The table below shows Duolingo, Inc.'s income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$1.04B
$748.02M
$531.11M
$369.50M
$250.77M
$161.70M
Cost of revenue
$288.13M
$203.65M
$142.10M
$99.43M
$69.19M
$45.99M
Gross profit
$749.46M
$544.38M
$389.00M
$270.06M
$181.59M
$115.71M
R&D
$306.32M
$235.30M
$194.35M
$150.44M
$103.83M
$53.02M
DUOL annual revenue (10-K history)
Duolingo, Inc. reported annual revenue of $1.04B for fiscal year 2025. That is up 38.7% from $748.02M in fiscal 2024. Over the 6 fiscal years shown, annual revenue grew from $161.70M (FY 2020) to $1.04B. Figures come from the company's audited annual reports as filed with the SEC.
