Duolingo, Inc.

DUOL · NASDAQ
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$748$531$369$251
% Growth40.8%43.7%47.3%
Cost of Goods Sold$204$142$99$69
Gross Profit$544$389$270$182
% Margin72.8%73.2%73.1%72.4%
R&D Expenses$235$194$150$104
G&A Expenses$156$132$118$79
SG&A Expenses$246$208$185$138
Sales & Mktg Exp.$90$76$67$59
Other Operating Expenses$0$0$0$0
Operating Expenses$482$402$335$242
Operating Income$63-$13-$65-$60
% Margin8.4%-2.5%-17.6%-23.9%
Other Income/Exp. Net$40$31$7$0
Pre-Tax Income$102$18-$59-$60
Tax Expense$14$2$1$0
Net Income$89$16-$60-$60
% Margin11.8%3%-16.1%-24%
EPS2.040.35-1.51-1.57
% Growth482.9%123.2%3.8%
EPS Diluted1.880.35-1.51-1.57
Weighted Avg Shares Out44473938
Weighted Avg Shares Out Dil47473938
Supplemental Information
Interest Income$43$31$7$0
Interest Expense$0$0$0$0
Depreciation & Amortization$11$7$5$3
EBITDA$73-$6-$60-$57
% Margin9.8%-1.2%-16.3%-22.8%