Duolingo, Inc.
Company Stats
- Market Cap
- $6.7B
- as of Sep 30, 2026
- Shares Outstanding
- 46.8M
- Free Float
- 68.0%
Income Statement
- Revenue
- $1.0B
- Operating Income
- $135.6M
- Net Income
- $414.1M
- EBITDA
- $150.0M
- Revenue Growth, 3Y
- 41.1%
- FCF Margin, 3Y Avg
- 33.5%
- FCF Margin, Worst Year
- 28.3%
Cash Flow
- Free Cash Flow
- $369.7M
- FCF Yield
- 5.5%
- Owner FCF Yield
- 3.5%
Balance Sheet
- Cash & Equivalents
- $1.0B
Returns & Capital
- SBC, 3Y Avg
- $114.4M
Cash Flow by Year
| Year | Revenue | FCF | Margin |
|---|---|---|---|
| FY2025 | $1.0B | $369.7M | 35.6% |
| FY2024 | $748.0M | $273.4M | 36.5% |
| FY2023 | $531.1M | $150.4M | 28.3% |
| FY2022 | $369.5M | $48.1M | 13.0% |
| FY2021 | $250.8M | $5.6M | 2.2% |
Annual filing data through FY ended December 31, 2025; shares and float as of October 12, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.