Duolingo, Inc.
Close on Oct 19, 2026
- Market cap
- $7.11B
- P/E (TTM)
- 16.9
- Dividend yield
- –
About Duolingo
Services-Prepackaged Software, SIC 7372
Duolingo is a technology company that provides digital learning platforms and educational assessments. Its flagship mobile application offers gamified courses in languages, mathematics, music, and chess. The platform operates on a freemium model, providing free access supported by advertising, alongside paid premium subscriptions such as Super Duolingo and Duolingo Max, which deliver ad-free study and artificial intelligence tools. The company also provides the Duolingo English Test, an on-demand online language proficiency examination, as well as educational tools like Duolingo for Schools and Duolingo ABC. Its users include individual learners across diverse socioeconomic backgrounds, academic applicants, young children, and classroom educators.
The company is located in Pittsburgh and employs more than 900 people, including over 430 engineers. Duolingo serves a global user base, supporting more than 130 million monthly active users who complete nearly two billion exercises daily across more than 250 language courses. In addition, over 6,100 educational programs worldwide accept its English proficiency exam for student admissions.
Summary of the business section of Duolingo's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Duolingo, Inc.
- Headquarters
- Pittsburgh, PA
- Address
- 5900 Penn Ave, Second Floor 15206
- Phone
- (412) 347-6116
- Website
- duolingo.com
- Employees
- 720, Dec 31, 2023
- Industry
- Services-Prepackaged Software
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- Deloitte & Touche LLP, New York, New York
Stock & identifiers
- Ticker
- DUOL
- Exchange
- Nasdaq
- IPO date
- Jul 28, 2021
- Shares outstanding
- 47M, Aug 4, 2026
- Public float
- $13.34B, Jun 28, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1562088
- CUSIP
- 26603R106
- ISIN
- US26603R1068
- EIN
- 45-3055872
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Ahn Luis von | President & CEO, Co-Founder, Director | 3,461,484 |
| Severin Hacker | Chief Tech Officer, Co-Founder, Director | 3,074,182 |
| Stephen C. Chen | General Counsel | 43,769 |
| Robert Meese | Chief Business Officer | 171,191 |
| Natalie Glance | Chief Engineering Officer | 170,278 |
| Gillian Munson | Chief Financial Officer | 137,662 |
| Matthew Skaruppa | Chief Financial Officer | 33,991 |
| William B. Gordon | Director | 68,515 |
| Sallie Krawcheck | Director | 1,312 |
| Mario Schlosser | Director | 6,004 |
| III John Osborne Lilly | Director | 9,023 |
| Amy Bohutinsky | Director | 7,658 |
| James H. Shelton | Director | 11,753 |
| Sara Clemens | Director | 5,955 |
| Bonnie Ross | Director | 4,310 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 (1)Luis von Ahn | $767.50K | -$44.24M | $4.30M | $126 | $109 |
| FY2024 (1)Luis von Ahn | $767.25K | $129.01M | $3.43M | $233 | $110 |
| FY2023 (1)Luis von Ahn | $766.50K | $139.90M | $3.07M | $163 | $88 |
| FY2022 (1)Luis von Ahn | $765.25K | -$31.65M | $3.19M | $51 | $63 |
| FY2021 (1)Luis von Ahn | $74.43M | $78.01M | $19.73M | $76 | $96 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2023, we had approximately 720 employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jul 28, 2021 | IPO | Initial public offering priced (424B4 prospectus) |
| Jul 23, 2021 | Listing | Registration of securities on an exchange (Form 8-A) |