DUOL Q4 2024 Earnings — Duolingo, Inc. Revenue & Financial Results | Market Cap Arena

DUOLDuolingo, Inc.

$5B

Q4 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$210M+38.8% YoY

Gross Profit

$151M71.9% margin

Operating Income

$14M6.6% margin

Net Income

$14M6.6% margin

EPS (Diluted)

$0.31

QoQ Revenue Growth

+8.8%

Cash Flow

Operating Cash Flow

$83M

Free Cash Flow

$81M

Stock-Based Comp.

$30M

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$1.6B

Stockholders' Equity

$825M

Cash & Equivalents

$786M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$210M	$151M	+38.8%
Gross Profit	$151M	$110M	+36.4%
Operating Income	$14M	$5M	+189.5%
Net Income	$14M	$12M	+14.8%

Revenue Segments

License and Service

$174M83%

Advertising

$14M7%

English Test

$11M5%

In-App Purchases

$9M4%

Product And Service, Other Miscellaneous

$384,0000%