DUOL Q4 2021 Earnings — Duolingo, Inc. Revenue & Financial Results | Market Cap Arena

DUOLDuolingo, Inc.

$5B

Q4 2021 Earnings

Technology Software - Application

Income Statement

Revenue

$73M+51.3% YoY

Gross Profit

$53M72.7% margin

Operating Income

-$17M-23.9% margin

Net Income

-$18M-24.0% margin

EPS (Diluted)

$-0.46

QoQ Revenue Growth

+14.8%

Cash Flow

Operating Cash Flow

$432,000

Free Cash Flow

-$676,000

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$661M

Total Liabilities

$148M

Stockholders' Equity

$513M

Cash & Equivalents

$554M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$73M	$48M	+51.3%
Gross Profit	$53M	$35M	+49.9%
Operating Income	-$17M	-$11M	-64.7%
Net Income	-$18M	-$10M	-68.3%

Revenue Segments

License and Service

$91M73%

Advertising

$20M16%

English Test

$13M11%