Duolingo Inc (DUOL)
Operating profit margin
| Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 11,699 | -13,259 | -36,206 | -51,698 | -61,867 | -65,195 | -64,458 | -72,996 | -58,440 |
| Revenue (ttm) | US$ in thousands | 583,001 | 531,109 | 483,948 | 442,389 | 403,936 | 369,495 | 338,685 | 306,215 | 276,632 |
| Operating profit margin | 2.01% | -2.50% | -7.48% | -11.69% | -15.32% | -17.64% | -19.03% | -23.84% | -21.13% |
March 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $11,699K ÷ $583,001K
= 2.01%
Duolingo Inc's operating profit margin has shown a mixed trend over the past few quarters, reflecting fluctuations in the company's profitability. The operating profit margin was negative in some quarters, indicating that operating expenses exceeded operating income. However, there has been a gradual improvement in the operating profit margin from -23.84% in June 2022 to 2.01% in March 2024. This suggests that the company has been able to control its operating expenses more effectively and generate higher operating income relative to revenue in recent periods. An increasing operating profit margin is generally a positive sign as it indicates improved efficiency and profitability in the company's operations.
Peer comparison
Mar 31, 2024