Duolingo (DUOL) Revenue (2020 - 2026)
Duolingo (DUOL) posted Revenue of $298.5 million for Q2 2026, up 2.22% on a QoQ basis from $292.0 million in Q1 2026, and up 18.31% year-over-year from $252.3 million in Q2 2025.
Analysis
Duolingo (DUOL) Revenue (2020 - 2026) Analysis & Trends
Duolingo has reported Revenue for 7 years, with the latest figure at $298.5 million in Q2 2026.
- On a quarterly basis, Revenue rose 18.31% year-over-year to $298.5 million in Q2 2026; TTM through Jun 2026 was $1.1 billion, a 29.36% increase from a year earlier, with the FY2025 full-year figure at $1.0 billion, up 38.71% from the prior year.
- Revenue was $298.5 million for Q2 2026 at Duolingo, up from $292.0 million in the prior quarter.
- The five-year high for Revenue was $298.5 million in Q2 2026, with the low at $81.2 million in Q1 2022.
- Average Revenue over 5 years is $182.0 million, with a median of $172.9 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2026: Revenue jumped 51.06% in 2022, then advanced 18.31% in 2026.
- Over 5 years, Revenue stood at $103.8 million in 2022, then jumped by 45.42% to $151.0 million in 2023, then surged by 38.79% to $209.6 million in 2024, then surged by 34.99% to $282.9 million in 2025, then climbed by 5.51% to $298.5 million in 2026.
- The last three Revenue figures came in at $298.5 million (Q2 2026), $292.0 million (Q1 2026), and $282.9 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Duolingo | 14.45 Bn | 13.13 Bn | 216.74 Mn | 298.45 Mn |
| 2 | Youdao | 3.62 Bn | 3.50 Bn | 105.66 Mn | 216.19 Mn |
| 3 | Coursera | 1.59 Bn | 604.41 Mn | 173.40 Mn | 298.60 Mn |
| 4 | Docebo | 712.07 Mn | 666.36 Mn | 54.53 Mn | 68.65 Mn |
| 5 | 51Talk Online Education | 344.94 Mn | 309.51 Mn | 22.97 Mn | 31.19 Mn |
| 6 | iHuman | 124.70 Mn | -34.09 Mn | 17.68 Mn | 26.46 Mn |
| 7 | Nerdy | 119.95 Mn | 90.19 Mn | 27.98 Mn | 43.23 Mn |
| 8 | Chegg | 94.28 Mn | 21.96 Mn | 28.28 Mn | 51.85 Mn |
| 9 | Skillsoft | 60.79 Mn | -57.58 Mn | 78.61 Mn | 94.50 Mn |
| 10 | Sunlands Technology | 39.07 Mn | 38.85 Mn | - | 59.68 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 298.45 Mn |
| Mar 31, 2026 | 291.97 Mn |
| Dec 31, 2025 | 282.87 Mn |
| Sep 30, 2025 | 271.71 Mn |
| Jun 30, 2025 | 252.27 Mn |
| Mar 31, 2025 | 230.74 Mn |
| Dec 31, 2024 | 209.55 Mn |
| Sep 30, 2024 | 192.59 Mn |
| Jun 30, 2024 | 178.33 Mn |
| Mar 31, 2024 | 167.55 Mn |
| Dec 31, 2023 | 150.99 Mn |
| Sep 30, 2023 | 137.62 Mn |
| Jun 30, 2023 | 126.84 Mn |
| Mar 31, 2023 | 115.66 Mn |
| Dec 31, 2022 | 103.82 Mn |
| Sep 30, 2022 | 96.07 Mn |
| Jun 30, 2022 | 88.39 Mn |
| Mar 31, 2022 | 81.22 Mn |
| Dec 31, 2021 | 73.01 Mn |
| Sep 30, 2021 | 63.60 Mn |