Flagship explainer
How Duolingo, Inc. makes its money
Start with a dollar of revenue and follow what the filing says remains.
Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.
| Filed line | Value | % of revenue | Source |
|---|---|---|---|
| $1.0B | 100% |
| |
| Cost of revenue | $288M | 28% |
|
| $749M | 72% |
| |
| $136M | 13% |
| |
| Income before tax | $182M | 18% |
|
| Income tax | −$232M | −22% |
|
| $414M | 40% |
|
Source:
- SEC filing · FY 2025Filing detailsAccession 0001628280-26-012494