Duolingo, Inc. Financial Summary

Quick Answer

Duolingo, Inc. reported Total Revenue of $1.04 billion for fiscal year 2025.

Duolingo, Inc. — Key Financials by Year

Metric 2025 2024 2023 2022 2021 2020
Total Revenue $1.04B
+38.7%
$748.02M
+40.8%
$531.11M
+43.7%
$369.50M
+47.3%
$250.77M
+55.1%
$161.70M
Revenue (ASC 606) $1.04B
+38.7%
$748.02M
+40.8%
$531.11M
+43.7%
$369.50M
+47.3%
$250.77M
+55.1%
$161.70M
Net Income $414.06M
+367.5%
$88.57M
+451.3%
$16.07M
+127.0%
-$59.57M
+0.9%
-$60.13M
-281.2%
-$15.78M
Diluted EPS $8.57
+355.9%
$1.88
+437.1%
$0.35
+123.2%
-$1.51
+41.2%
-$2.57
-107.3%
-$1.24
Total Assets $1.99B
+53.0%
$1.30B
+36.5%
$953.96M
+27.6%
$747.35M
+13.0%
$661.31M
+276.3%
$175.74M
Cash and Equivalents $1.04B
+31.9%
$785.79M
+5.1%
$747.61M
+22.9%
$608.18M
+9.8%
$553.92M
+359.7%
$120.49M
Stockholders Equity $1.35B
+63.4%
$824.55M
+25.8%
$655.50M
+20.9%
$542.08M
+5.7%
$513.06M
+735.8%
-$80.69M
+3.9%
R&D Expense $306.32M
+30.2%
$235.30M
+21.1%
$194.35M
+29.2%
$150.44M
+44.9%
$103.83M
+95.8%
$53.02M
Operating Income $135.57M
+116.6%
$62.59M
+572.1%
-$13.26M
+79.7%
-$65.19M
-8.6%
-$60.01M
-274.8%
-$16.01M
Gross Profit $749.46M
+37.7%
$544.38M
+39.9%
$389.00M
+44.0%
$270.06M
+48.7%
$181.59M
+56.9%
$115.71M
Shares Outstanding 12.79M

Most Recent Quarter

Metric Quarter Ending Value YoY QoQ
Total Revenue September 30, 2025 $271.71M +41.1% +7.7%
Revenue (ASC 606) September 30, 2025 $271.71M +41.1% +7.7%
Net Income September 30, 2025 $292.19M +1150.8% +552.5%
Diluted EPS September 30, 2025 $5.95 +1114.3% +553.8%
Total Assets September 30, 2025 $1.89B +54.6% +22.2%
Cash and Equivalents September 30, 2025 $1.01B +18.4% +3.6%
Stockholders Equity September 30, 2025 $1.31B +59.0% +33.8%
R&D Expense September 30, 2025 $82.71M +31.5% +12.3%
Operating Income September 30, 2025 $35.16M +159.0% +5.4%
Gross Profit September 30, 2025 $196.91M +40.2% +7.8%
Shares Outstanding December 31, 2021 16.64M +30.1% +30.1%
  • Duolingo, Inc. reported Total Revenue of $1.04 billion for fiscal year 2025.
  • Duolingo, Inc. showed an increase of +38.7% in Total Revenue compared to the prior fiscal year.
  • Duolingo, Inc. reported Revenue (ASC 606) of $1.04 billion for fiscal year 2025.
  • Duolingo, Inc. showed an increase of +38.7% in Revenue (ASC 606) compared to the prior fiscal year.
  • Duolingo, Inc. reported Net Income of $414.06 million for fiscal year 2025.
  • Duolingo, Inc. showed an increase of +367.5% in Net Income compared to the prior fiscal year.
  • Duolingo, Inc. reported Diluted EPS of $8.57 per share for fiscal year 2025.
  • Duolingo, Inc. showed an increase of +355.9% in Diluted EPS compared to the prior fiscal year.
  • Duolingo, Inc. reported Total Assets of $1.99 billion for fiscal year 2025.
  • Duolingo, Inc. showed an increase of +53.0% in Total Assets compared to the prior fiscal year.
  • Duolingo, Inc. reported Cash and Equivalents of $1.04 billion for fiscal year 2025.
  • Duolingo, Inc. showed an increase of +31.9% in Cash and Equivalents compared to the prior fiscal year.
  • Duolingo, Inc. reported Stockholders Equity of $1.35 billion for fiscal year 2025.
  • Duolingo, Inc. showed an increase of +63.4% in Stockholders Equity compared to the prior fiscal year.
  • Duolingo, Inc. reported R&D Expense of $306.32 million for fiscal year 2025.
  • Duolingo, Inc. showed an increase of +30.2% in R&D Expense compared to the prior fiscal year.
  • Duolingo, Inc. reported Operating Income of $135.57 million for fiscal year 2025.
  • Duolingo, Inc. showed an increase of +116.6% in Operating Income compared to the prior fiscal year.
  • Duolingo, Inc. reported Gross Profit of $749.46 million for fiscal year 2025.
  • Duolingo, Inc. showed an increase of +37.7% in Gross Profit compared to the prior fiscal year.
  • Duolingo, Inc. reported Shares Outstanding of 12.79 million shares for fiscal year 2020.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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