Duolingo, Inc. — Earnings
Most recent reported period: FY2025 (Q4) (filed for period ending 2025-12-31) · sourced from SEC EDGAR
Next earnings (estimated): Wed, April 1, 2026 — 32 days overdue (likely already filed but EDGAR cache cold). Anchored to latest quarter-end + 91 days. Analyst-confirmed dates land in a follow-up wave.
YoY = vs same quarter prior year (seasonality-adjusted)
Recent earnings · last 8 quarters
| Quarter end | Revenue | YoY | Net Income | YoY | Op. Margin |
|---|---|---|---|---|---|
| 2025-12-31 | $283M | ↑+35.0% | $42M | ↑+201.7% | 15.4% |
| 2025-09-30 | $272M | ↑+41.1% | $292M | ↑+1150.8% | 12.9% |
| 2025-06-30 | $252M | ↑+41.5% | $45M | ↑+83.9% | 13.2% |
| 2025-03-31 | $231M | ↑+37.7% | $35M | ↑+30.3% | 10.2% |
| 2024-12-31 | $210M | ↑+38.8% | $14M | ↑+14.8% | 6.6% |
| 2024-09-30 | $193M | ↑+39.9% | $23M | ↑+732.2% | 7.0% |
| 2024-06-30 | $178M | ↑+40.6% | $24M | ↑+553.7% | 10.5% |
| 2024-03-31 | $168M | ↑+44.9% | $27M | ↑+1144.0% | 9.8% |
Analyst consensus estimates (EPS / Revenue) and implied move from options will land in a follow-up wave. For now, YoY-vs-prior-year-quarter is the surprise proxy.
Last earnings · FY2025 (Q4)
Revenue
$283M
↑+35.0% +$73M YoY
Net Income
$42M
↑+671.6% +$37M YoY
Earnings surprise · last 8 quarters
YoY % change · proxy for analyst surprise until estimates landEPS history · last 10 fiscal years
diluted, GAAP, annualNote: EPS reflects WEIGHTED-AVERAGE diluted shares for each fiscal year. Pre-stock- split values can blow up the early bars if SEC's XBRL data isn't split-adjusted — flagged as a known limitation; cumulative split-adjustment is a follow-up.
Margin trends · 23 quarters
margin trajectory tells the operating-leverage storyGross Margin↑+0.9pts
72.8%
Operating Margin↑+8.7pts
15.4%
Net Margin↑+8.2pts
14.8%
Go deeper
DUOL Sankey — flow of dollars
See how revenue waterfalls through every line item to net income for the latest reported quarter, with prior-period comparison.
Open SankeyDUOL Key Metrics — EPS, ROE, ROIC
10 CFA-grade fundamental ratios — EPS, BVPS, ROE, ROA, ROIC, Debt/Equity, Current Ratio. Compare across years.
Open Key Metrics