DUOL Q1 2026 Earnings — Income Statement Breakdown
For its Q1 2026 period (ending 2026-03-31), DUOL reported revenue of $292M, gross profit of $213M (73.0% gross margin), operating income of $45M, and net income of $43M (14.9% net margin). The flow of revenue into costs and profit is visualized below.
What changed
DUOL was profitable; revenue grew 3.2% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +3.2% | +3.6% | +0.1 pp |
Consensus estimate data is not available for this report.
DUOL Q1 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $292M | 100% |
| Cost of Revenue | −$79M | 27.0% |
| Gross Profit | $213M | 73.0% |
| Research & Development | −$83M | 28.4% |
| Selling, General & Administrative | −$86M | 29.3% |
| Operating Income | $45M | 15.3% |
| Other Income, net | −$786,000 | 0.3% |
| Income Tax Expense | −$12M | 4.1% |
| Net Income | $43M | 14.9% |
Source: DUOL filings on SEC EDGAR (period ended 2026-03-31). Data normalized by EarningsFyi.