3.43M 2.9M 2.73M 2.58M 2.47M 2.46M