The Business Study
Duolingo, Inc. · DUOLHow Duolingo makes money
Duolingo brought in $1.0 billion in revenue in 2025 and kept $414 million as profit: $39.91 of every $100.
From Duolingo's Form 10-K for the year ended December 31, 2025. Page updated November 8, 2026.
Out of every $100 Duolingo took in, it kept
6 years of Duolingo's revenue and profit.
Fiscal years as Duolingo reports them; the latest ended December 31, 2025. Profit is net income.
Quick answers about Duolingo.
How does Duolingo make money?
Duolingo makes most of its money from paid subscriptions, plus ads and the Duolingo English Test.
How much money does Duolingo make a year?
$1.0 billion in revenue in 2025, and $414 million in net profit. That's up 39% from the year before.
Is Duolingo profitable?
Yes. Duolingo made $414 million in net profit in 2025, which is $39.91 of every $100 it took in. It lost money in 2020, 2021, 2022.
How many employees does Duolingo have?
About 900 employees ("more than 900") as of December 31, 2025. That works out to $1.15 million in revenue per employee.
Is Duolingo growing?
Yes. Revenue went from $162 million in 2020 to $1.0 billion in 2025, up 542%.
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CompareSource: Duolingo, Inc., annual report on Form 10-K for the fiscal year ended December 31, 2025, filed with the SEC on February 27, 2026.
Revenue, profit and the breakdowns are the numbers the company reported in that filing (its XBRL data). Profit means net income; "operating profit" means operating income. Nothing on this page is estimated.