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Operating Income for Duolingo (DUOL)

According to Duolingo's latest reported financial statements, the company's current operating income (TTM) is $135.57M USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

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TTM (last 4 quarters)

$135.57M

YoY change

+116.6%

5Y CAGR

N/A

Peak year (2025)

$135.57M

Cumulative operating income

$29.57M

Operating Income history chart for Duolingo (DUOL) from 2019 to 2025

Operating Income history table for Duolingo (DUOL) from 2019 to 2025

Fiscal yearPeriod endedReportedOperating IncomeYoY
2025$135.57M+116.6%
2024$62.59M-572.1%
2023-$13.26M-79.7%
2022-$65.19M+8.6%
2021-$60.01M+274.8%
2020-$16.01M+13.4%
2019-$14.13M

Operating Income values are taken from Duolingo's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

Analysis

In 2025, Duolingo (DUOL) operating income totalled $135.57M – surged 116.6% year-over-year.

The highest annual operating income of $135.57M was reported in 2025. The lowest in the available history was -$65.19M in 2022.

Within Technology, Duolingo (DUOL) ranks 9th among 8 peers we track. The peer median for operating income is $77.01B.

Duolingo Operating Income by Year

Duolingo Operating Income 2025: $135.57M

Duolingo operating income in 2025 was $135.57M, surged 116.6% from 2024. This figure represents the highest annual value in the available history.

Duolingo Operating Income 2024: $62.59M

Duolingo operating income in 2024 was $62.59M, plunged 572.1% below 2023.

Duolingo Operating Income 2023: -$13.26M

Duolingo operating income in 2023 was -$13.26M, plunged 79.7% below 2022.

Duolingo Operating Income 2022: -$65.19M

Duolingo operating income in 2022 was -$65.19M, grew 8.6% from 2021. This figure represents the lowest annual value in the available history.

Duolingo Operating Income 2021: -$60.01M

Duolingo operating income in 2021 was -$60.01M.

See more financial history for Duolingo (DUOL).

Sector peers — Operating Income

Companies in the same sector as Duolingo, ranked by their latest operating income.

CompanyOperating IncomeSector
Taiwan Semiconductor Manufacturing Company Limited (TSM)$1.96TTechnology
Apple Inc. (AAPL)$133.05BTechnology
NVIDIA Corporation (NVDA)$130.39BTechnology
Microsoft Corporation (MSFT)$128.53BTechnology
Broadcom Inc. (AVGO)$25.48BTechnology
ASML Holding N.V. (ASML)$11.30BTechnology
Micron Technology, Inc. (MU)$9.87BTechnology
Advanced Micro Devices, Inc. (AMD)$3.69BTechnology

Frequently asked questions

What is Duolingo's operating income?

Latest reported operating income for Duolingo (DUOL) is $135.57M (period ending December 31, 2025).

How has Duolingo operating income changed year-over-year?

Duolingo (DUOL) operating income changed +116.6% year-over-year on the latest annual filing.

When did Duolingo operating income hit its highest annual value?

Duolingo operating income reached its highest annual value of $135.57M in 2025.

What was Duolingo operating income in 2024?

Duolingo (DUOL) operating income in 2024 was $62.59M.

What was Duolingo operating income in 2025?

Duolingo (DUOL) operating income in 2025 was $135.57M.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.