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Duolingo, Inc. (DUOL) — Shares Outstanding

Annual figures by fiscal year, from SEC filings.

2020: 12.73M2021: 23.43M2022: 39.47M2023: 46.52M2024: 47.10M2025: 48.31M48.31M
2020Shares Outstanding (shares)2025
Fiscal YearShares OutstandingChange YoY
202548.31M+2.6%
202447.10M+1.2%
202346.52M+17.9%
202239.47M+68.4%
202123.43M+84.0%
202012.73M—