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10-Q

Quarterly Report

Duolingo, Inc. DUOL

0001562088-25-000168

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Filed
Aug 7, 2025 12:00 AM ET
Period of report

On SEC.gov

Financials in this filing

Metric Period Value
Shares Diluted Q2 2025 · Jun 30, 2025 49M sh
Shares Diluted Q2 2025 · Jun 30, 2025 48.77M sh
Shares Diluted Q2 2025 · Jun 30, 2024 47.77M sh
Shares Diluted Q2 2025 · Jun 30, 2024 47.53M sh
Capex Q2 2025 · Jun 30, 2025 $2.51M
Capex Q2 2025 · Jun 30, 2024 $6.98M
Operating Cash Flow Q2 2025 · Jun 30, 2025 $196.31M
Operating Cash Flow Q2 2025 · Jun 30, 2024 $145.9M
Cash And Equivalents Q2 2025 · Jun 30, 2025 $976.23M
Cash And Equivalents Q2 2025 · Dec 31, 2024 $785.79M
Stockholders Equity Q2 2025 · Jun 30, 2025 $977.03M
Stockholders Equity Q2 2025 · Mar 31, 2025 $893.83M
Stockholders Equity Q2 2025 · Dec 31, 2024 $824.55M
Stockholders Equity Q2 2025 · Jun 30, 2024 $766.94M
Stockholders Equity Q2 2025 · Mar 31, 2024 $711.05M
Stockholders Equity Q2 2025 · Dec 31, 2023 $655.5M
Current Liabilities Q2 2025 · Jun 30, 2025 $471.38M
Current Liabilities Q2 2025 · Dec 31, 2024 $422.23M
Total Liabilities Q2 2025 · Jun 30, 2025 $565.53M
Total Liabilities Q2 2025 · Dec 31, 2024 $477.18M
Current Assets Q2 2025 · Jun 30, 2025 $1.32B
Current Assets Q2 2025 · Dec 31, 2024 $1.1B
Total Assets Q2 2025 · Jun 30, 2025 $1.54B
Total Assets Q2 2025 · Dec 31, 2024 $1.3B
Eps Diluted Q2 2025 · Jun 30, 2025 $0.91
Eps Diluted Q2 2025 · Jun 30, 2025 $1.64
Eps Diluted Q2 2025 · Jun 30, 2024 $0.51
Eps Diluted Q2 2025 · Jun 30, 2024 $1.08
Eps Basic Q2 2025 · Jun 30, 2025 $0.98
Eps Basic Q2 2025 · Jun 30, 2025 $1.76
Eps Basic Q2 2025 · Jun 30, 2024 $0.56
Eps Basic Q2 2025 · Jun 30, 2024 $1.19
Sga Expense Q2 2025 · Jun 30, 2025 $45.99M
Sga Expense Q2 2025 · Jun 30, 2025 $89.44M
Sga Expense Q2 2025 · Jun 30, 2024 $36.96M
Sga Expense Q2 2025 · Jun 30, 2024 $72.07M
Rd Expense Q2 2025 · Jun 30, 2025 $73.67M
Rd Expense Q2 2025 · Jun 30, 2025 $144.06M
Rd Expense Q2 2025 · Jun 30, 2024 $55.15M
Rd Expense Q2 2025 · Jun 30, 2024 $106.03M
Net Income Q2 2025 · Jun 30, 2025 $44.78M
Net Income Q2 2025 · Jun 30, 2025 $79.92M
Net Income Q2 2025 · Jun 30, 2024 $24.35M
Net Income Q2 2025 · Jun 30, 2024 $51.31M
Operating Income Q2 2025 · Jun 30, 2025 $33.36M
Operating Income Q2 2025 · Jun 30, 2025 $56.96M
Operating Income Q2 2025 · Jun 30, 2024 $18.7M
Operating Income Q2 2025 · Jun 30, 2024 $35.14M
Gross Profit Q2 2025 · Jun 30, 2025 $182.58M
Gross Profit Q2 2025 · Jun 30, 2025 $346.68M
Gross Profit Q2 2025 · Jun 30, 2024 $130.98M
Gross Profit Q2 2025 · Jun 30, 2024 $253.34M
Cost Of Revenue Q2 2025 · Jun 30, 2025 $69.68M
Cost Of Revenue Q2 2025 · Jun 30, 2025 $136.33M
Cost Of Revenue Q2 2025 · Jun 30, 2024 $47.35M
Cost Of Revenue Q2 2025 · Jun 30, 2024 $92.54M
Revenue Q2 2025 · Jun 30, 2025 $252.27M
Revenue Q2 2025 · Jun 30, 2025 $483.01M
Revenue Q2 2025 · Jun 30, 2024 $178.33M
Revenue Q2 2025 · Jun 30, 2024 $345.88M