Duolingo, Inc.
About Duolingo, Inc.
Duolingo Inc is a technology company that develops a mobile learning platform to learn languages. Its products are powered by sophisticated data analytics and artificial intelligence and delivered with class art, animation, and design to make it easier for learners to stay motivated, master new material, and achieve their learning goals. Its solutions include the Duolingo Language Learning App, Super Duolingo, Duolingo English Test: AI-Driven Language Assessment, Duolingo For Schools, Duolingo ABC, and Duolingo Math. It has four predominant sources of revenue: time-based subscriptions, in-app advertising placement by third parties, the Duolingo English Test, and In-App purchases. Geographically, the company generates revenue from its customers in the United States and other markets.
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Financial summary
- Revenue FY2025
- $1.0B
- Net income
- $414.1M
- Total assets
- $2.0B
- Market cap
- $5.1B
- Gross margin
- 72.2%
- Operating margin
- 13.1%
- Net margin
- 39.9%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $1.0B
- Cost of revenue
- $288.1M
- Gross profit
- $749.5M
- Operating expenses
- $613.9M
- Operating income
- $135.6M
- Income tax
- -$231.7M
- Net income
- $414.1M
- EPS (basic)
- $9.05
- EPS (diluted)
- $8.57
Balance sheet
- Total assets
- $2.0B
- Current assets
- $1.4B
- Total liabilities
- $645.2M
- Current liabilities
- $551.1M
- Shareholders’ equity
- $1.3B
Cash flow
- Operating cash flow
- $387.8M
- Investing cash flow
- -$107.7M
- Financing cash flow
- -$29.5M
- Net cash flow
- $250.6M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year
52-week range
- Market cap
- $5.1B
- P/E ratio
- 13.8
- EPS (diluted)
- $8.57
- Shares outstanding
- 43.1M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Jul 28, 2021
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- Profitable — net income of $414.1M in FY2025.
- Revenue grew 314% from FY2021 to FY2025.
- Gross margin of 72.2%, net margin 39.9%.
- Trading 78% below its 52-week high.
- Valued at a price-to-earnings (P/E) ratio of 13.8.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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