stockrowDuolingo, 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) Shares outstanding
Duolingo, Inc.'s shares outstanding at the end of fiscal 2025 was $48.3M, unchanged from fiscal 2024. At the end of the quarter to 30 September 2026 it was $50.3M. Over the past ten years it has ranged from $12.4M (fiscal 2019) to $48.3M (fiscal 2025) — the current reading is the highest in ten years. Duolingo, Inc. ranks 111th of 211 Software Application companies by shares outstanding.
Shares outstanding, annual
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Annual newest first
| Period | Shares outstanding | Change |
|---|---|---|
| FY2025 | $48.3M | 2.56% |
| FY2024 | $47.1M | 1.24% |
| FY2023 | $46.5M | 17.87% |
| FY2022 | $39.5M | 68.44% |
| FY2021 | $23.4M | 84.00% |
| FY2020 | $12.7M | 2.93% |
| FY2019 | $12.4M | — |
Quarterly newest first
| Period | Shares outstanding | Change |
|---|---|---|
| Sep 2026 | $50.3M | 0.55% |
| Jun 2026 | $50.0M | 2.13% |
| Mar 2026 | $49.0M | 1.41% |
| Dec 2025 | $48.3M | (1.70%) |
| 23 more quarters | Free account |
Against its own ten years
Shares outstanding against peers
| Company | Shares outstanding |
|---|---|
| YMM Full Truck Alliance Co. Ltd. Sponsored ADR compare | $1.0B |
| LYFT Lyft, Inc. compare | $386.3M |
| NAVN Navan, Inc. compare | $256.4M |
| YOU CLEAR Secure, Inc. compare | $102.7M |
| TTAN ServiceTitan Inc. compare | $95.9M |
| DUOL Duolingo, Inc. | $50.3M |
| CVLT CommVault Systems, Inc. compare | $42.2M |
| APPF AppFolio, Inc. compare | $35.6M |
| IDCC InterDigital, Inc. compare | $34.2M |
What Shares outstanding is
Shares (Diluted, Weighted) tells an investor how many shares a company’s earnings are spread across once potential new shares are counted.
Reported line item
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- Revenue
- 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
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement