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The financials
Duolingo, Inc. by the numbers
Duolingo, Inc. (DUOL) reported revenue of $292M in Q1 2026 (quarter ended Mar 31, 2026), up 27% from the same quarter a year earlier. That came with a gross margin of 73% and net income of $43M (15% of revenue). For the full year FY2025, revenue was $1.04B (+39% year on year) and net income $414M. Its largest product in Jun 2026 was License And Service at $258M, 86% of the disclosed total, well ahead of Advertising at 7.1%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $292M | $231M | +27% |
| Gross profit | $213M | $164M | +30% |
| Operating income | $45M | $24M | +89% |
| Net income | $43M | $35M | +24% |
| Diluted EPS | $0.89 | $0.72 | +24% |
| Product | Revenue | Share |
|---|---|---|
| License And Service | $258M | 86% |
| Advertising | $21M | 7.1% |
| English Test | $10M | 3.4% |
| In App Purchases | $8.0M | 2.7% |
| Product And Service Other | $1.3M | 0.4% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Jun 2026Total $298.5M (+2.2%)
Product And Service Other grew +148% year on yearIn App Purchases -23% year on year
Segment Latestquarter on quarteryear on year
- License And Service$258.0M$258.0MQoQ +2.8%year on year +22%+2.8%+22%
- Advertising$21.1M$21.1MQoQ +2.1%year on year +2.2%+2.1%+2.2%
- English Test$10.1M$10.1MQoQ -11%year on year +0.21%-11%+0.21%
- In App Purchases$8.0M$8.0MQoQ -5.3%year on year -23%-5.3%-23%
- Product And Service Other$1.3M$1.3MQoQ +84%year on year +148%+84%+148%
Software - Application
Ranks #8 of 72 by Smart Score