DUOL Q3 2025 Earnings — Duolingo, Inc. Revenue & Financial Results | Market Cap Arena

DUOLDuolingo, Inc.

$5B

Q3 2025 Earnings

Technology Software - Application

Income Statement

Revenue

$272M+41.1% YoY

Gross Profit

$197M72.5% margin

Operating Income

$35M12.9% margin

Net Income

$292M107.5% margin

EPS (Diluted)

$5.95

QoQ Revenue Growth

+7.7%

Cash Flow

Operating Cash Flow

$84M

Free Cash Flow

$79M

Stock-Based Comp.

$36M

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$578M

Stockholders' Equity

$1.3B

Cash & Equivalents

$1.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$272M	$193M	+41.1%
Gross Profit	$197M	$140M	+40.2%
Operating Income	$35M	$14M	+159.0%
Net Income	$292M	$23M	+1150.8%

Revenue Segments

License and Service

$229M84%

Advertising

$21M8%

In-App Purchases

$11M4%

English Test

$10M4%

Product And Service, Other Miscellaneous

$458,0000%