What is Duolingo's market cap?

Duolingo (DUOL) has a market capitalization of $6.2B and trades on NASDAQ.

What is Duolingo's revenue and profitability?

Duolingo generated $1.1B in trailing twelve-month revenue with net income of $422.4M, representing a net margin of 38.4%. Gross margin stands at 72.7%, with free cash flow of $416.0M. These figures are based on the Q1 2026 filing.

Who are Duolingo's competitors?

Duolingo's key competitors include Coursera. These companies compete in similar markets and product categories.

Who does Duolingo partner with?

Duolingo's notable partners include Apple, Google, OpenAI.

Where is Duolingo headquartered?

Duolingo is headquartered in United States of America and employs approximately 720 people. It has been publicly traded since 2021.

Duolingo

DUOL

Duolingo is a mobile-first education technology company that provides a gamified learning platform for languages, math, music, and chess.

Market cap

$6.19B-60.1%

Revenue$1.1B+35.4%

Net income$422.4M+337%

Free cash flow$416.0M+40.7%

EPS (diluted)$8.69+328%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q1 2026 report

May 4, 2026

Revenue$292.0MBeat by $3.4M EPS$0.89Beat by $0.10

Read the full report

Next report

Aug 5, 2026 (In 1 week)

Revenue estimate$295.5M

EPS estimate$0.61

Financials

Q1 2026

Income statement

See full

Revenue$292.0M+26.5%

Gross profit$213.1M+29.9%

Operating income$44.5M+88.7%

Net income$43.5M+23.7%

EPS (diluted)$0.89+23.6%

Balance sheet

See full

Cash & equivalents$171.2M+113%

Total debt$91.9M+68.5%

Total equity$1.4B+55.7%

Total assets$2.1B+46.7%

Cash flow

See full

Operating cash flow$150.8M+42.7%

CapEx$132.0K-89.9%

Free cash flow$150.6M+44.4%

Valuation & ratios

Valuation

See full

Market cap$6.19B-60.1%

Enterprise value$6.11B-60.4%

P/E14.7×-117×

P/S5.6×-11.8×

Profitability

See full

Gross margin72.7%+0.4pp

Operating margin14.2%+5.6pp

Net margin38.4%+26.5pp

FCF margin37.9%+1.4pp

Returns & leverage

See full

Return on equity37%+24.9pp

Debt / equity0.1×0.0×

Current ratio2.6×-0.1×

Segments

By product

See full

Subscription$250.9M+31.4%

Advertising$20.6M+15.3%

Duolingo English Test$11.3M-5.6%

In-App Purchases$8.4M-10.5%

Competitors

By market cap

Duolingo$6.2B-60.0%

Coursera$1.6B-20.2%

By revenue growth

Duolingo+35.4%

Coursera+9.8%

By net margin

Duolingo38.44%+26.5pp

Coursera-8.23%+1.1pp

Profile

Duolingo is a mobile-first education technology company that provides a gamified learning platform for languages, math, music, and chess. The company leverages a freemium model and proprietary AI to deliver bite-sized, engaging lessons to a global user base. Its core value proposition lies in making high-quality education accessible and effective through data-driven personalization and a fun, game-like experience.

Competitive position

Duolingo is a market leader in digital language learning, operating the top-grossing education app globally with a significant data moat derived from billions of daily exercises.

GeographiesGlobal, United States

Customer segmentsB2C, Academic Institutions

Business modelFreemium, Subscription SaaS, Ad-supported, Transaction-based

SuppliersCloud infrastructure providers, AI and machine learning hardware, Mobile app stores (Apple App Store, Google Play Store)

CustomersIndividual consumers, Academic admissions offices, Corporate recruiters

CountryUnited States of America

Listed2021

Employees720.0

CEOLuis Alfonso von Ahn Arellano

SectorTechnology

IndustrySoftware - Application

Websiteduolingo.com

FilingsSEC EDGAR

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Questions, answered.

What is Duolingo's market cap?: Duolingo (DUOL) has a market capitalization of $6.2B and trades on NASDAQ.
What is Duolingo's revenue and profitability?: Duolingo generated $1.1B in trailing twelve-month revenue with net income of $422.4M, representing a net margin of 38.4%. Gross margin stands at 72.7%, with free cash flow of $416.0M. These figures are based on the Q1 2026 filing.
Who are Duolingo's competitors?: Duolingo's key competitors include Coursera. These companies compete in similar markets and product categories.
Who does Duolingo partner with?: Duolingo's notable partners include Apple, Google, OpenAI.
Where is Duolingo headquartered?: Duolingo is headquartered in United States of America and employs approximately 720 people. It has been publicly traded since 2021.