Duolingo, Inc. (DUOL)
NASDAQ: DUOL · Real-Time Price · USD
143.88
+3.00 (2.13%)
Aug 27, 2026, 11:28 AM EDT - Market open
Duolingo Financials Overview
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 1,145 | 1,038 | 748.02 | 531.11 | 369.5 | 250.77 |
Revenue Growth | 29.36% | 38.71% | 40.84% | 43.74% | 47.34% | 55.09% |
Gross Profit Gross Profit Growth | 832.62 | 749.46 | 544.38 | 389 | 270.06 | 181.59 |
Operating Income Operating Income Growth | 163.23 | 141.24 | 63.81 | -13.26 | -65.2 | -60.01 |
Net Income Net Income Growth | 410.77 | 414.07 | 88.57 | 16.07 | -59.57 | -60.14 |
Earnings Per Share EPS Growth | 8.39 | 8.57 | 1.88 | 0.35 | -1.51 | -2.57 |
EPS Growth | 241.49% | 355.85% | 437.14% | - | - | - |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Subscription Subscription Growth | 980.72 | 873.44 | 607.53 | 404.68 | 273.51 | 180.7 |
Advertising Advertising Growth | 82.91 | 79.73 | 54.91 | 49.86 | 44.73 | 38.5 |
Duolingo English Test Duolingo English Test Growth | 41.36 | 42.01 | 45.64 | 41.21 | 32.72 | 24.66 |
In-App Purchases In-App Purchases Growth | 37.1 | 40.48 | 38.65 | 34.67 | 17.91 | 6.84 |
Other Product Other Product Growth | 2.92 | 1.94 | 1.29 | 0.68 | 0.63 | 0.08 |
Revenue (Total) Revenue (Total) Growth | 1,145 | 1,038 | 748.02 | 531.11 | 369.5 | 250.77 |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 1,314 | 1,140 | 877.65 | 747.61 | 608.18 | 553.92 |
Total Debt Total Debt Growth | 86.14 | 100.98 | 57.24 | 25.04 | 28.41 | 32.46 |
Net Cash (Debt) Net Cash Growth | 1,228 | 1,039 | 820.41 | 722.57 | 579.77 | 521.46 |
Net Cash Growth | 22.64% | 26.70% | 13.54% | 24.63% | 11.18% | 368.74% |
Net Cash Per Share Net Cash Per Share Growth | 25.07 | 21.52 | 17.42 | 15.53 | 14.69 | 22.25 |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | 430.55 | 387.82 | 285.51 | 153.61 | 53.66 | 9.17 |
Capital Expenditures CapEx Growth | -22.62 | -18.1 | -12.12 | -3.19 | -5.56 | -3.59 |
Free Cash Flow Free Cash Flow Growth | 407.93 | 369.73 | 273.4 | 150.42 | 48.09 | 5.58 |
Free Cash Flow Growth | 24.27% | 35.23% | 81.75% | 212.77% | 761.28% | -61.04% |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Gross Margin | 72.72% | 72.23% | 72.78% | 73.24% | 73.09% | 72.41% |
Operating Margin | 14.26% | 13.61% | 8.53% | -2.50% | -17.64% | -23.93% |
Pretax Margin | 17.63% | 17.58% | 13.68% | 3.35% | -15.87% | -23.91% |
Profit Margin | 35.88% | 39.91% | 11.84% | 3.02% | -16.12% | -23.98% |
FCF Margin | 35.63% | 35.63% | 36.55% | 28.32% | 13.02% | 2.23% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Aug '26 Aug 27, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 16.80 | 19.59 | 161.01 | 593.19 | - | - |
Forward PE | 53.54 | 44.78 | 122.92 | - | - | - |
P/FCF Ratio | 16.69 | 21.94 | 52.16 | 63.36 | 59.41 | 712.07 |
PS Ratio | 5.95 | 7.82 | 19.07 | 17.95 | 7.73 | 15.86 |