Duolingo (DUOL) Cost of Revenue (2020 - 2026)
Duolingo's (DUOL) quarterly Cost of Revenue came in at $78.9 million in Q1 2026, up 18.34% year-on-year from $66.6 million in Q1 2025, and up 2.43% quarter-over-quarter from $77.0 million in Q4 2025.
Duolingo (DUOL) Cost of Revenue (2020 - 2026) Analysis & Trends
Duolingo's Cost of Revenue history runs 7 years deep, the most recent figure standing at $78.9 million for Q1 2026.
- On a quarterly basis, Cost of Revenue rose 18.34% year-over-year to $78.9 million in Q1 2026; TTM through Mar 2026 was $300.4 million, a 33.43% increase from a year earlier, with the FY2025 full-year figure at $288.1 million, up 41.49% from the prior year.
- Cost of Revenue rose to $78.9 million in Q1 2026 per DUOL's latest filing, from $77.0 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $78.9 million in Q1 2026 and bottomed at $21.5 million in Q1 2022.
- The 5-year median for Cost of Revenue is $45.2 million (2024), against an average of $47.8 million.
- Across the five-year window, Cost of Revenue surged 47.91% in 2022 and increased 18.34% in 2026, its largest moves.
- Year by year, Cost of Revenue stood at $27.8 million in 2022, then surged by 46.1% to $40.6 million in 2023, then jumped by 45.24% to $58.9 million in 2024, then soared by 30.67% to $77.0 million in 2025, then gained by 2.43% to $78.9 million in 2026.
- Per Business Quant, the three latest DUOL Cost of Revenue figures stand at $78.9 million (Q1 2026), $77.0 million (Q4 2025), and $74.8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 199.59 Bn | 179.36 Bn | 8.16 Bn | 3.02 Bn |
| 2 | Full Truck Alliance | 193.24 Bn | 190.53 Bn | - | - |
| 3 | Shopify | 164.78 Bn | 159.04 Bn | 1.55 Bn | 1.62 Bn |
| 4 | Salesforce | 150.52 Bn | 138.68 Bn | 8.56 Bn | 2.57 Bn |
| 5 | Uber Technologies | 139.79 Bn | 138.58 Bn | 5.95 Bn | 7.26 Bn |
| 6 | ServiceNow | 109.10 Bn | 104.44 Bn | 2.82 Bn | 1.17 Bn |
| 7 | Automatic Data Processing | 102.68 Bn | 99.45 Bn | 2.87 Bn | 3.07 Bn |
| 8 | Adobe | 95.80 Bn | 90.17 Bn | 5.90 Bn | 715.00 Mn |
| 9 | Snowflake | 93.75 Bn | 90.79 Bn | 926.45 Mn | 464.50 Mn |
| 10 | Duolingo | 25.20 Mn | -1.23 Bn | 213.10 Mn | 78.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 78.87 Mn |
| Mar 31, 2026 | 78.87 Mn |
| Dec 31, 2025 | 77.00 Mn |
| Dec 31, 2025 | 77.00 Mn |
| Sep 30, 2025 | 74.80 Mn |
| Sep 30, 2025 | 74.80 Mn |
| Jun 30, 2025 | 69.68 Mn |
| Jun 30, 2025 | 69.68 Mn |
| Mar 31, 2025 | 66.65 Mn |
| Mar 31, 2025 | 66.65 Mn |
| Dec 31, 2024 | 58.93 Mn |
| Dec 31, 2024 | 58.93 Mn |
| Sep 30, 2024 | 52.18 Mn |
| Sep 30, 2024 | 52.18 Mn |
| Jun 30, 2024 | 47.35 Mn |
| Jun 30, 2024 | 47.35 Mn |
| Mar 31, 2024 | 45.19 Mn |
| Mar 31, 2024 | 45.19 Mn |
| Dec 31, 2023 | 40.57 Mn |
| Dec 31, 2023 | 40.57 Mn |