DUOL FY 2021 Earnings — Duolingo, Inc. Revenue & Financial Results | Market Cap Arena

DUOLDuolingo, Inc.

$5B

FY 2021 Earnings

Technology Software - Application

Income Statement

Revenue

$251M+55.1% YoY

Gross Profit

$182M72.4% margin

Operating Income

-$60M-23.9% margin

Net Income

-$60M-24.0% margin

EPS (Diluted)

$-1.57

Cash Flow

Operating Cash Flow

$9M

Free Cash Flow

$3M

Stock-Based Comp.

$41M

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$768M

Stockholders' Equity

$513M

Cash & Equivalents

$554M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$251M	$162M	+55.1%
Gross Profit	$182M	$116M	+56.9%
Operating Income	-$60M	-$16M	-274.8%
Net Income	-$60M	-$16M	-281.2%