Develops language learning apps for smartphone users.
Jun 2026Revenue $1.15B/yrExpenses $988M/yr
Reached break-even Feb 2024
Figures by year
When did Duolingo become profitable?
Its revenue passed its expenses in Feb 2024. In the 12 months to Jun 2026, revenue was $1.15B and expenses $988M.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $1.04B | $902M | $136M |
| Dec 2024 | $748M | $685M | $62.6M |
| Dec 2023 | $531M | $544M | −$13.3M |
| Dec 2022 | $369M | $435M | −$65.2M |
| Dec 2021 | $251M | $311M | −$60.0M |
| Dec 2020 | $162M | $178M | −$16.0M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.