Duolingo Inc (Duolingo) is a provider of language learning platforms that offer users to learn languages online. The company's lesson platform comprises speaking, translation, listening and multiple-choice challenges and provides grading and ways to improve. Its product portfolio includes Duolingo English tests, tiny cards, podcasts, stories and a dictionary among others. The company's learning platform is available as a mobile application on Android, iOS, and Windows platforms and also can be accessed through the Duolingo.com web platform. Duolingo is headquartered in Pittsburgh, Pennsylvania, the US.
Headquarters
United States of America
Address
5900 Penn Avenue, Pittsburgh, Pennsylvania, 15206
Website
www.duolingo.com
Telephone
1 412 5676602
No of Employees
720
Industry
Technology and Communications
Ticker Symbol & Exchange
DUOL (NASD)
Revenue (2022)
$531.1M
43.7%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
127%
(2022 vs 2021)
Market Cap*
$9.0B
Net Profit Margin (2022)
XYZ
118.8%
(2022 vs 2021)
* As of and is in US$
Duolingo Inc premium industry data and analytics
Products and Services
| Products |
|---|
| Duolingo For Schools |
| Duolingo English Test |
| Duolingo ABC |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Stake Sale | In September, the company sold 3,054 shares to Russell Investments Group Ltd. |
| 2022 | Acquisitions/Mergers/Takeovers | In October, the company acquired Gunner, a design and animation studio. |
| 2022 | Contracts/Agreements | In July, the company entered into an agreement with HBO Max for new augmented reality app and HBO Original's "Game of Thrones" to give fans more from the show. |
Competitor Comparison
| Key Parameters | Duolingo Inc | Cambly Inc. | Khan Academy | Mango Languages | Memrise Ltd |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United Kingdom |
| City | Pittsburgh | Walnut | Mountain View | Califonia | London |
| State/Province | Pennsylvania | California | California | - | England |
| No. of Employees | 720 | - | - | - | - |
| Entity Type | Public | Private | Private | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Luis von Ahn | President; Chairman; Chief Executive Officer | Executive Board | 2011 | 44 |
| Severin Hacker | Chief Technology Officer; Director | Executive Board | 2011 | 38 |
| Matthew Skaruppa | Chief Financial Officer | Senior Management | 2020 | 41 |
| Natalie Glance | Chief Engineering Officer | Senior Management | 2022 | 55 |
| Stephen Chen | General Manager | Senior Management | 2020 | 49 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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