- US-listed companies
- Duolingo, Inc.
- Income statement
Duolingo, Inc. (DUOL) Income statement
Market cap
$5.3B
P/E ratio
13.2x
| 2021/12 | 2022/12 | 2023/12 | 2024/12 | 2025/12 | |
| Revenue | 251 | 369 | 531 | 748 | 1,038 |
| Revenue growth (%) | - | ||||
| Cost of revenue | 69 | 99 | 142 | 204 | 288 |
| Gross profit | 182 | 270 | 389 | 544 | 749 |
| Gross margin (%) | |||||
| Research & development | 104 | 150 | 194 | 235 | 306 |
| Operating margin (%) | |||||
| Operating expenses | 242 | 335 | 402 | 482 | 614 |
| Operating income | -60 | -65 | -13 | 63 | 136 |
| Income before tax | -60 | -59 | 18 | 102 | 182 |
| Pretax margin (%) | -23.9 | -15.9 | 3.3 | 13.7 | 17.6 |
| Provision for income taxes | 0 | 1 | 2 | 14 | -232 |
| Effective tax rate (%) | |||||
| Net income | -60 | -60 | 16 | 89 | 414 |
| Net income margin (%) | |||||
| Earnings per share | -2.57 | -1.51 | 0.39 | 2.04 | 9.05 |
| Diluted EPS | -2.57 | -1.51 | 0.35 | 1.88 | 8.57 |
| EBITDA | |||||
| EBITDA margin (%) |