Duolingo, Inc.

NasdaqGS DUOL

Duolingo, Inc. Gross Profit for the Trailing 12 Months (TTM) ending September 30, 2024: USD 500.41 M

Duolingo, Inc. Gross Profit is USD 500.41 M for the Trailing 12 Months (TTM) ending September 30, 2024, a 41.10% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.

Duolingo, Inc. Gross Profit for the Trailing 12 Months (TTM) ending September 30, 2023 was USD 354.64 M, a 43.54% change year over year.
Duolingo, Inc. Gross Profit for the Trailing 12 Months (TTM) ending September 30, 2022 was USD 247.07 M, a 50.72% change year over year.
Duolingo, Inc. Gross Profit for the Trailing 12 Months (TTM) ending September 30, 2021 was USD 163.93 M.

Key data

Date	Gross Profit	Operating Income	EBIT	EBITDA

NasdaqGS: DUOL

Duolingo, Inc.

CEO	Dr. Luis Alfonso von Ahn Arellano Ph.D.
IPO Date	July 28, 2021
Location	United States
Headquarters	5900 Penn Avenue
Employees	720
Sector	Consumer Discretionary
Industries Education Artificial Intelligence (AI) E-Learning Mobile Apps Online Travel Software-as-a-Service (SaaS)

Description

Duolingo, Inc. develops a language-learning website and mobile app in the United States and China. The company offers courses in 40 different languages, including Spanish, English, French, Japanese, German, Italian, Chinese, Portuguese, and others. It also provides a digital language proficiency assessment exam. The company was incorporated in 2011 and is headquartered in Pittsburgh, Pennsylvania.

Key trends

Past 5 years