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Duolingo (DUOL)
NASDAQ:DUOL
US Market

Duolingo (DUOL) Income Statement

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Duolingo Income Statement

Last quarter (Q3 2025), Duolingo's total revenue was $271.71M, an increase of 41.08% from the same quarter last year. In Q3, Duolingo's net income was $292.19M. See Duolingo’s key income statements, including revenue, expenses, profit, and income.
Income Statement
Dec 24Dec 23Dec 22Dec 21Dec 20
Total Revenue
$ 748.02M$ 531.11M$ 369.50M$ 250.77M$ 161.70M
Gross Profit
$ 544.38M$ 389.00M$ 270.06M$ 181.59M$ 115.71M
Operating Expenses
$ 481.78M$ 402.26M$ 335.26M$ 241.59M$ 131.72M
Depreciation and Amortization
$ 10.85M$ 7.09M$ 4.87M$ 2.73M$ 2.26M
EBITDA
$ 73.45M$ -6.16M$ -60.33M$ -57.28M$ -13.76M
Operating Income
$ 62.59M$ -13.26M$ -65.19M$ -60.01M$ -16.01M
Other Income/Expenses
$ 39.71M$ 31.04M$ 6.56M$ 49.00K$ 303.00K
Pretax Income
$ 102.31M$ 17.78M$ -58.64M$ -59.96M$ -15.71M
Net Income
$ 88.57M$ 16.07M$ -59.57M$ -60.13M$ -15.78M
Per Share Metrics
Basic EPS
$ 2.04$ 0.35$ -1.51$ -1.57$ -0.44
Diluted EPS
$ 1.88$ 0.35$ -1.51$ -1.57$ -0.44
Weighted Average Shares Outstanding
43.50M 46.52M 39.47M 38.27M 35.89M
Weighted Average Shares Outstanding (Diluted)
47.10M 46.52M 39.47M 38.27M 35.89M
Currency in USD

Duolingo Earnings and Revenue History