Duolingo, Inc. (DUOL) FY2026 Q2 P&L / Income Statement

Revenue by Product and Service

2026-04-01 to 2026-06-30

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Duolingo, Inc. (DUOL) FY2026 Q2 P&L / Income StatementIncome statement for 2026-04-01 through 2026-06-30. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETSubscriptionAdvertisingDuolingo English TestIAPsOtherRevenuesGross profitCost of revenuesIncome from operationsTotal operating expensesResearch and developmentGeneral and administrativeSales and marketingOther income (expense), net (calculated)Income before income taxesNet incomeProvision for income taxesOther income (expense), net (calculated)Other income,net (calculated)$11.42 MIncome before income taxesPretax income$45.37 MRevenuesRevenues$298.45 MGross profitGross profit$216.74 MIncome from operationsIncome from operations$33.95 MNet incomeNet income$33.16 MTotal operating expensesTotal operatingexpenses$182.80 MProvision for income taxesProvision forincome taxes$12.21 MSubscriptionSubscription$258.04 MResearch and developmentResearch and development$92.20 MGeneral and administrativeGeneral and administrative$50.59 MCost of revenuesCost of revenues$81.71 MAdvertisingAdvertising$21.05 MSales and marketingSales and marketing$40.01 MDuolingo English TestDuolingo English Test$10.11 MIAPsIAPs$8.00 MOtherOther$1.26 M
Chart details

Duolingo, Inc. (DUOL) FY2026 Q2 P&L / Income Statement

Income statement for 2026-04-01 through 2026-06-30. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenues
298,454,000 US dollars
Cost of revenues
81,714,000 US dollars
Gross profit
216,740,000 US dollars
Total operating expenses
182,795,000 US dollars
Income from operations
33,945,000 US dollars
Other income (expense), net (calculated)
11,421,000 US dollars
Income before income taxes
45,366,000 US dollars
Provision for income taxes
12,208,000 US dollars
Net income
33,158,000 US dollars
Subscription
258,035,000 US dollars
Advertising
21,052,000 US dollars
Duolingo English Test
10,109,000 US dollars
IAPs
8,002,000 US dollars
Other
1,256,000 US dollars
Research and development
92,195,000 US dollars
Sales and marketing
40,007,000 US dollars
General and administrative
50,593,000 US dollars

Chart connections

  • Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
Duolingo, Inc. (DUOL) FY2026 Q2 P&L / Income Statement Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

72.6%

Gross profit / revenue

Operating margin

11.4%

Operating profit / revenue

Cash conversion

266.2%

Operating cash / net income, same period

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