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Duolingo/$DUOL

1D1W1M3M6MYTD1Y5YMAX

About Duolingo

Duolingo Inc is a technology company that develops a mobile learning platform to learn languages. Its products are powered by sophisticated data analytics and artificial intelligence and delivered with class art, animation, and design to make it easier for learners to stay motivated, master new material, and achieve their learning goals. Its solutions include the Duolingo Language Learning App, Super Duolingo, Duolingo English Test: AI-Driven Language Assessment, Duolingo For Schools, Duolingo ABC, and Duolingo Math. It has four predominant sources of revenue: time-based subscriptions, in-app advertising placement by third parties, the Duolingo English Test, and In-App purchases. Geographically, the company generates revenue from its customers in the United States and other markets.
Ticker
$DUOL
Primary listing
NASDAQ
Employees
900

Duolingo Metrics

BasicAdvanced
$6.7B
17.06
$8.39
0.88
-

What the Analysts think about Duolingo

Analyst ratings (Buy, Hold, Sell) for Duolingo stock.
Analyst projections of the future price of Duolingo stock.

Bulls say / Bears say

Duolingo’s user engine is still expanding quickly: Q2 daily active users rose 23% year on year to 58.7 million, while paid subscribers grew 17% to 12.7 million. Management also reported record current-user retention, which supports the case that growth is driven by stronger habits rather than just paid marketing. (StockTitan, Yahoo Finance)
AI could improve both Duolingo’s teaching product and its unit economics. Management expects more AI content to be offset by lower AI costs, helping it raise its 2026 adjusted EBITDA margin outlook to about 26.5% and its gross-margin outlook to roughly 70%. (The Motley Fool, StockTitan)
The company has financial room to invest through the user-growth push. It ended Q2 with about $1.3 billion in cash and investments, generated $79 million of quarterly free cash flow, and expects more than $375 million for 2026. (The Motley Fool, StockTitan)
Engagement is growing faster than monetisation. Q2 daily active users rose 23%, but bookings increased only 8%; Q3 bookings guidance implies roughly 9% growth, showing that the larger audience is not yet translating into proportionate revenue. (TIKR, StockTitan)
The valuation leaves little room for a further growth slowdown. Bank of America cut its 2027 bookings-growth forecast to 9% and its 2027 EBITDA estimate to $338 million, arguing that Duolingo’s premium to comparable subscription companies was hard to justify. (Invest Daily Pro, Rallies.ai)
Falling AI costs create a product risk as well as a margin benefit: Duolingo is considering moving Video Call into the cheaper Super plan or retiring Max. That could weaken Max’s differentiation and make it harder to sustain a premium subscription tier. (RuntimeWire, Yahoo Finance)
Data summarised monthly by Lightyear AI. Last updated on 29 Sept 2026.

Duolingo Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

Duolingo Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise
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