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Duolingo DUOL Total Operating Expenses

Total Operating Expenses at other companies

Chegg logo
CheggCHGG
$31.46M-70.4%
Coursera logo
CourseraCOUR
$258.1M+119%

Other financials

Income statement

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Revenue$298.5M+18.3%
Gross profit$216.7M+18.7%
Operating income$33.9M+1.7%
Net income$33.2M-26.0%
EPS (diluted)$0.66-27.5%

Balance sheet

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Cash & equivalents$184.9M+104%
Total debt$86.1M+121%
Total equity$1.4B+44.3%
Total assets$2.1B+34.4%

Cash flow

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Operating cash flow$88.3M-2.7%
CapEx$6.9M+476%
Free cash flow$81.4M-9.1%

Valuation

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Market cap$5.74B-63.3%
Enterprise value$5.64B-63.8%
P/E14×-119×
P/S-12.6×

Profitability

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Gross margin72.7%+0.7pp
Operating margin13.7%+4.2pp
Net margin35.9%+22.6pp
FCF margin35.6%-1.5pp

Returns & leverage

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Return on equity34.4%+21.0pp
Debt / equity0.1×0.0×
Current ratio2.7×-0.1×

Where this comes from

Reported directly by Duolingo in its filing.

Tagged under the XBRL concept us-gaap:OperatingExpenses.

The source filing: Duolingo’s 10-Q, filed August 6, 2026.

Filed
Aug 5, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-053603
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Research and development92,19573,670175,169144,060
Sales and marketing40,00729,56379,25656,225
General and administrative50,59345,98596,93989,435
Total operating expenses182,795149,218351,364289,720
Income from operations33,94533,36378,47256,957
Other (expense) income, net(410)1,660(1,196)2,661
Income before interest income and income taxes33,53535,02377,27659,618
Interest income11,83111,42723,64221,842

Item 1. Financial Statements (Unaudited)

FAQ

What is Duolingo's total operating expenses?
Duolingo (DUOL) reported total operating expenses of $182.8M in Q2 2026.
How has Duolingo's total operating expenses changed year-over-year?
Duolingo's total operating expenses increased by 22.5% year-over-year, from $149.22M to $182.8M.
What is the long-term trend for Duolingo's total operating expenses?
Over 4 years (2021 to 2025), Duolingo's total operating expenses has grown at a 26.3% compound annual growth rate (CAGR), from $241.59M to $613.89M.
What does total operating expenses mean?
The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.

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