Duolingo, Inc. (DUOL)

USD 332.81

(-6.0%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2001
Revenue 531.1 Million 369.49 Million 250.77 Million 161.69 Million 70.76 Million 51 Thousand
Cost of Revenue 142.1 Million 99.43 Million 69.18 Million 45.98 Million 20.73 Million -
Gross Profit 389 Million 270.06 Million 181.58 Million 115.7 Million 50.02 Million 51 Thousand
Operating Expenses 402.26 Million 335.25 Million 241.59 Million 131.72 Million 62.92 Million -
Selling, General and Administrative Expenses 207.91 Million 184.81 Million 137.76 Million 78.69 Million 31.36 Million -
Research and Development Expenses 194.35 Million 150.44 Million 103.83 Million 53.02 Million 31.56 Million -
Other Expenses - -676 Thousand 49 Thousand 303 Thousand 571 Thousand -
Cost and Expenses 544.36 Million 434.69 Million 310.77 Million 177.7 Million 83.65 Million -
Operating Income -13.25 Million -65.19 Million -60 Million -16.01 Million -12.89 Million 51 Thousand
Interest Expense - 7.23 Million - - - -
Income Tax Expense 1.71 Million 938 Thousand 177 Thousand 68 Thousand 1.22 Million -
Earnings before Tax 17.77 Million -58.63 Million -59.95 Million -15.7 Million -13.55 Million -
Net Income 16.06 Million -59.57 Million -60.13 Million -15.77 Million -14.78 Million -
Earnings Per Share Basic 0.35 -1.51 -1.57 -0.44 -0.41 -
Earnings Per Share Diluted 0.35 -1.51 -1.57 -0.44 -0.41 -
Weighted Average Shares Outstanding 46.52 Million 39.47 Million 38.27 Million 35.89 Million 35.89 Million -
Weighted Average Shares Outstanding (Diluted) 46.52 Million 39.47 Million 38.27 Million 35.89 Million 35.89 Million -
Gross Margin 0.73 0.73 0.72 0.72 0.71 1.00
EBIT Margin -0.01 -0.16 -0.23 -0.09 -0.15 1.00
Profit Margin 0.03 -0.16 -0.24 -0.10 -0.21 -
EBITDA -5.82 Million -60.02 Million -57.28 Million -13.75 Million -11.64 Million 51 Thousand
Earnings Before Tax Margin -0.02 -0.18 -0.24 -0.10 -0.18 1.00

Income Statement Charts