For the year ending 2025-12-31, DUOL made $1,037,589K in revenue. $414,065K in net income. Net profit margin of 39.91%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenues | 1,037,589 | 748,024 | 531,109 | 369,495 |
| Cost of revenues | 288,132 | 203,645 | 142,105 | 99,431 |
| Gross profit | 749,457 | 544,379 | 389,004 | 270,064 |
| Research and development | 306,323 | 235,298 | 194,352 | 150,444 |
| Sales and marketing | 125,677 | 90,494 | 75,788 | 66,967 |
| General and administrative | 181,887 | 155,992 | 132,123 | 117,848 |
| Total operating expenses | 613,887 | 481,784 | 402,263 | 335,259 |
| Income from operations | 135,570 | 62,595 | -13,259 | -65,195 |
| Other income | 3,382 | 1,267 | 590 | 131 |
| Other expense | 1,773 | 4,253 | 645 | 807 |
| Other income (expense), net | 1,609 | -2,986 | -55 | -676 |
| Income (loss) before interest income and income taxes | 137,179 | 59,609 | -13,314 | -65,871 |
| Interest income | 45,231 | 42,697 | 31,091 | 7,235 |
| Income before income taxes | 182,410 | 102,306 | 17,777 | -58,636 |
| (benefit from) provision for income taxes | -231,655 | 13,732 | 1,710 | 938 |
| Net income | 414,065 | 88,574 | 16,067 | -59,574 |
| Basic EPS | 9.05 | 2.04 | 0.39 | -1.51 |
| Diluted EPS | 8.57 | 1.88 | 0.35 | -1.51 |
| Basic Average Shares | 45,773,000 | 43,504,000 | 41,451,000 | 39,470,000 |
| Diluted Average Shares | 48,308,000 | 43,504,000 | 41,451,000 | 39,470,000 |
Duolingo, Inc. (DUOL)
Duolingo, Inc. (DUOL)