DUOL Q4 2025 Earnings — Income Statement Breakdown
For its Q4 2025 period (ending 2025-12-31), DUOL reported revenue of $283M, gross profit of $206M (72.8% gross margin), operating income of $43M, and net income of $42M (14.8% net margin). The flow of revenue into costs and profit is visualized below.
What changed
DUOL was profitable; revenue grew 35.0% year over year, and EPS beat consensus by $0.15.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +35.0% | +208.2% | Not available |
| Quarter over quarter | +4.1% | −85.6% | Not available |
EPS was $0.94 versus $0.79 expected.
DUOL Q4 2025 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $283M | 100% |
| Cost of Revenue | −$77M | 27.2% |
| Gross Profit | $206M | 72.8% |
| Research & Development | −$80M | 28.1% |
| Selling, General & Administrative | −$83M | 29.3% |
| Operating Income | $43M | 15.4% |
| Other Income, net | −$549,000 | 0.2% |
| Income Tax Expense | −$13M | 4.4% |
| Net Income | $42M | 14.8% |
Source: original SEC filing (filed 2026-01-12). Accession 0001628280-26-001730. Data normalized by EarningsFyi.