In the first quarter 2024, language learning app publisher Duolingo generated almost 167 million U.S. dollars in revenues, an increase of 11 percent compared to the previous quarter. Due to the coronavirus pandemic outbreak and the need for users to pass the time during the implementation of stay-at-home measures, Duolingo experienced unprecedented usage growth in 2020. The popular language learning app managed to maintain and expand its user base in 2022 and 2023, reaching more than 42 million downloads during the last examined quarter.
Revenue generated by Duolingo Inc. as of 1st quarter 2024
(in million U.S. dollars)
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Duolingo. (May 8, 2024). Revenue generated by Duolingo Inc. as of 1st quarter 2024 (in million U.S. dollars) [Graph]. In Statista. Retrieved July 16, 2024, from https://www.statista.com/statistics/1247811/quarterly-duolingo-revenue/
Duolingo. "Revenue generated by Duolingo Inc. as of 1st quarter 2024 (in million U.S. dollars)." Chart. May 8, 2024. Statista. Accessed July 16, 2024. https://www.statista.com/statistics/1247811/quarterly-duolingo-revenue/
Duolingo. (2024). Revenue generated by Duolingo Inc. as of 1st quarter 2024 (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 16, 2024. https://www.statista.com/statistics/1247811/quarterly-duolingo-revenue/
Duolingo. "Revenue Generated by Duolingo Inc. as of 1st Quarter 2024 (in Million U.S. Dollars)." Statista, Statista Inc., 8 May 2024, https://www.statista.com/statistics/1247811/quarterly-duolingo-revenue/
Duolingo, Revenue generated by Duolingo Inc. as of 1st quarter 2024 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1247811/quarterly-duolingo-revenue/ (last visited July 16, 2024)
Revenue generated by Duolingo Inc. as of 1st quarter 2024 (in million U.S. dollars) [Graph], Duolingo, May 8, 2024. [Online]. Available: https://www.statista.com/statistics/1247811/quarterly-duolingo-revenue/