Duolingo, Inc. (DUOL)

From the record

Duolingo, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Duolingo, Inc.'s 6 filed years say what it did: revenue went from $162 million in fiscal 2020 to $1.0 billion in fiscal 2025, up 45% a year; it rose in 5 of 5 years; it never fell from a peak; net income was positive in 3 of 6 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Duolingo, Inc.'s diluted share count grew about 7.0% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 84 sales (79 under scheduled 10b5-1 plans) and 1 purchase of their own stock on the open market in the year to 2026-11-05, buying about $499 thousand (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Duolingo, Inc. earned about 31 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 38 cents per dollar of everything the company owns. Leverage: it owed about 32 cents per dollar of assets, and net share issuance: its share count grew 2.6% over the year (the filed statements).

From the record

Duolingo, Inc.'s standing among 218 graded names in its industry family: revenue of $1.0 billion in fiscal 2025 ranks in the top 30% by size; a net margin of 39.9% ranks in the top 4%; revenue growth of 41.1% a year over the last 3 filed years ranks in the top 8% (its annual reports).

From the record

Duolingo, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Von, Ahn Luis (President & CEO, Co-Founder, as filed), filing under that title since 2021-07-27, 5.3 years (top 43% of its family); the 15 officers and directors filing in the last fifteen months have been on the record a median of 5.3 years (bottom 48%); 5 officer or director changes were reported on Form 8-K since 2023-11-13, against the 15 people in charge now (top 23%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Duolingo, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $1.0 billion against no long-term debt tagged leaves 52.2% of its assets as net cash, top 9% of its family; cash from operations less capital spending is 35.6% of revenue (top 8%); a gross margin of 72.2% (top 47%); research spending of 29.5% of revenue (top 23%) (its annual report).

From the record

Duolingo, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 41.1% a year over the last three filed years against 45% over all 6, slowing (top 46% of its family); the newest year grew 38.7% (top 11%); research spending grew 26.7% a year (top 12%); capital spending grew 48.2% a year (top 13%) (its annual reports). Duolingo, Inc. reported 5 product lines in fiscal 2025: License and Service at $873 million (84%), Advertising at $80 million (8%), English Test at $42 million (4%), and 2 more; 4 of 5 grew against the year before (its annual report).

From the record

Duolingo, Inc.'s newest year against its own record: revenue of $1.0 billion in fiscal 2025 came in 2.5% below the $1.1 billion its prior three years' pace pointed to (bottom 41% of its family); net income of $414 million against a prior three-year average of $15 million (top 1%); a net margin of 39.9% against -0.4% before (top 17%) (its annual reports).