Duolingo, Inc.(DUOL)— Stock Profile, AI Score & Financials
Technology · Nasdaq · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated .
Duolingo, Inc. (DUOL) stock profile, AI quality score, and SEC EDGAR financial data, a Technology sector company. 13F Pro's AI-powered ranking engine scores DUOL at 74.5/100 on a 32-signal composite quality model, placing it at rank #111 of 2,960 stocks — the top 5% of the AI-ranked universe. DUOL scores in the top quartile across balance sheet strength (97.1), profitability (95.7), revenue growth (90.3). Areas of concern include institutional flow (30.1), which score below median versus the broader universe. Shareholder dilution risk is elevated at 13.2/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), Duolingo, Inc. reports quarterly revenue of $298.5M, net income of $33.2M, an operating margin of 11.4%. Top institutional holders of DUOL by reported 13-F value include BAILLIE GIFFORD, BlackRock, AQR CAPITAL MANAGEMENT, based on the most recent SEC filings. DUOL trades on the Nasdaq exchange and files with the SEC under CIK 1562088. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate DUOL daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Duolingo, Inc. directly from SEC EDGAR.
AI Quality Score
74.5/100
AI Rank
#111
Revenue
$298.5M
Net Income
$33.2M
Free Cash Flow
$81.4M
Operating Margin
11.4%
DUOL key financials by period
Duolingo, Inc. reported revenue, net income and margins by fiscal period, from SEC filings.
Period
Form
Revenue
Net income
Operating margin
FY 2025
10-K
$1.0B
$414.1M
13.1%
FY 2024
10-K
$748.0M
$88.6M
8.4%
FY 2023
10-K
$531.1M
$16.1M
-2.5%
FY 2022
10-K
$369.5M
$-59.6M
-17.6%
FY 2021
10-K
$250.8M
$-60.1M
-23.9%
FY 2020
10-K
$161.7M
$-15.8M
-9.9%
Institutions holding DUOL
Institutional investors reporting a position in Duolingo, Inc. on SEC Form 13F.
AI-extracted from the 10-Q filed 2026-08-06 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Revenue rose 18% to $298.5M on 22% subscription growth, but net income fell 26% to $33.2M as the effective tax rate jumped to 26.9%.
Biggest Revenue Drivers
Subscription$258.0M+22% YoY
Growth in the average number of paid subscribers and, to a lesser extent, an increase in average revenue per user
Advertising$21.1M+2% YoY
Biggest Revenue Drivers
Total revenue: $298.5M+18% YoY
Subscription$258.0M+22% YoY
Growth in the average number of paid subscribers and, to a lesser extent, an increase in average revenue per user
Advertising$21.1M+2% YoY
Duolingo English Test$10.1M0% YoY
In-App Purchases$8.0M-23% YoY
Decreased IAP revenue drove the 3% decline in total other revenue for the quarter
Other$1.3M+>100% YoY
Largest Expense Items
Research and development$92.2M+25% YoY
Higher net personnel costs of $13.8M from headcount growth, including $5.0M more stock-based compensation, plus $3.3M higher software and third-party AI costs
Cost of revenues$81.7M+17% YoY
Predominantly third-party payment processing fees, hosting fees and third-party AI costs
General and administrative$50.6M+10% YoY
Higher legal and accounting fees of $5.4M and facilities costs of $1.2M, partly offset by a $3.7M personnel cost decrease
Sales and marketing$40.0M+35% YoY
Mainly increased advertising costs of $8.6M
Margins: Gross margin edged up to 72.6% from 72.4%, attributable to higher subscription gross margin reflecting continued reductions in per-unit third-party AI costs. Operating margin fell to 11% from 13% as opex outgrew revenue.
Watch Items from the Filing
Total bookings grew only 8% to $289.1M and subscription bookings 10% to $250.3M, well below reported revenue growth of 18%.
Three payment processors, Apple, Google and Stripe, processed 59.6%, 23.2% and 11.9% of total revenues, and hold 65.5%, 15.7% and 11.7% of accounts receivable.
Effective tax rate rose to 26.9% from 3.6%, cutting net income to $33.2M from $44.8M; Adjusted EBITDA also slipped to $77.3M from $78.7M.
Company accrued approximately $5 million for proposed legal settlement charges, with the remainder of the obligation expected to be funded by insurance.
DAUs rose 23% to 58.7 million and paid subscribers 17% to 12.7 million; $329.7M remains under the $400M February 2026 repurchase authorization.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
