Duolingo's Revenue
- Duolingo's annual revenue was $1.04 B in fiscal year 2025. The annual revenue increased $289.57 M from $748.02 M (in 2024) to $1.04 B (in 2025), representing a 38.71% year-over-year growth.
- Duolingo's quarterly revenue was $282.87 M in the quarter ending Dec 2025. The quarterly revenue increased $73.32 M from $209.55 M (in Q4: Sept 2024) to $282.87 M (in Q4: Sept 2025), representing a 34.99% year-over-year growth.
- The highest annual revenue for Duolingo was $1.04 B in fiscal year 2025.
- The lowest annual revenue was $161.70 M in fiscal year 2020.
- The average revenue was $516.45 M.
- Revenue is the amount of money generated by a business from sales of its goods or services. Refer to our glossary for more details, examples, and formulas.
Over the past 10 years (2016 - 2025):
Learn more about Duolingo's Revenue by Segment and Revenue by Region.
Check out competitors to Duolingo in a side-by-side comparison.
Explore additional financial metrics for Duolingo.
Definition of Revenue :
Duolingo's Revenue Trend
| 2019 | 70760000.00 |
|---|---|
| 2020 | 161696000.00 |
| 2021 | 250772000.00 |
| 2022 | 369495000.00 |
| 2023 | 531109000.00 |
| 2024 | 748024000.00 |
| 2025 | 1037589000.00 |
| Mar 2020 | 28112000.00 |
|---|---|
| Jun 2020 | 40011000.00 |
| Sep 2020 | 45305000.00 |
| Dec 2020 | 48268000.00 |
| Mar 2021 | 55360000.00 |
| Jun 2021 | 58803000.00 |
| Sep 2021 | 63595000.00 |
| Dec 2021 | 73014000.00 |
| Mar 2022 | 81220000.00 |
| Jun 2022 | 88386000.00 |
| Sep 2022 | 96065000.00 |
| Dec 2022 | 103824000.00 |
| Mar 2023 | 115661000.00 |
| Jun 2023 | 126839000.00 |
| Sep 2023 | 137624000.00 |
| Dec 2023 | 150985000.00 |
| Mar 2024 | 167553000.00 |
| Jun 2024 | 178327000.00 |
| Sep 2024 | 192594000.00 |
| Dec 2024 | 209550000.00 |
| Mar 2025 | 230743000.00 |
| Jun 2025 | 252265000.00 |
| Sep 2025 | 271713000.00 |
| Dec 2025 | 282868000.00 |
2025
Duolingo's annual revenue was $1.04 B in fiscal year 2025.
Duolingo's quarterly revenue was $230.74 M(Q1: Mar 2025), $252.27 M(Q2: Jun 2025), $271.71 M(Q3: Sep 2025), $282.87 M(Q4: Dec 2025) in fiscal year 2025.
2024
Duolingo's annual revenue was $748.02 M in fiscal year 2024.
Duolingo's quarterly revenue was $167.55 M(Q1: Mar 2024), $178.33 M(Q2: Jun 2024), $192.59 M(Q3: Sep 2024), $209.55 M(Q4: Dec 2024) in fiscal year 2024.
2023
Duolingo's annual revenue was $531.11 M in fiscal year 2023.
Duolingo's quarterly revenue was $115.66 M(Q1: Mar 2023), $126.84 M(Q2: Jun 2023), $137.62 M(Q3: Sep 2023), $150.99 M(Q4: Dec 2023) in fiscal year 2023.
2022
Duolingo's annual revenue was $369.50 M in fiscal year 2022.
Duolingo's quarterly revenue was $81.22 M(Q1: Mar 2022), $88.39 M(Q2: Jun 2022), $96.07 M(Q3: Sep 2022), $103.82 M(Q4: Dec 2022) in fiscal year 2022.
2021
Duolingo's annual revenue was $250.77 M in fiscal year 2021.
Duolingo's quarterly revenue was $55.36 M(Q1: Mar 2021), $58.80 M(Q2: Jun 2021), $63.60 M(Q3: Sep 2021), $73.01 M(Q4: Dec 2021) in fiscal year 2021.
2020
Duolingo's annual revenue was $161.70 M in fiscal year 2020.
Duolingo's quarterly revenue was $28.11 M(Q1: Mar 2020), $40.01 M(Q2: Jun 2020), $45.31 M(Q3: Sep 2020), $48.27 M(Q4: Dec 2020) in fiscal year 2020.
2019
Duolingo's annual revenue was $70.76 M in fiscal year 2019.
in fiscal year 2019.
Duolingo's Revenue (Year-over-Year Change)
| 2019 | 0 |
|---|---|
| 2020 | +128.51 |
| 2021 | +55.09 |
| 2022 | +47.34 |
| 2023 | +43.74 |
| 2024 | +40.84 |
| 2025 | +38.71 |
| Q1: Mar 20 | 0 |
|---|---|
| Q2: Jun 20 | 0 |
| Q3: Sep 20 | 0 |
| Q4: Dec 20 | 0 |
| Q1: Mar 21 | 96.93 |
| Q2: Jun 21 | 46.97 |
| Q3: Sep 21 | 40.37 |
| Q4: Dec 21 | 51.27 |
| Q1: Mar 22 | 46.71 |
| Q2: Jun 22 | 50.31 |
| Q3: Sep 22 | 51.06 |
| Q4: Dec 22 | 42.20 |
| Q1: Mar 23 | 42.40 |
| Q2: Jun 23 | 43.51 |
| Q3: Sep 23 | 43.26 |
| Q4: Dec 23 | 45.42 |
| Q1: Mar 24 | 44.87 |
| Q2: Jun 24 | 40.59 |
| Q3: Sep 24 | 39.94 |
| Q4: Dec 24 | 38.79 |
| Q1: Mar 25 | 37.71 |
| Q2: Jun 25 | 41.46 |
| Q3: Sep 25 | 41.08 |
| Q4: Dec 25 | 34.99 |
2025
Duolingo’s annual revenue increased +38.71% during fiscal year 2025 compared to 2024. It represents a growth of $289.57 M from $748.02 M (in 2024) to $1.04 B (in 2025).
2024
Duolingo’s annual revenue increased +40.84% during fiscal year 2024 compared to 2023. It represents a growth of $216.92 M from $531.11 M (in 2023) to $748.02 M (in 2024).
2023
Duolingo’s annual revenue increased +43.74% during fiscal year 2023 compared to 2022. It represents a growth of $161.61 M from $369.50 M (in 2022) to $531.11 M (in 2023).
2022
Duolingo’s annual revenue increased +47.34% during fiscal year 2022 compared to 2021. It represents a growth of $118.72 M from $250.77 M (in 2021) to $369.50 M (in 2022).
2021
Duolingo’s annual revenue increased +55.09% during fiscal year 2021 compared to 2020. It represents a growth of $89.08 M from $161.70 M (in 2020) to $250.77 M (in 2021).
2020
Duolingo’s annual revenue increased +128.51% during fiscal year 2020 compared to 2019. It represents a growth of $90.94 M from $70.76 M (in 2019) to $161.70 M (in 2020).
Summary Table (Annual)
| Period | Revenue | Year-over-Year Change |
|---|---|---|
| 2025 | $1.04 B | +38.71% |
| 2024 | $748.02 M | +40.84% |
| 2023 | $531.11 M | +43.74% |
| 2022 | $369.50 M | +47.34% |
| 2021 | $250.77 M | +55.09% |
| 2020 | $161.70 M | +128.51% |
Summary Table (Quarterly)
| Period | Revenue | Year-over-Year Change |
|---|---|---|
| Q4: Dec 25 | $282.87 M | 34.99% |
| Q3: Sep 25 | $271.71 M | 41.08% |
| Q2: Jun 25 | $252.27 M | 41.46% |
| Q1: Mar 25 | $230.74 M | 37.71% |
| Q4: Dec 24 | $209.55 M | 38.79% |
| Q3: Sep 24 | $192.59 M | 39.94% |
| Q2: Jun 24 | $178.33 M | 40.59% |
| Q1: Mar 24 | $167.55 M | 44.87% |
| Q4: Dec 23 | $150.99 M | 45.42% |
| Q3: Sep 23 | $137.62 M | 43.26% |
| Q2: Jun 23 | $126.84 M | 43.51% |
| Q1: Mar 23 | $115.66 M | 42.40% |
| Q4: Dec 22 | $103.82 M | 42.20% |
| Q3: Sep 22 | $96.07 M | 51.06% |
| Q2: Jun 22 | $88.39 M | 50.31% |
| Q1: Mar 22 | $81.22 M | 46.71% |
| Q4: Dec 21 | $73.01 M | 51.27% |
| Q3: Sep 21 | $63.60 M | 40.37% |
| Q2: Jun 21 | $58.80 M | 46.97% |
| Q1: Mar 21 | $55.36 M | 96.93% |
| Q4: Dec 20 | $48.27 M | - |
| Q3: Sep 20 | $45.31 M | - |
| Q2: Jun 20 | $40.01 M | - |
| Q1: Mar 20 | $28.11 M | - |
