Duolingo, Inc. operates in the technology sector within the digital education industry. Founded in 2011, the company develops a gamified learning platform focused primarily on language education, with expanding offerings in other academic subjects.

Headquartered in Pittsburgh, Pennsylvania, Duolingo serves a global user base through mobile and web platforms. Its model integrates artificial intelligence, adaptive learning systems, and game mechanics to increase engagement and retention.

Its core offerings include:

• Duolingo App, featuring free access with a premium subscription tier (Super Duolingo).

• Duolingo English Test (DET), an online English proficiency exam accepted by universities and institutions.

• Duolingo for Schools, a classroom monitoring platform for educators.

• Expansion into math and literacy learning products.

The company operates under a freemium model, generating revenue through subscriptions, advertising, testing fees, and partnerships. Performance is influenced by user growth, subscription conversion rates, digital advertising trends, app store visibility, and broader demand for online education.

Duolingo shares trade on the Nasdaq under the ticker DUOL.

History and Development

Duolingo was founded by Luis von Ahn and Severin Hacker with the mission of expanding access to education through technology. The platform officially launched in 2012 and rapidly became one of the most downloaded education apps globally.

The company differentiated itself by combining short-form lessons with gamification elements such as streaks, levels, and virtual rewards.

It completed its IPO in 2021, gaining broader access to capital markets. In recent years, Duolingo has expanded beyond language learning into additional educational categories and integrated more advanced AI-driven personalization features to enhance user engagement.

Today, Duolingo operates as a global edtech platform focused on scalable, technology-driven learning solutions.

Additional Information

Duolingo Inc (United States) is listed on the Nasdaq and has a market capitalization of $5.88 billion, with shareholders equity totaling $1.41 billion.

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Over the past 12 months, Duolingo Inc reported $1.15 billion in revenue, generating net income of $410.76 million.

Key financial metrics include a P/E ratio of 14.32, a price-to-book (P/B) ratio of 4.17, and a trailing twelve-month dividend yield of 0.00%.

The company trades under the ticker DUOL.