Duolingo Inc

Duolingo Inc

DUOL · NASDAQ · Technology / Software - Application

165.31USD+7.89 (+5.01%)

Price History

Full chart

Market Stats

Previous Close157.42
Open158.96
Day Range156.74 – 166.65
52-Week Range87.89 – 213.37
Volume1.02M
Market Cap7.43B
P/E (TTM)52.13
Forward P/E21.32
EPS3.02
Dividend Yield0.00%
Beta1.02
50-Day Avg146.04
200-Day Avg124.01

About

Duolingo, Inc. operates as a mobile learning platform in the United States, the United Kingdom, and internationally. The company offers 250 language courses, including Spanish, English, French, German, Italian, Portuguese, Japanese, and Chinese through its Duolingo app. It also provides a digital English language proficiency assessment exam. The company was incorporated in 2011 and is headquartered in Pittsburgh, Pennsylvania.

Company Details

  • SectorTechnology
  • IndustrySoftware - Application
  • CEODr. Luis Alfonso von Ahn Arellano Ph.D.
  • Employees900
  • Headquarters5900 Penn Avenue, Pittsburgh, PA, United States, 15206, USA
  • Websitehttps://www.duolingo.com

Leadership

  • Dr. Luis Alfonso von Ahn Arellano Ph.D.Co-Founder, Chairman of the Board, President & CEO · b. 1979
  • Ms. Gillian MunsonChief Financial Officer · b. 1971
  • Mr. Stephen ChenGeneral Counsel · b. 1975
  • Mr. Matthew SkaruppaAdvisor · b. 1982
  • Mr. Robert MeeseChief Business Officer · b. 1978
  • Dr. Natalie Glance Ph.D.Chief Engineering Officer · b. 1969
  • Dr. Severin Benedict Hacker Ph.D.Co-Founder, CTO & Director · b. 1986
  • Ms. Deborah Belevan CPAVP of Investor Relations
  • Sam DalsimerGlobal Head of Communications
  • Mr. Manu OrssaudChief Marketing Officer

Financials

Income Statement

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue70.76M161.70M250.77M369.50M531.11M748.02M1.04B
Growth (%)-+128.51%+55.09%+47.34%+43.74%+40.84%+38.71%
Cost of Revenue21.36M46.53M69.19M103.43M147.18M209.19M293.87M
Gross Profit49.40M115.16M250.77M266.06M383.93M538.84M743.72M
Gross Margin69.82%71.22%100.00%72.01%72.29%72.03%71.68%
Operating Expense62.30M130.89M190.76M330.62M396.85M475.27M602.49M
Operating Income-12.90M-15.73M60.01M-64.56M-12.92M63.57M141.24M
Operating Margin-18.23%-9.73%23.93%-17.47%-2.43%8.50%13.61%
EBITDA-11.65M-13.47M2.78M-53.77M24.87M113.16M196.80M
EBITDA Margin-16.46%-8.33%1.11%-14.55%4.68%15.13%18.97%
Net Income-13.55M-15.78M-60.13M-59.57M16.07M88.57M414.06M
Net Income Margin-19.15%-9.76%-23.98%-16.12%3.03%11.84%39.91%
R&D31.56M53.02M103.83M148.94M192.70M232.94M303.00M
R&D as % of Total Revenue44.60%32.79%41.41%40.31%36.28%31.14%29.20%
Interest Expense0303.00K49.00K7.24M---
Interest Expense % of Total Revenue0.00%0.19%0.02%1.96%---

Balance Sheet

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets95.06M175.74M661.31M747.35M953.96M1.30B1.99B
Total Liabilities41.35M73.82M148.25M205.27M298.46M477.18M645.18M
Total Equity53.71M101.92M513.06M542.08M655.50M824.55M1.35B
Cash59.84M120.49M553.92M608.18M747.61M785.79M1.04B
Total Debt10.22M9.24M32.46M28.41M25.04M57.24M93.78M
Net Debt-49.63M-111.25M-521.46M-579.77M-722.57M-728.55M-942.61M

Cash Flow

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow2.15M17.71M9.17M53.66M153.61M285.51M387.82M
Investing Cash Flow2.43M-4.01M-6.21M-14.17M-13.58M-217.33M-107.68M
Financing Cash Flow30.97M46.95M430.47M14.78M2.13M-30.00M-29.55M
Capital Expenditure3.77M3.38M3.59M5.56M3.19M12.12M18.10M
Free Cash Flow-1.62M14.33M5.58M48.09M150.42M273.40M369.73M
FCF to OCF-75.19%80.94%60.89%89.63%97.92%95.76%95.33%

Earnings

Report DateMar 31, 2020Jun 30, 2020Sep 30, 2020Mar 31, 2021Jun 2, 2021Aug 12, 2021Nov 12, 2021Mar 4, 2022May 13, 2022Aug 5, 2022Nov 14, 2022Mar 1, 2023May 10, 2023Aug 9, 2023Nov 9, 2023Feb 28, 2024May 9, 2024Aug 8, 2024Nov 7, 2024Feb 28, 2025May 2, 2025Aug 7, 2025Nov 5, 2025Feb 26, 2026May 4, 2026Aug 5, 2026Nov 3, 2026Nov 4, 2026
EPS Estimate0.00--0.00--0.01-0.96-0.68-0.57-0.52-0.55-0.53-0.23-0.19-0.110.170.270.320.350.480.270.580.720.790.770.610.550.55
EPS Actual-0.180.00-0.09-1.04-1.04-0.00-0.98-0.46-0.31-0.38-0.46-0.35-0.060.080.060.250.570.510.470.310.720.910.950.940.890.660.54-
Surprise-----51.00%-2.08%32.35%45.61%26.92%16.36%33.96%72.35%141.84%154.36%47.06%111.11%59.38%34.29%-35.34%166.67%56.90%31.94%18.99%16.34%8.20%-1.82%-
Timing------Pre-market--------After-hours------After-hours--After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap7.43B
Enterprise Value6.45B
Trailing P/E52.13
Forward P/E21.32
Price / Sales6.28
Price / Book5.23
EPS3.02
Book Value31.45
Revenue (TTM)1.18B
Gross Profit (TTM)860.84M
EBITDA166.50M
Profit Margin12.33%
Operating Margin12.69%
Return on Equity10.45%
Return on Assets4.63%
Shares Outstanding40.78M
Shares Float40.38M
Beta1.02
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Hold
Based on 24 analystsTarget 152.54
  • Strong Buy
    4
  • Buy
    2
  • Hold
    17
  • Sell
    1

Ownership Breakdown

Institutions
96.22%
Insiders
1.43%
Retail / Other
2.35%

Top Institutional Holders

  • Baillie Gifford & Co Limited.
    4.82M10.24%
  • BlackRock Inc
    3.87M8.21%
  • AQR Capital Management LLC
    2.33M4.95%
  • Vanguard Capital Management, LLC
    1.75M3.71%
  • Two Sigma Investments LLC
    1.63M3.46%
  • Fidelity International Ltd
    1.60M3.40%
  • Vanguard Portfolio Management, LLC
    1.60M3.40%
  • Federated Hermes Inc
    1.37M2.91%
  • State Treasurer State Of Michigan
    1.30M2.76%
  • State Street Corp
    1.23M2.61%
  • Bank of America Corp
    1.19M2.53%
  • FMR Inc
    1.13M2.40%
  • UBS Group AG
    1.03M2.18%
  • Geode Capital Management, LLC
    769.07K1.63%

Top Fund Holders

  • iShares Core S&P Mid-Cap ETF
    1.45M3.08%
  • Jupiter Merian Glb Eq Abs Rt I USD Acc
    1.11M2.36%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.10M2.33%
  • Fidelity Global Technology A-Dis-EUR
    854.79K1.81%
  • Vanguard Small Cap Index
    772.26K1.64%
  • Federated Hermes MDT Mid Cap Growth A
    685.64K1.46%