Duolingo (DUOL)

Duolingo (DUOL) Income Statement


Duolingo Income Statement

Last quarter (Q4 2023), Duolingo's total revenue was $150.99M, an increase of 45.42% from the same quarter last year. In Q4, Duolingo's net income was $12.12M. See Duolingo’s key income statements, including revenue, expenses, profit, and income.
Income Statement
Dec 23Dec 22Dec 21Dec 20Dec 19
Total Revenue
$ 531.11M$ 531.11M$ 369.50M$ 250.77M$ 161.70M$ 70.76M
Cost of Revenue
$ 108.32M$ 142.10M$ 99.43M$ -69.19M$ 45.99M$ 20.74M
Gross Profit
$ 422.79M$ 389.00M$ 270.06M$ 181.59M$ 115.71M$ 50.02M
Operating Expense
$ 402.26M$ 402.26M$ 335.26M$ -241.59M$ 131.72M$ 62.92M
Operating Income
$ 20.53M$ -13.26M$ -65.19M$ -60.01M$ -16.01M$ -12.90M
Net Non Operating Interest Income Expense
$ 182.00K$ -31.09M-$ 49.00K--
Other Income Expense
$ 65.08M$ -55.00K$ 99.30M$ 54.76M$ 303.00K$ -657.00K
Pretax Income
$ 17.78M$ 17.78M$ -58.64M$ -59.96M$ -15.71M$ -13.55M
Tax Provision
$ 1.71M$ 1.71M$ 938.00K$ 177.00K$ 68.00K$ 0.00
Earnings From Equity Interest Net Of Tax
Net Income Common Stockholders
$ 16.07M$ 16.07M$ -59.57M$ -60.13M$ -15.78M$ -13.55M
Basic EPS
$ 0.38$ 0.39$ -1.51$ -2.57$ -0.68$ -0.43
Diluted EPS
$ 0.31$ 0.35$ -1.51$ -2.57$ -0.68$ -0.43
Basic Average Shares
$ 164.79M$ 41.20M$ 39.47M$ 23.43M$ 31.81M$ 31.81M
Diluted Average Shares
$ 186.09M$ 46.52M$ 39.47M$ 23.43M$ 31.81M$ 31.81M
Dividend Per Share
Total Operating Income As Reported
Reported Normalized Basic E P S
Reported Normalized Diluted E P S
Rent Expense Supplemental
Total Expenses
$ 258.13M$ 544.37M$ 434.69M$ -310.78M$ 177.71M$ 83.66M
Net Income From Continuing And Discontinued Operation
$ 16.07M$ 16.07M$ -59.57M$ -60.13M$ -15.78M$ -13.55M
Normalized Income
$ 74.08M-$ 53.11M-$ -15.78M$ -12.33M
Interest Expense
$ 2.46M$ -13.26M$ -58.64M$ -60.01M$ -16.01M$ -12.90M
$ 2.93M$ -6.16M$ -53.77M$ -57.28M$ -13.76M$ -11.65M
Currency in USD

Duolingo Earnings and Revenue History

What's Included in PREMIUM?
Make informed decisions based on Top Analysts' activity
Know what industry insiders are buying
Get actionable alerts from top Wall Street Analysts
Find out before anyone else which stock is going to shoot up
Get powerful stock screeners & detailed portfolio analysis