Duolingo Inc (DUOL)
178.37
-2.62
(-1.45%)
USD |
NASDAQ |
May 14, 16:00
180.00
+1.63
(+0.91%)
After-Hours: 19:14
Duolingo Gross Profit Margin (Quarterly): 73.03% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | 73.03% |
| December 31, 2023 | 73.13% |
| September 30, 2023 | 73.66% |
| June 30, 2023 | 73.36% |
| March 31, 2023 | 72.77% |
| December 31, 2022 | 73.25% |
| September 30, 2022 | 72.62% |
| June 30, 2022 | 72.99% |
| March 31, 2022 | 73.54% |
| Date | Value |
|---|---|
| December 31, 2021 | 72.67% |
| September 30, 2021 | 71.57% |
| June 30, 2021 | 72.56% |
| March 31, 2021 | 72.87% |
| December 31, 2020 | 73.35% |
| September 30, 2020 | 71.08% |
| June 30, 2020 | 70.49% |
| March 31, 2020 | 70.78% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
70.49%
Minimum
Jun 2020
73.66%
Maximum
Sep 2023
72.57%
Average
72.87%
Median
Mar 2021
Gross Profit Margin (Quarterly) Benchmarks
| Bumble Inc | 69.64% |
| Okta Inc | 76.03% |
| CrowdStrike Holdings Inc | 75.33% |
| Snowflake Inc | 68.79% |
| Intuit Inc | 74.75% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 7.26% |
| Return on Assets | 5.05% |
| Return on Invested Capital | 7.26% |
| Profit Margin (Quarterly) | 16.09% |
| Operating Margin (Quarterly) | 9.81% |
| Return on Net Operating Assets | 26.81% |