Duolingo, Inc.

Duolingo, Inc.

DUOL
Duolingo, Inc.US flagNASDAQ Global Select
158.82
USD
+0.97
- -
7.40BMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.22
5.05
6.55
9.37
12.89
16.65
22.25
24.62
Basic EPS, GAAP
-0.43
-0.49
-1.57
-1.51
0.39
1.97
8.88
8.83
Free Cash Flow per Basic Share
-0.1
0.43
0.08
1.1
3.65
6.08
7.93
8.77
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-2.34
-2.25
13.41
13.43
15.41
18.35
28.89
30.17
Tangible Book Value per Share
-2.39
-2.31
13.29
13.12
14.94
17.67
27.52
28.82
Basic Weighted Avg Shares
32
32
38
39
41
45
47
47
Sales/Revenue/Turnover
71
162
251
369
531
748
1,038
1,145
Operating Margin (%)
-18.23
-9.9
-23.93
-17.64
-2.5
8.37
13.07
13.72
Depreciation Expense
1
2
3
5
7
11
14
16
Net Income, GAAP
-14
-16
-60
-60
16
89
414
411
Effective Tax Rate (%)
- -
- -
- -
- -
9.62
13.42
- -
71.7
Profit Margin (%)
-19.15
-9.76
-23.98
-16.12
3.03
11.84
39.91
35.87
Working Capital
47
93
500
515
620
679
885
993
LT Debt
9
8
29
24
21
55
94
86
Total Equity
-84
-81
513
542
656
825
1,347
1,410
Return on Invested Capital (%)
- -
- -
- -
- -
-1.91
6.92
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
-11.29
2.68
11.97
38.14
34.42

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
94
92
86
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
47
47
47
Market Capitalization
8,183
4,617
5,374

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,437
1,506
1,571
Cash, Cash Equivalents & STI
1,140
1,252
1,314
Accounts Receivable, Net
163
125
131
Inventories
- -
- -
- -
Total Current Liabilities
551
574
578
Payables & Accruals
55
61
73
ST Debt
- -
- -
- -
Deferred Revenue
496
513
505

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-124.02%
63.36%
Free Cash Flow
- -
330.57%
35.23%
Net Income, GAAP
- -
194.41%
367.48%
Sales/Revenue/Turnover
- -
45.14%
38.71%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
168
178
193
210
748
2025
231
252
272
283
1,038
2026
292
298
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.63
0.56
0.53
0.31
1.97
2025
0.78
0.98
6.36
0.9
8.88
2026
0.93
0.71
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Luis Alfonso von Ahn Arellano
Full Time Employees
900
Sector
Technology
Industry
Software - Application
Address
5900 Penn Avenue Pittsburgh PA United States of America 15206
IPO Date
Jul 28, 2021
Business
Duolingo, Inc. (DUOL) develops and operates a leading mobile learning platform that offers gamified courses in more than 40 languages including Spanish, English, French, German, Italian, Portuguese, Japanese and Chinese; music; mathematics; and chess, alongside the Duolingo English Test for language certification and Duolingo ABC, a literacy app for young children aged 3-8. The company employs a freemium model with free ad-supported access, premium Super Duolingo subscriptions providing ad-free learning, unlimited attempts and AI-enhanced features, in-app purchases of virtual currency and power-ups, and revenue from its low-cost English proficiency assessments. Founded in 2011 by Luis von Ahn and Severin Hacker and headquartered in Pittsburgh, Pennsylvania, Duolingo serves users worldwide across more than 100 countries with additional offices in New York City, Seattle, Detroit, Berlin and Beijing. Recent strategic moves include the 2024 acquisitions of Detroit-based animation studios Hobbs and earlier Gunner to bolster in-house creative capabilities following prior partnerships, as well as the acquisition of Berlin-based UberChord to accelerate music learning product development; the company also opened a new office in New York City in 2024 and continues to explore AI partnerships for curriculum enhancements.

Company News

  • Duolingo to Participate in Citi's 2026 Global TMT Conference

  • Duolingo stock jumps as charts flash warning amid transition from growth to value

  • Duolingo stock surges 5% as this analyst sees 42% upside

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  • Evercore Upgrades Duolingo to Outperform, Doubles Target to $210 — Stock Rises

  • Stock Futures Look to Start September on a Low Note

  • Here Are Tuesday’s Top Wall Street Analyst Research Calls: Akamai Technologies, Arista Networks, Booking Holdings, Cisco Systems, Dell Technologies, Duolingo, Robinhood Markets, PG&E, and More

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  • Duolingo Has Already Been Disrupting The Education Services Industry, But This Is Just The Beginning

  • Why Duolingo Stock Popped Today

  • Duolingo Stock Surges After Upgrade to Buy Rating

  • Duolingo Stock Jumps 22.1% in Three Months: Can the Rally Continue?

  • Should You Buy Duolingo as Growth Slows and Valuation Stays High?

  • Why is Duolingo stock surging 6% today

  • Duolingo Nears a ‘Turning Point' and It's Why This Analyst Upgraded the Stock to Buy

  • DA Davidson Says Duolingo Is Near a Turning Point After a 65% Fall

  • This Duolingo Analyst Turns Bullish; Here Are Top 5 Upgrades For Tuesday