Duolingo, Inc. Detailed Financials

Full historical quarterly statements

Metric	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30
Total Revenue	292.0M	282.9M	271.7M	252.3M	230.7M	209.6M	192.6M	178.3M
Cost of Goods Sold	80.3M	78.4M	76.2M	71.2M	68.0M	60.5M	53.7M	48.6M
Gross Profit	211.7M	204.4M	195.5M	181.1M	162.7M	149.1M	138.9M	129.7M
R&D Expenses	82.1M	78.7M	81.9M	72.8M	69.6M	65.6M	62.2M	54.6M
Operating Expenses	166.8M	160.6M	155.9M	147.0M	139.0M	135.1M	124.9M	110.6M
Operating Income	44.9M	43.9M	39.6M	34.1M	23.7M	14.0M	14.1M	19.0M
Other Income / Gains	10.7M	10.6M	6.8M	12.4M	11.3M	8.3M	11.3M	9.7M
Net Income	43.5M	42.0M	292.2M	44.8M	35.1M	13.9M	23.4M	24.4M
EPS (Diluted)	0.93	0.90	6.36	0.98	0.78	0.31	0.53	0.56
Reported Currency	USD	USD	USD	USD	USD	USD	USD	USD
Gross Profit Ratio	0.725	0.723	0.719	0.718	0.705	0.711	0.721	0.727
General And Administrative Expenses	0	0	0	0	0	0	0	0
Selling And Marketing Expenses	0	0	0	0	0	0	0	0
Selling General And Administrative Expenses	84.7M	81.9M	74.0M	74.2M	69.4M	69.4M	62.6M	56.0M
Other Expenses	0	0	0	0	0	0	0	0
Cost And Expenses	247.1M	239.0M	232.1M	218.2M	207.0M	195.5M	178.5M	159.3M
Interest Income	11.8M	11.6M	11.8M	11.4M	10.4M	10.7M	11.2M	10.7M
Interest Expense	0	0	0	0	0	0	0	0
Depreciation And Amortization	4.2M	3.8M	3.6M	3.4M	3.6M	3.7M	2.9M	2.2M
Ebitda	49.1M	47.7M	43.2M	37.5M	27.3M	17.7M	16.9M	21.3M
Ebitdaratio	0.168	0.169	0.159	0.149	0.118	0.084	0.088	0.119
Operating Income Ratio	0.154	0.155	0.146	0.135	0.103	0.067	0.073	0.107
Income Before Tax	55.6M	54.5M	46.4M	46.5M	35.0M	22.4M	25.4M	28.7M
Income Before Tax Ratio	0.19	0.193	0.171	0.184	0.152	0.107	0.132	0.161
Income Tax Expense	12.1M	12.5M	-245.7M	1.7M	-125K	8.4M	2.0M	4.4M
Net Income Ratio	0.149	0.148	1.075	0.178	0.152	0.066	0.121	0.137
Epsdiluted	0.89	0.84	5.95	0.91	0.72	0.28	0.49	0.51
Weighted Average Shs Out	46.8M	46.6M	46.0M	45.6M	45.1M	44.9M	43.7M	43.3M
Weighted Average Shs Out Dil	49.0M	49.8M	49.1M	49.0M	48.5M	49.5M	48.0M	47.8M