The table below shows Duolingo, Inc.'s income statement by quarter, as reported in the company's quarterly filings. All figures are in US dollars; negative values appear in red.
Line item
Q1 2026
Q3 2025
Q2 2025
Q1 2025
Q3 2024
Q2 2024
Revenue
$291.97M
$271.71M
$252.26M
$230.74M
$192.59M
$178.33M
Cost of revenue
$78.87M
$74.80M
$69.68M
$66.65M
$52.18M
$47.35M
Gross profit
$213.10M
$196.91M
$182.58M
$164.10M
$140.41M
$130.98M
R&D
$82.97M
$82.71M
$73.67M
$70.39M
$62.88M
$55.15M
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.
