Duolingo Inc. (NASDAQ: DUOL)
Software - Application · Pittsburgh, PA, United States · Founded 2011
- Market capitalization: $8.0 billion
- Annual revenue: $1.04 billion
- Net income: $0.41 billion
- Employees: 800
- Sector: Technology
- Headquarters: Pittsburgh, United States
- Founded: 2011
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Duolingo is the world's most popular language-learning app, with over 100 million monthly active users. The green owl mascot has become a cultural phenomenon, and their gamified approach to education has made learning addictive. They've expanded into math and music education.
Freemium model — the app is free with ads, and Super Duolingo ($7/month) removes ads and adds features. Family plans and the Duolingo English Test (accepted by thousands of universities) add revenue streams. Advertising is a smaller but growing contributor.
Founded in 2011 by Luis von Ahn (who also created CAPTCHA and reCAPTCHA) and Severin Hacker at Carnegie Mellon. Duolingo went public in 2021. The app's viral marketing — driven by the passive-aggressive owl notifications — has been one of the most effective organic growth strategies in consumer tech.
| Market Capitalization | $8.0B |
| Annual Revenue | $1.04B |
| Net Income | $0.41B |
| Profit Margin | 39% |
| Revenue per Employee | $1300000K |
| Stock Exchange | NASDAQ |
| Ticker Symbol | DUOL |
Financial data is approximate and based on most recent annual filings.
Duolingo's push notifications from the owl mascot became a meme — "Spanish or vanish" — and the company leaned into it brilliantly. Luis von Ahn previously sold reCAPTCHA to Google, which uses it to digitize books and train AI.
Duolingo turned language learning into a game and a meme, which is genius. The expansion into math and music could make them the default education app for everything.
What is Duolingo Inc.'s revenue?
Duolingo Inc. generates approximately $1.04 billion in annual revenue.
How many employees does Duolingo Inc. have?
Duolingo Inc. employs approximately 800 people worldwide.
What is Duolingo Inc.'s market cap?
Duolingo Inc. (DUOL) has a market capitalization of approximately $8.0 billion on the NASDAQ.
When was Duolingo Inc. founded?
Duolingo Inc. was founded in 2011 and is headquartered in Pittsburgh, PA, United States.
Who is the CEO of Duolingo Inc.?
Luis von Ahn is the current CEO of Duolingo Inc..
What is Duolingo Inc.'s website?
Duolingo Inc.'s official website is duolingo.com.
| CEO | Luis von Ahn |
| Sector | Technology |
| Industry | Software - Application |
| Founded | 2011 |
| HQ | Pittsburgh, PA |
| Country | United States |
| Website | duolingo.com |
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