DUOL logo Duolingo +
Duolingo
+

Duolingo's Revenue (2016 - 2025)

  • 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 $291.97 M in the quarter ending Mar 2026. The quarterly revenue increased $61.22 M from $230.74 M (in Q1: Dec 2025) to $291.97 M (in Q1: Dec 2026), representing a 26.53% year-over-year growth.

    • Over the past 10 years (2016 - 2025):
  • 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.

    • 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 :
  • 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.
Continue reading...

Duolingo's Revenue Trend

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.

Duolingo's quarterly revenue was $12.49 M(Q1: Mar 2019), $15.65 M(Q2: Jun 2019), $19.42 M(Q3: Sep 2019), $23.21 M(Q4: Dec 2019) in fiscal year 2019.

Continue reading...

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

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).

Continue reading...

Duolingo Revenue History

Sign in to download table

Period Revenue Year-over-Year Change
FY 2025
$1.04 B $289.57 M 38.71%
Q4: Dec 25 $282.87 M $73.32 M 34.99%
Q3: Sep 25 $271.71 M $79.12 M 41.08%
Q2: Jun 25 $252.27 M $73.94 M 41.46%
Q1: Mar 25 $230.74 M $63.19 M 37.71%
FY 2024
$748.02 M $216.92 M 40.84%
Q4: Dec 24 $209.55 M $58.57 M 38.79%
Q3: Sep 24 $192.59 M $54.97 M 39.94%
Q2: Jun 24 $178.33 M $51.49 M 40.59%
Q1: Mar 24 $167.55 M $51.89 M 44.87%
FY 2023
$531.11 M $161.61 M 43.74%
Q4: Dec 23 $150.99 M $47.16 M 45.42%
Q3: Sep 23 $137.62 M $41.56 M 43.26%
Q2: Jun 23 $126.84 M $38.45 M 43.51%
Q1: Mar 23 $115.66 M $34.44 M 42.4%
FY 2022
$369.50 M $118.72 M 47.34%
Q4: Dec 22 $103.82 M $30.81 M 42.2%
Q3: Sep 22 $96.07 M $32.47 M 51.06%
Q2: Jun 22 $88.39 M $29.58 M 50.31%
Q1: Mar 22 $81.22 M $25.86 M 46.71%
FY 2021
$250.77 M $89.08 M 55.09%
Q4: Dec 21 $73.01 M $24.75 M 51.27%
Q3: Sep 21 $63.60 M $18.29 M 40.37%
Q2: Jun 21 $58.80 M $18.79 M 46.97%
Q1: Mar 21 $55.36 M $27.25 M 96.93%
FY 2020
$161.70 M $90.94 M 128.51%
Q4: Dec 20 $48.27 M $25.06 M 108.01%
Q3: Sep 20 $45.31 M $25.89 M 133.29%
Q2: Jun 20 $40.01 M $24.37 M 155.73%
Q1: Mar 20 $28.11 M $15.62 M 125.09%

Frequently Asked Questions

What is the annual revenue of Duolingo?

In fiscal year 2025, Duolingo's revenue was $1.04 Billion.

How much did Duolingo's revenue change in the last year?

Duolingo's revenue increased by +38.71% (+$289.57 Million) in 2025 compared to 2024.

What is Duolingo's most recent quarterly revenue?

In the first quarter (Q1) of 2026, Duolingo reported a revenue of $291.97 Million.

What is Duolingo's revenue per share (TTM)?

Duolingo's revenue per share over the trailing twelve months is $23.48.

What is Duolingo's revenue per employee?

In the fiscal year 2025, Duolingo's revenue per employee was -.

What is the annual net income of Duolingo?

In fiscal year 2025, Duolingo's net income was $414.07 Million.

What is Duolingo's biggest product segment, and what is its revenue?

License and Service is Duolingo's biggest product segment, generating $873.44 Million in revenue for fiscal year 2025.

What is Duolingo's net income per employee?

In the fiscal year 2025, Duolingo's net income per employee was -.

Related

People Also Search For

Submit feedback to Bullfincher