DUOL Stock Income Statements $250.23 (+3.20%) At 2024-09-17 20:00:00 EST
Duolingo Income Statements
Duolingo Income Statements Table
Quarterly Income Statements
Quarterly
|
Annual
| Unit: USD | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| revenues | 178,327,000 | 167,553,000 | 150,985,000 | 137,624,000 | 126,839,000 | 115,661,000 | 103,824,000 | 96,065,000 | 88,386,000 | 81,220,000 | 73,014,000 | 63,595,000 | 58,803,000 |
| yoy | 40.59% | 44.87% | 45.42% | 43.26% | 43.51% | 42.40% | 42.20% | 51.06% | 50.31% | ||||
| qoq | 6.43% | 10.97% | 9.71% | 8.50% | 9.66% | 11.40% | 8.08% | 8.69% | 8.82% | 11.24% | 14.81% | 8.15% | |
| cost of revenues | 47,349,000 | 45,191,000 | 40,571,000 | 36,254,000 | 33,788,000 | 31,492,000 | 27,770,000 | 26,302,000 | 23,869,000 | 21,490,000 | 19,952,000 | 18,078,000 | 16,137,000 |
| gross profit | 130,978,000 | 122,362,000 | 110,414,000 | 101,370,000 | 93,051,000 | 84,169,000 | 76,054,000 | 69,763,000 | 64,517,000 | 59,730,000 | 53,062,000 | 45,517,000 | 42,666,000 |
| yoy | 40.76% | 45.38% | 45.18% | 45.31% | 44.23% | 40.92% | 43.33% | 53.27% | 51.21% | ||||
| qoq | 7.04% | 10.82% | 8.92% | 8.94% | 10.55% | 10.67% | 9.02% | 8.13% | 8.01% | 12.57% | 16.58% | 6.68% | |
| gross margin % | 73.45% | 73.03% | 73.13% | 73.66% | 73.36% | 72.77% | 73.25% | 72.62% | 72.99% | 73.54% | 72.67% | 71.57% | 72.56% |
| operating expenses: | |||||||||||||
| research and development | 55,147,000 | 50,878,000 | 50,256,000 | 50,305,000 | 47,947,000 | 45,844,000 | 44,470,000 | 41,976,000 | 34,217,000 | 29,781,000 | 30,019,000 | 29,345,000 | 21,940,000 |
| sales and marketing | 20,174,000 | 19,931,000 | 19,118,000 | 22,335,000 | 17,734,000 | 16,601,000 | 19,029,000 | 17,721,000 | 15,277,000 | 14,940,000 | 14,511,000 | 15,267,000 | 9,619,000 |
| general and administrative | 36,957,000 | 35,114,000 | 36,245,000 | 33,400,000 | 32,235,000 | 30,243,000 | 30,707,000 | 30,228,000 | 30,057,000 | 26,856,000 | 25,947,000 | 29,605,000 | 11,585,000 |
| total operating expenses | 112,278,000 | 105,923,000 | 105,619,000 | 106,040,000 | 97,916,000 | 92,688,000 | 94,206,000 | 89,925,000 | 79,551,000 | 71,577,000 | 70,477,000 | 74,217,000 | 43,144,000 |
| income from operations | 18,700,000 | 16,439,000 | 4,795,000 | -4,670,000 | -4,865,000 | -8,519,000 | -18,152,000 | -20,162,000 | -15,034,000 | -11,847,000 | -17,415,000 | -28,700,000 | -478,000 |
| yoy | -484.38% | -292.97% | -126.42% | -76.84% | -67.64% | -28.09% | 4.23% | -29.75% | 3045.19% | ||||
| qoq | 13.75% | 242.84% | -202.68% | -4.01% | -42.89% | -53.07% | -9.97% | 34.11% | 26.90% | -31.97% | -39.32% | 5904.18% | |
| operating margin % | 10.49% | 9.81% | 3.18% | -3.39% | -3.84% | -7.37% | -17.48% | -20.99% | -17.01% | -14.59% | -23.85% | -45.13% | -0.81% |
| other income | -707,000 | -621,000 | 1,699,000 | -1,023,000 | -268,000 | 182,000 | -1,490,000 | 1,770,000 | 130,000 | -279,000 | 10,750 | -219,000 | 303,000 |
| income before interest income and income taxes | 17,993,000 | 15,818,000 | 5,849,000 | -5,693,000 | -5,133,000 | -8,337,000 | -13,214,000 | -18,392,000 | -14,904,000 | -12,126,000 | -17,409,000 | -28,919,000 | -175,000 |
| interest income | 10,721,000 | 10,033,000 | 9,284,000 | 8,625,000 | 7,543,000 | 5,639,000 | |||||||
| income before income taxes | 28,714,000 | 25,851,000 | 15,133,000 | 2,932,000 | 2,410,000 | ||||||||
| benefit from income taxes | 4,363,000 | -1,105,000 | 3,016,000 | 125,000 | -1,315,000 | -116,000 | 716,000 | 53,000 | 141,000 | 28,000 | 108,000 | 51,000 | 1,000 |
| net income and comprehensive income | 24,351,000 | 26,956,000 | 12,117,000 | 2,807,000 | 3,725,000 | -2,582,000 | -13,930,000 | -18,445,000 | -15,045,000 | -12,154,000 | -17,517,000 | -28,970,000 | -176,000 |
| yoy | 553.72% | -1144.00% | -186.98% | -115.22% | -124.76% | -78.76% | -20.48% | -36.33% | 8448.30% | ||||
| qoq | -9.66% | 122.46% | 331.67% | -24.64% | -244.27% | -81.46% | -24.48% | 22.60% | 23.79% | -30.62% | -39.53% | 16360.23% | |
| net income margin % | 13.66% | 16.09% | 8.03% | 2.04% | 2.94% | -2.23% | -13.42% | -19.20% | -17.02% | -14.96% | -23.99% | -45.55% | -0.30% |
| net income per share | 0.56 | 0.63 | 0.29 | 0.07 | 0.09 | -0.06 | -0.35 | -0.46 | -0.38 | -0.31 | -0.28 | -0.98 | |
| income before benefit for income taxes | -2,698,000 | ||||||||||||
| basic loss per common share | -10 | ||||||||||||
| diluted loss per common share | -10 |
We provide you with 20 years income statements for Duolingo stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Duolingo stock. Explore the full financial landscape of Duolingo stock with our expertly curated income statements.
The information provided in this report about Duolingo stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.