Duolingo annual stock-based compensation
2020
2021
2022
2023
2024
2025
Duolingo Stock-Based Compensation Growth & History (DUOL)
Duolingo's stock-based compensation was $137.4M for fiscal 2025.
View full Duolingo company overviewDuolingo annual stock-based compensation history
| Fiscal year | Period ended | Stock-based compensation | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $137.4M | $27.0M | +24.40% |
| 2024 | 2024-12-31 | $110.5M | $15.3M | +16.02% |
| 2023 | 2023-12-31 | $95.2M | $21.4M | +28.99% |
| 2022 | 2022-12-31 | $73.8M | $33.0M | +80.91% |
| 2021 | 2021-12-31 | $40.8M | $23.8M | +139.59% |
| 2020 | 2020-12-31 | $17.0M | — | — |
Duolingo quarterly stock-based compensation
Q2.20
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Stock-based compensation | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $38.2M | $3.6M | +10.46% |
| Q1 2026 | 2026-03-31 | $34.6M | $3.6M | +11.70% |
| Q4 2025 | 2025-12-31 | $36.3M | $6.5M | +21.74% |
| Q3 2025 | 2025-09-30 | $35.6M | $6.6M | +22.81% |
| Q2 2025 | 2025-06-30 | $34.6M | $7.8M | +29.34% |
| Q1 2025 | 2025-03-31 | $31.0M | $6.0M | +24.15% |
| Q4 2024 | 2024-12-31 | $29.8M | $4.8M | +19.14% |
| Q3 2024 | 2024-09-30 | $29.0M | $3.5M | +13.87% |
| Q2 2024 | 2024-06-30 | $26.7M | $3.0M | +12.79% |
| Q1 2024 | 2024-03-31 | $25.0M | $3.9M | +18.56% |
| Q4 2023 | 2023-12-31 | $25.0M | $4.4M | +21.18% |
| Q3 2023 | 2023-09-30 | $25.4M | $4.9M | +24.13% |
| Q2 2023 | 2023-06-30 | $23.7M | $5.6M | +30.92% |
| Q1 2023 | 2023-03-31 | $21.1M | $6.5M | +44.47% |
| Q4 2022 | 2022-12-31 | $20.6M | $5.9M | +40.51% |
| Q3 2022 | 2022-09-30 | $20.5M | −$174,000 | −0.84% |
| Q2 2022 | 2022-06-30 | $18.1M | $15.2M | +523.12% |
| Q1 2022 | 2022-03-31 | $14.6M | $12.0M | +471.78% |
| Q4 2021 | 2021-12-31 | $14.7M | — | — |
| Q3 2021 | 2021-09-30 | $20.7M | $19.0M | +1128.42% |
| Q2 2021 | 2021-06-30 | $2.9M | $1.2M | +72.93% |
| Q1 2021 | 2021-03-31 | $2.6M | — | — |
| Q3 2020 | 2020-09-30 | $1.7M | — | — |
| Q2 2020 | 2020-06-30 | $1.7M | — | — |
Duolingo stock-based compensation trends
Over the last five fiscal years, Duolingo's stock-based compensation increased from $17.0M to $137.4M, a change of $120.4M. The latest reported quarter, Q2 2026, shows $38.2M.
About the metric
What stock-based compensation means
Stock-based compensation is the expense associated with equity awards such as restricted stock and employee options. It is a non-cash expense when recognized, but it can dilute existing shareholders unless offset by share repurchases.
Calculation and source
SEC-reported stock-based compensation
TickerStat standardizes share-based compensation reported in company SEC filings. The history shows recognized compensation expense or its cash-flow-statement adjustment, not the grant-date value of new awards or a forecast of future dilution. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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