DUOL Q2 2026 Earnings — Income Statement Breakdown
For its Q2 2026 period (ending 2026-06-30), DUOL reported revenue of $298M, gross profit of $217M (72.6% gross margin), operating income of $34M, and net income of $33M (11.1% net margin). The flow of revenue into costs and profit is visualized below.
What changed
DUOL was profitable; revenue grew 2.2% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +2.2% | −23.7% | −3.8 pp |
Consensus estimate data is not available for this report.
DUOL Q2 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $298M | 100% |
| Cost of Revenue | −$82M | 27.4% |
| Gross Profit | $217M | 72.6% |
| Research & Development | −$92M | 30.9% |
| Selling, General & Administrative | −$91M | 30.4% |
| Operating Income | $34M | 11.4% |
| Other Income, net | $11M | 3.8% |
| Income Tax Expense | −$12M | 4.1% |
| Net Income | $33M | 11.1% |
Source: original SEC filing (filed 2026-08-05). Accession 0001628280-26-053299. Data normalized by EarningsFyi.