DUOL FY 2022 Earnings — Duolingo, Inc. Revenue & Financial Results | Market Cap Arena

DUOLDuolingo, Inc.

$5B

FY 2022 Earnings

Technology Software - Application

Income Statement

Revenue

$369M+47.3% YoY

Gross Profit

$270M73.1% margin

Operating Income

-$65M-17.6% margin

Net Income

-$60M-16.1% margin

EPS (Diluted)

$-1.51

Cash Flow

Operating Cash Flow

$54M

Free Cash Flow

$44M

Stock-Based Comp.

$74M

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$902M

Stockholders' Equity

$542M

Cash & Equivalents

$608M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$369M	$251M	+47.3%
Gross Profit	$270M	$182M	+48.7%
Operating Income	-$65M	-$60M	-8.6%
Net Income	-$60M	-$60M	+0.9%