Duolingo, Inc. (DUOL)
NASDAQ: DUOL · Real-Time Price · USD
315.00
-17.94 (-5.39%)
At close: Mar 28, 2025, 4:00 PM
312.95
-2.05 (-0.65%)
After-hours: Mar 28, 2025, 7:56 PM EDT

Duolingo Revenue by Segment

Period Ending Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021
Subscription
607.51M 550.67M 498.95M 450.24M 404.74M 365.39M 331.66M 301.65M
Subscription Growth
50.10% 50.71% 50.44% 49.26% 48.00% 48.24% 50.52% 51.85%
Other
114.75M 88.78M 63.20M 37.59M 35.30M 32.17M 27.85M 22.99M
Other Growth
225.11% 175.98% 126.94% 63.50% 90.77% 113.48% 135.47% 147.14%
Advertising
- - - 51.24M 49.92M 47.54M 46.45M 44.57M
Advertising Growth
- - - 14.95% 11.71% 6.28% 7.69% 8.78%
English Test
- - - 43.97M 41.19M 38.77M 36.36M 34.60M
English Test Growth
- - - 27.09% 25.94% 19.66% 17.66% 24.90%

Operating Metrics

Period Ending Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020
Bookings
870.61M 790.01M 732.15M 679.55M 622.20M 557.60M 506.70M 466.70M
Bookings Growth
39.92% 41.68% 44.49% 45.61% 45.14% 41.85% 39.39% 41.21%
Paid Users
9.50M 8.60M 8.00M 7.40M 6.60M 5.80M 5.20M 4.80M
Paid Users Growth
43.94% 48.28% 53.85% 54.17% 57.14% 56.76% 57.58% 65.52%
Paid Users as Percentage of MAU
8.80 7.60 7.70 7.60 8.30 8.00 7.90 6.60
Paid Users as Percentage of MAU Growth
6.02% -5.00% -2.53% 15.15% 6.41% 8.11% 9.72% -2.94%

Users

Period Ending Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021
Monthly Actives
116.70M 113.10M 103.60M 97.60M 88.40M 83.10M 74.10M 72.60M
Monthly Actives Growth
32.01% 36.10% 39.81% 34.44% 45.63% 47.08% 49.70% 47.56%
Daily Actives
40.50M 37.20M 34.10M 31.40M 26.90M 24.20M 21.40M 20.30M
Daily Actives Growth
50.56% 53.72% 59.35% 54.68% 65.03% 62.42% 62.12% 62.40%

Operating Expense Breakdown

Period Ending Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021
Research and Development
235.30M 219.16M 206.59M 199.39M 194.35M 188.57M 180.24M 166.51M
Research and Development Growth
21.07% 16.22% 14.62% 19.75% 29.19% 38.66% 46.10% 49.89%
General and Administrative
155.99M 146.70M 141.72M 137.01M 132.14M 126.60M 123.43M 121.24M
General and Administrative Growth
18.05% 15.88% 14.81% 13.01% 12.13% 11.95% 9.75% 28.98%
Sales and Marketing
90.49M 84.80M 81.56M 79.12M 75.79M 75.70M 71.09M 68.63M
Sales and Marketing Growth
19.40% 12.02% 14.73% 15.29% 13.17% 21.22% 18.48% 26.30%
Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.