DUOLDuolingo, Inc.

$149.79-49% 1Y

The financials

Duolingo, Inc. by the numbers

Duolingo, Inc. (DUOL) reported revenue of $298M in Q2 2026 (quarter ended Jun 30, 2026), up 18% from the same quarter a year earlier. That came with a gross margin of 73% and net income of $33M (11% of revenue). For the full year FY2025, revenue was $1.04B (+39% year on year) and net income $414M. Its largest product in Q2 2026 was License And Service at $258M, 86% of the disclosed total, well ahead of Advertising at 7.1%. The next results filing is expected around Nov 4, 2026, the same week as a year ago.

Duolingo, Inc. income statement, Q2 2026 against the same quarter a year earlier
Income statementQ2 2026Q2 2025Change
Revenue$298M$252M+18%
Gross profit$217M$183M+19%
Operating income$34M$33M+1.7%
Net income$33M$45M−26%
Diluted EPS$0.66$0.91−27%
Revenue by product, Q2 2026, as reported to the SEC
ProductRevenueShare
License And Service$258M86%
Advertising$21M7.1%
English Test$10M3.4%
In App Purchases$8.0M2.7%
Product And Service Other$1.3M0.4%

Business segments

Revenue split by product segment, from SEC XBRL filings.

Latest period: Jun 2026Total $298.5M (+2.2%)
Product And Service Other grew +148% year on yearIn App Purchases -23% year on year
  • License And Service$258.0Mquarter on quarter +2.8%year on year +22%
  • Advertising$21.1Mquarter on quarter +2.1%year on year +2.2%
  • English Test$10.1Mquarter on quarter -11%year on year +0.21%
  • In App Purchases$8.0Mquarter on quarter -5.3%year on year -23%
  • Product And Service Other$1.3Mquarter on quarter +84%year on year +148%
Segment sum = 100% of reported consolidated revenue · Latest source: 10-Q filed Aug 6, 2026, SEC EDGAR