Duolingo, Inc.

NasdaqGS DUOL

Duolingo, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2024: 72.58%

Duolingo, Inc. Gross Profit Margin is 72.58% for the Trailing 12 Months (TTM) ending September 30, 2024, a -0.96% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.

Duolingo, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2023 was 73.28%, a 0.45% change year over year.
Duolingo, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2022 was 72.95%, a 0.58% change year over year.
Duolingo, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2021 was 72.53%.

Key data

Date	Gross Profit Margin	Operating Income Margin	EBT Margin	Net Income Margin

NasdaqGS: DUOL

Duolingo, Inc.

CEO	Dr. Luis Alfonso von Ahn Arellano Ph.D.
IPO Date	July 28, 2021
Location	United States
Headquarters	5900 Penn Avenue
Employees	720
Sector	Communication Services
Industries E-Learning E-commerce Mobile Apps

Description

Duolingo, Inc. develops a language-learning website and mobile app in the United States and China. The company offers courses in 40 different languages, including Spanish, English, French, Japanese, German, Italian, Chinese, Portuguese, and others. It also provides a digital language proficiency assessment exam. The company was incorporated in 2011 and is headquartered in Pittsburgh, Pennsylvania.

Key trends

Past 5 years