DUOL Q4 2023 Earnings — Duolingo, Inc. Revenue & Financial Results | Market Cap Arena

DUOLDuolingo, Inc.

$5B

Q4 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$151M+45.4% YoY

Gross Profit

$110M73.1% margin

Operating Income

$5M3.2% margin

Net Income

$12M8.0% margin

EPS (Diluted)

$0.25

QoQ Revenue Growth

+9.7%

Cash Flow

Operating Cash Flow

$49M

Free Cash Flow

$45M

Stock-Based Comp.

$25M

Balance Sheet

Total Assets

$954M

Total Liabilities

$298M

Stockholders' Equity

$656M

Cash & Equivalents

$748M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$151M	$104M	+45.4%
Gross Profit	$110M	$76M	+45.2%
Operating Income	$5M	-$18M	+126.4%
Net Income	$12M	-$14M	+187.0%