Duolingo Excel edition
Paid subscribers, subscription yield, advertising and English Test revenue. Change the highlighted assumptions to explore the relationship between operating performance, cash flow and value.
Inside the workbook
- Income Statement, Balance Sheet, Cash Flow and DCF Valuation worksheets.
- Three historical fiscal years and ten modeled periods with source and forecast notes.
- Discounted cash flows, terminal-value methods and valuation sensitivities.
| Edition detail | Included |
|---|---|
| Valuation date | 2 October 2026 |
| Historical periods | FY2023A, FY2024A, FY2025A |
| Modeled periods | FY2026E–FY2035E |
| Financial currency | USD in millions |
| Format | Editable .xlsx · Four worksheets · 49.1 KB |
| Price | US$19.99 for 12 months of company-model access |
One company. One year of access.
Your US$19.99 one-time purchase includes 12 months of downloads and updates for this company’s model. No automatic renewal. Downloaded files remain usable after access ends; no fixed update cadence is promised.
Read the current version’s notes
USD in millions, fiscal year ending December 31. Base case: FY2026E follows reported 1H26 results and company guidance (a stated investment year); FY2027E revenue lands on analyst consensus; later years are this model's own assumptions, each explained in the last column.
Dates and descriptions reflect this workbook’s notes. They are not a claim of independent audit or a guarantee that its forecasts will occur.