Duolingo, Inc. (DUOL)
NASDAQ: DUOL · Real-Time Price · USD
517.83
+5.08 (0.99%)
At close: May 12, 2025, 4:00 PM
517.65
-0.18 (-0.03%)
After-hours: May 12, 2025, 7:44 PM EDT
Duolingo Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 |
|---|---|---|---|---|---|---|---|
Period Ending | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2019 |
| Revenue | 811.21 | 748.02 | 531.11 | 369.5 | 250.77 | 161.7 | Upgrade
|
| Revenue Growth (YoY) | 39.15% | 40.84% | 43.74% | 47.34% | 55.09% | 128.51% | Upgrade
|
| Cost of Revenue | 225.1 | 203.65 | 142.11 | 99.43 | 69.19 | 45.99 | Upgrade
|
| Gross Profit | 586.11 | 544.38 | 389 | 270.06 | 181.59 | 115.71 | Upgrade
|
| Selling, General & Admin | 260.48 | 245.51 | 207.57 | 184.82 | 137.76 | 78.7 | Upgrade
|
| Research & Development | 254.57 | 235.06 | 194.35 | 150.44 | 103.83 | 53.02 | Upgrade
|
| Operating Expenses | 515.05 | 480.57 | 401.93 | 335.26 | 241.59 | 131.72 | Upgrade
|
| Operating Income | 71.06 | 63.81 | -12.92 | -65.2 | -60.01 | -16.01 | Upgrade
|
| Interest & Investment Income | 43.08 | 42.7 | 31.09 | 7.24 | 0.02 | 0.23 | Upgrade
|
| Currency Exchange Gain (Loss) | -1.36 | -2.99 | 0.28 | -0.68 | 0.03 | - | Upgrade
|
| Other Non Operating Income (Expenses) | - | - | - | - | - | 0.07 | Upgrade
|
| EBT Excluding Unusual Items | 112.78 | 103.52 | 18.45 | -58.64 | -59.96 | -15.71 | Upgrade
|
| Merger & Restructuring Charges | -0.77 | -0.77 | - | - | - | - | Upgrade
|
| Gain (Loss) on Sale of Assets | - | - | -0.33 | - | - | - | Upgrade
|
| Asset Writedown | -0.24 | -0.24 | - | - | - | - | Upgrade
|
| Other Unusual Items | -0.3 | -0.2 | -0.34 | - | - | - | Upgrade
|
| Pretax Income | 111.47 | 102.31 | 17.78 | -58.64 | -59.96 | -15.71 | Upgrade
|
| Income Tax Expense | 14.71 | 13.73 | 1.71 | 0.94 | 0.18 | 0.07 | Upgrade
|
| Net Income | 96.75 | 88.57 | 16.07 | -59.57 | -60.14 | -15.78 | Upgrade
|
| Net Income to Common | 96.75 | 88.57 | 16.07 | -59.57 | -60.14 | -15.78 | Upgrade
|
| Net Income Growth | 112.15% | 451.28% | - | - | - | - | Upgrade
|
| Shares Outstanding (Basic) | 44 | 44 | 41 | 39 | 23 | 13 | Upgrade
|
| Shares Outstanding (Diluted) | 47 | 47 | 47 | 39 | 23 | 13 | Upgrade
|
| Shares Change (YoY) | -1.70% | 1.24% | 17.87% | 68.44% | 84.00% | - | Upgrade
|
| EPS (Basic) | 2.19 | 2.04 | 0.39 | -1.51 | -2.57 | -1.24 | Upgrade
|
| EPS (Diluted) | 2.04 | 1.88 | 0.35 | -1.51 | -2.57 | -1.24 | Upgrade
|
| EPS Growth | 114.70% | 437.14% | - | - | - | - | Upgrade
|
| Free Cash Flow | 295.62 | 273.4 | 150.42 | 48.09 | 5.58 | 14.33 | Upgrade
|
| Free Cash Flow Per Share | 6.24 | 5.80 | 3.23 | 1.22 | 0.24 | 1.13 | Upgrade
|
| Gross Margin | 72.25% | 72.78% | 73.24% | 73.09% | 72.41% | 71.56% | Upgrade
|
| Operating Margin | 8.76% | 8.53% | -2.43% | -17.64% | -23.93% | -9.90% | Upgrade
|
| Profit Margin | 11.93% | 11.84% | 3.02% | -16.12% | -23.98% | -9.76% | Upgrade
|
| Free Cash Flow Margin | 36.44% | 36.55% | 28.32% | 13.02% | 2.23% | 8.86% | Upgrade
|
| EBITDA | 83.43 | 74.66 | -5.83 | -60.33 | -57.28 | -14.39 | Upgrade
|
| EBITDA Margin | 10.29% | 9.98% | -1.10% | -16.33% | -22.84% | -8.90% | Upgrade
|
| D&A For EBITDA | 12.37 | 10.85 | 7.1 | 4.87 | 2.73 | 1.62 | Upgrade
|
| EBIT | 71.06 | 63.81 | -12.92 | -65.2 | -60.01 | -16.01 | Upgrade
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| EBIT Margin | 8.76% | 8.53% | -2.43% | -17.64% | -23.93% | -9.90% | Upgrade
|
| Effective Tax Rate | 13.20% | 13.42% | 9.62% | - | - | - | Upgrade
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| Advertising Expenses | - | 62.37 | 52.97 | 48.11 | 42.96 | 27.35 | Upgrade
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Updated May 1, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.