DUOLDuolingo, Inc.

$5B

Q2 2025 Earnings

Technology Software - Application

Income Statement

Revenue

$252M+41.5% YoY

Gross Profit

$183M72.4% margin

Operating Income

$33M13.2% margin

Net Income

$45M17.8% margin

EPS (Diluted)

$0.91

QoQ Revenue Growth

+9.3%

Cash Flow

Operating Cash Flow

$91M

Free Cash Flow

$89M

Stock-Based Comp.

$35M

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$566M

Stockholders' Equity

$977M

Cash & Equivalents

$976M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$252M	$178M	+41.5%
Gross Profit	$183M	$131M	+39.4%
Operating Income	$33M	$19M	+78.4%
Net Income	$45M	$24M	+83.9%

Revenue Segments

License and Service

$211M84%

Advertising

$21M8%

In-App Purchases

$10M4%

English Test

$10M4%

Product And Service, Other Miscellaneous

$506,0000%

DUOL Q2 2025 Earnings — Duolingo, Inc. Revenue & Financial Results | Market Cap Arena