Duolingo runs a freemium language-learning platform used worldwide, pairing short mobile lessons with streaks, points, and game-like progression. Its catalog covers dozens of languages and includes products such as the Duolingo English Test for academic admissions. The company monetizes primarily through subscriptions that remove ads and unlock extra practice, while free users remain a large part of the audience.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q1 2025 | 230.7 | — | 35.1 | — |
| Q2 2025 | 252.3 | — | 44.8 | — |
| Q3 2025 | 271.7 | — | 292.2 | — |
| Q4 2025 | 282.9 | — | 42 | — |
| Q1 2026 | 292 | 26.5% | 43.5 | 23.7% |
| Q2 2026 | 298.4 | 18.3% | 33.2 | -26% |
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