Duolingo
Language learning app that uses AI to build lessons and tutor learners.
- Revenue
- Q2 2026 revenue $298.5M, up 18%
- Growth
- Paid subscribers 12.7M, up from 10.9M a year earlier. Daily users up 23% to 58.7M
- Based in
- Pittsburgh, US
- Listed
- Public (DUOL)
AI cuts the cost of new courses, and its large free base gives it people to upsell.
Subscriber growth trails daily-user growth, and part of June's growth came from a one-off campaign.
Money coming in
Who pays Duolingo, and for what.
No customers of Duolingo mapped yet.
Money going out
Who Duolingo pays to do what it does.
No suppliers of Duolingo mapped yet.
Where it sits on the map
Competitors and neighbours
Makes ChatGPT, the assistant most people use, and sells its models to businesses through an API.
About $13B revenue in 2025, against about $34B of costs (reported)
Open profileMakes Gemini, the assistant built into Android, Search and Workspace.
25% of AI chip supply (Epoch AI)
Open profileSells Microsoft 365 Copilot inside Office and Windows, and owns a large stake in OpenAI.
20M+ users (2025)
Open profileHomework help site that AI chatbots have largely displaced for students.
Q1 2025 revenue $121M, down 30%
Open profileOnline course platform for universities and companies, combined with Udemy in May 2026.
Q2 2026 revenue $298.6M, up 60%. Excluding Udemy, up about 4%
Open profileAI video platform that makes training and corporate videos from text, with AI presenters.
About $150M ARR (reported Jan 2026, trackers)
Open profileAI language tutor app built for speaking practice.
$1B valuation (Dec 2024)
Open profileLanguage learning app sold on subscription, with lessons built by teams of teachers.
Open profileLibrary of course content for businesses, collecting learning from many publishers.
Open profileSources: sec.gov
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