Duolingo Inc is a technology company that develops mobile learning platform to learn languages and is the top-grossing app in the Education category on both Google Play and the Apple App Store. Its products are powered by sophisticated data analytics and artificial intelligence and delivered with class art, animation, and design to make it easier for learners to stay motivated master new material, and achieve their learning goals. Its solutions include The Duolingo Language Learning App, Super Duolingo, Duolingo English Test: AI-Driven Language Assessment, Duolingo For Schools, Duolingo ABC, and Duolingo Math. It has three predominant sources of revenue; time-based subscriptions, in-app advertising placement by third parties, and the Duolingo English Test.
2011
720
LTM Revenue $769M
LTM EBITDA $199M
$16.5B
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Duolingo has a last 12-month revenue of $769M and a last 12-month EBITDA of $199M.
In the most recent fiscal year, Duolingo achieved revenue of $531M and an EBITDA of -$6.2M.
Duolingo expects next 12-month revenue of XXX   and NTM EBITDA of XXX
See Duolingo valuation multiples based on analyst estimatesFY 2022 | FY 2023 | FY 2024 | LTM | NTM | |
---|---|---|---|---|---|
Revenue | $369M | $531M | $744M | $769M | XXX |
Gross Profit | $182M | $270M | $389M | XXX | XXX |
Gross Margin | 49% | 51% | 52% | XXX | XXX |
EBITDA | -$60.3M | -$6.2M | $190M | $199M | XXX |
EBITDA Margin | -16% | -1% | 26% | 26% | XXX |
Net Profit | -$60.1M | -$59.6M | $16.1M | XXX | XXX |
Net Margin | -16% | -11% | 2% | XXX | XXX |
Net Debt | n/a | n/a | n/a | XXX | XXX |
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As of February 10, 2025, Duolingo's stock price is $394.
Duolingo has current market cap of $17.3B, and EV of $16.5B.
See Duolingo trading valuation dataEV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
---|---|---|---|---|---|---|
$16.5B | $17.3B | XXX | XXX | XXX | XXX | $2.12 |
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Sign UpAs of February 10, 2025, Duolingo has market cap of $17.3B and EV of $16.5B.
Duolingo's trades at 21.5x LTM EV/Revenue multiple, and 82.8x LTM EBITDA.
Analysts estimate Duolingo's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Duolingo and 10K+ public compsFY 2024 | FY 2025E | FY 2026E | FY 2027E | |
---|---|---|---|---|
EV | $16.5B | XXX | XXX | XXX |
EV/Revenue | 22.2x | XXX | XXX | XXX |
EV/EBITDA | 86.9x | XXX | XXX | XXX |
P/E | 176.4x | XXX | XXX | XXX |
P/E/Growth | 3.7x | XXX | XXX | XXX |
EV/FCF | 60.7x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpDuolingo's NTM/LTM revenue growth is 29%
Duolingo's revenue per employee for the last fiscal year averaged $0.7M, while opex per employee averaged $0.6M for the same period.
Over next 12 months, Duolingo's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Duolingo's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Duolingo and other 10K+ public compsFY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
---|---|---|---|---|---|
Revenue Growth | 40% | XXX | XXX | XXX | XXX |
EBITDA Margin | 26% | XXX | XXX | XXX | XXX |
EBITDA Growth | -3181% | XXX | XXX | XXX | XXX |
Rule of 40 (SaaS-only) | 55% | XXX | XXX | XXX | XXX |
Revenue per Employee | $0.7M | XXX | XXX | XXX | XXX |
Opex per Employee | $0.6M | XXX | XXX | XXX | XXX |
S&M Expenses to Revenue | 14% | XXX | XXX | XXX | XXX |
G&A Expenses to Revenue | 25% | XXX | XXX | XXX | XXX |
R&D Expenses to Revenue | 37% | XXX | XXX | XXX | XXX |
Opex to Revenue | 76% | XXX | XXX | XXX | XXX |
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EV/Revenue | EV/EBITDA | |||||
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2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
Alef Education | XXX | XXX | XXX | XXX | XXX | XXX |
51 Talk | XXX | XXX | XXX | XXX | XXX | XXX |
3P Learning | XXX | XXX | XXX | XXX | XXX | XXX |
FLOWSPARKS | XXX | XXX | XXX | XXX | XXX | XXX |
XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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Duolingo acquired XXX companies to date.
Last acquisition by Duolingo was XXXXXXXX, XXXXX XXXXX XXXXXX . Duolingo acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiplesAcquired Company | EV | EV/Revenue | EV/EBITDA |
---|---|---|---|
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
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Sign UpWhen was Duolingo founded? | Duolingo was founded in 2011. |
Where is Duolingo headquartered? | Duolingo is headquartered in United States of America. |
How many employees does Duolingo have? | As of today, Duolingo has 720 employees. |
Who is the CEO of Duolingo? | Duolingo's CEO is Dr. Luis von Ahn, PhD. |
Is Duolingo publicy listed? | Yes, Duolingo is a public company listed on NAS. |
What is the stock symbol of Duolingo? | Duolingo trades under DUOL ticker. |
When did Duolingo go public? | Duolingo went public in 2021. |
Who are competitors of Duolingo? | Similar companies to Duolingo include e.g. Alef Education, 51 Talk, 3P Learning, FLOWSPARKS. |
What is the current market cap of Duolingo? | Duolingo's current market cap is $17.3B |
What is the current revenue of Duolingo? | Duolingo's last 12-month revenue is $769M. |
What is the current EBITDA of Duolingo? | Duolingo's last 12-month EBITDA is $199M. |
What is the current EV/Revenue multiple of Duolingo? | Current revenue multiple of Duolingo is 21.5x. |
What is the current EV/EBITDA multiple of Duolingo? | Current EBITDA multiple of Duolingo is 82.8x. |
What is the current revenue growth of Duolingo? | Duolingo revenue growth between 2023 and 2024 was 40%. |
Is Duolingo profitable? | Yes, Duolingo is EBITDA-positive (as of the last 12 months). |
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