Duolingo, Inc.
Duolingo, Inc. (Nasdaq: DUOL) provides a mobile-first learning platform whose flagship Duolingo app offers more than 250 language courses, along with courses in math, music and chess. The app is free to use, with advertising for nonpaying learners and paid subscriptions that add features and remove ads; its tiers… From the company’s description.
Over the twelve months to Sep 30, 2026, Duolingo, Inc. reported revenue of $1.18B, up 22.6% from a year earlier, and net income of $145.74M. Its operating margin was 12.4%, and operations generated $435.75M in cash. In fiscal 2025, it reported revenue of $1.04B, up 38.7% from fiscal 2024, and net income of $414.06M.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Duolingo, Inc. does
In the company’s own words
Duolingo, Inc. (Nasdaq: DUOL) provides a mobile-first learning platform whose flagship Duolingo app offers more than 250 language courses, along with courses in math, music and chess. The app is free to use, with advertising for nonpaying learners and paid subscriptions that add features and remove ads; its tiers include Super Duolingo and AI-powered Duolingo Max. The company also offers the Duolingo English Test, an online English proficiency assessment used for purposes including university admissions, and provides Duolingo for Schools and the early-literacy app Duolingo ABC. Its learners include consumers worldwide, while the English Test serves people demonstrating proficiency and education programs that accept its results. Duolingo operates these products on a shared technology platform and does not identify reportable business segments in the provided business description. At December 31, 2025, it had more than 130 million monthly active users and more than 900 employees. Its website is www.duolingo.com.
Company details
- Sector
- Consumer Discretionary
- Industry (SIC)
- Prepackaged Software
- Headquarters
- PITTSBURGH, PA
- Fiscal year end
- December
- CIK
- 1562088
- SIC
- 7372
Financial performance, year by year
Fiscal 2021–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Duolingo, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Duolingo, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Could not be determined for this company: bond issues.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
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