154.25
-3.85%
Close of 9 Nov 2026, in USD
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About Duolingo
From its filings with the US Securities and Exchange Commission
Duolingo is based in Pittsburgh, Pennsylvania and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker DUOL. The SEC classifies its business as prepackaged software. In the fiscal year to 31 December 2025, it reported revenue of $1.04bn and net income of $414.1m. At that date it held total assets of $1.99bn and shareholders' equity of $1.35bn. By business, Subscription brought in 84.2% of revenue, followed by Other at 15.8%. By region, Rest of World accounted for 62.2%, followed by United States at 37.8%.
Our mission is to develop the best education in the world and make it universally available.
Although education can open the door to economic opportunity, it is also among the principal sources of inequality: the privileged can get the best education in the world, while those with fewer resources, especially in developing countries, may not be able to get even basic schooling. That is why we started Duolingo. We believe that everyone, regardless of how wealthy they are, should have access to high quality education. And today, the technology necessary to enable this is in the hands of billions of people, in the form of a smartphone. At Duolingo, we build products native to the smartphone—bite-sized, on-demand and engaging—to make learning accessible and effective, opening doors for everyone alike.
Duolingo is a technology company founded by two engineers, Luis von Ahn and Severin Hacker. Luis and Severin met at Carnegie Mellon University, where Luis was a professor in the Computer Science Department and Severin was his Ph.D. student. Luis, a MacArthur Fellow, grew up in Guatemala and witnessed firsthand the tremendous impact that access to high quality education can have on people’s lives. Luis and Severin bonded over the dream of building an intelligent learning system informed by massive amounts of user engagement data that could deliver superior learning outcomes.
Quoted from its 10-K, filed 27 Feb 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Consumer Discretionary
- Industry
- Diversified Consumer Services
- Listed since
- 28 Jul 2021
- Employees
- 830
- Website
- duolingo.com ↗
- Head office
- 5900 PENN AVE, SECOND FLOOR, PITTSBURGH, PA, 15206
- Incorporated in
- DE
- Classification
- Services-Prepackaged Software
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Dr. Luis von AhnChairman of the Board, President, Chief Executive Officer, Co-Founder, since 2011$767,250
- Mr. Severin HackerCo-Founder, Chief Technology Officer, Director, since 2011$37.4m
- Ms. Gillian MunsonChief Financial Officer, since 2019$233,681
- Mr. Matthew SkaruppaChief Financial Officer$5.6m
- Mr. Stephen ChenGeneral Counsel$2.2m
- Dr. Natalie GlanceChief Engineering Officer, since 2022$4.0m
- Mr. Robert MeeseChief Business Officer$2.0m
- Ms. Amy BohutinskyIndependent Director$227,681
- Ms. Sara ClemensIndependent Director$232,806
- Mr. Bing GordonIndependent Director$227,931
- Mr. John LillyIndependent Director$224,806
- Ms. Bonnie RossIndependent Director$359,974
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 35
- Environment
- 8
- Social
- 63
- Governance
- 32
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Duolingo Inc has several strengths that contribute to its success in the language learning market. Firstly, its gamified approach to language learning, with interactive exercises and rewards, engages and motivates users to continue learning. This unique feature sets it apart from traditional language learning methods.
- Additionally, Duolingo offers a wide range of languages, giving users the opportunity to learn various languages from one platform. This diversity attracts individuals with different language study interests and enables Duolingo to cater to a large user base.
- Furthermore, Duolingo's mobile application and website offer seamless and user-friendly experiences, making it accessible to users whenever and wherever they want to learn. This accessibility contributes to the convenience and popularity of the platform.
Weaknesses
- One of the weaknesses of Duolingo is its limitations in advanced language learning. While the platform is effective for beginners and intermediate learners, it may not provide sufficient depth or complexity for advanced language study. This could result in advanced learners seeking additional resources or platforms to supplement their learning.
- Additionally, Duolingo's free model, though enticing to users, relies heavily on advertisements and premium subscriptions for revenue generation. Depending on these revenue streams may pose a challenge in maintaining sustainable growth and profitability in the long term.
Opportunities
- Duolingo has various opportunities to explore and expand its market presence. Firstly, it can develop partnerships with educational institutions, such as schools and universities, to incorporate Duolingo into their language curricula. This could lead to widespread adoption and increased user base.
- Moreover, Duolingo can consider launching specialized language learning courses for specific industries or professions, catering to the needs of professionals seeking language skills relevant to their careers. This strategic expansion could attract a niche market and create additional revenue streams.
Threats
- Duolingo faces threats from existing and emerging competitors in the language learning industry. Competitors may offer similar gamified approaches and innovative features, posing a risk to Duolingo's market share. To mitigate this, Duolingo needs to continuously innovate and stay ahead in terms of content quality and user experience.
- Furthermore, the rapidly changing technology landscape may also pose a threat. Duolingo must adapt to new technologies and trends, such as AI-powered language learning tools, to maintain its competitive edge and meet evolving user expectations.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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