Duolingo (DUOL) Shares Outstanding (2020 - 2026)

Duolingo has reported Shares Outstanding for 7 years, with the latest figure at $40.5 million in Q1 2026.

• For the quarter ending Q1 2026, Shares Outstanding fell 10.85% year-over-year to $40.5 million; the trailing twelve-month figure through Mar 2026 stood at $40.5 million (down 10.85% YoY), and the FY2025 full-year result was $6.3 million, down 86.07% from the prior year.
• Shares Outstanding for Q1 2026 stood at $40.5 million, up from $6.3 million in the prior quarter.
• The five-year high for Shares Outstanding was $46.1 million in Q3 2025, with the low at $39.1 million in Q1 2022.
• Average Shares Outstanding over 5 years is $42.3 million, with a median of $42.0 million recorded in 2023.
• Year-over-year, Shares Outstanding jumped 198.3% in 2022 and plunged 86.07% in 2025.
• Tracing DUOL's Shares Outstanding over 5 years: stood at $40.4 million in 2022, then advanced by 5.36% to $42.5 million in 2023, then gained by 5.67% to $44.9 million in 2024, then sank by 86.07% to $6.3 million in 2025, then jumped by 546.76% to $40.5 million in 2026.
• The last three Shares Outstanding figures came in at $40.5 million (Q1 2026), $6.3 million (Q4 2025), and $46.1 million (Q3 2025), per Business Quant data.

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