Duolingo, Inc. (DUOL)
NASDAQ: DUOL · Real-Time Price · USD
101.86
+0.32 (0.32%)
Mar 6, 2026, 4:00 PM EST - Market closed
Duolingo Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2019 |
|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | 2020 - 2019 |
| Revenue | 1,038 | 748.02 | 531.11 | 369.5 | 250.77 | Upgrade
|
| Revenue Growth (YoY) | 38.71% | 40.84% | 43.74% | 47.34% | 55.09% | Upgrade
|
| Cost of Revenue | 288.13 | 203.65 | 142.11 | 99.43 | 69.19 | Upgrade
|
| Gross Profit | 749.46 | 544.38 | 389 | 270.06 | 181.59 | Upgrade
|
| Selling, General & Admin | 304.7 | 245.51 | 207.91 | 184.82 | 137.76 | Upgrade
|
| Research & Development | 303.53 | 235.06 | 194.35 | 150.44 | 103.83 | Upgrade
|
| Operating Expenses | 608.22 | 480.57 | 402.26 | 335.26 | 241.59 | Upgrade
|
| Operating Income | 141.24 | 63.81 | -13.26 | -65.2 | -60.01 | Upgrade
|
| Interest & Investment Income | 45.23 | 42.7 | 31.09 | 7.24 | 0.02 | Upgrade
|
| Currency Exchange Gain (Loss) | 1.61 | -2.99 | -0.06 | -0.68 | 0.03 | Upgrade
|
| EBT Excluding Unusual Items | 188.08 | 103.52 | 17.78 | -58.64 | -59.96 | Upgrade
|
| Merger & Restructuring Charges | -4.85 | -0.77 | - | - | - | Upgrade
|
| Asset Writedown | - | -0.24 | - | - | - | Upgrade
|
| Other Unusual Items | -0.82 | -0.2 | - | - | - | Upgrade
|
| Pretax Income | 182.41 | 102.31 | 17.78 | -58.64 | -59.96 | Upgrade
|
| Income Tax Expense | -231.66 | 13.73 | 1.71 | 0.94 | 0.18 | Upgrade
|
| Net Income | 414.07 | 88.57 | 16.07 | -59.57 | -60.14 | Upgrade
|
| Net Income to Common | 414.07 | 88.57 | 16.07 | -59.57 | -60.14 | Upgrade
|
| Net Income Growth | 367.48% | 451.28% | - | - | - | Upgrade
|
| Shares Outstanding (Basic) | 46 | 44 | 41 | 39 | 23 | Upgrade
|
| Shares Outstanding (Diluted) | 48 | 47 | 47 | 39 | 23 | Upgrade
|
| Shares Change (YoY) | 2.56% | 1.24% | 17.87% | 68.44% | 84.00% | Upgrade
|
| EPS (Basic) | 9.05 | 2.04 | 0.39 | -1.51 | -2.57 | Upgrade
|
| EPS (Diluted) | 8.57 | 1.88 | 0.35 | -1.51 | -2.57 | Upgrade
|
| EPS Growth | 355.85% | 437.14% | - | - | - | Upgrade
|
| Free Cash Flow | 369.73 | 273.4 | 150.42 | 48.09 | 5.58 | Upgrade
|
| Free Cash Flow Per Share | 7.65 | 5.80 | 3.23 | 1.22 | 0.24 | Upgrade
|
| Gross Margin | 72.23% | 72.78% | 73.24% | 73.09% | 72.41% | Upgrade
|
| Operating Margin | 13.61% | 8.53% | -2.50% | -17.64% | -23.93% | Upgrade
|
| Profit Margin | 39.91% | 11.84% | 3.02% | -16.12% | -23.98% | Upgrade
|
| Free Cash Flow Margin | 35.63% | 36.55% | 28.32% | 13.02% | 2.23% | Upgrade
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| EBITDA | 155.63 | 74.66 | -6.16 | -60.33 | -57.28 | Upgrade
|
| EBITDA Margin | 15.00% | 9.98% | -1.16% | -16.33% | -22.84% | Upgrade
|
| D&A For EBITDA | 14.39 | 10.85 | 7.1 | 4.87 | 2.73 | Upgrade
|
| EBIT | 141.24 | 63.81 | -13.26 | -65.2 | -60.01 | Upgrade
|
| EBIT Margin | 13.61% | 8.53% | -2.50% | -17.64% | -23.93% | Upgrade
|
| Effective Tax Rate | - | 13.42% | 9.62% | - | - | Upgrade
|
| Advertising Expenses | 86.87 | 62.37 | 52.97 | 48.11 | 42.96 | Upgrade
|
Source: S&P Capital IQ. Standard template. Financial Sources.