Listed

Duolingo, Inc.

DUOLNasdaqCIK 1562088TechnologyFiscal year ends Dec 31

Latest reported revenue, Q2 FY2026$298.5mRevenue, Q2 FY2026, three months to 2026-06-30$298.5m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-06, accession 0001628280-26-053603.Report this figureThree months to Jun 30, 2026, from the 10-Q filed Aug 6, 2026.

Latest quarter: Q2 FY2026

Three months to Jun 30, 2026, against the same quarter a year earlier.

  • Revenue$298.5mRevenue, Q2 FY2026, three months to 2026-06-30$298.5m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-06, accession 0001628280-26-053603.Report this figure+18.3% on a year earlier
  • Gross margin72.6%Gross margin, Q2 FY2026, three months to 2026-06-30. gross profit / revenueGross profit: $216.7m. XBRL concept us-gaap:GrossProfit. 10-Q filed 2026-08-06, accession 0001628280-26-053603.Revenue: $298.5m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-06, accession 0001628280-26-053603.Report this figure+0.2 pts on a year earlier
  • Operating margin11.4%Operating margin, Q2 FY2026, three months to 2026-06-30. operating income / revenueOperating income: $33.9m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-08-06, accession 0001628280-26-053603.Revenue: $298.5m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-06, accession 0001628280-26-053603.Report this figure−1.9 pts on a year earlier
  • Net margin11.1%Net margin, Q2 FY2026, three months to 2026-06-30. net income / revenueNet income: $33.2m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-08-06, accession 0001628280-26-053603.Revenue: $298.5m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-06, accession 0001628280-26-053603.Report this figure−6.6 pts on a year earlier
  • Diluted EPS$0.66Diluted EPS, Q2 FY2026, three months to 2026-06-30$0.66 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-08-06, accession 0001628280-26-053603.Report this figure−27.5% on a year earlier
  • Free cash flow$81.4mFree cash flow, Q2 FY2026, three months to 2026-06-30. operating cash flow − capital expenditureOperating cash flow: $88.3m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-08-06, accession 0001628280-26-053603. Derived: 6-month figure less the 3-month figure.Capital expenditure: $6.9m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2026-08-06, accession 0001628280-26-053603. Derived: 6-month figure less the 3-month figure.Report this figure−9.1% on a year earlier

Last eight quarters

Full statements
Revenue$298.5mGross margin 72.6%
Diluted EPS$0.66, Q2 FY2026
Free cash flow$81.4m, Q2 FY2026
Duolingo, Inc., key figures for the last eight quarters
Line itemUnitQ3 FY20242024-09-30Q4 FY20242024-12-31Q1 FY20252025-03-31Q2 FY20252025-06-30Q3 FY20252025-09-30Q4 FY20252025-12-31Q1 FY20262026-03-31Q2 FY20262026-06-30Shape over the periods
Revenue$m193Revenue, Q3 FY2024, three months to 2024-09-30$192.6m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2025-11-06, accession 0001628280-25-049743.Report this figure210Revenue, Q4 FY2024, three months to 2024-12-31$209.6m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-27, accession 0001628280-26-012494. Derived: 12-month figure less the 9-month figure.Report this figure231Revenue, Q1 FY2025, three months to 2025-03-31$230.7m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-05-05, accession 0001628280-26-029976.Report this figure252Revenue, Q2 FY2025, three months to 2025-06-30$252.3m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-06, accession 0001628280-26-053603.Report this figure272Revenue, Q3 FY2025, three months to 2025-09-30$271.7m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2025-11-06, accession 0001628280-25-049743.Report this figure283Revenue, Q4 FY2025, three months to 2025-12-31$282.9m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-27, accession 0001628280-26-012494. Derived: 12-month figure less the 9-month figure.Report this figure292Revenue, Q1 FY2026, three months to 2026-03-31$292.0m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-05-05, accession 0001628280-26-029976.Report this figure298Revenue, Q2 FY2026, three months to 2026-06-30$298.5m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-06, accession 0001628280-26-053603.Report this figure
Gross margin%72.9%Gross margin, Q3 FY2024, three months to 2024-09-30. gross profit / revenueGross profit: $140.4m. XBRL concept us-gaap:GrossProfit. 10-Q filed 2025-11-06, accession 0001628280-25-049743.Revenue: $192.6m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2025-11-06, accession 0001628280-25-049743.Report this figure71.9%Gross margin, Q4 FY2024, three months to 2024-12-31. gross profit / revenueGross profit: $150.6m. XBRL concept us-gaap:GrossProfit. 10-K filed 2026-02-27, accession 0001628280-26-012494. Derived: 12-month figure less the 9-month figure.Revenue: $209.6m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-27, accession 0001628280-26-012494. Derived: 12-month figure less the 9-month figure.Report this figure71.1%Gross margin, Q1 FY2025, three months to 2025-03-31. gross profit / revenueGross profit: $164.1m. XBRL concept us-gaap:GrossProfit. 10-Q filed 2026-05-05, accession 0001628280-26-029976.Revenue: $230.7m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-05-05, accession 0001628280-26-029976.Report this figure72.4%Gross margin, Q2 FY2025, three months to 2025-06-30. gross profit / revenueGross profit: $182.6m. XBRL concept us-gaap:GrossProfit. 10-Q filed 2026-08-06, accession 0001628280-26-053603.Revenue: $252.3m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-06, accession 0001628280-26-053603.Report this figure72.5%Gross margin, Q3 FY2025, three months to 2025-09-30. gross profit / revenueGross profit: $196.9m. XBRL concept us-gaap:GrossProfit. 10-Q filed 2025-11-06, accession 0001628280-25-049743.Revenue: $271.7m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2025-11-06, accession 0001628280-25-049743.Report this figure72.8%Gross margin, Q4 FY2025, three months to 2025-12-31. gross profit / revenueGross profit: $205.9m. XBRL concept us-gaap:GrossProfit. 10-K filed 2026-02-27, accession 0001628280-26-012494. Derived: 12-month figure less the 9-month figure.Revenue: $282.9m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-27, accession 0001628280-26-012494. Derived: 12-month figure less the 9-month figure.Report this figure73.0%Gross margin, Q1 FY2026, three months to 2026-03-31. gross profit / revenueGross profit: $213.1m. XBRL concept us-gaap:GrossProfit. 10-Q filed 2026-05-05, accession 0001628280-26-029976.Revenue: $292.0m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-05-05, accession 0001628280-26-029976.Report this figure72.6%Gross margin, Q2 FY2026, three months to 2026-06-30. gross profit / revenueGross profit: $216.7m. XBRL concept us-gaap:GrossProfit. 10-Q filed 2026-08-06, accession 0001628280-26-053603.Revenue: $298.5m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-06, accession 0001628280-26-053603.Report this figure
Operating margin%7.0%Operating margin, Q3 FY2024, three months to 2024-09-30. operating income / revenueOperating income: $13.6m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2025-11-06, accession 0001628280-25-049743.Revenue: $192.6m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2025-11-06, accession 0001628280-25-049743.Report this figure6.6%Operating margin, Q4 FY2024, three months to 2024-12-31. operating income / revenueOperating income: $13.9m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2026-02-27, accession 0001628280-26-012494. Derived: 12-month figure less the 9-month figure.Revenue: $209.6m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-27, accession 0001628280-26-012494. Derived: 12-month figure less the 9-month figure.Report this figure10.2%Operating margin, Q1 FY2025, three months to 2025-03-31. operating income / revenueOperating income: $23.6m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-05-05, accession 0001628280-26-029976.Revenue: $230.7m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-05-05, accession 0001628280-26-029976.Report this figure13.2%Operating margin, Q2 FY2025, three months to 2025-06-30. operating income / revenueOperating income: $33.4m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-08-06, accession 0001628280-26-053603.Revenue: $252.3m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-06, accession 0001628280-26-053603.Report this figure12.9%Operating margin, Q3 FY2025, three months to 2025-09-30. operating income / revenueOperating income: $35.2m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2025-11-06, accession 0001628280-25-049743.Revenue: $271.7m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2025-11-06, accession 0001628280-25-049743.Report this figure15.4%Operating margin, Q4 FY2025, three months to 2025-12-31. operating income / revenueOperating income: $43.5m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2026-02-27, accession 0001628280-26-012494. Derived: 12-month figure less the 9-month figure.Revenue: $282.9m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-27, accession 0001628280-26-012494. Derived: 12-month figure less the 9-month figure.Report this figure15.3%Operating margin, Q1 FY2026, three months to 2026-03-31. operating income / revenueOperating income: $44.5m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-05-05, accession 0001628280-26-029976.Revenue: $292.0m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-05-05, accession 0001628280-26-029976.Report this figure11.4%Operating margin, Q2 FY2026, three months to 2026-06-30. operating income / revenueOperating income: $33.9m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-08-06, accession 0001628280-26-053603.Revenue: $298.5m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-06, accession 0001628280-26-053603.Report this figure
Net margin%12.1%Net margin, Q3 FY2024, three months to 2024-09-30. net income / revenueNet income: $23.4m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2025-11-06, accession 0001628280-25-049743.Revenue: $192.6m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2025-11-06, accession 0001628280-25-049743.Report this figure6.6%Net margin, Q4 FY2024, three months to 2024-12-31. net income / revenueNet income: $13.9m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2026-02-27, accession 0001628280-26-012494. Derived: 12-month figure less the 9-month figure.Revenue: $209.6m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-27, accession 0001628280-26-012494. Derived: 12-month figure less the 9-month figure.Report this figure15.2%Net margin, Q1 FY2025, three months to 2025-03-31. net income / revenueNet income: $35.1m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-05-05, accession 0001628280-26-029976.Revenue: $230.7m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-05-05, accession 0001628280-26-029976.Report this figure17.8%Net margin, Q2 FY2025, three months to 2025-06-30. net income / revenueNet income: $44.8m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-08-06, accession 0001628280-26-053603.Revenue: $252.3m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-06, accession 0001628280-26-053603.Report this figure107.5%Net margin, Q3 FY2025, three months to 2025-09-30. net income / revenueNet income: $292.2m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2025-11-06, accession 0001628280-25-049743.Revenue: $271.7m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2025-11-06, accession 0001628280-25-049743.Report this figure14.8%Net margin, Q4 FY2025, three months to 2025-12-31. net income / revenueNet income: $42.0m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2026-02-27, accession 0001628280-26-012494. Derived: 12-month figure less the 9-month figure.Revenue: $282.9m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-27, accession 0001628280-26-012494. Derived: 12-month figure less the 9-month figure.Report this figure14.9%Net margin, Q1 FY2026, three months to 2026-03-31. net income / revenueNet income: $43.5m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-05-05, accession 0001628280-26-029976.Revenue: $292.0m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-05-05, accession 0001628280-26-029976.Report this figure11.1%Net margin, Q2 FY2026, three months to 2026-06-30. net income / revenueNet income: $33.2m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-08-06, accession 0001628280-26-053603.Revenue: $298.5m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-06, accession 0001628280-26-053603.Report this figure
Diluted EPS$ per share0.49Diluted EPS, Q3 FY2024, three months to 2024-09-30$0.49 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2025-11-06, accession 0001628280-25-049743.Report this figurenot reported (Diluted EPS not reported)0.72Diluted EPS, Q1 FY2025, three months to 2025-03-31$0.72 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-05-05, accession 0001628280-26-029976.Report this figure0.91Diluted EPS, Q2 FY2025, three months to 2025-06-30$0.91 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-08-06, accession 0001628280-26-053603.Report this figure5.95Diluted EPS, Q3 FY2025, three months to 2025-09-30$5.95 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2025-11-06, accession 0001628280-25-049743.Report this figurenot reported (Diluted EPS not reported)0.89Diluted EPS, Q1 FY2026, three months to 2026-03-31$0.89 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-05-05, accession 0001628280-26-029976.Report this figure0.66Diluted EPS, Q2 FY2026, three months to 2026-06-30$0.66 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-08-06, accession 0001628280-26-053603.Report this figure
Free cash flow$m53.1Free cash flow, Q3 FY2024, three months to 2024-09-30. operating cash flow − capital expenditureOperating cash flow: $56.3m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2025-11-06, accession 0001628280-25-049743. Derived: 9-month figure less the 6-month figure.Capital expenditure: $3.2m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2025-11-06, accession 0001628280-25-049743. Derived: 9-month figure less the 6-month figure.Report this figure81.4Free cash flow, Q4 FY2024, three months to 2024-12-31. operating cash flow − capital expenditureOperating cash flow: $83.3m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2026-02-27, accession 0001628280-26-012494. Derived: 12-month figure less the 9-month figure.Capital expenditure: $2.0m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-K filed 2026-02-27, accession 0001628280-26-012494. Derived: 12-month figure less the 9-month figure.Report this figure104Free cash flow, Q1 FY2025, three months to 2025-03-31. operating cash flow − capital expenditureOperating cash flow: $105.6m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-05-05, accession 0001628280-26-029976.Capital expenditure: $1.3m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2026-05-05, accession 0001628280-26-029976.Report this figure89.5Free cash flow, Q2 FY2025, three months to 2025-06-30. operating cash flow − capital expenditureOperating cash flow: $90.7m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-08-06, accession 0001628280-26-053603. Derived: 6-month figure less the 3-month figure.Capital expenditure: $1.2m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2026-08-06, accession 0001628280-26-053603. Derived: 6-month figure less the 3-month figure.Report this figure79.4Free cash flow, Q3 FY2025, three months to 2025-09-30. operating cash flow − capital expenditureOperating cash flow: $84.2m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2025-11-06, accession 0001628280-25-049743. Derived: 9-month figure less the 6-month figure.Capital expenditure: $4.9m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2025-11-06, accession 0001628280-25-049743. Derived: 9-month figure less the 6-month figure.Report this figure96.6Free cash flow, Q4 FY2025, three months to 2025-12-31. operating cash flow − capital expenditureOperating cash flow: $107.3m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2026-02-27, accession 0001628280-26-012494. Derived: 12-month figure less the 9-month figure.Capital expenditure: $10.7m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-K filed 2026-02-27, accession 0001628280-26-012494. Derived: 12-month figure less the 9-month figure.Report this figure151Free cash flow, Q1 FY2026, three months to 2026-03-31. operating cash flow − capital expenditureOperating cash flow: $150.8m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-05-05, accession 0001628280-26-029976.Capital expenditure: $132.0k. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2026-05-05, accession 0001628280-26-029976.Report this figure81.4Free cash flow, Q2 FY2026, three months to 2026-06-30. operating cash flow − capital expenditureOperating cash flow: $88.3m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-08-06, accession 0001628280-26-053603. Derived: 6-month figure less the 3-month figure.Capital expenditure: $6.9m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2026-08-06, accession 0001628280-26-053603. Derived: 6-month figure less the 3-month figure.Report this figure

Focus or hover a figure to see its XBRL concept, period and filing; each links to that filing. A figure marked d is derived: a quarter computed from year-to-date figures, such as the fourth quarter as the fiscal year less the nine months before it. A ratio reads not reported when any input is missing.

Last five fiscal years

Revenue$1.04bnGross margin 72.2%
Diluted EPS$8.57, FY2025
Free cash flow$369.7m, FY2025
Duolingo, Inc., key figures for the last five fiscal years
Line itemUnitFY20212021-12-31FY20222022-12-31FY20232023-12-31FY20242024-12-31FY20252025-12-31Shape over the periods
Revenue$m251Revenue, FY2021, twelve months to 2021-12-31$250.8m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2024-02-29, accession 0001562088-24-000050.Report this figure369Revenue, FY2022, twelve months to 2022-12-31$369.5m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-02-28, accession 0001562088-25-000042.Report this figure531Revenue, FY2023, twelve months to 2023-12-31$531.1m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-27, accession 0001628280-26-012494.Report this figure748Revenue, FY2024, twelve months to 2024-12-31$748.0m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-27, accession 0001628280-26-012494.Report this figure1,038Revenue, FY2025, twelve months to 2025-12-31$1.04bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-27, accession 0001628280-26-012494.Report this figure
Gross margin%72.4%Gross margin, FY2021, twelve months to 2021-12-31. gross profit / revenueGross profit: $181.6m. XBRL concept us-gaap:GrossProfit. 10-K filed 2024-02-29, accession 0001562088-24-000050.Revenue: $250.8m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2024-02-29, accession 0001562088-24-000050.Report this figure73.1%Gross margin, FY2022, twelve months to 2022-12-31. gross profit / revenueGross profit: $270.1m. XBRL concept us-gaap:GrossProfit. 10-K filed 2025-02-28, accession 0001562088-25-000042.Revenue: $369.5m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-02-28, accession 0001562088-25-000042.Report this figure73.2%Gross margin, FY2023, twelve months to 2023-12-31. gross profit / revenueGross profit: $389.0m. XBRL concept us-gaap:GrossProfit. 10-K filed 2026-02-27, accession 0001628280-26-012494.Revenue: $531.1m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-27, accession 0001628280-26-012494.Report this figure72.8%Gross margin, FY2024, twelve months to 2024-12-31. gross profit / revenueGross profit: $544.4m. XBRL concept us-gaap:GrossProfit. 10-K filed 2026-02-27, accession 0001628280-26-012494.Revenue: $748.0m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-27, accession 0001628280-26-012494.Report this figure72.2%Gross margin, FY2025, twelve months to 2025-12-31. gross profit / revenueGross profit: $749.5m. XBRL concept us-gaap:GrossProfit. 10-K filed 2026-02-27, accession 0001628280-26-012494.Revenue: $1.04bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-27, accession 0001628280-26-012494.Report this figure
Operating margin%(23.9%)Operating margin, FY2021, twelve months to 2021-12-31. operating income / revenueOperating income: −$60.0m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2024-02-29, accession 0001562088-24-000050.Revenue: $250.8m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2024-02-29, accession 0001562088-24-000050.Report this figure(17.6%)Operating margin, FY2022, twelve months to 2022-12-31. operating income / revenueOperating income: −$65.2m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2025-02-28, accession 0001562088-25-000042.Revenue: $369.5m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-02-28, accession 0001562088-25-000042.Report this figure(2.5%)Operating margin, FY2023, twelve months to 2023-12-31. operating income / revenueOperating income: −$13.3m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2026-02-27, accession 0001628280-26-012494.Revenue: $531.1m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-27, accession 0001628280-26-012494.Report this figure8.4%Operating margin, FY2024, twelve months to 2024-12-31. operating income / revenueOperating income: $62.6m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2026-02-27, accession 0001628280-26-012494.Revenue: $748.0m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-27, accession 0001628280-26-012494.Report this figure13.1%Operating margin, FY2025, twelve months to 2025-12-31. operating income / revenueOperating income: $135.6m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2026-02-27, accession 0001628280-26-012494.Revenue: $1.04bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-27, accession 0001628280-26-012494.Report this figure
Net margin%(24.0%)Net margin, FY2021, twelve months to 2021-12-31. net income / revenueNet income: −$60.1m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2024-02-29, accession 0001562088-24-000050.Revenue: $250.8m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2024-02-29, accession 0001562088-24-000050.Report this figure(16.1%)Net margin, FY2022, twelve months to 2022-12-31. net income / revenueNet income: −$59.6m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2025-02-28, accession 0001562088-25-000042.Revenue: $369.5m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-02-28, accession 0001562088-25-000042.Report this figure3.0%Net margin, FY2023, twelve months to 2023-12-31. net income / revenueNet income: $16.1m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2026-02-27, accession 0001628280-26-012494.Revenue: $531.1m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-27, accession 0001628280-26-012494.Report this figure11.8%Net margin, FY2024, twelve months to 2024-12-31. net income / revenueNet income: $88.6m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2026-02-27, accession 0001628280-26-012494.Revenue: $748.0m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-27, accession 0001628280-26-012494.Report this figure39.9%Net margin, FY2025, twelve months to 2025-12-31. net income / revenueNet income: $414.1m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2026-02-27, accession 0001628280-26-012494.Revenue: $1.04bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-27, accession 0001628280-26-012494.Report this figure
Diluted EPS$ per share(2.57)Diluted EPS, FY2021, twelve months to 2021-12-31−$2.57 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-K filed 2024-02-29, accession 0001562088-24-000050.Report this figure(1.51)Diluted EPS, FY2022, twelve months to 2022-12-31−$1.51 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-K filed 2025-02-28, accession 0001562088-25-000042.Report this figure0.35Diluted EPS, FY2023, twelve months to 2023-12-31$0.35 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-K filed 2026-02-27, accession 0001628280-26-012494.Report this figure1.88Diluted EPS, FY2024, twelve months to 2024-12-31$1.88 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-K filed 2026-02-27, accession 0001628280-26-012494.Report this figure8.57Diluted EPS, FY2025, twelve months to 2025-12-31$8.57 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-K filed 2026-02-27, accession 0001628280-26-012494.Report this figure
Free cash flow$m5.6Free cash flow, FY2021, twelve months to 2021-12-31. operating cash flow − capital expenditureOperating cash flow: $9.2m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2024-02-29, accession 0001562088-24-000050.Capital expenditure: $3.6m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-K filed 2024-02-29, accession 0001562088-24-000050.Report this figure48.1Free cash flow, FY2022, twelve months to 2022-12-31. operating cash flow − capital expenditureOperating cash flow: $53.7m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2025-02-28, accession 0001562088-25-000042.Capital expenditure: $5.6m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-K filed 2025-02-28, accession 0001562088-25-000042.Report this figure150Free cash flow, FY2023, twelve months to 2023-12-31. operating cash flow − capital expenditureOperating cash flow: $153.6m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2026-02-27, accession 0001628280-26-012494.Capital expenditure: $3.2m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-K filed 2026-02-27, accession 0001628280-26-012494.Report this figure273Free cash flow, FY2024, twelve months to 2024-12-31. operating cash flow − capital expenditureOperating cash flow: $285.5m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2026-02-27, accession 0001628280-26-012494.Capital expenditure: $12.1m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-K filed 2026-02-27, accession 0001628280-26-012494.Report this figure370Free cash flow, FY2025, twelve months to 2025-12-31. operating cash flow − capital expenditureOperating cash flow: $387.8m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2026-02-27, accession 0001628280-26-012494.Capital expenditure: $18.1m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-K filed 2026-02-27, accession 0001628280-26-012494.Report this figure

Focus or hover a figure to see its XBRL concept, period and filing; each links to that filing. A figure marked d is derived: a quarter computed from year-to-date figures, such as the fourth quarter as the fiscal year less the nine months before it. A ratio reads not reported when any input is missing.

Insider purchases and sales

All insider transactions

The last 20 open-market transactions reported on Form 4 (codes P and S). The reported price is the price per share the insider stated on the form: filing data, not a market price.

No open-market purchases or sales by insiders are in coverage from Nov 2024 to Oct 2026.

No open-market purchases or sales by insiders are in coverage for this company.

Funds that report holding it

All funds

From each manager's latest Form 13F, largest reported value first. Reported value is as filed at the quarter end: filing data, not a price. A put or call is an option position, not shares held.

Funds that report holding Duolingo, Inc.
FundQuarter endedReported valueSharesPut or callChange on the quarter before
BAILLIE GIFFORD & CO2026-06-30$554.9m4,824,298Reduced−51,512
BlackRock, Inc.2026-06-30$444.8m3,867,080Reduced−119,386
AQR CAPITAL MANAGEMENT LLC2026-06-30$268.3m2,332,543Added+2,222,495
VANGUARD CAPITAL MANAGEMENT LLC2026-06-30$200.8m1,745,689Added+22,557
TWO SIGMA INVESTMENTS, LP2026-06-30$187.4m1,629,242Added+233,698
FIL Ltd2026-06-30$184.4m1,603,554Reduced−19,251
VANGUARD PORTFOLIO MANAGEMENT LLC2026-06-30$184.4m1,603,280Reduced−29,370
FEDERATED HERMES, INC.2026-06-30$157.8m1,371,817Added+118,791
STATE OF MICHIGAN RETIREMENT SYSTEM2026-06-30$150.2m1,306,107Added+112,800
STATE STREET CORP2026-06-30$141.4m1,229,391Added+45,747

Recent filings

All 779 filings

Reports and events: 10-K, 10-Q, 8-K, proxy statements and ownership schedules.

Duolingo, Inc., recent filings
FiledFormWhat it isAccession number
2026-08-1901:11 ET8-K7.01 Regulation FD disclosure0001628280-26-057818
2026-08-1013:02 ET8-K5.02 Departure or appointment of officers or directors; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits0001628280-26-055015
2026-08-0621:49 ET10-QQuarterly reportPeriod 2026-06-300001628280-26-053603
2026-08-0520:04 ET8-K2.02 Results of operations; 9.01 Financial statements and exhibits0001628280-26-053299
2026-06-0520:32 ET8-K5.07 Shareholder vote results0001628280-26-041280
2026-05-0521:59 ET10-QQuarterly reportPeriod 2026-03-310001628280-26-029976
2026-05-0420:04 ET8-K2.02 Results of operations; 9.01 Financial statements and exhibits0001628280-26-029790
2026-04-1720:06 ETDEF 14AProxy statementPeriod 2026-04-170001628280-26-025728
2026-02-2700:25 ET8-K/A2.02 Results of operations; 9.01 Financial statements and exhibits0001628280-26-012513
2026-02-2723:35 ET10-KAnnual reportPeriod 2025-12-310001628280-26-012494

Latest annual report

Form 10-K for the fiscal year ended Dec 31, 2025Filed Feb 27, 2026. Its page lists the documents and the extracted sections, such as Business and Risk factors.

Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by [object Promise].Forecast this quarter

About the filer

CIK
1562088
Tickers
DUOL
Exchange
Nasdaq
SIC code
7372 Services-Prepackaged Software
Sector
Technology
Fiscal year ends
Dec 31
Incorporated in
DE
Filer category
Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:43 ET. Listed shows no prices and gives no investment advice.