Duolingo, Inc.
DUOLQ2 2025(DUOL Q1 FY2025)Estimated38% AI
AI Revenue %
38%
AI Fair Value
$893.7M
AI Revenue (Q)
$63.7M
Total Revenue (Q)
$167.6M
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Q1 2025 total revenue was $230,743K (37.7% YoY growth from $167,553K in Q1 2024). Gross profit was $164,096K (71.1% margin). Net income was $35,135K. Forward-looking statements explicitly list 'the success of our development, implementation and use of artificial intelligence and machine learning technologies' as a key risk factor — new language reflecting AI's growing centrality to the business. Stock-based compensation was $31,018K reflecting investment in AI talent. By Q1 2025, Duolingo had expanded AI features substantially: Birdbrain AI, GPT-4 Roleplay and Explain My Answer in Max tier, AI-generated content across all languages, AI Video Call feature, and AI-driven personalization. Estimate of 38% reflects AI's deepening role in product differentiation, premium tier revenue, and content creation efficiency. Math: 38% x $230,743K = ~$87,682K attributed to AI.
Analyzed by claude-opus-4-6
Quoted Figures
Total revenues $230,743
Income Statement for three months ended March 31, 2025
the success of our development, implementation and use of artificial intelligence and machine learning technologies
10-Q filed for period ending March 31, 2025, Forward-Looking Statements
AI Products Identified (Ring 1)
Birdbrain adaptive learning engineDuolingo Max (GPT-4 Roleplay, Explain My Answer, Video Call)AI-generated contentAI-powered personalization
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
Total revenue ($230,743K)Gross profit ($164,096K)
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix