$DUOL Market Cap: $14.34 Billion
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Financial Snapshot

Revenue
$748.0M
TTM
Gross Margin
72.82%
TTM
Net Earnings
$88.57M
TTM
Current Assets
$1.102B
Q4 2024
Current Liabilities
$422.2M
Q4 2024
Current Ratio
260.9%
Q4 2024
Total Assets
$1.302B
Q4 2024
Total Liabilities
$477.2M
Q4 2024
Book Value
$824.6M
Q4 2024
Cash
$785.8M
Q4 2024
P/E
161.9
Apr 10, 2025 EST
Free Cash Flow
$268.0M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2024 2023 2022 2021 2020 2019
Revenue $748.0M $531.1M $369.5M $250.8M $161.7M $70.76M
YoY Change 40.84% 43.74% 47.34% 55.09% 128.51%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2024 2023 2022 2021 2020 2019
Revenue $748.0M $531.1M $369.5M $250.8M $161.7M $70.76M
Cost Of Revenue $203.6M $142.1M $99.43M $69.19M $45.99M $20.74M
Gross Profit $544.4M $389.0M $270.1M $181.6M $115.7M $50.02M
Gross Profit Margin 72.78% 73.24% 73.09% 72.41% 71.56% 70.69%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operating Profits/Loss YoY Change

Operating Earnings to Gross Profit Ratio

Operating Profit Margin

Operational Expenses

Concept 2024 2023 2022 2021 2020 2019
Selling, General & Admin $246.5M $207.9M $184.8M $137.8M $78.70M $31.97M
YoY Change 18.55% 12.5% 34.16% 75.05% 146.18%
% of Gross Profit 45.28% 53.45% 68.43% 75.86% 68.01% 63.9%
Research & Development $235.3M $194.4M $150.4M $103.8M $53.02M $31.56M
YoY Change 21.07% 29.19% 44.89% 95.82% 68.01%
% of Gross Profit 43.22% 49.96% 55.71% 57.18% 45.83% 63.09%
Depreciation & Amortization $10.85M $7.095M $4.870M $2.726M $2.256M $1.251M
YoY Change 52.98% 45.69% 78.65% 20.83% 80.34%
% of Gross Profit 1.99% 1.82% 1.8% 1.5% 1.95% 2.5%
Operating Expenses $481.8M $402.3M $335.3M $241.6M $131.7M $64.15M
YoY Change 19.77% 19.99% 38.77% 83.41% 105.34%
Operating Profit $62.60M -$13.26M -$65.20M -$60.01M -$16.01M -$14.13M
YoY Change -572.09% -79.66% 8.65% 274.79% 13.35%
Operating Profit To Gross Profit 11.5% -3.41% -24.14% -33.05% -13.84% -28.24%
Operating Profit To Revenue 8.37% -2.5% -17.64% -23.93% -9.9% -19.96%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019
Interest Expense $42.70M $31.09M $7.235M
YoY Change 37.33% 329.73%
% of Operating Profit 68.21%
Other Income/Expense, Net -$2.986M -$55.00K -$676.0K $49.00K $303.0K $571.0K
YoY Change 5329.09% -91.86% -1479.59% -83.83% -46.94%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019
Pretax Income $102.3M $17.78M -$58.64M -$59.96M -$15.71M -$13.55M
YoY Change 475.5% -130.32% -2.2% 281.7% 15.89%
Income Tax $13.73M $1.710M $938.0K $177.0K $68.00K $0.00
% Of Pretax Income 13.42% 9.62%
Net Earnings $88.57M $16.07M -$59.57M -$60.14M -$15.78M -$13.55M
YoY Change 451.28% -126.97% -0.93% 281.18% 16.39%
Net Earnings / Revenue 11.84% 3.03% -16.12% -23.98% -9.76% -19.15%
Basic Earnings Per Share $2.04 $0.39 -$1.51 -$2.57 -$1.24
Diluted Earnings Per Share $1.88 $0.35 -$1.51 -$2.57 -$1.24 -$377.6K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

No data

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

No data

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

No data

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019
Cash & Short-Term Investments $877.6M $747.6M $608.2M $553.9M $120.5M $59.84M
YoY Change 17.39% 22.93% 9.8% 359.72% 101.34%
Cash & Equivalents $785.8M $747.6M $608.2M $553.9M $120.5M $59.84M
Short-Term Investments $91.85M
Other Short-Term Assets $95.02M $61.21M $42.28M $32.19M $17.44M $9.075M
YoY Change 55.23% 44.8% 31.35% 84.55% 92.18%
Inventory
Prepaid Expenses
Receivables $128.9M $88.98M $46.73M $33.16M $20.45M $10.01M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $1.102B $897.8M $697.2M $619.3M $158.4M $78.92M
YoY Change 22.7% 28.78% 12.58% 291.0% 100.68%
Property, Plant & Equipment $66.44M $30.90M $35.48M $36.58M $14.50M $13.82M
YoY Change 115.04% -12.92% -3.02% 152.26% 4.92%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $98.29M
YoY Change
Other Assets $4.973M $5.219M $2.140M $894.0K $562.0K $524.0K
YoY Change -4.71% 143.88% 139.37% 59.07% 7.25%
Total Long-Term Assets $200.1M $56.16M $50.16M $42.04M $17.36M $16.14M
YoY Change 256.38% 11.95% 19.32% 142.18% 7.58%
Total Assets $1.302B $954.0M $747.3M $661.3M $175.7M $95.06M
YoY Change
Accounts Payable $6.381M $2.447M $1.177M $7.818M $2.196M $3.811M
YoY Change 160.77% 107.9% -84.94% 256.01% -42.38%
Accrued Expenses $2.581M $20.61M $15.00M $8.808M $5.814M $1.844M
YoY Change -87.48% 37.46% 70.25% 51.5% 215.29%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $422.2M $277.4M $181.8M $119.1M $65.69M $32.11M
YoY Change 52.23% 52.59% 52.58% 81.35% 104.6%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $54.66M $21.09M $23.50M $29.12M $8.131M $9.242M
YoY Change 159.11% -10.25% -19.3% 258.18% -12.02%
Total Long-Term Liabilities $54.66M $21.09M $23.50M $29.12M $8.131M $9.242M
YoY Change 159.11% -10.25% -19.3% 258.18% -12.02%
Total Liabilities $477.2M $298.5M $205.3M $148.3M $73.82M $41.35M
YoY Change 59.88% 45.4% 38.46% 100.83% 78.53%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2024 2023 2022 2021 2020 2019
Basic Shares Outstanding 39.47M shares 23.43M shares 12.74M shares
Diluted Shares Outstanding 47.10M shares 46.52M shares 39.47M shares 23.43M shares 12.74M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $14.339 Billion

About Duolingo Inc

Duolingo, Inc. is a language-learning website and mobile application, which engages in the development of a free language learning website and crowd sourced text translation platform. The company is headquartered in Pittsburgh, Pennsylvania and currently employs 830 full-time employees. The company went IPO on 2021-07-28. The firm is engaged in offering mobile learning platform, as well as a digital language proficiency assessment exam. The company operates a freemium business model namely the app and the Website are accessible free of charge, although Duolingo also offers premium services for a subscription fee. Its solutions consist of the Duolingo App, Super Duolingo, Duolingo Max, Duolingo English Test: AI-Driven Language Assessment, Duolingo for Schools, and Duolingo ABC. The Duolingo App offers courses in over 40 different languages, including Spanish, English, French, German, Italian, Portuguese, Japanese and Chinese. Duolingo can also be accessed by desktop computers via a web browser. Its subscription offering, Super Duolingo, offers learners additional features to enhance their learning experience. The company is also engaged in operating an animation and motion design studio.

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