GURUFOCUS.COM » STOCK LIST » Technology » Software » Duolingo Inc (NAS:DUOL) » Definitions » Gross Profit

DUOL (Duolingo) Gross Profit : $544.4 Mil (TTM As of Dec. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Duolingo Gross Profit?

Duolingo's gross profit for the three months ended in Dec. 2024 was $150.6 Mil. Duolingo's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $544.4 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Duolingo's gross profit for the three months ended in Dec. 2024 was $150.6 Mil. Duolingo's Revenue for the three months ended in Dec. 2024 was $209.6 Mil. Therefore, Duolingo's Gross Margin % for the quarter that ended in Dec. 2024 was 71.88%.

Duolingo had a gross margin of 71.88% for the quarter that ended in Dec. 2024 => Durable competitive advantage

During the past 6 years, the highest Gross Margin % of Duolingo was 73.24%. The lowest was 70.69%. And the median was 72.60%.


Duolingo Gross Profit Historical Data

The historical data trend for Duolingo's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Duolingo Gross Profit Chart

Duolingo Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial 115.71 181.59 270.06 389.00 544.38

Duolingo Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 110.41 122.36 130.98 140.41 150.63

Competitive Comparison of Duolingo's Gross Profit

For the Software - Application subindustry, Duolingo's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Duolingo's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Duolingo's Gross Profit distribution charts can be found below:

* The bar in red indicates where Duolingo's Gross Profit falls into.


;
;

Duolingo Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Duolingo's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=748.024 - 203.645
=544.4

Duolingo's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=209.55 - 58.925
=150.6

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $544.4 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Duolingo's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=150.6 / 209.55
=71.88 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Duolingo  (NAS:DUOL) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Duolingo had a gross margin of 71.88% for the quarter that ended in Dec. 2024 => Durable competitive advantage


Duolingo Gross Profit Related Terms

Thank you for viewing the detailed overview of Duolingo's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Duolingo Business Description

Traded in Other Exchanges
Address
5900 Penn Avenue, Pittsburgh, PA, USA, 15206
Duolingo Inc is a technology company that develops a mobile learning platform to learn languages and is the top-grossing app in the Education category on both Google Play and the Apple App Store. Its products are powered by sophisticated data analytics and artificial intelligence and delivered with class art, animation, and design to make it easier for learners to stay motivated master new material, and achieve their learning goals. Its solutions include the Duolingo Language Learning App, Super Duolingo, Duolingo English Test: AI-Driven Language Assessment, Duolingo For Schools, Duolingo ABC, and Duolingo Math. It has four predominant sources of revenue; time-based subscriptions, in-app advertising placement by third parties, and the Duolingo English Test, and In-App Purchases.
Executives
James H Shelton director 469 FLORIDA AVENUE NW, WASHINGTON DC 20001
Ahn Luis Von director, 10 percent owner, officer: President & CEO, Co-Founder C/O ROOT, INC., 80 E. RICH STREET, SUITE 500, COLUMBUS OH 43215
Natalie Glance officer: SVP, Engineering C/O DUOLINGO, INC., 5900 PENN AVE., PITTSBURGH PA 15206
Severin Hacker director, 10 percent owner, officer: Chief Technology Officer,, other: Co-Founder C/O DUOLINGO, INC., 5900 PENN AVE., PITTSBURGH PA 15206
Matthew Skaruppa officer: Chief Financial Officer C/O DUOLINGO, INC., 5900 PENN AVE., PITTSBURGH PA 15206
Stephen C. Chen officer: General Counsel C/O DUOLINGO, INC., 5900 PENN AVE., PITTSBURGH PA 15206
Robert Meese officer: Chief Business Officer C/O DUOLINGO, INC., 5900 PENN AVE., PITTSBURGH PA 15206
Sara Clemens director C/O PANDORA MEDIA, INC., 2101 WEBSTER STREET, #1650, OAKLAND CA 94612
Amy Bohutinsky director C/O ZILLOW GROUP, INC., 1301 SECOND AVENUE, FLOOR 31, SEATTLE WA 98101
Durable Capital Partners Lp 10 percent owner 4747 BETHESDA AVENUE, SUITE #1002, BETHESDA MD 20814
Gillian Munson director C/O XO GROUP INC., 195 BROADWAY, 25TH FLOOR, NEW YORK NY 10007
Newview Capital Partners I, Llc 10 percent owner 1201 HOWARD AVENUE, SUITE 101, BURLINGAME CA 94010
Ravi Viswanathan 10 percent owner 1954 GREENSPRING DRIVE, SUITE 600, TIMONIUM MD 21093
Newview Capital Fund I, L.p. 10 percent owner 1290 HOWARD AVE, SUITE 319, BURLINGAME CA 94010
Kpcb Digital Growth Founders Fund, Llc 10 percent owner 2750 SAND HILL ROAD, MENLO PARK CA 94025