Duolingo, Inc.

Services-Prepackaged Software·PITTSBURGH, PA·FY end 12/31·CIK 1562088

CEO Pay Ratio

6:1

Luis von Ahn

CEO Total Comp

$767.5K

Luis von Ahn

Median Employee

$296,588

Revenue

$1.0B

FY 2025

Net Income

$414.1M

FY 2025

Free Cash Flow

$369.7M

FY 2025

Net Margin

39.9%

Insider Net (180d)

-$5.6M

1 buys / 42 sales

CEO Pay Accountability

CEO comp as % of net income

0.19%

For every $1,000 of profit, $1.85 flows to the CEO.

CEO comp as % of buybacks

—

No buyback data for the most recent fiscal year.

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	Trend
Revenue	$1.0B	$748.0M	$531.1M	$369.5M	$250.8M
Gross Profit	$749.5M	$544.4M	$389.0M	$270.1M	$181.6M
Operating Income	$135.6M	$62.6M	-$13.3M	-$65.2M	-$60.0M
Net Income	$414.1M	$88.6M	$16.1M	-$59.6M	-$60.1M
Operating CF	$387.8M	$285.5M	$153.6M	$53.7M	$9.2M
Capex	$18.1M	$12.1M	$3.2M	$5.6M	$3.6M
Free Cash Flow	$369.7M	$273.4M	$150.4M	$48.1M	$5.6M
Buybacks	—	—	$0	$0	$868.0K
Dividends	—	—	—	—	—	—

Gross Margin	72.2%	72.8%	73.2%	73.1%	72.4%
Operating Margin	13.1%	8.4%	-2.5%	-17.6%	-23.9%
Net Margin	39.9%	11.8%	3.0%	-16.1%	-24.0%
FCF Margin	35.6%	36.5%	28.3%	13.0%	2.2%
R&D / Revenue	29.5%	31.5%	36.6%	40.7%	41.4%
Effective Tax	-127.0%	13.4%	9.6%	-1.6%	-0.3%
Debt / Equity	—	—	—	—	—	—
Buybacks / FCF	—	—	0.0%	0.0%	15.5%

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
Matthew SkaruppaFormer Chief Financial Officer	$756.3K	$4.6M	—	—	$17.5K	$5.4M
Natalie GlanceChief Engineering Officer	$756.3K	$4.6M	—	—	$17.5K	$5.4M
Stephen Chen General Counsel	$587.5K	$2.9M	—	—	$17.5K	$3.5M
Robert MeeseChief Business Officer	$579.2K	$2.3M	—	—	$17.5K	$2.9M
Luis von AhnChief Executive Officer	$750.0K	—	—	—	$17.5K	$767.5K