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Duolingo (DUOL) Operating Expenses (2020 - 2025)

Historic Operating Expenses for Duolingo (DUOL) over the last 6 years, with Q3 2025 value amounting to $161.8 million.

  • Duolingo's Operating Expenses rose 2752.44% to $161.8 million in Q3 2025 from the same period last year, while for Sep 2025 it was $588.2 million, marking a year-over-year increase of 3052.3%. This contributed to the annual value of $481.8 million for FY2024, which is 1976.84% up from last year.
  • Duolingo's Operating Expenses amounted to $161.8 million in Q3 2025, which was up 2752.44% from $149.2 million recorded in Q2 2025.
  • Duolingo's Operating Expenses' 5-year high stood at $161.8 million during Q3 2025, with a 5-year trough of $43.1 million in Q2 2021.
  • Over the past 5 years, Duolingo's median Operating Expenses value was $97.9 million (recorded in 2023), while the average stood at $100.7 million.
  • Its Operating Expenses has fluctuated over the past 5 years, first skyrocketed by 11041.93% in 2021, then soared by 1211.49% in 2023.
  • Quarter analysis of 5 years shows Duolingo's Operating Expenses stood at $70.5 million in 2021, then skyrocketed by 33.67% to $94.2 million in 2022, then rose by 12.11% to $105.6 million in 2023, then increased by 29.47% to $136.7 million in 2024, then increased by 18.29% to $161.8 million in 2025.
  • Its last three reported values are $161.8 million in Q3 2025, $149.2 million for Q2 2025, and $140.5 million during Q1 2025.