DUOL

Duolingo, Inc.

Services-Prepackaged Software · SIC 7372CIK 1562088Held by 2 tracked managersEDGAR filings ↗10-K/10-Q ↗

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Revenue FY2025

$1.04B

Net Income FY2025

$0.41B

EPS (Basic, as reported)

$9.05

Net Margin FY2025

39.9%

ROE FY2025

30.7%

Total Equity

$1.35B

Shares Out

—

Business description

Duolingo, Inc. — Services-Prepackaged Software. Figures are as reported in each year's original 10-K via SEC EDGAR XBRL company facts (FY2020–FY2025; structured XBRL data begins around 2008). Market-price metrics are not part of EDGAR data.

Annual (fiscal years, as reported)USD millions

default rows · click any row to chart itRevenue: 162 → 1,038 +45% CAGR

Fiscal yearFY2020⚑FY2021⚑FY2022FY2023FY2024FY2025

Revenue1622513695317481,038

Cost of revenue(46)(69)(99)(142)(204)(288)

Gross profit116182270389544749

Research & development(53)(104)(150)(194)(235)(306)

Selling & marketing(35)(59)(67)(76)(90)(126)

General & administrative(44)(79)(118)(132)(156)(182)

Total operating expenses(132)(242)(335)(402)(482)(614)

Operating income(16)(60)(65)(13)63136

Interest & investment income007314345

Other income (expense), net00(1)0(3)2

Pre-tax income(16)(60)(59)18102182

Income tax expense00(1)(2)(14)(232)

Net income(16)(60)(60)1689414

EPS — basic($1.24)($2.57)($1.51)$0.39$2.04$9.05

EPS — diluted($1.24)($2.57)($1.51)$0.35$1.88$8.57

Shares outstanding — basic (M)132339———

Shares outstanding — diluted (M)132339474748

⚑ Weighted-average shares changed ×1.77 between FY2020 and FY2021 — likely a stock split. Per-share figures on either side are as reported and not adjusted.
⚑ Weighted-average shares changed ×1.70 between FY2021 and FY2022 — a large issuance or reduction. Per-share figures on either side are as reported and not adjusted.

Source: SEC EDGAR XBRL company facts — figures as reported in each period's original filing (structured data begins ~2008). EPS and other per-share figures are as reported and are not adjusted for later stock splits; a ⚑ marks a period where the reported share count changed by a large factor. Dollar figures in millions unless per-share. Line items a company never reports are omitted. Where a filer switched XBRL concepts, the successor concept is used and definitions can differ slightly (e.g. cash may include restricted cash; banks' revenue is net of interest expense; cost of revenue may exclude D&A; net income may be the amount available to common stockholders; debt issued/repaid may be net of issuance costs or include finance-lease obligations — each only where the original concept stopped being reported). Click a period header to open that period's source filing on EDGAR.