Market Summary
USD156.85-5.50
Market Closed-3.39%
DUOL Stock Price
DUOL RSI Chart
DUOL Valuation
DUOL Price/Sales (Trailing)
DUOL Profitability
DUOL Fundamentals
DUOL Revenue
DUOL Earnings
Price Action
52 Week Range
64.73168.40
(Low)(High)
Last 7 days
-2.4%
Last 30 days
23.6%
Last 90 days
9.7%
Trailing 12 Months
61.6%
DUOL Financial Health
DUOL Investor Care
Historical Charts for Stock Metrics
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Net sales
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Latest Insider Trading transactions for DUOL
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-09-15 | Hacker Severin | gifted | - | - | -3,000 | chief tech officer, co-founder |
2023-09-11 | Chen Stephen C. | sold | -1,418,100 | 160 | -8,842 | general counsel |
2023-09-11 | Chen Stephen C. | acquired | 127,502 | 14.42 | 8,842 | general counsel |
2023-09-08 | Skaruppa Matthew | sold | -2,491,210 | 157 | -15,853 | chief financial officer |
2023-09-08 | Skaruppa Matthew | acquired | 173,040 | 14.42 | 12,000 | chief financial officer |
2023-09-08 | Chen Stephen C. | acquired | 76,786 | 14.42 | 5,325 | general counsel |
2023-09-08 | Chen Stephen C. | sold | -852,437 | 160 | -5,325 | general counsel |
2023-09-01 | Hacker Severin | acquired | - | - | 10,000 | chief tech officer, co-founder |
2023-09-01 | Hacker Severin | sold | -1,487,980 | 148 | -10,000 | chief tech officer, co-founder |
2023-08-30 | Durable Capital Partners LP | sold | -20,601,400 | 147 | -140,022 | - |
Which funds bought or sold DUOL recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-08-22 | Asset Dedication, LLC | unchanged | - | - | 2,000 | -% |
2023-08-22 | VIRGINIA RETIREMENT SYSTEMS ET AL | new | - | 200,116 | 200,116 | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | added | 26.65 | 978,037 | 4,605,380 | 0.01% |
2023-08-21 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | added | 9.81 | 1,034,000 | 11,299,000 | 0.11% |
2023-08-21 | OSAIC HOLDINGS, INC. | added | 1,774 | 1,166,640 | 1,232,230 | -% |
2023-08-17 | Durable Capital Partners LP | unchanged | - | 1,454,860 | 594,164,000 | 5.21% |
2023-08-16 | Neo Ivy Capital Management | new | - | 194,000 | 194,000 | 0.10% |
2023-08-16 | CreativeOne Wealth, LLC | new | - | 1,037,000 | 1,037,000 | 0.03% |
2023-08-16 | Nuveen Asset Management, LLC | added | 30.22 | 9,721,370 | 41,549,400 | 0.01% |
2023-08-15 | State of Tennessee, Treasury Department | sold off | -100 | -360,753 | - | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Schedule 13G FIlings of Duolingo
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Mar 28, 2023 | hacker severin | 10.7% | 3,752,989 | SC 13G/A | |
| Mar 28, 2023 | von ahn luis | 10.8% | 3,802,055 | SC 13G/A | |
| Feb 15, 2023 | duolingo, inc. | 10.7% | 3,752,989 | SC 13G | |
| Feb 15, 2023 | duolingo, inc. | 10.8% | 3,802,055 | SC 13G | |
| Feb 14, 2023 | foxhaven asset management, lp | 4.0% | 1,251,006 | SC 13G/A | |
| Feb 14, 2023 | gilder gagnon howe & co llc | 2.8% | 879,103 | SC 13G/A | |
| Feb 14, 2023 | newview capital fund i, l.p. | 3.2% | 1e+06 | SC 13G/A | |
| Feb 13, 2023 | durable capital partners lp | 13.3% | 4,156,738 | SC 13G/A | |
| Feb 13, 2023 | general atlantic, l.p. | 4.7% | 1,479,294 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 7.86% | 2,459,432 | SC 13G |
Recent SEC filings of Duolingo
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Sep 19, 2023 | 4 | Insider Trading | |
| Sep 12, 2023 | 4 | Insider Trading | |
| Sep 11, 2023 | 4 | Insider Trading | |
| Sep 08, 2023 | 144 | Notice of Insider Sale Intent | |
| Sep 08, 2023 | 144 | Notice of Insider Sale Intent | |
| Sep 06, 2023 | 4 | Insider Trading | |
| Sep 01, 2023 | 144 | Notice of Insider Sale Intent | |
| Sep 01, 2023 | 144 | Notice of Insider Sale Intent | |
| Aug 31, 2023 | 4 | Insider Trading | |
| Aug 17, 2023 | 4 | Insider Trading |
Duolingo News
Returns for DUOL
Cumulative Returns on DUOL
Risks for DUOL
What is the probability of a big loss on DUOL?
90.3%
Probability that Duolingo stock will be more than 20% underwater in next one year
85.8%
Probability that Duolingo stock will be more than 30% underwater in next one year.
45.1%
Probability that Duolingo stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does DUOL drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Duolingo was unfortunately bought at previous high price.
Drawdowns
Financials for Duolingo
Income Statement (Last 12 Months)
| Income Statement (Last 12 Months) | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 |
| Revenue | 9.5% | 442,389,000 | 403,936,000 | 369,495,000 | 338,685,000 | 306,215,000 | 276,632,000 | 250,772,000 | 226,026,000 | 207,736,000 | 188,944,000 | 161,696,000 | 170,632,000 | 160,044,000 |
| Gross Profit | 9.7% | 323,037,000 | 294,503,000 | 270,064,000 | 247,072,000 | 222,826,000 | 200,975,000 | 181,586,000 | 163,929,000 | 150,616,000 | 136,152,000 | 115,709,000 | 120,812,000 | 112,808,000 |
| Operating Expenses | 5.2% | 374,735,000 | 356,370,000 | 335,259,000 | 311,530,000 | 295,822,000 | 259,415,000 | 241,593,000 | 217,092,000 | 178,146,000 | 163,122,000 | 131,720,000 | 126,782,000 | 112,480,000 |
| S&GA Expenses | 3.6% | 71,085,000 | 68,628,000 | 66,967,000 | 62,449,000 | 59,995,000 | 54,337,000 | 59,170,000 | 54,364,000 | 50,239,000 | 49,245,000 | 34,983,000 | 39,534,000 | 34,500,000 |
| R&D Expenses | 8.2% | 180,237,000 | 166,507,000 | 150,444,000 | 135,993,000 | 123,362,000 | 111,085,000 | 103,833,000 | 89,257,000 | 75,806,000 | 65,977,000 | 53,024,000 | 56,010,000 | 48,444,000 |
| EBITDA | 100.0% | - | -43,350,000 | -53,766,000 | -58,648,000 | -69,924,000 | -55,877,000 | -57,232,000 | -50,505,000 | -24,845,000 | - | -3,696,000 | -3,696,000 | 2,248,000 |
| EBITDA Margin | 100.0% | - | -0.11 | -0.15 | -0.17 | -0.23 | -0.20 | -0.23 | -0.22 | -0.12 | - | -0.02 | -0.02 | 0.01 |
| Interest Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Earnings Before Taxes | 35.2% | -31,894,000 | -49,208,000 | -58,636,000 | -62,831,000 | -73,358,000 | -58,629,000 | -59,958,000 | -52,933,000 | -27,167,000 | -26,941,000 | -15,708,000 | -6,204,000 | 204,000 |
| EBT Margin | 100.0% | - | -0.12 | -0.16 | -0.19 | -0.24 | -0.21 | -0.24 | -0.23 | -0.13 | - | -0.04 | -0.04 | 0.00 |
| Net Income | 37.5% | -31,232,000 | -50,002,000 | -59,574,000 | -63,161,000 | -73,686,000 | -58,817,000 | -60,135,000 | -39,729,000 | -13,935,000 | -13,719,000 | -15,776,000 | -6,272,000 | 160,000 |
| Net Income Margin | 100.0% | - | -0.12 | -0.16 | -0.19 | -0.24 | -0.21 | -0.24 | -0.18 | -0.07 | - | -0.04 | -0.04 | 0.00 |
| Free Cashflow | -100.0% | - | 57,717,000 | 48,094,000 | 36,687,000 | 33,433,000 | 20,600,000 | 5,584,000 | 8,537,000 | 5,594,000 | - | 1,932,000 | 1,932,000 | 21,974,000 |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2020Q4 |
| Assets | 5.6% | 835 | 790 | 747 | 714 | 701 | 685 | 661 | 618 | 182 | 176 |
| Current Assets | 5.9% | 785 | 741 | 697 | 668 | 655 | 641 | 619 | 596 | 163 | 158 |
| Cash Equivalents | 5.9% | 679 | 641 | 608 | 600 | 591 | 577 | 554 | 549 | 115 | 120 |
| Net PPE | -2.1% | 13.00 | 13.00 | 13.00 | 13.00 | 13.00 | 10.00 | 8.00 | 8.00 | 8.00 | 6.00 |
| Goodwill | 0% | 4.00 | 4.00 | 4.00 | - | - | - | - | - | - | - |
| Liabilities | 5.9% | 238 | 225 | 205 | 180 | 173 | 164 | 148 | 107 | 93.00 | 74.00 |
| Current Liabilities | 7.0% | 217 | 203 | 182 | 156 | 147 | 136 | 119 | 99.00 | 85.00 | 66.00 |
| Shareholder's Equity | 5.5% | 596 | 565 | 542 | 534 | 528 | 521 | 513 | 511 | - | - |
| Retained Earnings | 1.6% | -229 | -233 | -230 | -216 | -198 | -183 | -170 | -153 | -124 | -110 |
| Additional Paid-In Capital | 3.4% | 826 | 798 | 773 | 750 | 726 | 704 | 684 | 664 | 31.00 | 30.00 |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 |
| Cashflow From Operations | 39.1% | 87.00 | 63.00 | 54.00 | 42.00 | 38.00 | 25.00 | 9.00 | 12.00 | 9.00 | 13.00 | 18.00 | 3.00 | 26.00 |
| Share Based Compensation | 7.0% | 86.00 | 80.00 | 74.00 | 68.00 | 68.00 | 53.00 | 41.00 | 39.00 | 20.00 | 18.00 | 17.00 | 7.00 | 7.00 |
| Cashflow From Investing | -0.8% | -13.14 | -13.04 | -14.17 | -10.34 | -8.28 | -6.87 | -6.21 | -6.43 | -5.33 | -4.63 | -4.01 | -1.46 | -4.63 |
| Cashflow From Financing | -4.6% | 14.00 | 14.00 | 15.00 | 18.00 | 447 | 442 | 430 | 461 | 30.00 | 40.00 | 47.00 | 3.00 | 21.00 |
| Buy Backs | - | - | - | - | - | - | - | 1.00 | 1.00 | 1.00 | 1.00 | - | - | - |
DUOL Income Statement
2023-06-30UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
| Income Statement [Abstract] | ||||
| Revenues | $ 126,839 | $ 88,386 | $ 242,500 | $ 169,606 |
| Cost of revenues | 33,788 | 23,869 | 65,280 | 45,359 |
| Gross profit | 93,051 | 64,517 | 177,220 | 124,247 |
| Operating expenses: | ||||
| Research and development | 47,947 | 34,217 | 93,791 | 63,998 |
| Sales and marketing | 17,734 | 15,277 | 34,335 | 30,217 |
| General and administrative | 32,235 | 30,057 | 62,478 | 56,913 |
| Total operating expenses | 97,916 | 79,551 | 190,604 | 151,128 |
| Loss from operations | (4,865) | (15,034) | (13,384) | (26,881) |
| Other expense, net of other income | (268) | (539) | (86) | (851) |
| Loss before interest income and income taxes | (5,133) | (15,573) | (13,470) | (27,732) |
| Interest income | 7,543 | 669 | 13,182 | 702 |
| Income (loss) before income taxes | 2,410 | (14,904) | (288) | (27,030) |
| (Benefit) provision for income taxes | (1,315) | 141 | (1,431) | 169 |
| Net income (loss) | 3,725 | (15,045) | 1,143 | (27,199) |
| Net comprehensive income (loss) | $ 3,725 | $ (15,045) | $ 1,143 | $ (27,199) |
| Net income (loss) per share attributable to Class A and Class B common stockholders, basic (in usd per share) | $ 0.09 | $ (0.38) | $ 0.03 | $ (0.70) |
| Net income (loss) per share attributable to Class A and Class B common stockholders, diluted (in usd per share) | $ 0.08 | $ (0.38) | $ 0.02 | $ (0.70) |
DUOL Balance Sheet
2023-06-30UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Jun. 30, 2023 | Dec. 31, 2022 |
|---|---|---|
| Current assets | ||
| Cash and cash equivalents | $ 678,665 | $ 608,180 |
| Accounts receivable | 53,406 | 46,728 |
| Deferred cost of revenues | 42,720 | 35,041 |
| Income tax receivable | 2,363 | 0 |
| Prepaid expenses and other current assets | 7,787 | 7,234 |
| Total current assets | 784,941 | 697,183 |
| Assets, Noncurrent | ||
| Property and equipment, net | 12,571 | 12,969 |
| Goodwill | 4,050 | 4,050 |
| Intangible assets, net | 10,396 | 8,497 |
| Operating lease right-of-use assets | 20,976 | 22,508 |
| Deferred tax assets | 633 | 633 |
| Other assets | 1,236 | 1,507 |
| Total assets | 834,803 | 747,347 |
| Current liabilities | ||
| Accounts payable | 2,305 | 1,177 |
| Deferred revenues | 192,753 | 157,550 |
| Income tax payable | 62 | 1,069 |
| Accrued expenses and other current liabilities | 21,986 | 21,970 |
| Total current liabilities | 217,106 | 181,766 |
| Liabilities, Noncurrent | ||
| Long-term obligation under operating leases | 21,292 | 23,503 |
| Total liabilities | 238,398 | 205,269 |
| Commitments and contingencies (Note 8) | ||
| Stockholders’ equity | ||
| Class A common stock, $0.0001 par value; 2,000,000 shares authorized as of June 30, 2023 and December 31, 2022; 35,368 and 31,899 issued and outstanding at June 30, 2023 and December 31, 2022, respectively Class B common stock, $0.0001 par value; 30,000 shares authorized as of June 30, 2023 and December 31, 2022; 6,163 and 8,462 issued and outstanding at June 30, 2023 and December 31, 2022, respectively | 4 | 4 |
| Additional paid-in capital | 825,746 | 772,562 |
| Accumulated deficit | (229,345) | (230,488) |
| Total stockholders’ equity | 596,405 | 542,078 |
| Total liabilities and stockholders' equity | $ 834,803 | $ 747,347 |
Duolingo, Inc. develops a language-learning website and mobile app in the United States and China. The company offers courses in 40 different languages, including Spanish, English, French, Japanese, German, Italian, Chinese, Portuguese, and others. It also provides a digital language proficiency assessment exam. The company was incorporated in 2011 and is headquartered in Pittsburgh, Pennsylvania.