Duolingo, Inc.DUOL

NasdaqTechnologyServices-Prepackaged Software
Price (close)
$143.51
Market cap
$7.2B
P/E
17.5x
Revenue (TTM)
$1.1B
Net income
$410.8M
Dividend yield
—
1-year total return
-54.2%
Net margin
35.9%
Revenue growth
29.4%
Debt / equity
—

What Duolingo, Inc. does.

Although education can open the door to economic opportunity, it is also among the principal sources of inequality: the privileged can get the best education in the world, while those with fewer resources, especially in developing countries, may not be able to get even basic schooling. That is why we started Duolingo. We believe that everyone, regardless of how wealthy they are, should have access to high quality education. And today, the technology necessary to enable this is in the hands of billions of people, in the form of a smartphone. At Duolingo, we build products native to the smartphone—bite-sized, on-demand and engaging—to make learning accessible and effective, opening doors for everyone alike.

Duolingo is a technology company founded by two engineers, Luis von Ahn and Severin Hacker. Luis and Severin met at Carnegie Mellon University, where Luis was a professor in the Computer Science Department and Severin was his Ph.D. student. Luis, a MacArthur Fellow, grew up in Guatemala and witnessed firsthand the tremendous impact that access to high quality education can have on people’s lives. Luis and Severin bonded over the dream of building an intelligent learning system informed by massive amounts of user engagement data that could deliver superior learning outcomes.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$161.7M$250.8M$369.5M$531.1M$748.0M$1.0B
Net income-$15.8M-$60.1M-$59.6M$16.1M$88.6M$414.1M
Free cash flow$14.3M$5.6M$48.1M$150.4M$273.4M$369.7M

More on DUOL.

Figures from Duolingo, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.