NASDAQ:DUOL
Duolingo, Inc.
Duolingo, Inc.'s revenue grew 38.7% in fiscal 2025 to $1.0B while operating margin rose to 13.1%, its highest in 6 years. Free cash flow was $369.7M, 35.6% of revenue, and the diluted share count rose 2.6%.Summary generated from Duolingo, Inc.'s SEC filings. Latest annual report filed Feb 27, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$1.0B
Revenue growth+38.7%
Revenue, 5-yr CAGR+45.0%
Gross margin72.2%
Operating margin13.1%
Net margin39.9%
ROICn/a
Return on equity38.1%
Debt / equityn/a
Free cash flow$369.7M
FCF margin35.6%
Share count change+2.6%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 251 | 369 | 531 | 748 | 1,038 |
| Operating income | −60 | −65 | −13 | 63 | 136 |
| Net income | −60 | −60 | 16 | 89 | 414 |
| Free cash flow | 6 | 48 | 150 | 273 | 370 |
Recent filings
- 4Insider transaction report
Oct 9, 2026 - 4Insider transaction report
Sep 28, 2026 - 8-KRegulation FD disclosure
Aug 19, 2026 - 8-KDirector or officer change
Aug 10, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 6, 2026 - 8-KResults of operations and financial condition
Aug 5, 2026 - 8-KResults of a shareholder vote
Jun 5, 2026 - 10-QQuarterly report for the period ended Mar 31, 2026
May 5, 2026