DUOL FY 2024 Earnings — Duolingo, Inc. Revenue & Financial Results | Market Cap Arena

DUOLDuolingo, Inc.

$5B

FY 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$748M+40.8% YoY

Gross Profit

$544M72.8% margin

Operating Income

$63M8.4% margin

Net Income

$89M11.8% margin

EPS (Diluted)

$1.88

Cash Flow

Operating Cash Flow

$286M

Free Cash Flow

$273M

Stock-Based Comp.

$110M

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$1.6B

Stockholders' Equity

$825M

Cash & Equivalents

$786M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$748M	$531M	+40.8%
Gross Profit	$544M	$389M	+39.9%
Operating Income	$63M	-$13M	+572.1%
Net Income	$89M	$16M	+451.3%