Babbel is a web and mobile language learning application launched in 2008. In 2022, Babbel generated approximately 270 million U.S. dollars in revenues, which corresponds to around 247 million euros. This represents an increase of around 31 percent compared to 2021 when the company reported generating 188 million euros. The company, which is operated by the German Lesson Nine GmbH, has experienced a steady revenue growth in the last years despite its net losses up to 2021.
Annual revenue generated by Babbel from 2013 to 2022
(in million euros)
Data taken from multiple publications.
Data for 2022 revenues calculated by Statista on the basis of values given by the source in U.S. dollars (270 million U.S. dollars in revenue)
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Statista. (September 19, 2023). Annual revenue generated by Babbel from 2013 to 2022 (in million euros) [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/1240459/babbel-annual-revenue/
Statista. "Annual revenue generated by Babbel from 2013 to 2022 (in million euros)." Chart. September 19, 2023. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/1240459/babbel-annual-revenue/
Statista. (2023). Annual revenue generated by Babbel from 2013 to 2022 (in million euros). Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/1240459/babbel-annual-revenue/
Statista. "Annual Revenue Generated by Babbel from 2013 to 2022 (in Million Euros)." Statista, Statista Inc., 19 Sep 2023, https://www.statista.com/statistics/1240459/babbel-annual-revenue/
Statista, Annual revenue generated by Babbel from 2013 to 2022 (in million euros) Statista, https://www.statista.com/statistics/1240459/babbel-annual-revenue/ (last visited November 03, 2024)
Annual revenue generated by Babbel from 2013 to 2022 (in million euros) [Graph], Statista, September 19, 2023. [Online]. Available: https://www.statista.com/statistics/1240459/babbel-annual-revenue/