Duolingo Income Statement (2020-2026) | DUOL

Income Statement Jun2020 Sep2020 Dec2020 Mar2021 Jun2021 Sep2021 Dec2021 Mar2022 Jun2022 Sep2022 Dec2022 Mar2023 Jun2023 Sep2023 Dec2023 Mar2024 Jun2024 Sep2024 Dec2024 Mar2025 Jun2025 Sep2025 Dec2025 Mar2026
Revenue & cost
Revenue (Quarter)
58.80M63.59M73.01M81.22M88.39M96.06M103.82M115.66M126.84M137.62M150.99M167.55M178.33M192.59M209.55M230.74M252.26M271.71M282.87M291.97M
Cost of Revenue (Quarter)
16.14M18.08M19.95M21.49M23.87M26.30M27.77M31.49M33.79M36.25M40.57M45.19M47.35M52.18M58.92M66.65M69.68M74.80M77.00M78.87M
Gross Profit (Quarter)
42.67M45.52M53.06M59.73M64.52M69.76M76.05M84.17M93.05M101.37M110.41M122.36M130.98M140.41M150.62M164.10M182.58M196.91M205.87M213.10M
Operating items
Research & Development (Quarter)
9.62M15.27M59.17M14.94M34.22M41.98M19.03M45.84M17.73M50.30M-68.31M50.88M20.17M25.57M-78.41M70.39M29.56M35.08M79.56M82.97M
Selling, General & Administrative (Quarter)
11.59M29.61M25.95M26.86M30.06M30.23M30.71M30.24M32.23M33.40M36.24M35.11M36.96M38.39M45.53M43.45M45.98M43.96M48.49M46.35M
Other Operating Expenses (Quarter)
21.94M29.34M-14.64M29.78M15.28M17.72M44.47M16.60M47.95M22.34M137.68M19.93M55.15M62.88M169.62M26.66M73.67M82.71M34.37M39.25M
Operating Expenses (Quarter)
43.14M74.22M70.48M71.58M79.55M89.92M94.21M92.69M97.92M106.04M105.62M105.92M112.28M126.84M136.74M140.50M149.22M161.75M162.41M168.57M
Operating Income (Quarter)
-0.48M-28.70M-17.41M-11.85M-15.03M-20.16M-18.15M-8.52M-4.87M-4.67M4.79M16.44M18.70M13.57M13.88M23.59M33.36M35.16M43.45M44.53M
EBIT (Quarter)
-0.48M-28.70M-17.41M-11.85M-15.03M-20.16M-18.15M-8.52M-4.87M-4.67M4.79M16.44M18.70M13.57M13.88M23.59M33.36M35.16M43.45M44.53M
Non-operating items
Non Operating Income (Quarter)
0.30M-0.22M-0.01M-0.31M-0.54M-0.49M0.67M0.18M-0.27M-1.02M1.05M-0.62M-0.71M0.57M-2.23M1.00M1.66M-0.50M-0.55M-0.79M
Net income details
EBT (Quarter)
-0.17M-28.92M-17.41M-12.13M-14.90M-18.39M-13.21M-2.70M2.41M2.93M15.13M25.85M28.71M25.39M22.35M35.01M46.45M46.45M54.50M55.55M
Tax Provisions (Quarter)
0.00M0.05M0.11M0.03M0.14M0.05M0.72M-0.12M-1.31M0.12M3.02M-1.10M4.36M2.03M8.45M-0.12M1.67M-245.75M12.55M12.09M
Profit After Tax (Quarter)
-0.18M-28.97M-17.52M-12.15M-15.04M-18.45M-13.93M-2.58M3.73M2.81M12.12M26.96M24.35M23.36M13.91M35.13M44.78M292.19M41.95M43.46M
Income from Continuing Operations (Quarter)
-0.18M-28.97M-17.52M-12.15M-15.04M-18.45M-13.93M-2.58M3.73M2.81M12.12M26.96M24.35M23.36M13.91M35.13M44.78M292.19M41.95M43.46M
Consolidated Net Income (Quarter)
-0.18M-28.97M-17.52M-12.15M-15.04M-18.45M-13.93M-2.58M3.73M2.81M12.12M26.96M24.35M23.36M13.91M35.13M44.78M292.19M41.95M43.46M
Income towards Parent Company (Quarter)
-0.18M-28.97M-17.52M-12.15M-15.04M-18.45M-13.93M-2.58M3.73M2.81M12.12M26.96M24.35M23.36M13.91M35.13M44.78M292.19M41.95M43.46M
Net Income towards Common Stockholders (Quarter)
-0.18M-28.97M-17.52M-12.15M-15.04M-18.45M-13.93M-2.58M3.73M2.81M12.12M26.96M24.35M23.36M13.91M35.13M44.78M292.19M41.95M43.46M
Additional items
EPS (Basic) (Quarter)
-0.01-0.98-0.75-0.31-0.38-0.46-0.35-0.064.072.638.6882.699.51127.3063.18228.74
EPS (Diluted) (Quarter)
-0.01-0.98-0.75-0.31-0.38-0.46-0.35-0.060.080.060.260.570.510.490.300.720.915.950.870.89
Shares Outstanding (Quarter)
23.50M29.53M23.43M38.59M39.27M39.75M39.47M40.62M0.92M1.07M1.40M0.33M1.46M0.28M0.66M0.19M
Shares Outstanding (Diluted) (Quarter)
13.17M29.53M23.43M38.59M39.27M39.75M39.47M40.62M46.87M46.95M46.52M47.35M47.77M47.97M47.10M48.50M49.00M49.14M48.31M48.99M
EBITDA (Quarter)
-0.48M-28.70M-17.41M-11.85M-15.03M-20.16M-18.15M-8.52M-4.87M-4.67M4.79M16.44M18.70M13.57M13.88M23.59M33.36M35.16M43.45M44.53M
Interest Expenses (Quarter)
0.78M0.88M3.44M0.98M1.06M1.10M-2.33M1.75M1.70M2.14M-4.94M1.58M1.71M1.81M1.87M1.97M424.21M2.18M-4.44M52.55M
Tax Rate (Quarter)
-0.57%-0.18%-0.62%-0.23%-0.95%-0.29%-5.42%4.30%-54.56%4.26%19.93%-4.27%15.19%7.99%37.78%-0.36%3.59%-529.07%23.02%21.77%