DUOL Q1 2021 Earnings — Duolingo, Inc. Revenue & Financial Results | Market Cap Arena

DUOLDuolingo, Inc.

$5B

Q1 2021 Earnings

Technology Software - Application

Income Statement

Revenue

$55M+96.9% YoY

Gross Profit

$40M72.9% margin

Operating Income

-$13M-24.2% margin

Net Income

-$13M-24.3% margin

EPS (Diluted)

$-0.42

QoQ Revenue Growth

+14.7%

Cash Flow

Operating Cash Flow

$5M

Free Cash Flow

$3M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$177M

Total Liabilities

$275M

Stockholders' Equity

-$98M

Cash & Equivalents

$117M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$55M	$28M	+96.9%
Gross Profit	$40M	$20M	+102.7%
Operating Income	-$13M	-$2M	-446.4%
Net Income	-$13M	-$2M	-503.3%