Duolingo, Inc.
DUOL Technology Software Application
Duolingo, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.0 billion, up 38.7% from fiscal 2024.
- Revenue
- +13.7%
- EPS
- −90.9%
- Free cash flow
- +15.6%
- Total debt
- −9.69%
Quarter to September 2026, against a year earlier
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Duolingo, Inc. (DUOL) Revenue
Duolingo, Inc.'s revenue for fiscal 2025 was $1.0B, up 38.7% from $748.0M in fiscal 2024. Over the twelve months to 30 September 2026 it was $1.2B. Over the past ten years it has ranged from $70.8M (fiscal 2019) to $1.0B (fiscal 2025) — the current reading is the highest in ten years. Revenue has risen for 6 consecutive fiscal years. Duolingo, Inc. ranks 56th of 201 Software Application companies by revenue.
Revenue, annual
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Annual newest first
| Period | Revenue | Change |
|---|---|---|
| FY2025 | $1.0B | 38.71% |
| FY2024 | $748.0M | 40.84% |
| FY2023 | $531.1M | 43.74% |
| FY2022 | $369.5M | 47.34% |
| FY2021 | $250.8M | 55.09% |
| FY2020 | $161.7M | 128.51% |
| FY2019 | $70.8M | — |
Quarterly newest first
| Period | Revenue | Change |
|---|---|---|
| Sep 2026 | $309.0M | 3.54% |
| Jun 2026 | $298.5M | 2.22% |
| Mar 2026 | $292.0M | 3.22% |
| Dec 2025 | $282.9M | 4.11% |
| 23 more quarters | Free account |
Against its own ten years
Revenue against peers
| Company | Revenue |
|---|---|
| LYFT Lyft, Inc. compare | $6.8B |
| YMM Full Truck Alliance Co. Ltd. Sponsored ADR compare | $1.9B |
| CVLT CommVault Systems, Inc. compare | $1.3B |
| DUOL Duolingo, Inc. | $1.2B |
| APPF AppFolio, Inc. compare | $1.1B |
| TTAN ServiceTitan Inc. compare | $1.1B |
| YOU CLEAR Secure, Inc. compare | $1.1B |
| NAVN Navan, Inc. compare | $825.9M |
| IDCC InterDigital, Inc. compare | $817.2M |
What Revenue is
Revenue tells an investor how much a company brought in from selling its goods and services over a period, before any costs are taken out.
Reported line item
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- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement