Duolingo, Inc. (DUOL)
NASDAQ: DUOL · IEX Real-Time Price · USD
179.14
+3.06 (1.74%)
At close: May 17, 2024, 4:00 PM
179.27
+0.13 (0.07%)
After-hours: May 17, 2024, 7:59 PM EDT

Duolingo Income Statement

Millions USD. Fiscal year is Jan - Dec.
Quarter Ending 2024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-31
Revenue
583531.11483.95442.39403.94369.5338.69306.22276.63250.77226.03207.74188.94161.7---70.76
Revenue Growth (YoY)
44.33%43.74%42.89%44.47%46.02%47.34%49.84%47.41%46.41%55.09%---128.51%----
Cost of Revenue
155.8142.11129.3119.35109.4399.4391.6183.3975.6669.1962.157.1252.7945.99---20.74
Gross Profit
427.2389354.64323.04294.5270.06247.07222.83200.98181.59163.93150.62136.15115.71---50.02
Selling, General & Admin
216.11207.91202.28194.5189.86184.82175.54172.46148.33137.76127.84102.3497.1578.7---31.36
Research & Development
199.39194.35188.57180.24166.51150.44135.99123.36111.09103.8389.2675.8165.9853.02---31.56
Other Operating Expenses
0.180-0.05-0.58-0.3101.030.54000.040.040.0400001.25
Operating Expenses
415.68402.26390.8374.15356.06335.26312.56296.36259.42241.59217.13178.19163.16131.72---64.17
Operating Income
11.52-13.26-36.16-51.12-61.56-65.2-65.49-73.54-58.44-60.01-53.2-27.57-27.01-16.01----14.15
Other Expense / Income
-34.81-31.04-25.59-19.22-12.35-6.56-2.66-0.180.19-0.05-0.27-0.4-0.07-0.3----0.59
Pretax Income
46.3317.78-10.57-31.89-49.21-58.64-62.83-73.36-58.63-59.96-52.93-27.17-26.94-15.71----13.55
Income Tax
0.721.71-0.59-0.660.790.940.330.330.190.180.090.060.070.07---0
Net Income
45.6116.07-9.98-31.23-50-59.57-63.16-73.69-58.82-60.14-53.03-27.23-27.02-15.78----13.55
Shares Outstanding (Basic)
4342424141404039393737363636----
Shares Change
5.51%4.59%4.80%4.83%5.21%7.20%5.93%9.11%7.61%4.40%--------
EPS (Basic)
1.080.39-0.25-0.78-1.25-1.51-1.43-1.95-1.58-2.57-2.84-2.11-2.10-1.24----1.10
EPS (Diluted)
0.970.35-0.27-0.79-1.25-1.51-1.43-1.95-1.58-2.57-2.84-2.11-2.10-1.24----1.10
Free Cash Flow
190.23140.03105.778.0453.6443.5332.1429.9517.82.965.993.4214.0413.69----3.09
Free Cash Flow Per Share
4.443.332.541.901.321.080.810.770.460.080.160.100.390.38----
Gross Margin
73.28%73.24%73.28%73.02%72.91%73.09%72.95%72.77%72.65%72.41%72.53%72.50%72.06%71.56%---70.69%
Operating Margin
1.98%-2.50%-7.47%-11.55%-15.24%-17.64%-19.34%-24.01%-21.13%-23.93%-23.54%-13.27%-14.30%-9.90%----19.99%
Profit Margin
7.82%3.03%-2.06%-7.06%-12.38%-16.12%-18.65%-24.06%-21.26%-23.98%-23.46%-13.11%-14.30%-9.76%----19.15%
Free Cash Flow Margin
32.63%26.37%21.84%17.64%13.28%11.78%9.49%9.78%6.44%1.18%2.65%1.65%7.43%8.47%----4.37%
Effective Tax Rate
1.56%9.62%----------------
EBITDA
53.7324.87-4.07-25.57-43.35-53.77-58.65-69.92-55.73-57.23-50.36-24.7-24.48-13.45----12.3
EBITDA Margin
9.22%4.68%-0.84%-5.78%-10.73%-14.55%-17.32%-22.83%-20.15%-22.82%-22.28%-11.89%-12.96%-8.32%----17.39%
Depreciation & Amortization
7.417.16.56.325.864.874.183.432.92.732.582.472.462.26---1.25
EBIT
46.3317.78-10.57-31.89-49.21-58.64-62.83-73.36-58.63-59.96-52.93-27.17-26.94-15.71----13.55
EBIT Margin
7.95%3.35%-2.18%-7.21%-12.18%-15.87%-18.55%-23.96%-21.19%-23.91%-23.42%-13.08%-14.26%-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).