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DUOL Stock Income Statements
$328.6 (-2.20%)  At 2025-01-23 19:00:00 EST

Duolingo Quarterly Income Statements Chart

Quarterly
 | 
Annual
 
 Revenue  
 Gross Profit  
 Operating Profit  
 Net Income  
20210630 20210930 20211231 20220331 20220630 20220930 20221231 20230331 20230630 20230930 20231231 20240331 20240630 20240930 -28.972.6834.3365.9997.64129.29160.94192.59Milllion

Duolingo Quarterly Income Statements Table

Quarterly
 | 
Annual
 
Unit: USD2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 
                
  revenues192,594,000 178,327,000 167,553,000 150,985,000 137,624,000 126,839,000 115,661,000 103,824,000 96,065,000 88,386,000 81,220,000 73,014,000 63,595,000 58,803,000 
  yoy39.94% 40.59% 44.87% 45.42% 43.26% 43.51% 42.40% 42.20% 51.06% 50.31%     
  qoq8.00% 6.43% 10.97% 9.71% 8.50% 9.66% 11.40% 8.08% 8.69% 8.82% 11.24% 14.81% 8.15%  
  cost of revenues52,180,000 47,349,000 45,191,000 40,571,000 36,254,000 33,788,000 31,492,000 27,770,000 26,302,000 23,869,000 21,490,000 19,952,000 18,078,000 16,137,000 
  gross profit140,414,000 130,978,000 122,362,000 110,414,000 101,370,000 93,051,000 84,169,000 76,054,000 69,763,000 64,517,000 59,730,000 53,062,000 45,517,000 42,666,000 
  yoy38.52% 40.76% 45.38% 45.18% 45.31% 44.23% 40.92% 43.33% 53.27% 51.21%     
  qoq7.20% 7.04% 10.82% 8.92% 8.94% 10.55% 10.67% 9.02% 8.13% 8.01% 12.57% 16.58% 6.68%  
  gross margin %72.91% 73.45% 73.03% 73.13% 73.66% 73.36% 72.77% 73.25% 72.62% 72.99% 73.54% 72.67% 71.57% 72.56% 
  operating expenses:              
  research and development62,878,000 55,147,000 50,878,000 50,256,000 50,305,000 47,947,000 45,844,000 44,470,000 41,976,000 34,217,000 29,781,000 30,019,000 29,345,000 21,940,000 
  sales and marketing25,574,000 20,174,000 19,931,000 19,118,000 22,335,000 17,734,000 16,601,000 19,029,000 17,721,000 15,277,000 14,940,000 14,511,000 15,267,000 9,619,000 
  general and administrative38,388,000 36,957,000 35,114,000 36,245,000 33,400,000 32,235,000 30,243,000 30,707,000 30,228,000 30,057,000 26,856,000 25,947,000 29,605,000 11,585,000 
  total operating expenses126,840,000 112,278,000 105,923,000 105,619,000 106,040,000 97,916,000 92,688,000 94,206,000 89,925,000 79,551,000 71,577,000 70,477,000 74,217,000 43,144,000 
  income from operations13,574,000 18,700,000 16,439,000 4,795,000 -4,670,000 -4,865,000 -8,519,000 -18,152,000 -20,162,000 -15,034,000 -11,847,000 -17,415,000 -28,700,000 -478,000 
  yoy-390.66% -484.38% -292.97% -126.42% -76.84% -67.64% -28.09% 4.23% -29.75% 3045.19%     
  qoq-27.41% 13.75% 242.84% -202.68% -4.01% -42.89% -53.07% -9.97% 34.11% 26.90% -31.97% -39.32% 5904.18%  
  operating margin %7.05% 10.49% 9.81% 3.18% -3.39% -3.84% -7.37% -17.48% -20.99% -17.01% -14.59% -23.85% -45.13% -0.81% 
  other income569,000 -707,000 -621,000 1,699,000 -1,023,000 -268,000 182,000 -1,490,000 1,770,000 130,000 -279,000 10,750 -219,000 303,000 
  income before interest income and income taxes14,143,000 17,993,000 15,818,000 5,849,000 -5,693,000 -5,133,000 -8,337,000 -13,214,000 -18,392,000 -14,904,000 -12,126,000 -17,409,000 -28,919,000 -175,000 
  interest income11,246,000 10,721,000 10,033,000 9,284,000 8,625,000 7,543,000 5,639,000        
  income before income taxes25,389,000 28,714,000 25,851,000 15,133,000 2,932,000 2,410,000         
  benefit from income taxes2,029,000 4,363,000 -1,105,000 3,016,000 125,000 -1,315,000 -116,000 716,000 53,000 141,000 28,000 108,000 51,000 1,000 
  net income and comprehensive income23,360,000 24,351,000 26,956,000 12,117,000 2,807,000 3,725,000 -2,582,000 -13,930,000 -18,445,000 -15,045,000 -12,154,000 -17,517,000 -28,970,000 -176,000 
  yoy732.21% 553.72% -1144.00% -186.98% -115.22% -124.76% -78.76% -20.48% -36.33% 8448.30%     
  qoq-4.07% -9.66% 122.46% 331.67% -24.64% -244.27% -81.46% -24.48% 22.60% 23.79% -30.62% -39.53% 16360.23%  
  net income margin %12.13% 13.66% 16.09% 8.03% 2.04% 2.94% -2.23% -13.42% -19.20% -17.02% -14.96% -23.99% -45.55% -0.30% 
  net income per share0.53 0.56 0.63 0.29 0.07 0.09 -0.06 -0.35 -0.46 -0.38 -0.31 -0.28 -0.98  
  income before benefit for income taxes      -2,698,000        
  basic loss per common share             -10 
  diluted loss per common share             -10 

We provide you with 20 years income statements for Duolingo stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Duolingo stock. Explore the full financial landscape of Duolingo stock with our expertly curated income statements.

The information provided in this report about Duolingo stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.