SEC 8-K
SEC 8-K: Item 5.07
Official SEC filing update. Items: 5.07.
Item 5.07Accession 0001628280-26-041280
Duolingo (DUOL) Financials, Dividends & Stock Info
Explore comprehensive financial data for Duolingo, provided completely free. Analyze revenue, net income, profit margins, dividend history, and key financial ratios to make informed investment decisions.
Data as of (571 days ago)|Source: SEC EDGAR
The information on this page is for informational purposes only and does not constitute investment advice, financial advice, or any recommendation. Billiver does not recommend buying, selling, or holding any security. Past performance is not indicative of future results.
Data may be delayed and accuracy is not guaranteed. All investment decisions are solely your responsibility. Verify information independently and consult a qualified financial advisor before investing. About · Methodology
Duolingo (DUOL) is a education services company. The company reports annual revenue of $964M and net income of $386M. Its profit margin is 40.0%.
Duolingo Key Financials(TTM Est.)
Revenue (TTM)↑ 38.7%
$964.3M
Net Income (TTM)↑ 367.5%
$386.0M
Profit Margin
40.0%
Top 9% in sector
Return on Equity
29.5%
Top 25% in sector
Data from SEC EDGAR filings. TTM = Trailing Twelve Months.
Duolingo Financial Health ScoreFY2025
0/100
Excellent financial health across all dimensions
+15 pts YoYProfitability100Liquidity90Growth100Cash Flow100Efficiency73
This Financial Health Score is a proprietary metric calculated from SEC EDGAR filings for educational and informational purposes only. It does not constitute investment advice or a recommendation to buy or sell any security. Results vary significantly by industry. Conduct your own research before making investment decisions.
Data Highlights
- Strong profit margin: 40.0%
- Strong return on equity: 29.5%
Data sourced from SEC EDGAR filings. Not investment advice.
Duolingo Official SEC Updates
Official filing updates from SEC EDGAR. Billiver stores internal evidence snapshots for verification, but this page links to the SEC source instead of republishing full filing text.
Open SEC filing
SEC 10-Q
SEC 10-Q
Official SEC filing update.
10-QAccession 0001628280-26-029976
SEC 8-K
SEC 8-K: Item 2.02, 9.01
Official SEC filing update. Items: 2.02, 9.01.
Item 2.02, 9.01Accession 0001628280-26-029790
SEC DEF 14A
SEC DEF 14A
Official SEC filing update.
DEF 14AAccession 0001628280-26-025728
SEC 8-K/A
SEC 8-K/A: Item 2.02, 9.01
Official SEC filing update. Items: 2.02, 9.01.
Item 2.02, 9.01Accession 0001628280-26-012513
Source: SEC EDGAR · 5 filings
Informational only. Not investment advice.
Duolingo Recent Events
Shareholder Vote
Earnings Results
Earnings ResultsAmended
Earnings Results
Other Events
Source: SEC EDGAR 8-K Filings
5-Year Revenue & Net Income Trend
Chart shows fiscal year data from SEC EDGAR filings. Hover over data points for details.
As of FY2025 · SEC 10-K · Updated Jul 2, 2026
About Duolingo
Duolingo, Inc. is an American educational technology company that produces learning apps and provides language certification. Duolingo offers courses on 42 languages, ranging from English, French, and Spanish to less commonly studied languages such as Welsh, Irish, and Navajo, and even constructed languages such as Klingon. It also offers courses on music, math, and chess. The learning method incorporates gamification to motivate users with points, rewards and interactive lessons featuring spaced repetition. The app promotes short, daily lessons for consistent, phased practice.
- Industry
- Education Services
Valuation
Valuation Data UnavailablePrice-based valuation metrics (P/E, P/B) require real-time stock price data which is not included in SEC filings.
Benjamin Graham: Graham recommended P/E ratio not exceed 15 for reasonable valuation. Understanding valuation metrics
Profitability
Above-Average MarginsROE29.5%
vs 22.2% sector median / 20.2% avg
▼
Generates $29.5 in profit for every $100 of shareholder equity. Higher than 75% in Consumer Discretionary.
Profit Margin40.0%
vs 13.3% sector median / 14.7% avg
▼
Keeps 40 cents of every dollar in revenue as profit. Higher than 91% in Consumer Discretionary.
Revenue (TTM)*$964M
4th consecutive year of revenue growth.
Net Income (TTM)*$386M
* Some quarterly data is missing. Values are calculated based on annual report figures.
Profit margin 172% above sector average.
Warren Buffett: Buffett looks for consistent ROE above 20% as a sign of competitive advantage. How to evaluate profitability
Financial Health
Balance Sheet Data LimitedInsufficient data to assess financial health.
Peter Lynch: Lynch: normal balance sheet has 75% equity, 25% debt. Understanding financial health
Dividend
Dividend Data UnavailableDividend yield data is not available from SEC filings. Check the company's investor relations page for dividend information.
As of FY2025 · SEC 10-K · Updated Jul 2, 2026
Duolingo 6-Year Revenue, Profit & Cash Flow History
Revenue has grown at a 45.0% CAGR over the past 5 years.
Net income reached a record high of $414M in FY2025.
Annual Financials
FY2025 - FY2020| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $1.0B(+38.7%) | $748.0M(+40.8%) | $531.1M(+43.7%) | $369.5M(+128.5%) | $161.7M(0.0%) | $161.7M |
| Net Income | $414.1M(+367.5%) | $88.6M(+451.3%) | $16.1M(+127.0%) | $-59,574,000(-277.6%) | $-15,776,000(0.0%) | $-15,776,000 |
| Total Assets | $2.0B | $1.3B | $954.0M | $747.3M | $661.3M | $175.7M |
| Total Debt | - | - | - | - | - | - |
| Total Equity | $1.3B | $824.5M | $655.5M | $542.1M | $-83,976,000 | $-80,691,000 |
| Profit Margin | 39.9% | 11.8% | 3.0% | -16.1% | -9.8% | -9.8% |
| ROE | 30.7% | 10.7% | 2.5% | -11.0% | - | - |
| ROA | 20.8% | 6.8% | 1.7% | -8.0% | -2.4% | -9.0% |
Quarterly Financials
Last 8 quarters| Metric | Q1 2026 | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $230.7M | $271.7M | $252.3M | $230.7M | $192.6M | $178.3M | $167.6M | $137.6M |
| Net Income | $35.1M | $292.2M | $44.8M | $35.1M | $23.4M | $24.4M | $27.0M | $2.8M |
| Total Assets | $2.0B | $1.9B | $1.5B | $1.4B | $1.2B | $1.1B | $1.1B | $870.7M |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026
Insider Trading
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Source: SEC EDGAR Form 4 filings. Only purchase (P) and sale (S) transactions shown.
Duolingo Free Cash Flow & Dividend Coverage
Free Cash Flow
$369.7M
FY2025
FCF Margin
35.6%
FCF / Revenue
Operating Cash Flow
$387.8M
Cash from operations
FCF / Net Income
0.89x
Below earnings
Generates approximately $1M in free cash flow per day.
Cash Flow History
FY2020 - FY2025| Metric | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Operating CF | $17.7M | $17.7M | $53.7M | $153.6M | $285.5M | $387.8M |
| CapEx | -$3.4M | -$3.4M | -$5.6M | -$3.2M | -$12.1M | -$18.1M |
| Free Cash Flow | $14.3M | $14.3M | $48.1M | $150.4M | $273.4M | $369.7M |
| FCF Margin | 8.9% | 8.9% | 13.0% | 28.3% | 36.5% | 35.6% |
Source: SEC EDGAR 10-K filings. FCF = Operating Cash Flow - Capital Expenditures. Free cash flow guide
As of FY2025 · SEC 10-K · Updated Jul 2, 2026
Duolingo Risk Factors
Company-disclosed SEC risk factors
Risk factors are disclosed by the company in its SEC Form 10-K, Item 1A. Billiver does not classify or summarize company-specific legal, operational, financial, or market risks here.
Sector context: Consumer Discretionary. This is not a Billiver risk assessment for DUOL.
Source note: the SEC Form 10-K includes Item 1A, "Risk Factors." The full risk-factor text should be read from the company’s own SEC filing.
Duolingo FAQ
What is Duolingo's annual revenue?
Duolingo (DUOL) reported $964 million in trailing twelve-month (TTM) revenue. This financial data is compiled from SEC EDGAR 10-K filings.
Is Duolingo profitable?
Yes, Duolingo is profitable with a 40.0% net profit margin and $386 million in net income (TTM). All figures from SEC EDGAR 10-K filings.
Does Duolingo pay dividends?
No, Duolingo (DUOL) does not currently pay dividends to shareholders.
What is Duolingo's financial health score?
Duolingo has a financial health score of 93/100 (Grade: A+), evaluating profitability, solvency, liquidity, and growth based on SEC EDGAR data.
How many years of Duolingo financial data are available?
6 years of financial data are available for Duolingo from FY2020 to FY2025. All figures are compiled from SEC EDGAR 10-K filings.