DUOL FY 2020 Earnings — Duolingo, Inc. Revenue & Financial Results | Market Cap Arena

DUOLDuolingo, Inc.

$5B

FY 2020 Earnings

Technology Software - Application

Income Statement

Revenue

$162M+128.5% YoY

Gross Profit

$116M71.6% margin

Operating Income

-$16M-9.9% margin

Net Income

-$16M-9.8% margin

EPS (Diluted)

$-0.44

Cash Flow

Operating Cash Flow

$18M

Free Cash Flow

$14M

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$176M

Total Liabilities

$256M

Stockholders' Equity

-$81M

Cash & Equivalents

$120M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$162M	$71M	+128.5%
Gross Profit	$116M	$50M	+131.3%
Operating Income	-$16M	-$14M	-13.4%
Net Income	-$16M	-$14M	-16.4%