What are Duolingo's profit margins?

Gross margin is 72.7% and operating margin is 14.2%, with a 38.4% net margin.

Where does Duolingo's income statement data come from?

Every line is extracted from Duolingo's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Duolingo DUOL Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Total revenue	$1.1B+5.9%	$1.04B+7.6%	$964.27M+8.9%	$885.15M+9.1%	$811.21M+8.4%
Total cost of revenue	$300.36M+4.2%	$288.13M+6.7%	$270.06M+9.1%	$247.44M+9.9%	$225.1M+10.5%
Gross profit	$798.46M+6.5%	$749.46M+8.0%	$694.21M+8.9%	$637.72M+8.8%	$586.11M+7.7%
Gross margin	72.7%+0.4pp	72.2%+0.2pp	72%-0.1pp	72%-0.2pp	72.3%-0.5pp
Research and development	$318.91M+4.1%	$306.32M+4.5%	$293.16M+7.3%	$273.33M+7.3%	$254.81M+8.3%
Selling and marketing	$138.26M+10.0%	$125.68M+8.2%	$116.12M+8.9%	$106.61M+9.7%	$97.23M+7.4%
General and administrative	$184.78M+1.6%	$181.89M+1.7%	$178.93M+3.2%	$173.36M+5.5%	$164.33M+5.3%
Total operating expenses	$641.95M+4.6%	$613.89M+4.4%	$588.22M+6.3%	$553.3M+7.2%	$516.36M+7.2%
Operating income	$156.5M+15.4%	$135.57M+27.9%	$106M+25.6%	$84.41M+21.0%	$69.75M+11.4%
Operating margin	14.2%+1.2pp	13.1%+2.1pp	11%+1.5pp	9.5%+0.9pp	8.6%+0.2pp
Other income (expense), net	——	——	-$69K-107%	$1M+174%	-$1.36M+54.3%
Income before income taxes	$202.95M+11.3%	$182.41M+21.4%	$150.26M+16.3%	$129.2M+15.9%	$111.47M+9.0%
Income tax expense	-$231.99M+5.0%	-$244.2M-3.6%	-$235.76M-2,062%	$12.02M-18.3%	$14.71M+7.1%
Net income	$422.39M+2.0%	$414.07M+7.3%	$386.02M+229%	$117.18M+21.1%	$96.75M+9.2%
Net margin	38.4%-1.5pp	39.9%-0.1pp	40%+26.8pp	13.2%+1.3pp	11.9%+0.1pp
Diluted earnings per share	$8.69+2.0%	$8.52+8.0%	$7.89+225%	$2.43+19.7%	$2.03+8.0%
EBITDA	$171.5M+14.4%	$149.96M+24.7%	$120.24M+22.7%	$97.98M+19.3%	$82.12M+11.8%
EBITDA margin	15.6%+1.2pp	14.5%+2.0pp	12.5%+1.4pp	11.1%+0.9pp	10.1%+0.3pp
EBIT	$156.5M+15.4%	$135.57M+27.9%	$106M+25.6%	$84.41M+21.0%	$69.75M+11.4%

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Questions, answered.

What are Duolingo's profit margins?: Gross margin is 72.7% and operating margin is 14.2%, with a 38.4% net margin.
Where does Duolingo's income statement data come from?: Every line is extracted from Duolingo's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.