Duolingo (DUOL) reported $1.0B in revenue for fiscal 2025, +38.7% year on year. That ranks #1751 by revenue among 2853 SEC filers and #294 in Technology. Net income was $414M, a net margin of 39.9%. Revenue has grown 45.0% a year on average since 2020 ($162M then). The fiscal 2025 balance sheet shows $2.0B in total assets and $1.0B in cash.

Key figures

$162M2020$251M2021$369M2022$531M2023$748M2024$1.0B2025
Duolingo — Key figures
Key figuresFY2025YoYSource
RevenueRevenueFromContractWithCustomerExcludingAssessedTax$1.0B+38.7%FY20252025-12-31
Gross profitGrossProfit$749M+37.7%FY20252025-12-31
Operating incomeOperatingIncomeLoss$136M+116.6%FY20252025-12-31
Net incomeNetIncomeLoss$414M+369.0%FY20252025-12-31
Operating cash flowNetCashProvidedByUsedInOperatingActivities$388M+35.8%FY20252025-12-31
Capital expenditurePaymentsToAcquirePropertyPlantAndEquipment$18.1M+49.4%FY20252025-12-31
Total assetsAssets$2.0B+53.0%FY20252025-12-31
Shareholders' equityStockholdersEquity$1.3B+63.4%FY20252025-12-31
CashCashAndCashEquivalentsAtCarryingValue$1.0B+31.9%FY20252025-12-31
Long-term debtNot reported—

Revenue is total net sales for the fiscal year, taken from each company's own annual filing.

Reported since the last full year

Three-month figures this company has filed since FY2025. A quarter is not comparable with a full year, and these figures are used nowhere else on the site: not in any ranking, not in comparisons, not in the download.

Duolingo — Reported since the last full year
QuarterRevenueNet incomeSource
Q1 20262026-03-31$292M$43.5MOpen →
Q2 20262026-06-30$298M$33.2MOpen →

Only periods that end on a calendar quarter appear here. A company whose fiscal year ends in June files on a different calendar, so it has no row.

Where this sits in its sector

Each bar is the spread of the whole sector: the box covers the middle half of companies, the line inside it the median, and the triangle this company. The axis is clipped at the 5th and 95th percentile so a single outlier does not flatten it.

Duolingo — Where this sits in its sector
Where this sits in its sectorFY2025Position in sector
Net marginRank 9 of 298 companies compared39.9%
Operating marginRank 131 of 297 companies compared13.1%
R&D as share of revenueRank 16 of 253 companies compared29.5%
Cash as share of revenueRank 7 of 297 companies compared99.9%

All four are ratios derived from two reported lines, not single filing items. Peer group: companies in the same sector with revenue of $1bn or more; loss-making companies are included.

Profile

Legal name
Duolingo, Inc.
Ticker
DUOL
Exchange
Nasdaq
SIC classification
Services-Prepackaged Software (7372)
Fiscal year end
12-31
CIK
0001562088

Filings

Similar in size, same sector

CompanyRevenueNet income
FigmaFIG$1.1B−$1.3B
Payoneer GlobalPAYO$1.1B$73.2M
SemtechSMTC$1.0B−$40.4M
DuolingoDUOL$1.0B$414M
Methode ElectronicsMEI$1.0B−$35.7M
Alarm.com HoldingsALRM$1.0B$132M
Onto InnovationONTO$1.0B$136,759

See the full ranking →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Duolingo — Key figures |url=https://companiesranked.com/en/company/duolingo |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Duolingo — Key figures. CompaniesRanked. https://companiesranked.com/en/company/duolingo

BibTeX

@misc{companiesranked-en-company-duolingo-2026,
  author       = {{CompaniesRanked}},
  title        = {{Duolingo — Key figures}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/duolingo}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0001628280-26-012494 · February 27, 2026

{{cite web |title=Duolingo — Key figures — 10-K (0001628280-26-012494) |url=https://www.sec.gov/Archives/edgar/data/1562088/000162828026012494/duol-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-27}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.