Duolingo, Inc. (DUOL)
NASDAQ: DUOL · Real-Time Price · USD
128.25
+5.67 (4.63%)
Aug 7, 2026, 10:08 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 | 157.09 | 135.57 | 62.6 | -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 | 8.44 | 8.57 | 1.88 | 0.35 | -1.51 | -2.57 |
EPS Growth | 247.33% | 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 | 93.78 | 54.66 | 21.09 | 23.5 | 29.12 |
Net Cash (Debt) Net Cash Growth | 1,228 | 1,047 | 822.99 | 726.52 | 584.68 | 524.8 |
Net Cash Growth | 22.28% | 27.18% | 13.28% | 24.26% | 11.41% | 367.07% |
Net Cash Per Share Net Cash Per Share Growth | 25.17 | 21.67 | 17.47 | 15.62 | 14.81 | 22.40 |
| 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 | 13.72% | 13.07% | 8.37% | -2.50% | -17.64% | -23.93% |
Pretax Margin | 17.63% | 17.58% | 13.68% | 3.35% | -15.87% | -23.91% |
Profit Margin | 35.87% | 39.91% | 11.84% | 3.03% | -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 7, 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 | 14.62 | 20.48 | 172.46 | 648.14 | - | - |
Forward PE | 45.32 | 44.78 | 122.92 | - | - | - |
P/FCF Ratio | 14.06 | 22.13 | 53.29 | 64.13 | 59.69 | 727.26 |
PS Ratio | 5.01 | 7.89 | 19.48 | 18.16 | 7.77 | 16.19 |