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Duolingo, Inc. (DUOL) Financial History

4 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

Technology · Software - Application · DATA UPDATED 2026-07-09

Duolingo, Inc. (DUOL) operates in the Software - Application industry and is headquartered in Pittsburgh, United States with about 900 employees. Its market capitalization is roughly $6 billion. In the fiscal year ended 2025-12-31, DUOL reported $1.0B in revenue and $414M in net income.

Duolingo, Inc. operates as a mobile learning platform in the United States, the United Kingdom, and internationally. The company offers 250 language courses, including Spanish, English, French, German, Italian, Portuguese, Japanese, and Chinese through its Duolingo app.

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DUOL Revenue & Earnings History — Annual Income Statement

Income statement2025-12-312024-12-312023-12-312022-12-31
Total Revenue$1.0B$748M$531M$370M
Gross Profit$750M$544M$389M$270M
Operating Income (EBIT)$136M$63M($13M)($65M)
Net Income$414M$89M$16M($60M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

DUOL Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-03-312025-12-312025-09-302025-06-302025-03-31
Total Revenue$292M$283M$272M$252M$231M
Gross Profit$213M$206M$197M$183M$164M
Operating Income (EBIT)$44M$44M$35M$33M$24M
Net Income$44M$42M$292M$45M$35M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

DUOL Free Cash Flow History

DUOL Balance Sheet History

Balance sheet2025-12-312024-12-312023-12-312022-12-312021-12-31
Total Assets$2.0B$1.3B$954M$747M
Total Liabilities$645M$477M$298M$205M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive DUOL viewer.

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