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Duolingo (DUOL) Accumulated Expenses (2020 - 2025)

Duolingo has reported Accumulated Expenses over the past 6 years, most recently at $45.7 million for Q4 2025.

  • Quarterly results put Accumulated Expenses at $45.7 million for Q4 2025, up 25.6% from a year ago — trailing twelve months through Dec 2025 was $45.7 million (up 25.6% YoY), and the annual figure for FY2025 was $45.7 million, up 25.6%.
  • Accumulated Expenses for Q4 2025 was $45.7 million at Duolingo, up from $39.2 million in the prior quarter.
  • Over the last five years, Accumulated Expenses for DUOL hit a ceiling of $45.7 million in Q4 2025 and a floor of $9.5 million in Q3 2021.
  • Median Accumulated Expenses over the past 5 years was $22.0 million (2023), compared with a mean of $23.6 million.
  • Biggest five-year swings in Accumulated Expenses: surged 81.74% in 2022 and later rose 3.72% in 2024.
  • Duolingo's Accumulated Expenses stood at $12.9 million in 2021, then soared by 69.88% to $22.0 million in 2022, then increased by 13.48% to $24.9 million in 2023, then soared by 45.9% to $36.4 million in 2024, then increased by 25.6% to $45.7 million in 2025.
  • The last three reported values for Accumulated Expenses were $45.7 million (Q4 2025), $39.2 million (Q3 2025), and $32.5 million (Q2 2025) per Business Quant data.