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Duolingo, Inc. (DUOL)
NASDAQ: DUOL · Real-Time Price · USD
342.12
+6.90 (2.06%)
Dec 20, 2024, 4:00 PM EST - Market closed

Duolingo Revenue by Segment
Period Ending Sep 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
550.67M 498.95M 450.24M 404.74M 365.39M 331.66M 301.65M 273.48M
Subscription Growth
50.71% 50.44% 49.26% 48.00% 48.24% 50.52% 51.85% 51.34%
Other
88.78M 63.20M 37.59M 35.30M 32.17M 27.85M 22.99M 18.50M
Other Growth
175.98% 126.94% 63.50% 90.77% 113.48% 135.47% 147.14% 167.56%
Advertising
- - 51.24M 49.92M 47.54M 46.45M 44.57M 44.69M
Advertising Growth
- - 14.95% 11.71% 6.28% 7.69% 8.78% 16.06%
English Test
- - 43.97M 41.19M 38.77M 36.36M 34.60M 32.71M
English Test Growth
- - 27.09% 25.94% 19.66% 17.66% 24.90% 32.65%

Operating Metrics

Period Ending Sep 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
790.01M 732.15M 679.55M 622.20M 557.60M 506.70M 466.70M 428.70M
Bookings Growth
41.68% 44.49% 45.61% 45.14% 41.85% 39.39% 41.21% 45.72%
Paid Users
8.60M 8.00M 7.40M 6.60M 5.80M 5.20M 4.80M 4.20M
Paid Users Growth
48.28% 53.85% 54.17% 57.14% 56.76% 57.58% 65.52% 68.00%
Paid Users as Percentage of MAU
7.60% 7.70% 7.60% 8.30% 8.00% 7.90% 6.60% 7.80%
Paid Users as Percentage of MAU Growth
-5.00% -2.53% 15.15% 6.41% 8.11% 9.72% -2.94% 25.81%

Users
Period Ending Sep 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
113.10M 103.60M 97.60M 88.40M 83.10M 74.10M 72.60M 60.70M
Monthly Actives Growth
36.10% 39.81% 34.44% 45.63% 47.08% 49.70% 47.56% 43.16%
Daily Actives
37.20M 34.10M 31.40M 26.90M 24.20M 21.40M 20.30M 16.30M
Daily Actives Growth
53.72% 59.35% 54.68% 65.03% 62.42% 62.12% 62.40% 61.39%

Operating Expense Breakdown
Period Ending Sep 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
219.16M 206.59M 199.39M 194.35M 188.57M 180.24M 166.51M 150.44M
Research and Development Growth
16.22% 14.62% 19.75% 29.19% 38.66% 46.10% 49.89% 44.89%
General and Administrative
146.70M 141.72M 137.01M 132.14M 126.60M 123.43M 121.24M 117.85M
General and Administrative Growth
15.88% 14.81% 13.01% 12.13% 11.95% 9.75% 28.98% 49.95%
Sales and Marketing
84.80M 81.56M 79.12M 75.79M 75.70M 71.09M 68.63M 66.97M
Sales and Marketing Growth
12.02% 14.73% 15.29% 13.17% 21.22% 18.48% 26.30% 13.18%
Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.