Growth Metrics

Duolingo (DUOL) Shares Issued (2020 - 2025)

Duolingo has reported Shares Issued over the past 6 years, most recently at $2.9 million for Q4 2025.

  • Quarterly results put Shares Issued at $2.9 million for Q4 2025, down 63.05% from a year ago — trailing twelve months through Dec 2025 was $12.6 million (down 35.06% YoY), and the annual figure for FY2025 was $12.6 million, down 35.06%.
  • Shares Issued for Q4 2025 was $2.9 million at Duolingo, up from $2.7 million in the prior quarter.
  • Over the last five years, Shares Issued for DUOL hit a ceiling of $422.9 million in Q3 2021 and a floor of -$413.7 million in Q4 2021.
  • Median Shares Issued over the past 5 years was $3.6 million (2022), compared with a mean of $3.6 million.
  • Peak annual rise in Shares Issued hit 62088.82% in 2021, while the deepest fall reached 36511.59% in 2021.
  • Duolingo's Shares Issued stood at -$413.7 million in 2021, then surged by 100.37% to $1.5 million in 2022, then surged by 129.87% to $3.6 million in 2023, then soared by 117.82% to $7.8 million in 2024, then crashed by 63.05% to $2.9 million in 2025.
  • The last three reported values for Shares Issued were $2.9 million (Q4 2025), $2.7 million (Q3 2025), and $3.8 million (Q2 2025) per Business Quant data.