Duolingo Inc

More Details of Duolingo Inc Company

Duolingo, Inc. is a technology company. The Company is engaged in offering a mobile learning platform, as well as a digital English language proficiency assessment exam. It operates a freemium business model, namely, the app and the Website are accessible free of charge, although Duolingo also offers premium services for a subscription fee. Its solutions consist of the Duolingo App, Super Duolingo, Duolingo Max, Duolingo English Test: AI-Driven Language Assessment, Duolingo for Schools, and Duolingo ABC. The Duolingo App offers courses in over 40 different languages, including Spanish, English, French, German, Italian, Portuguese, Japanese and Chinese. Duolingo can also be accessed on desktop computers via a Web browser. Its subscription offering, Super Duolingo, offers learners additional features to enhance their learning experience. The Duolingo English Test is an online, on-demand, high-stakes English proficiency assessment. It also operates an animation and motion design studio.

Company Info

Company codeDUOL

Company nameDuolingo Inc

IPO dateJul 28, 2021

Founded at2011

CEODr. Luis Von Ahn, Ph.D.

Number of employees830

Security typeOrdinary Share

Fiscal year-endJul 28

Address5900 Penn Ave, Second Floor

CityPITTSBURGH

Stock exchangeNASDAQ Global Select Consolidated

CountryUnited States of America

Postal code15206

Phone14123476116

Websitehttps://www.duolingo.com/

Company codeDUOL

IPO dateJul 28, 2021

Founded at2011

Company Executives

Name

Name/Position

Position

Shareholding

Change

Mr. Robert Meese

Chief Business Officer

102.48K

-8.89%

Dr. Natalie Glance, Ph.D.

Chief Engineering Officer

86.74K

-3.86%

Mr. Matthew (Matt) Skaruppa

Chief Financial Officer

15.75K

-30.39%

Mr. James H. Shelton, III

Independent Director

4.13K

--

Ms. Amy C. Bohutinsky

Independent Director

4.13K

+27.65%

Mr. Severin Hacker, Ph.D.

Co-Founder, Chief Technology Officer, Director

72.00

--

Dr. Luis Von Ahn, Ph.D.

Chairman of the Board, President, Chief Executive Officer, Co-Founder

--

Mr. John Lilly

Independent Director

--

Ms. Bonnie Ross

Independent Director

--

Mr. Mario Schlosser

Independent Director

--

Name

Name/Position

Position

Shareholding

Change

Mr. Robert Meese

Chief Business Officer

102.48K

-8.89%

Dr. Natalie Glance, Ph.D.

Chief Engineering Officer

86.74K

-3.86%

Mr. Matthew (Matt) Skaruppa

Chief Financial Officer

15.75K

-30.39%

Mr. James H. Shelton, III

Independent Director

4.13K

--

Ms. Amy C. Bohutinsky

Independent Director

4.13K

+27.65%

Mr. Severin Hacker, Ph.D.

Co-Founder, Chief Technology Officer, Director

72.00

--

Revenue Breakdown

Currency: USDUpdate time: Sun, Apr 6

FY2024

FY2024Q4

FY2024Q3

FY2024Q2

FY2024Q1

FY2023

FY2023Q4

FY2023Q3

FY2023Q2

FY2023Q1

FY2022

FY2022Q4

FY2022Q3

FY2022Q2

FY2022Q1

FY2021

FY2020

FY2019

By BusinessUSD

Name

Revenue

Proportion

Subscription

607.53M

81.22%

Advertising

54.91M

7.34%

Duolingo English Test

45.64M

6.10%

In App Purchase

38.65M

5.17%

Other

1.29M

0.17%

By RegionUSD

Name

Revenue

Proportion

Rest of World

436.49M

58.35%

United States

311.54M

41.65%

By Business

By Region

By BusinessUSD

Name

Revenue

Proportion

Subscription

607.53M

81.22%

Advertising

54.91M

7.34%

Duolingo English Test

45.64M

6.10%

In App Purchase

38.65M

5.17%

Other

1.29M

0.17%

Shareholder

Update time: Sun, Apr 20

Shareholder Statistics

Type

Shareholder Statistics

Shareholder

Proportion

Fidelity Management & Research Company LLC

9.18%

The Vanguard Group, Inc.

9.01%

BlackRock Institutional Trust Company, N.A.

8.46%

Baillie Gifford & Co.

6.98%

Durable Capital Partners LP

5.91%

Other

60.45%

Shareholder Statistics

Shareholder

Proportion

Fidelity Management & Research Company LLC

9.18%

The Vanguard Group, Inc.

9.01%

BlackRock Institutional Trust Company, N.A.

8.46%

Baillie Gifford & Co.

6.98%

Durable Capital Partners LP

5.91%

Other

60.45%

Type

Shareholder

Proportion

Investment Advisor

45.83%

Investment Advisor/Hedge Fund

28.58%

Hedge Fund

14.90%

Private Equity

2.71%

Sovereign Wealth Fund

1.29%

Pension Fund

1.25%

Research Firm

1.01%

Individual Investor

0.81%

Endowment Fund

0.80%

Other

2.81%

Institutional Shareholding

Update time: Mon, Jan 20

Reporting Period

No. of institutions

Shares Held

Proportion

Change

2025Q1

860

38.46M

98.01%

-1.25M

2024Q4

842

37.04M

94.91%

-3.68M

2024Q3

779

36.74M

98.12%

-3.43M

2024Q2

717

36.66M

98.06%

-1.55M

2024Q1

640

34.09M

92.39%

-3.94M

2023Q4

585

33.11M

91.26%

-5.00M

2023Q3

516

33.44M

94.53%

-5.58M

2023Q2

467

33.33M

94.77%

-2.43M

2023Q1

410

31.05M

96.80%

-584.21K

2022Q4

371

28.52M

89.83%

-3.21M

Shareholder Activity

Name

Shares Held

Proportion

Change

Chg %

Date

Fidelity Management & Research Company LLC

3.60M

9.23%

+985.42K

+37.64%

Dec 31, 2024

The Vanguard Group, Inc.

3.53M

9.05%

+69.85K

+2.02%

Dec 31, 2024

BlackRock Institutional Trust Company, N.A.

3.32M

8.51%

+146.98K

+4.63%

Dec 31, 2024

Baillie Gifford & Co.

2.74M

7.02%

-460.81K

-14.40%

Dec 31, 2024

Durable Capital Partners LP

2.32M

5.94%

-710.48K

-23.45%

Dec 31, 2024

T. Rowe Price Associates, Inc.

1.31M

3.36%

+21.28K

+1.65%

Dec 31, 2024

Whale Rock Capital Management LLC

1.18M

3.02%

-189.03K

-13.81%

Dec 31, 2024

State Street Global Advisors (US)

1.14M

2.91%

+60.16K

+5.59%

Dec 31, 2024

Dragoneer Investment Group, LLC

1.06M

2.72%

-475.03K

-30.87%

Dec 31, 2024

Related ETFs

Update time: Sun, Apr 6

Name

Proportion

American Century Mid Cap Growth Impact ETF

3.79%

Innovator IBD 50 Fund ETF

2.85%

KraneShares Artificial Intelligence and Tcnlgy ETF

2.58%

Pinnacle Focused Opportunities ETF

2.45%

First Trust US Equity Opportunities ETF

2.35%

Pacer US Large Cap Cash Cows Growth Leaders ETF

2.21%

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF

2.17%

Invesco S&P MidCap Quality ETF

1.48%

Franklin Exponential Data ETF

1.39%

ALPS O'Shares Global Internet Giants ETF

1.32%

American Century Mid Cap Growth Impact ETF

Proportion3.79%

Innovator IBD 50 Fund ETF

Proportion2.85%

KraneShares Artificial Intelligence and Tcnlgy ETF

Proportion2.58%

Pinnacle Focused Opportunities ETF

Proportion2.45%

First Trust US Equity Opportunities ETF

Proportion2.35%

Pacer US Large Cap Cash Cows Growth Leaders ETF

Proportion2.21%

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF

Proportion2.17%

Invesco S&P MidCap Quality ETF

Proportion1.48%

Franklin Exponential Data ETF

Proportion1.39%

ALPS O'Shares Global Internet Giants ETF

Proportion1.32%

Dividend

A total of 0.00 USD has been distributed in dividends over the past 5 years.

Date

Dividend

Record Date

Payment Date

Ex-dividend Date

No Data

Stock Split

Date

Type

Ratio

No Data

Date

Type

Ratio

No Data

389.480USD

Duolingo Inc

389.480

Overview

Company