DUOL Q4 2022 Earnings — Duolingo, Inc. Revenue & Financial Results | Market Cap Arena

DUOLDuolingo, Inc.

$5B

Q4 2022 Earnings

Technology Software - Application

Income Statement

Revenue

$104M+42.2% YoY

Gross Profit

$76M73.3% margin

Operating Income

-$18M-17.5% margin

Net Income

-$14M-13.4% margin

EPS (Diluted)

$-0.35

QoQ Revenue Growth

+8.1%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

$11M

Stock-Based Comp.

$21M

Balance Sheet

Total Assets

$747M

Total Liabilities

$205M

Stockholders' Equity

$542M

Cash & Equivalents

$608M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$104M	$73M	+42.2%
Gross Profit	$76M	$53M	+43.3%
Operating Income	-$18M	-$17M	-4.2%
Net Income	-$14M	-$18M	+20.5%