In Q1 FY2026 (ended March 31, 2026), Duolingo reported revenue of $292.0 million, up 26.5% year-over-year. Net income was $43.5 million, a 23.7% increase, while operating income surged 88.7% to $44.5 million. Diluted EPS rose to $0.89, up 23.6%. The company held $1.14 billion in cash and $1.39 billion in equity, with no long-term debt.
•Revenue grew 26.5% YoY to $292.0 million.
•Operating income increased 88.7% to $44.5 million.
•Diluted EPS was $0.89, up 23.6%.
•Cash and equity stood at $1.14 billion and $1.39 billion, respectively, with no long-term debt.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Duolingo is a mobile learning platform globally. The company offers 250 language courses, including Spanish, English, French, German, Italian, Portuguese, Japanese, and Chinese through its Duolingo app A digital English language proficiency assessment exam. Incorporated in 2011, the company is headquartered in Pittsburgh, Pennsylvania.
Duolingo, Inc. operates a mobile learning platform that offers a wide range of language courses. The company provides over 250 language courses through its Duolingo app, including popular languages such as Spanish, English, French, German, Italian, Portuguese, Japanese, and Chinese. In addition to language learning, Duolingo also offers a digital English language proficiency assessment exam. The platform is designed to make learning accessible and engaging for users globally. Founded in 2011, Duolingo has grown to become a leading educational technology company, leveraging gamification and adaptive learning techniques to help users build language skills.
Where is Duolingo listed and what currency does it trade in?
Duolingo, Inc. is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol DUOL. The company's shares are traded in United States Dollars (USD). As a US-based company, Duolingo's stock is part of the Nasdaq exchange, which is one of the major stock exchanges in the world. Investors can buy and sell DUOL shares during regular trading hours on Nasdaq. The use of USD as the trading currency reflects the company's primary listing in the United States and its headquarters in Pittsburgh, Pennsylvania.
What sector and industry does Duolingo operate in?
Duolingo, Inc. operates in the Technology sector, specifically within the Software - Application industry. This classification indicates that Duolingo develops and provides software applications, primarily its mobile language learning platform. As a software application company, Duolingo focuses on creating user-friendly digital products that deliver educational content through mobile devices and the internet. The Technology sector encompasses companies that innovate in computing, software, and digital services, and Duolingo's application-based model fits squarely within this space. The company's industry, Software - Application, includes businesses that develop software for end-users, often through app stores or direct downloads.
Where is Duolingo headquartered and what is its geographic focus?
Duolingo, Inc. is headquartered in Pittsburgh, Pennsylvania, United States. The company was incorporated in 2011 and has since built a global presence through its mobile learning platform. While its headquarters are in the US, Duolingo serves a worldwide audience, offering language courses in multiple languages to learners across different countries. The platform's digital nature allows it to reach users internationally, and its description highlights that it operates globally. Duolingo's geographic focus is broad, with courses designed for speakers of various languages, making it a truly international educational tool. The company's US base provides a strong foundation for its operations and growth.
How does Duolingo make money?
Duolingo generates revenue primarily through its freemium business model. The core language learning app is free to use, but the company offers a premium subscription service called Duolingo Plus, which provides an ad-free experience, offline access, and other benefits. Additionally, Duolingo earns income from advertising displayed to free users. Another revenue stream is the Duolingo English Test, a digital English proficiency assessment that test-takers pay for. The company also offers in-app purchases and potentially licensing or partnership deals. By combining free access with premium features and assessments, Duolingo monetizes its large user base while maintaining broad accessibility.