Duolingo, Inc. — Income Charts
8 quarters of history · ending 2025-12-31 · SEC EDGAR
Source:10-K · 10-Q
Revenue, Gross Profit, Operating Income & Net Income
Margin (%)
Operating Expenses
Income Breakdown
Revenue↑+35.0% +$73M
$283M
Cost of Revenue↑+30.7% +$18M
$77M
Gross Profit↑+36.7% +$55M
$206M
R&D↑+19.8% +$13M
$80M
D&A↑+4.0% +$147K
$4M
Operating Income↑+213.0% +$30M
$43M
EBITDA↑+169.4% +$30M
$47M
Interest Income↑+8.4% +$899K
$12M
Other Income/Expense↑+75.3% +$2M
$-549K
Pretax Income↑+143.8% +$32M
$55M
Tax Provision↑+48.6% +$4M
$13M
Net Income↑+201.7% +$28M
$42M
Gross Margin↑+0.9pts
72.8%
Operating Margin↑+8.7pts
15.4%
Net Margin↑+8.2pts
14.8%
Effective Tax Rate↓-14.8pts
23.0%
Deferred Tax Assets
$239M
Deferred Tax Liabilities↓-100.0% -$312K
$0
NOL Carryforwards
—
ETR (Continuing Operations)↓-140.4pts
-127.0%
ETR Federal Statutory↑+0.0pts
21.0%
ETR State + Local (pp)↓-6.0pts
-9.8%
ETR Foreign Differential (pp)
-1.5%
Operating Lease Cost↑+77.9% +$2M
$4M
Revenue YoY Variation↓-3.8pts
35.0%
Income YoY Variation
213.0%
Revenue QoQ Variation↓-4.7pts
4.1%
Income QoQ Variation↑+21.3pts
23.6%