According to last week’s earnings call, revenue for the Duolingo English Test in Q4 2021 was $8,095,000. At $49 a pop, we might extrapolate that the test was taken 165,000 times in October/November/December of 2021. The actual number is probably a bit higher than that due to discounts and freebies.

This is up from a revenue of $6,695,000 in Q3 2020, and $4,197,000 in Q4 of 2020.

Here are the historic revenues:

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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