EMPLOYEE BENEFIT PLAN |
9 Months Ended |
|---|---|
Sep. 30, 2024 | |
| Postemployment Benefits [Abstract] | |
| EMPLOYEE BENEFIT PLAN | EMPLOYEE BENEFIT PLAN The Company sponsors a profit sharing plan with a 401(k) feature, the Duolingo Retirement Plan (the “Plan”), for eligible employees. The current Plan, effective January 1, 2021, provides for Company safe harbor matching contributions of 100% of the first 4% of the employees’ elective deferrals and 50% of the next 2%, with vesting starting upon the first day of employment. The Company also has the option to make discretionary matching or profit sharing contributions. The Company made safe harbor matching contributions of approximately $1,807 and $1,563 during the three months ended September 30, 2024 and 2023, respectively, and $5,095 and $4,433 during the nine months ended September 30, 2024 and 2023, respectively. The Company did not make any discretionary matching or profit sharing contributions during the three and nine months ended September 30, 2024 or 2023.
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