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)
16.14M15.27M24.53M14.94M15.28M17.72M51.49M31.49M33.79M22.34M-25.75M19.93M20.17M25.57M58.92M26.66M69.68M74.80M196.83M39.25M
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)
21.94M29.34M30.02M29.78M34.22M41.98M44.47M45.84M47.95M50.30M50.26M50.88M55.15M62.88M66.39M70.39M73.67M82.71M79.56M82.97M
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)
9.62M15.27M14.51M14.94M15.28M17.72M19.03M16.60M17.73M22.34M19.12M19.93M20.17M25.57M24.82M26.66M29.56M35.08M34.37M39.25M
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-0.49M2.15M0.18M-0.27M-1.02M1.05M-0.62M-0.71M0.57M5.01M1.00M1.66M-0.50M-0.39M-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)
-0.01-0.98-0.28-0.31-0.38-0.46-0.35-0.060.090.070.290.630.560.530.310.780.986.360.880.93
EPS (Weighted Average and Diluted) (Quarter)
-0.01-0.98-0.28-0.31-0.38-0.46-0.35-0.060.080.060.260.570.510.490.310.720.915.950.940.89
Shares Outstanding (Weighted Average) (Quarter)
13.17M29.53M23.43M38.59M38.93M39.75M39.47M40.62M40.92M41.19M41.45M42.78M43.02M43.25M43.50M45.15M45.61M45.57M45.77M46.79M
EBITDA (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
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%