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Duolingo, Inc. (DUOL)
NASDAQ: DUOL · Real-Time Price · USD
199.75
+11.37 (6.04%)
At close: Dec 5, 2025, 4:00 PM EST
199.69
-0.06 (-0.03%)
After-hours: Dec 5, 2025, 7:59 PM EST

Duolingo Operating Metrics

Period Ending Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020
Bookings
1.09B 1.02B 944.76M 870.61M 790.01M 732.15M 679.55M 622.20M
Bookings Growth
38.37% 39.68% 39.03% 39.92% 41.68% 44.49% 45.61% 45.14%
Paid Users
11.50M 10.90M 10.30M 9.50M 8.60M 8.00M 7.40M 6.60M
Paid Users Growth
33.72% 36.25% 39.19% 43.94% 48.28% 53.85% 54.17% 57.14%
Paid Users as Percentage of MAU
9.00% 9.00% 8.90% 8.80% 7.60% 7.70% 7.60% 8.30%

Revenue by Segment
Period Ending Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021
Subscription
805.50M 733.62M 666.83M 607.51M 550.67M 498.95M 450.24M 404.74M
Subscription Growth
46.28% 47.03% 48.10% 50.10% 50.71% 50.44% 49.26% 48.00%
Other
158.80M 151.58M 144.40M 114.75M 88.78M 63.20M 37.59M 35.30M
Other Growth
78.87% 139.82% 284.17% 225.11% 175.98% 126.94% 63.50% 90.77%
Advertising
- - - - - - 51.24M 49.92M 47.54M 46.45M 44.57M 44.69M 44.73M 43.14M
Advertising Growth
- - - - - - 14.95% 11.71% 6.28% 7.69% 8.78% 16.06% - -
English Test
- - - - - - 43.97M 41.19M 38.77M 36.36M 34.60M 32.71M 32.40M 30.91M
English Test Growth
- - - - - - 27.09% 25.94% 19.66% 17.66% 24.90% 32.65% - -

Users
Period Ending Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021
Monthly Actives
135.30M 128.30M 130.20M 116.70M 113.10M 103.60M 97.60M 88.40M
Monthly Actives Growth
19.63% 23.84% 33.40% 32.01% 36.10% 39.81% 34.44% 45.63%
Daily Actives
50.50M 47.70M 46.60M 40.50M 37.20M 34.10M 31.40M 26.90M
Daily Actives Growth
35.75% 39.88% 48.41% 50.56% 53.72% 59.35% 54.68% 65.03%

Operating Expense Breakdown
Period Ending Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021
Research and Development
293.16M 273.33M 254.81M 235.30M 219.16M 206.59M 199.39M 194.35M
Research and Development Growth
33.77% 32.31% 27.80% 21.07% 16.22% 14.62% 19.75% 29.19%
General and Administrative
178.93M 173.36M 164.33M 155.99M 146.70M 141.72M 137.01M 132.14M
General and Administrative Growth
21.97% 22.33% 19.94% 18.05% 15.88% 14.81% 13.01% 12.13%
Sales and Marketing
116.12M 106.61M 97.23M 90.49M 84.80M 81.56M 79.12M 75.79M
Sales and Marketing Growth
36.94% 30.72% 22.89% 19.40% 12.02% 14.73% 15.29% 13.17%
Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.