Welcome to our dedicated page for Duolingo news (Ticker: DUOL), a resource for investors and traders seeking the latest updates and insights on Duolingo stock.
Duolingo, Inc. (Symbol: DUOL) is a pioneering American educational technology company dedicated to language learning and certification. Founded with the mission to make high-quality education universally accessible, Duolingo has grown into the top-grossing app in the Education category on both Google Play and the Apple App Store.
Duolingo offers a range of products designed to make learning engaging and effective. Its flagship product, The Duolingo Language Learning App, allows users to practice vocabulary, grammar, pronunciation, and listening skills through spaced repetition. The app also includes gamified elements such as streaks and leaderboards to keep learners motivated. Super Duolingo offers an ad-free experience with additional features, enhancing the learning journey for subscribers.
In addition to its language learning app, Duolingo has developed several other products:
- Duolingo English Test: An AI-driven language assessment tool recognized by institutions worldwide.
- Duolingo For Schools: A platform that enables teachers to track and manage their students' progress.
- Duolingo ABC: Focused on helping young children learn to read and write.
- Duolingo Math: Recently updated to include advanced real-world math skills, it enhances mental math abilities.
Duolingo's newest addition, the Music course, teaches foundational music theory through interactive lessons. This course aims to bridge the gap for the 3.6 million students in the U.S. who lack access to music education.
Financially, Duolingo has been thriving. The company reported record bookings, revenue, and profitability in 2023, driven by strong user engagement and subscriber growth. Duolingo's revenue streams include time-based subscriptions, in-app advertising, and the Duolingo English Test.
CEO Luis von Ahn emphasizes the company's commitment to product excellence and innovation, revealing that Duolingo's strategy in 2024 will focus on user delight, subscriber growth, and expanding its mission globally. The company's robust financial outlook and strategic alliances further solidify its leadership in the educational technology sector.
With an unwavering focus on leveraging technology to enhance learning experiences, Duolingo continues to set the standard for mobile education. For more information or to begin your learning journey, visit www.duolingo.com.
Duolingo (NASDAQ: DUOL) reported outstanding results for Q4 and full year 2024, marking significant growth milestones. The company achieved its highest ever quarterly performance across multiple metrics, including bookings, revenue, daily active users (DAUs), and net new subscribers. DAUs grew by 51%, surpassing 40 million users.
CEO Luis von Ahn attributed the success to Duolingo's product-led strategy and focus on engagement. Looking ahead to 2025, the company plans to invest in product development to drive engagement and user growth, with particular emphasis on features like Video Call to boost adoption of Duolingo Max.
Duolingo (Nasdaq: DUOL) has announced its participation in three major investor conferences in March 2025. The company will attend the Morgan Stanley Technology, Media and Telecom Conference on March 3rd, the Citizens JMP Technology Conference on March 4th with a fireside chat scheduled for 2:00 pm PT, and the KBCM Emerging Technology Summit on March 5th featuring a fireside chat at 3:00 pm PT.
Interested parties can access the conference fireside chat sessions through live audio webcasts available on Duolingo's Investor Relations website at investors.duolingo.com/events.
Duolingo (DUOL) has announced it will release its fourth quarter and full year 2024 financial results after the U.S. market closes on Thursday, February 27, 2025. The company will host a video webcast at 5:30 p.m. ET on the same day to discuss the results.
Investors and interested parties can access the live video webcast through Duolingo's Investor Relations website. A replay will be made available two hours after the event and will remain accessible for one year.
Duolingo (NASDAQ: DUOL) has expanded its AI-powered Video Call feature to Android devices and added five new languages. This feature, available to Duolingo Max subscribers, enables users to practice language skills through real-time conversations with an AI character named Lily.
The expansion includes new language offerings: German, Italian, Portuguese, Japanese, and Korean for iOS users, while Android users can access English, Spanish, French, German, Portuguese, and Italian, with Japanese and Korean coming soon. The feature includes enhanced functionalities such as expressive animations, conversation transcripts, and proactive engagement through Lily-initiated calls.
According to CEO Luis von Ahn, Video Call represents a breakthrough in language learning technology, providing affordable access to conversation practice that previously required travel or private tutoring.
Duolingo has partnered with Netflix's Squid Game for a new campaign called 'Learn Korean or Else' ahead of Season 2's premiere on December 26, 2024. The campaign features Duolingo's mascot, Duo the Owl, dressed as a Pink Guard, promoting Korean language learning through various creative initiatives.
The partnership includes adding over 40 Squid Game keywords and phrases to Duolingo's Korean course. The campaign elements comprise creative video content, a K-pop remix track titled 'Korean or Get Eaten' available on Spotify, a TikTok interactive game filter, and out-of-home advertising in LA and NYC's Koreatowns.
Following Squid Game Season 1, Duolingo experienced a 40% increase in Korean learners. Netflix reported that 13% of US viewing hours were non-English titles, with Korean content among the most popular.
Duolingo (DUOL) has appointed gaming industry veteran Bonnie Ross as an independent board member. Ross brings 30 years of gaming industry experience, most notably serving as Corporate Vice President at Microsoft and Head of the Halo franchise. Under her leadership, the Halo franchise expanded into a global phenomenon generating over $6 billion in consumer spending across various media platforms.
Ross's experience includes developing major titles like Zoo Tycoon, Mass Effect, and Gears of War. She was inducted into the AIAS Hall of Fame in 2019 for her gaming industry contributions and STEM advocacy. Ross currently serves on the Dean's Leadership Council at Colorado State University's College of Natural Sciences.
Duolingo (Nasdaq: DUOL), the leading mobile learning platform globally, has announced it will release its third quarter 2024 financial results on Wednesday, November 6, 2024, after the U.S. market closes. The company will host a video webcast at 5:30 p.m. ET on the same day to discuss the results.
Investors and interested parties can access the live video webcast through Duolingo's Investor Relations website at https://investors.duolingo.com. For those unable to attend the live event, a replay will be available two hours after the webcast and will remain accessible for one year.
Duolingo (NASDAQ:DUOL) announces major AI-powered innovations at Duocon 2024, its annual conference. The company introduces two new features: Video Call, an AI-powered tool for Duolingo Max subscribers to engage in realistic conversations with the character Lily, and Adventures, an immersive exploration game-like experience. Both features aim to enhance language learning and build user confidence.
Duolingo also expands its Music course capabilities through a partnership with Loog, creating a compact digital piano for learners. The Duolingo x Loog Piano will be available for pre-order at $249. Additionally, the company partners with Sony Music to allow users to play along with popular songs.
Grammy-winning artist Jon Batiste will join Duocon 2024 to discuss the intersection of music, language, and culture. The virtual event showcases Duolingo's commitment to leveraging technology for improved education accessibility.
Duolingo, the leading mobile learning platform, has partnered with Sony Music to enhance its Music course. The collaboration brings over 60 popular recordings from Sony Music artists like Dove Cameron, Hozier, Meghan Trainor, and Whitney Houston to the curriculum. This integration aims to make learning music more engaging and fun.
Learners can now study music fundamentals and practice theory skills such as reading music, understanding note lengths, and differentiating notes using hit songs. The partnership seeks to improve learning retention and comprehension while making music education more enjoyable for millions of users worldwide. Duolingo will showcase the Music course updates at its global event, Duocon, on September 24, 2024.
Duolingo (NASDAQ: DUOL) reported strong Q2 2024 results, surpassing 100 million monthly active users and reaching 8 million subscribers. Key highlights include:
- Total bookings up 38% YoY to $190.1 million
- Revenue increased 41% YoY to $178.3 million
- Daily active users grew 59% YoY to 34.1 million
- Net income of $24.4 million, up from $3.7 million in Q2 2023
- Adjusted EBITDA of $48.1 million, a 27% margin
The company updated its full-year 2024 guidance, projecting total bookings between $820.5-$827.5 million and revenues of $731.3-$738.3 million. Duolingo's focus on family plan penetration and the rollout of Duolingo Max is expected to support long-term monetization strategies.
FAQ
What is the current stock price of Duolingo (DUOL)?
What is the market cap of Duolingo (DUOL)?
What is Duolingo Inc.?
What products does Duolingo offer?
How does Duolingo generate revenue?
What recent updates has Duolingo announced?
What accolades has Duolingo received?
What is the Duolingo English Test?
Who are the founders of Duolingo?
What is Duolingo's mission?
What is Super Duolingo?
How has Duolingo performed financially in 2023?
