Duolingo Inc (DUOL) Income Statement

An income statement shows a company's revenue, expenses, and profit over a reporting period.

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.

Total Revenue Chart for Duolingo Inc

Duolingo Inc (DUOL) revenue for FY2025 was USD 1.0B, a 38.7% change from FY2024. Duolingo Inc's revenue grew from USD 70.8M in 2019 to USD 1.0B in 2025 (1366.3% over 6 years). Earnings per share moved from USD -0.38 in 2019 to USD -1.51 in 2022. Revenue compound annual growth rate: 5-year CAGR of 45.0%.

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Total Revenue (US Dollars)

R&D as % of Revenue

Key Stats

Market Cap
$6.90B
Implied Share Price
$171.53
Enterprise Value
$5.60B
Revenue (TTM)
$1.15B
EBITDA
$179.03M
Profit Margin
35.88%
Trailing P/E
17.59
Forward P/E
18.98
Price/Book (MRQ)
4.84
Price/Sales (TTM)
6.03
EV/EBITDA
32.40
EV/Revenue
4.89
Dividend Yield
—
Book Value
$30.17
Free Cash Flow (FY2025)
$369.73M
Free Cash Flow Yield
5.36%

Snapshot as of 7th October 2026 — not point-in-time controlled, may lag the live market by a few days.