Duolingo Inc (NASDAQ: DUOL) is a consumer education technology company that operates a mobile-first language learning platform. Revenue comes primarily from paid subscriptions (Duolingo Super and Max tiers), with supplemental income from in-app advertising shown to free-tier users and in-app purchases of virtual currency. The free tier drives user acquisition at scale, converting a portion of the base into paying subscribers. As of the 10-K filed February 27, 2026 (accession 000162828026012494), the filing confirms Duolingo operates its platform globally across multiple languages and subject areas. The company was founded by Luis von Ahn and Severin Hacker and is headquartered in Pittsburgh, Pennsylvania. The freemium structure creates a large advertising-supported audience alongside a recurring subscription revenue base, with subscription revenue representing the dominant and faster-growing portion of total revenue. The filing does not disclose segment-level revenue percentages or specific subscriber counts in the excerpts provided.
Source: SEC 10-K, filed 2026-02-27
Industry: Services-Prepackaged Software Peers: Bright Horizons Family Solutions Inc Chegg Inc Graham Holdings Co Grand Canyon Education Inc Stride Inc Laureate Education Inc POWERSCHOOL HOLDINGS, INC. Udemy Inc
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