Stocklore

Duolingo, Inc. (DUOL)

Software · US stock

What changed in recent filings

  • License and services segment 81% → 86%Jun 30, 2024 → Mar 31, 2026
  • Institutions — 2 new · 1 reduced13F · as of end of 2026 Q2

What changed in recent SEC filings — factual, not a buy/sell recommendation.

Institutions holding Duolingo, Inc.

How many of the institutions we track reported holding this stock, quarter by quarter.

max 5
2021 Q3 · 52021 Q4 · 52022 Q1 · 42022 Q2 · 42022 Q3 · 32022 Q4 · 32023 Q1 · 42023 Q2 · 42023 Q3 · 32023 Q4 · 32024 Q1 · 42024 Q2 · 32024 Q3 · 32024 Q4 · 32025 Q1 · 32025 Q2 · 32025 Q3 · 52025 Q4 · 32026 Q1 · 22026 Q2 · 4
21 Q323 Q426 Q2

2021 Q3: 5 → 2026 Q2: 4 institutions

Counts the 52 institutions we track that reported holding this stock — their full reported holdings, not just the largest positions. Not the total number of institutional holders in the US. Figures are as of quarter-end and disclosed up to 45 days later. Descriptive only — not investment advice.

Which institutions hold Duolingo, Inc.

Institutions we track that reported holding this stock in their most recent 13F.

  • Baillie Gifford & Co0.50% of portfolio · since 2021 Q3
  • Tudor Investment Corp0.01% of portfolio · since 2026 Q1
  • Point72 Asset ManagementNew this quarter0.03% of portfolio · since 2026 Q2
  • Caisse de depot (Quebec)under 0.01% of portfolio · held as of 2026 Q2 or earlier

Based on 13F filings — quarter-end holdings, disclosed up to 45 days later. Holding a stock is a fact we report, not a recommendation to buy or sell.

Company overview

The world's No. 1 subscription-based language-learning app, sustaining high retention via streak gamification. It also runs an English-test (DET) business.

What is the Software sector?

Cloud, SaaS, and cybersecurity. Relatively defensive.

Duolingo, Inc. is classified under the Software sector. See peers below.

Duolingo, Inc. key financials

Based on SEC filings · as of Jun 30, 2026

Tap a metric name to see its meaning in the glossary.

Duolingo, Inc. vs Software sector benchmark

Median of 34 representative sector stocks · SEC filings · factual comparison (not advice)

Revenue growth (YoY)
29.4%vs benchmark 19.1%↑ above
Operating margin
11.4%vs benchmark 4.8%↑ above
Net margin
35.9%vs benchmark 10.1%↑ above
ROE
30.7%vs benchmark 6.7%↑ above

A simple comparison to the sector benchmark. Higher or lower doesn’t mean good/bad or buy/sell.

DUOL segment revenue mix trend

Quarterly change in segment revenue share · verified from SEC filings

Jun '24Mar '25Mar '26
License and services 86%Advertising 7%English Test 4%In-App Purchases 3%Other products and services 0%

2 quarters with a different segment breakdown were omitted (filing basis changed).

ETFs holding Duolingo, Inc.

Per SEC N-PORT · 2026-06-30 · by weight · factual

ITOTiShares Core S&P Total U.S. Stock Market ETF
0.01%
VTIVANGUARD TOTAL STOCK MARKET INDEX FUND
0.01%

DUOL on Stocklore

  • Revenue by segmentsegment weights verified from SEC filings, YoY changes, growth drivers and concentration
  • Financials & earnings quality6 metrics (FCF conversion, ROIC, net debt, etc.) to gauge profit quality
  • 13F institutional holdingsholdings and weight changes of major institutions (45-day delay)
  • Sector-relative metricsValuation and growth compared with the Software average
See full DUOL analysis →

Peers · Software

DUOL FAQ

What is Duolingo, Inc. (DUOL)?

The world's No. 1 subscription-based language-learning app, sustaining high retention via streak gamification. It also runs an English-test (DET) business.

What sector is Duolingo, Inc. in?

Duolingo, Inc. is classified under Software. Cloud, SaaS, and cybersecurity. Relatively defensive.

What are Duolingo, Inc.'s key financials?

As of Jun 30, 2026 in SEC filings: Revenue growth (YoY) 29.4%, Operating margin 11.4%, Net margin 35.9%, ROE 30.7%. Definitions and interpretation are available on Stocklore.

Where can I analyze Duolingo, Inc. (DUOL) stock?

On Stocklore you can see DUOL's financials & earnings quality, 13F institutional holdings, and sector-relative metrics in one place. This page is for information and tools — not a buy/sell recommendation.

Data sources: SEC EDGAR (financials & filings), 13F (institutional holdings, as of quarter-end), market data. This page is for information and analysis tools — it does not recommend buying or selling any security. Investment decisions and responsibility are your own.

Not an investment adviser and not personalized investment advice; not a discretionary management service. No trade recommendations, no target prices, no execution or brokerage. We do not recommend or guarantee any purchase, sale, or returns. Investment decisions and their outcomes are your own.

Stocklore · CEO Lee Seung-jae · Business reg. no. 764-36-01607 · E-commerce permit 2026-Jeonju Wansan-0476 · Tel +82-70-7954-4939 · S120, Rm 302, 3F, 21 Jungsanjungang-ro, Wansan-gu, Jeonju, Jeonbuk, Korea