Duolingo, Inc. (DUOL)
NASDAQ: DUOL · IEX Real-Time Price · USD
179.14
+3.06 (1.74%)
At close: May 17, 2024, 4:00 PM
179.21
+0.07 (0.04%)
Pre-market: May 20, 2024, 4:15 AM EDT

Duolingo Income Statement

Millions USD. Fiscal year is Jan - Dec.
Year 20232022202120202019
Revenue
531.11369.5250.77161.770.76
Revenue Growth (YoY)
43.74%47.34%55.09%128.51%-
Cost of Revenue
142.1199.4369.1945.9920.74
Gross Profit
389270.06181.59115.7150.02
Selling, General & Admin
207.91184.82137.7678.731.36
Research & Development
194.35150.44103.8353.0231.56
Other Operating Expenses
00001.25
Operating Expenses
402.26335.26241.59131.7264.17
Operating Income
-13.26-65.2-60.01-16.01-14.15
Other Expense / Income
-31.04-6.56-0.05-0.3-0.59
Pretax Income
17.78-58.64-59.96-15.71-13.55
Income Tax
1.710.940.180.070
Net Income
16.07-59.57-60.14-15.78-13.55
Shares Outstanding (Basic)
42403736-
Shares Change
4.59%7.20%4.40%--
EPS (Basic)
0.39-1.51-2.57-1.24-1.10
EPS (Diluted)
0.35-1.51-2.57-1.24-1.10
Free Cash Flow
140.0343.532.9613.69-3.09
Free Cash Flow Per Share
3.331.080.080.38-
Gross Margin
73.24%73.09%72.41%71.56%70.69%
Operating Margin
-2.50%-17.64%-23.93%-9.90%-19.99%
Profit Margin
3.03%-16.12%-23.98%-9.76%-19.15%
Free Cash Flow Margin
26.37%11.78%1.18%8.47%-4.37%
Effective Tax Rate
9.62%----
EBITDA
24.87-53.77-57.23-13.45-12.3
EBITDA Margin
4.68%-14.55%-22.82%-8.32%-17.39%
Depreciation & Amortization
7.14.872.732.261.25
EBIT
17.78-58.64-59.96-15.71-13.55
EBIT Margin
3.35%-15.87%-23.91%-9.71%-19.15%
Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).