According to yesterday’s earnings call, revenue for the Duolingo English Test in Q3 2021 was $6,695,000. At $49 a pop, we might extrapolate that the test was taken 136,000 times in July/Aug/Sept. The actual number is probably a bit higher than that due to discounts and freebies.

This is up from $5,607,000 in Q3 2020.

Here are the historic revenues:

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

Update:  I found Q4 2020 numbers!

Subscribe
Notify of

0 Comments
Inline Feedbacks
View all comments