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Duolingo Inc   (DUOL)
Other Ticker:  
 
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology
 

DUOL's Revenue Growth by Quarter and Year

Duolingo Inc 's Revenue results by quarter and year




DUOL Revenue (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter December 152.41 103.39 73.01 0.00
III Quarter September 137.37 95.76 63.60 0.00
II Quarter June 126.05 87.52 58.80 0.00
I Quarter March 115.17 80.73 0.00 0.00
FY   531.00 367.40 195.41 0.00



DUOL Revenue fourth quarter 2023 Y/Y Growth Comment
Duolingo Inc achieved in the fourth quarter 2023, above Company average Revenue rise of 47.42% year on year, to $ 152.41 millions.

Looking into fourth quarter 2023 results within Software & Programming industry 48 other companies have achieved higher Revenue growth. While Duolingo Inc ' s Revenue jump of 47.42% ranks overall at the positon no. 658 in the fourth quarter 2023.




DUOL Revenue ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter December 47.42 % 41.61 % - -
III Quarter September 43.45 % 50.57 % - -
II Quarter June 44.02 % 48.84 % - -
I Quarter March 42.66 % - - -
FY   44.53 % 88.01 % - -

Financial Statements
Duolingo Inc 's fourth quarter 2023 Revenue $ 152.41 millions DUOL's Income Statement
Duolingo Inc 's fourth quarter 2022 Revenue $ 103.39 millions Quarterly DUOL's Income Statement
New: More DUOL's historic Revenue Growth >>


DUOL Revenue (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter December 10.95 % 7.97 % 14.8 % -
III Quarter September 8.98 % 9.41 % 8.16 % -
II Quarter June 9.45 % 8.41 % - -
I Quarter March 11.39 % 10.57 % - -
FY (Year on Year)   44.53 % 88.01 % - -




Revenue fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry #49
Technology Sector #115
Overall #658

Revenue Y/Y Growth Statistics
High Average Low
45.52 % 44.38 % 43.01 %
(Mar 31 2023)   (Sep 30 2023)
Revenue fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry #49
Technology Sector #115
Overall #658
Revenue Y/Y Growth Statistics
High Average Low
45.52 % 44.38 % 43.01 %
(Mar 31 2023)   (Sep 30 2023)

Revenue by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Duolingo Inc 's Q/Q Revenue Growth


Revenue Q/Q Growth Statistics
High Average Low
14.8 % 10.01 % 7.97 %
(Dec 31 2021)  


DUOL's IV. Quarter Q/Q Revenue Comment
Duolingo Inc achieved in the IV. Quarter 2023 above company average sequential Revenue rise of 10.95%, to $ 152.41 millions, from $137.37 millions in the third quarter.
Duolingo Inc is undergoing a remarkable growth, not just claiming better then regular increase, and additionally accelerating speed, Amy  Williams, Software & Programming industry contributor from Liverpool mentioned.

Within Software & Programming industry 12 other companies have achieved higher Revenue quarter on quarter growth. While Duolingo Inc 's Revenue growth quarter on quarter, overall rank is 377.


Revenue Q/Q Growth Company Ranking
Within: No.
Software & Programming Industry #13
Technology Sector #63
Overall #377
Revenue Q/Q Growth Company Ranking
Within: No.
Software & Programming Industry #13
Technology Sector #63
Overall #377
Revenue Q/Q Growth Statistics
High Average Low
14.8 % 10.01 % 7.97 %
(Dec 31 2021)  


DUOL's IV. Quarter Q/Q Revenue Comment
Duolingo Inc achieved in the IV. Quarter 2023 above company average sequential Revenue rise of 10.95%, to $ 152.41 millions, from $137.37 millions in the third quarter.
DUOL is undergoing a remarkable growth, not just claiming better then regular increase, but also increasing rate, Amy  Williams, Software & Programming industry contributor from Liverpool mentioned.

Within Software & Programming industry 12 other companies have achieved higher Revenue quarter on quarter growth. While Duolingo Inc 's Revenue growth quarter on quarter, overall rank is 377.


Duolingo Inc 's 12 Months Revenue Growth Year on Year


Revenue TTM Growth

12 Months Ending
(Dec 31 2023)
12 Months Ending
(Sep 30 2023)
12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 31 2022)
Cumulative Revenue 12 Months Ending $ 531.00 $ 481.98 $ 440.38 $ 401.84 $ 367.40
Y / Y Revenue Growth (TTM) 44.53 % 43.01 % 44.46 % 45.52 % -
Year on Year Revenue Growth Overall Ranking # 107 # 291 # 409 # 0 # 0
Seqeuential Revenue Change (TTM) 10.17 % 9.45 % 9.59 % 9.37 % 9.02 %
Seq. Revenue Growth (TTM) Overall Ranking # 658 # 1015 # 2132 # 1439 # 0




Cumulative Revenue growth Comment
Duolingo Inc saw improvement in Revenue growth trend, posting cumulative 12 months Revenue growth of 44.53% year on year, to $ 531 millions if the fiscal year would have ended in Dec 31 2023.
Duolingo Inc 's trailing twelve months Revenue growth was higher than company's average 44.38% and higher than 43.01% growth in Sep 30 2023.
But from twelve months ended Sep 30 2023 increase was less at 10.17 % from $481.98 millions reported in twelve months ending a quarter Sep 30 2023 Amy  Williams went on.
There is stagnation in progress, more evident if you pay attention to the usual sequential Revenue advancement which is stronger at44.38%.
The progress was much stronger from the previous reporting period showed at 10.17 % jump from $481.98 millions in the period from Sep 30 2023 to Dec 31 2022.

Among companies within the Technology sector 4 other companies have achieved higher trailing twelve month Revenue growth. While Total ranking has impoved so far to 107, from total ranking in previous quarter at 291.

Revenue TTM Q/Q Growth Statistics
High Average Low
45.52 %
44.38 %
43.01 %
 

Revenue TTM Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry # 49
Technology Sector # 5
Overall # 107

Revenue TTM Y/Y Growth Statistics
High Average Low
45.52 %
44.38 %
43.01 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 49
Sector # 115
S&P 500 # 658
Cumulative Revenue growth Comment
Duolingo Inc saw improvement in Revenue growth trend, posting cumulative 12 months Revenue growth of 44.53% year on year, to $ 531 millions if the fiscal year would have ended in Dec 31 2023.
Duolingo Inc 's trailing twelve months Revenue growth was higher than company's average 44.38% and higher than 43.01% growth in Sep 30 2023.
But from the previous reporting period rise was less at 10.17 % from $481.98 millions achieved in twelve months ending a quarter Sep 30 2023 Amy  Williams added on.
There is stagnation in progress, more noticeable observing the average Q/Q TTM Revenue increase that is better at44.38% Amy  Williams published.

Among companies within the Technology sector 4 other companies have achieved higher trailing twelve month Revenue growth. While Total ranking has impoved so far to 107, from total ranking in previous quarter at 291.

Revenue TTM Q/Q Growth Statistics
High Average Low
45.52 %
44.38 %
43.01 %
 


Revenue TTM Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry # 49
Technology Sector # 5
Overall # 107

Revenue TTM Y/Y Growth Statistics
High Average Low
45.52 %
44.38 %
43.01 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 49
Sector # 115
S&P 500 # 658




Other Revenue Growth
Software & Programming Industry Revenue Growth Trends and Statistics
Technology Sector Revenue Growth Statistics
Revenue Growth Trends for overall market
DUOL's Revenue Growth Ratio versus Software & Programming Industry, Technology Sector and total Market
Highest Ranking Revenue Growth
Lowest Ranking Revenue Growth
Revenue Growth for DUOL's Competitors
Revenue Growth for Duolingo Inc 's Suppliers
Revenue Growth for DUOL's Customers

You may also want to know
DUOL's Annual Growth Rates DUOL's Profitability Ratios DUOL's Asset Turnover Ratio DUOL's Dividend Growth
DUOL's Roe DUOL's Valuation Ratios DUOL's Financial Strength Ratios DUOL's Dividend Payout Ratio
DUOL's Roa DUOL's Inventory Turnover Ratio DUOL's Growth Rates DUOL's Dividend Comparisons



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