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

157.17 4.10 −2.54%
Market cap
$7.4B
P/E
50.7×
Fwd P/E
48.1×
Dividend yield
—
F-score
3/9
Altman Z
8.95
Beneish M
−1.63
Dividend safety
n/a

Duolingo, Inc. (DUOL) Revenue growth

Alert me on Revenue growth

Duolingo, Inc.'s revenue growth over the twelve months to 30 September 2026 was 22.6%, down 16.1 percentage points from fiscal 2025 (38.7%). Over the past ten years it has ranged from −56.2% (fiscal 2019) to 128.5% (fiscal 2020); the current reading is higher than 29% of that period. That is above the Software Application industry median of 12.3% and above the Technology sector median of 11.8%.

Revenue growth, annual

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Annual newest first

Period Revenue growth Change (points)
FY2025 38.7% (2.13)
FY2024 40.8% (2.90)
FY2023 43.7% (3.60)
FY2022 47.3% (7.75)
FY2021 55.1% (73.42)
FY2020 128.5% 184.75
FY2019 −56.2% —

Quarterly newest first

Period Revenue growth Change (points)
Sep 2026 13.7% (4.58)
Jun 2026 18.3% (8.22)
Mar 2026 26.5% (8.46)
Dec 2025 35.0% (6.09)
23 more quarters

Against its own ten years

Low −56.2% High 128.5%
Ten-year median 43.7%
Current reading's percentile 29

Revenue growth against peers

Company Revenue growth
TTAN ServiceTitan Inc. compare 22.9%
YOU CLEAR Secure, Inc. compare 22.9%
DUOL Duolingo, Inc. 22.6%
APPF AppFolio, Inc. compare 20.0%
CVLT CommVault Systems, Inc. compare 14.3%
YMM Full Truck Alliance Co. Ltd. Sponsored ADR compare 12.2%
LYFT Lyft, Inc. compare 10.8%
IDCC InterDigital, Inc. compare −12.0%
NAVN Navan, Inc. compare —
Software Application industry median 12.3%
Technology sector median 11.8%
Market median 7.58%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

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