NASDAQ:DUOL | Income Statement | Duolingo, Inc.

Complete source-backed income-statement history.

Available history
2020-06-30 to 2026-06-30
Data captured

Historical Income Statement

DateRevenueCost of revenueGross profitR&D expenseSG&A expenseOperating expensesOperating incomeNonoperating income/expensePre-tax incomeIncome taxNet incomeBasic EPSDiluted EPSBasic sharesDiluted shares
2026-06-30$298.45M$81.71M$216.74M$92.2M$182.8M$33.95M-$410,000.00$45.37M$12.21M$33.16M$0.71$0.6650,031,000
2026-03-31$291.97M$78.87M$213.1M$82.97M$168.57M$44.53M-$786,000.00$55.55M$12.09M$43.46M$0.93$0.8948,987,000
2025-12-31$282.87M$77M$205.87M$79.56M$162.42M$43.45M-$549,000.00$54.5M$12.55M$41.95M$0.88$0.94-458,000
2025-09-30$271.71M$74.8M$196.91M$82.71M$161.75M$35.16M-$503,000.00$46.45M-$245.75M$292.2M$6.36$5.9549,144,000
2025-06-30$252.27M$69.68M$182.58M$73.67M$149.22M$33.36M$1.66M$46.45M$1.67M$44.78M$0.98$0.9149,000,000
2025-03-31$230.74M$66.65M$164.1M$70.39M$140.5M$23.59M$1M$35.01M-$125,000.00$35.14M$0.78$0.7248,497,000
2024-12-31$209.55M$58.93M$150.63M$66.4M$136.74M$13.88M-$2.23M$22.35M$8.45M$13.91M$0.31$0.31-414,000
2024-09-30$192.59M$52.18M$140.41M$62.88M$126.84M$13.57M$569,000.00$25.39M$2.03M$23.36M$0.53$0.4947,969,000
2024-06-30$178.33M$47.35M$130.98M$55.15M$112.28M$18.7M-$707,000.00$28.71M$4.36M$24.35M$0.56$0.5147,770,000
2024-03-31$167.55M$45.19M$122.36M$50.88M$105.92M$16.44M-$621,000.00$25.85M-$1.11M$26.96M$0.63$0.5747,353,000
2023-12-31$150.99M$40.57M$110.41M$50.26M$105.62M$4.8M$1.05M$15.13M$3.02M$12.12M$0.29$0.26105,000
2023-09-30$137.62M$36.25M$101.37M$50.31M$106.04M-$4.67M-$1.02M$2.93M$125,000.00$2.81M$0.07$0.0646,946,000
2023-06-30$126.84M$33.79M$93.05M$47.95M$97.92M-$4.87M-$268,000.00$2.41M-$1.32M$3.73M$0.09$0.0846,872,000
2023-03-31$115.66M$31.49M$84.17M$45.84M$92.69M-$8.52M$182,000.00-$2.7M-$116,000.00-$2.58M-$0.06-$0.0640,618,00040,618,000
2022-12-31$103.82M$27.77M$76.05M$44.47M$94.21M-$18.15M$665,000.00-$13.21M$716,000.00-$13.93M-$0.35-$0.35260,000260,000
2022-09-30$96.07M$26.3M$69.76M$41.98M$89.93M-$20.16M-$490,000.00-$18.39M$53,000.00-$18.45M-$0.46-$0.4639,753,00039,753,000
2022-06-30$88.39M$23.87M$64.52M$34.22M$79.55M-$15.03M-$539,000.00-$14.9M$141,000.00-$15.05M-$0.38-$0.3839,274,00039,274,000
2022-03-31$81.22M$21.49M$59.73M$29.78M$71.58M-$11.85M-$312,000.00-$12.13M$28,000.00-$12.15M-$0.31-$0.3138,590,00038,590,000
2021-12-31$73.01M$19.95M$53.06M$30.02M$70.48M-$17.42M-$13,000.00-$17.41M$108,000.00-$17.52M-$0.28-$0.284,833,0004,833,000
2021-09-30$63.6M$18.08M$45.52M$29.35M$74.22M-$28.7M-$219,000.00-$28.92M$51,000.00-$28.97M-$0.98-$0.9829,531,00029,531,000
2021-06-30$58.8M$16.14M$42.67M$21.94M$43.14M-$478,000.00$303,000.00-$175,000.00$1,000.00-$176,000.00-$0.01-$0.0113,172,00013,172,000
2021-03-31$55.36M$15.02M$40.34M$22.53M$53.76M-$13.41M-$41,000.00-$13.46M$17,000.00-$176,000.00-$1.04-$1.0412,916,00012,916,000
2020-12-31$48.27M$12.86M$35.41M$15.44M$45.98M-$10.57M-$44,000.00-$10.38M$23,000.00-$10.41M-$0.81-$0.81264,000264,000
2020-09-30$45.31M$13.1M$32.2M$15.89M$35.27M-$3.07M-$86,000.00-$3.15M$23,000.00-$3.18M-$0.25-$0.2512,530,00012,530,000
2020-06-30$40.01M$11.81M$28.2M$12.11M$28.12M$82,000.00-$31,000.00$51,000.00$11,000.00$40,000.00$0.00$0.0012,439,00016,203,000

Annual Income Statement

DateRevenueCost of revenueGross profitR&D expenseSG&A expenseOperating expensesOperating incomeNonoperating income/expensePre-tax incomeIncome taxNet incomeBasic EPSDiluted EPSBasic sharesDiluted shares
2025-12-31$1.04B$288.13M$749.46M$306.32M$613.89M$135.57M$1.61M$182.41M-$231.66M$414.07M$9.05$8.5748,308,000
2024-12-31$748.02M$203.65M$544.38M$235.3M$481.78M$62.6M-$2.99M$102.31M$13.73M$88.57M$2.04$1.8847,101,000
2023-12-31$531.11M$142.11M$389M$194.35M$402.26M-$13.26M-$55,000.00$17.78M$1.71M$16.07M$0.39$0.3546,522,000
2022-12-31$369.5M$99.43M$270.06M$150.44M$335.26M-$65.2M-$676,000.00-$58.64M$938,000.00-$59.57M-$1.51-$1.5139,470,00039,470,000
2021-12-31$250.77M$69.19M$181.59M$103.83M$241.59M-$60.01M$30,000.00-$59.96M$177,000.00-$60.14M-$2.57-$2.5723,433,00023,433,000
2020-12-31$161.7M$45.99M$115.71M$53.02M$131.72M-$16.01M$72,000.00-$15.71M$68,000.00-$15.78M-$1.24-$1.2412,735,00012,735,000