See more : Tokyu Fudosan Holdings Corporation (TKFOY) Income Statement Analysis – Financial Results
Complete financial analysis of Duolingo, Inc. (DUOL) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Duolingo, Inc., a leading company in the Software – Application industry within the Technology sector.
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Duolingo, Inc. (DUOL)
About Duolingo, Inc.
Duolingo, Inc. develops a language-learning website and mobile app in the United States and China. The company offers courses in 40 different languages, including Spanish, English, French, Japanese, German, Italian, Chinese, Portuguese, and others. It also provides a digital language proficiency assessment exam. The company was incorporated in 2011 and is headquartered in Pittsburgh, Pennsylvania.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2001 |
|---|---|---|---|---|---|---|
| Revenue | 531.11M | 369.50M | 250.77M | 161.70M | 70.76M | 51.00K |
| Cost of Revenue | 142.11M | 99.43M | 69.19M | 45.99M | 20.74M | 0.00 |
| Gross Profit | 389.00M | 270.06M | 181.59M | 115.71M | 50.02M | 51.00K |
| Gross Profit Ratio | 73.24% | 73.09% | 72.41% | 71.56% | 70.69% | 100.00% |
| Research & Development | 194.35M | 150.44M | 103.83M | 53.02M | 31.56M | 0.00 |
| General & Administrative | 132.12M | 117.85M | 78.59M | 43.71M | 16.37M | 0.00 |
| Selling & Marketing | 75.79M | 66.97M | 59.17M | 34.98M | 14.99M | 0.00 |
| SG&A | 207.91M | 184.82M | 137.76M | 78.70M | 31.36M | 0.00 |
| Other Expenses | 0.00 | -676.00K | 49.00K | 303.00K | 571.00K | 0.00 |
| Operating Expenses | 402.26M | 335.26M | 241.59M | 131.72M | 62.92M | 0.00 |
| Cost & Expenses | 544.37M | 434.69M | 310.78M | 177.71M | 83.66M | 0.00 |
| Interest Income | 31.09M | 7.24M | 19.00K | 231.00K | 0.00 | 0.00 |
| Interest Expense | 0.00 | 7.24M | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 7.10M | 4.87M | 2.73M | 2.26M | 1.25M | 0.00 |
| EBITDA | -5.83M | -60.03M | -57.28M | -13.76M | -11.65M | 51.00K |
| EBITDA Ratio | -1.10% | -16.33% | -22.84% | -8.51% | -14.72% | 100.00% |
| Operating Income | -13.26M | -65.20M | -60.01M | -16.01M | -12.90M | 51.00K |
| Operating Income Ratio | -2.50% | -17.64% | -23.93% | -9.90% | -18.23% | 100.00% |
| Total Other Income/Expenses | 31.04M | 6.56M | 49.00K | 303.00K | -657.00K | 0.00 |
| Income Before Tax | 17.78M | -58.64M | -59.96M | -15.71M | -13.55M | 0.00 |
| Income Before Tax Ratio | 3.35% | -15.87% | -23.91% | -9.71% | -19.15% | 0.00% |
| Income Tax Expense | 1.71M | 938.00K | 177.00K | 68.00K | 1.23M | 0.00 |
| Net Income | 16.07M | -59.57M | -60.14M | -15.78M | -14.78M | 0.00 |
| Net Income Ratio | 3.03% | -16.12% | -23.98% | -9.76% | -20.89% | 0.00% |
| EPS | 0.35 | -1.51 | -1.57 | -0.44 | -0.41 | 0.00 |
| EPS Diluted | 0.35 | -1.51 | -1.57 | -0.44 | -0.41 | 0.00 |
| Weighted Avg Shares Out | 46.52M | 39.47M | 38.27M | 35.89M | 35.89M | 0.00 |
| Weighted Avg Shares Out (Dil) | 46.52M | 39.47M | 38.27M | 35.89M | 35.89M | 0.00 |
Duolingo, Inc. (DUOL) Q2 2024 Earnings Call Transcript
Duolingo, Inc. (NASDAQ:DUOL ) Q2 2024 Earnings Conference Call August 7, 2024 5:30 PM ET Company Participants Debbie Belevan - Head, Investor Relations Luis von Ahn - Co-Founder and CEO Matt Skaruppa - Chief Financial Officer Conference Call Participants Andrew...
Here's What Key Metrics Tell Us About Duolingo (DUOL) Q2 Earnings
The headline numbers for Duolingo (DUOL) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Duolingo, Inc. (DUOL) Q2 Earnings and Revenues Surpass Estimates
Duolingo, Inc. (DUOL) came out with quarterly earnings of $0.51 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.08 per share a year ago.
Duolingo Hits 100M MAUs, Reports 59% DAU growth and 41% Revenue Growth in Second Quarter 2024
PITTSBURGH, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Duolingo, Inc. (NASDAQ: DUOL), the world's leading mobile learning platform, announced results for the second quarter ended June 30, 2024 in a shareholder letter that is posted at investors.duolingo.com.
Where Will Duolingo Be in 5 Years?
Duolingo has nearly tripled its revenue in just three years, boasting a higher cash-based profit margin than Apple and Alphabet. At the helm is co-founder and CEO Luis von Ahn, a leader with a history of ingenious innovations.
Pre-Q2 Earnings: Is Duolingo (DUOL) a Portfolio Must-Have?
Duolingo's (DUOL) second-quarter 2024 earnings and revenues are likely to increase year over year.
Duolingo: Strong Financial Performance, But Beware Of Market Fear
Duolingo has strong fundamentals with impressive revenue growth and profitability, but its valuation is relatively high. The company offers over 100 language courses and is focused on making learning personalized, fun, and accessible. Despite strong financial performance, market volatility and...
Beyond Gamification - Duolingo's Competitive Edge
Duolingo's stock experienced a 42% decline from its peak value but presents a buying opportunity amidst market uncertainty. DUOL's competitive advantage lies in its efficient learning process and academic recognition, making it a strong player in the language learning field....
Duolingo Earnings Preview: Downgrading To 'Hold' As Risk From OpenAI Is Unknown
Duolingo reported its Q1 FY24 earnings in May, where revenue and Adjusted EBITDA grew 45% and 190% YoY respectively, as it continued to attract, engage and convert users to Paid Subscribers. Since then, OpenAI has launched ChatGPT 4-o, which can...
Duolingo (DUOL) Q2 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Beyond analysts' top -and-bottom-line estimates for Duolingo (DUOL), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2024.
Source: https://incomestatements.info
Category: Stock Reports