According to last week’s SEC filings, revenue for the Duolingo English Test in Q1 2022 was $8,080,000.  That’s almost exactly the same as Q4 2021.  It is up about three million dollars from Q1 of 2021.

At $49 a pop, we might extrapolate that the test was taken 165,000 times in the quarter. The actual number is probably a little bit higher than that due to discounts and free tests.

Here are the historic revenues:

Q1 2022 – 8,080,000

Q4 2021 – 8,095,000
Q3 2021 – 6,695,000
Q2 2021 – 4,833,000
Q1 2021 – 5,035,000

Q4 2020 – 4,197,000
Q3 2020 – 5,607,000
Q2 2020 – 4,598,000
Q1 2020 – 753,000

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