Duolingo (DUOL) operating expenses was $614M in FY2025 (+27% YoY). The tables below show the complete quarterly and annual operating expenses history, sourced from SEC EDGAR 10-K and 10-Q filings.
Annual Operating Expenses
Fiscal Year
Operating Expenses
YoY
2025
$614M
+27%
2024
$482M
+20%
2023
$402M
+20%
2022
$335M
+39%
2021
$242M
+83%
2020
$132M
Recent Quarterly Operating Expenses
Quarter
Operating Expenses
Q2 2026
$183M
Q1 2026
$169M
Q4 2025
$162M
Q3 2025
$162M
Q2 2025
$149M
Q1 2025
$141M
Q4 2024
$137M
Q3 2024
$127M
Q2 2024
$112M
Q1 2024
$106M
Q4 2023
$106M
Q3 2023
$106M
Source: DUOL on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.