Income Statement - Duolingo, Inc. (DUOL)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | |
|---|---|---|---|---|---|---|---|
| Total revenue | 1,037.59 | 748.02 | 531.11 | 369.50 | 250.77 | 161.70 | 70.76 |
| Cost of revenue | 293.87 | 209.19 | 147.18 | 103.43 | 69.19 | 46.53 | 21.36 |
| Gross profit | 743.72 | 538.84 | 383.93 | 266.06 | 250.77 | 115.16 | 49.40 |
| Total operating expenses | 602.49 | 475.27 | 396.85 | 330.62 | 241.59 | 130.89 | 62.30 |
| Operating income | 141.24 | 63.57 | -12.92 | -64.56 | 60.01 | -15.73 | -12.90 |
| Non-operating income (net) | 41.18 | 38.74 | 30.70 | 5.92 | -119.97 | 0.02 | -0.66 |
| Income before tax | 182.41 | 102.31 | 17.78 | -58.64 | -59.96 | -15.71 | -13.55 |
| Income tax expense | -231.66 | 13.73 | 1.71 | 0.94 | 0.18 | 0.07 | 1.23 |
| Net income | 414.07 | 88.57 | 16.07 | -59.57 | -60.14 | -15.78 | -13.55 |
Show Quarterly Income Statement
Income Statement - Duolingo, Inc. (DUOL)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 291.97 | 282.87 | 271.71 | 252.27 | 230.74 | 209.55 | 192.59 | 178.33 | 167.55 | 150.99 | 137.62 | 126.84 | 115.66 | 103.82 | 96.07 | 88.39 | 81.22 | 73.01 | 63.60 | 58.80 | 55.36 | 48.27 | 45.31 | 40.01 | 28.11 | 23.21 | 19.42 | 15.65 | 12.49 |
| Cost of revenue | 80.29 | 78.45 | 76.22 | 71.17 | 68.03 | 60.47 | 53.66 | 48.65 | 46.42 | 41.80 | 37.51 | 35.02 | 32.85 | 28.89 | 26.78 | 24.35 | 21.70 | 20.16 | 18.27 | 16.29 | 15.17 | 12.86 | 13.10 | 12.05 | 8.25 | 6.73 | 5.66 | 4.60 | 3.75 |
| Gross profit | 211.68 | 204.42 | 195.49 | 181.10 | 162.72 | 149.09 | 138.94 | 129.68 | 121.14 | 109.19 | 100.12 | 91.82 | 82.81 | 74.93 | 69.28 | 64.04 | 59.52 | 52.85 | 45.33 | 42.52 | 40.19 | 35.41 | 32.20 | 27.96 | 19.87 | 16.48 | 13.76 | 11.04 | 8.74 |
| Total operating expenses | 166.81 | 160.56 | 155.86 | 147.05 | 139.02 | 135.07 | 124.86 | 110.64 | 104.70 | 104.39 | 104.67 | 96.57 | 91.22 | 92.96 | 89.44 | 78.96 | 71.14 | 69.61 | 72.47 | 41.78 | 53.13 | 45.82 | 35.14 | 27.88 | 22.32 | 19.77 | 16.94 | 13.97 | 12.24 |
| Operating income | 44.87 | 43.86 | 39.63 | 34.05 | 23.69 | 14.02 | 14.07 | 19.04 | 16.44 | 4.80 | -4.56 | -4.75 | -8.41 | -18.03 | -20.16 | -14.93 | -11.62 | -16.76 | -27.14 | 0.74 | -12.93 | -10.42 | -2.94 | 0.08 | -2.46 | -3.30 | -3.18 | -2.92 | -3.50 |
| Non-operating income (net) | 10.68 | 10.64 | 6.82 | 12.40 | 11.32 | 8.33 | 11.32 | 9.68 | 9.41 | 10.34 | 7.49 | 7.16 | 5.71 | 4.82 | 1.77 | 0.02 | -0.51 | -0.65 | -1.78 | -0.91 | -0.52 | 0.03 | -0.21 | -0.03 | 0.23 | -1.11 | 0.14 | 0.17 | 0.15 |
| Income before tax | 55.55 | 54.50 | 46.45 | 46.45 | 35.01 | 22.35 | 25.39 | 28.71 | 25.85 | 15.13 | 2.93 | 2.41 | -2.70 | -13.21 | -18.39 | -14.90 | -12.13 | -17.41 | -28.92 | -0.18 | -13.46 | -10.38 | -3.15 | 0.05 | -2.22 | -4.41 | -3.04 | -2.75 | -3.35 |
| Income tax expense | 12.09 | 12.55 | -245.75 | 1.67 | -0.13 | 8.45 | 2.03 | 4.36 | -1.11 | 3.02 | 0.13 | -1.32 | -0.12 | 0.72 | 0.05 | 0.14 | 0.03 | 0.11 | 0.05 | 0.00 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | ||||
| Net income | 43.46 | 41.95 | 292.20 | 44.78 | 35.14 | 13.91 | 23.36 | 24.35 | 26.96 | 12.12 | 2.81 | 3.73 | -2.58 | -13.93 | -18.45 | -15.05 | -12.15 | -17.52 | -28.97 | -0.18 | -13.47 | -10.41 | -3.18 | 0.02 | -2.23 | -4.41 | -3.04 | -2.75 | -3.35 |