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Duolingo

Stock Price

$193.8

2024-07-03

Market Capitalization

$8.9 B

2024-06-28

Revenue

$531.1 M

FY, 2023

Duolingo Summary

Company Summary

Overview
Duolingo is an educational technology company that develops mobile learning apps. It offers Duolingo for Schools, a web-based tool allowing teachers to create a dashboard for a class, assign content to students, and track the progress of students; Duolingo English Test, a solution for online assessment of English proficiency; Duolingo ABC, an app for children that teaches literacy skills; and other products.
Type
Public
Status
Active
Founded
2011
HQ
Pittsburgh, PA, US | view all locations
Website
https://www.duolingo.com
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Luis Von Ahn

    Luis Von Ahn, Co-Founder, Chief Executive Officer & Board Chairman

  • Severin Hacker

    Severin Hacker, Co-Founder, Chief Technology Officer & Board Director

  • Matthew Skaruppa

    Matthew Skaruppa, Chief Financial Officer

  • Natalie Glance

    Natalie Glance, Chief Engineering Officer

Operating MetricsView all

Monthly Active Users

72.6M
47.6%

Q1, 2023

Paid Customers

4.8M
65.5%

Q1, 2023

Daily Active Users

20.3M
62.4%

Q1, 2023

LocationsView all

5 locations detected

  • Pittsburgh, PA HQ

    United States

    5900 Penn Ave

  • New York, NY

    United States

    85 Broad St, 8th Floor

  • Seattle, WA

    United States

    1525 11th Ave

  • Beijing, Beijing Shi

    China

    East Gongxiao Building, 28 Guandongdian Street

  • Berlin, BE

    Germany

    Warschauer Platz 11-13

Duolingo Financials

Summary Financials

Revenue (Q1, 2024)
$167.6M
Gross profit (Q1, 2024)
$122.4M
Net income (Q1, 2024)
$27.0M
Cash (Q1, 2024)
$829.7M
EBIT (Q1, 2024)
$16.4M
Enterprise value
$8.2B

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