DUOL Q2 2022 Earnings — Duolingo, Inc. Revenue & Financial Results | Market Cap Arena

DUOLDuolingo, Inc.

$5B

Q2 2022 Earnings

Technology Software - Application

Income Statement

Revenue

$88M+50.3% YoY

Gross Profit

$65M73.0% margin

Operating Income

-$15M-17.0% margin

Net Income

-$15M-17.0% margin

EPS (Diluted)

$-0.38

QoQ Revenue Growth

+8.8%

Cash Flow

Operating Cash Flow

$13M

Free Cash Flow

$9M

Stock-Based Comp.

$18M

Balance Sheet

Total Assets

$701M

Total Liabilities

$173M

Stockholders' Equity

$528M

Cash & Equivalents

$591M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$88M	$59M	+50.3%
Gross Profit	$65M	$43M	+51.2%
Operating Income	-$15M	-$478,000	-3045.2%
Net Income	-$15M	-$176,000	-8448.3%