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Duolingo, Inc.

DUOL

$146.40 ▼ -1.24 (-0.84%) at close

7 Visible periods

27 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Excellent

Bullish

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Analytical Summary

Duolingo, Inc. shows strong fundamentals with top-quartile Return on Common Equity (%) and Profit Margin (%). The company's metrics support a bullish outlook for growth-oriented investors.

Market Cap —

Dividend Yield —

Revenue Growth 38.7% ↘

Op. Margin 13.1% ↗

ROIC 22.8% ↗

FCF / Share None

Trailing P/E 16.2x

Price / Book —

FCF Yield —

Debt / Equity —

info Valuation on last close. End-of-day price, Sep 23, 2026.

7-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$1.04B

↑ +38.7% —

Net Income Profit after all expenses

$414.06M

↑ +367.5% —

Operating Margin Operating profit as % of sales

13.1%

↑ +56.1% 63th

FCF / Share Free cash flow per share

$1.22

↑ +411.3% —

trending_up

Bullish Indicators

Profit Margin (%)Profit Margin (%) is in the top quartile
Return on Common Equity (%)Return on Common Equity (%) is in the top quartile

warning

Bearish Risks

No bearish risks detected.

Health Breakdown

Profitability ↑

Returns

Cash Quality

Financial view

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📈 Is growth accelerating? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗
Revenue Growth YoY (%)	38.7% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+223%)	40.8% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+240%)	43.7% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+264%)	47.3% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+295%)	55.1% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+359%)	—	—
EPS Growth YoY (%)	343.6% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	423.1% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	N/M	41.2% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	-107.3% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	—	—
Net Income Growth YoY (%)	367.5% Excellent ↑ Excellent Improving Year-over-year change in net income	451.3% Excellent ↑ Excellent Improving Year-over-year change in net income	N/M	0.9% Caution Caution Year-over-year change in net income	-281.2% Weak Weak Year-over-year change in net income	—	—
FCF Growth YoY (%)	—	—	—	411.3% Excellent Excellent Year-over-year change in free cash flow	-78.8% Weak Weak Year-over-year change in free cash flow	—	—
Revenue CAGR 3Y (%)	41.1% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	44.0% Excellent Excellent Compound annual revenue growth over 3 years	48.6% Excellent Excellent Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	45.0% Excellent Excellent Compound annual revenue growth over 5 years	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗
Operating Margin (%) (%)	13.1% Fair ↑ Fair Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-35%)	8.4% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-58%)	-2.5% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-112%)	-17.6% Weak → Weak Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-188%)	-23.9% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-220%)	-9.9% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-150%)	—
Effective Tax Rate (%) (%)	-127.0% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	13.4% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	9.6% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-1.6% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.3% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.4% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—
Profit Margin (%) (%)	39.9% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+166%)	11.8% Fair ↑ Fair Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-21%)	3.0% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-80%)	-16.1% Weak → Weak Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-207%)	-24.0% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-260%)	-9.8% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-165%)	—
FCF Margin (%) (%)	35.6% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	36.5% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	28.3% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	13.0% Fair ↑ Fair Improving Free cash flow as a percentage of revenue Optimal: > 10%	2.2% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	8.9% Caution Caution Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	0.89x Caution ↓ Caution Declining Free cash flow relative to reported net income Optimal: > 1x	3.09x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	9.36x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	-0.81x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-0.09x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	-0.91x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗
Return on Invested Capital (%)	22.8% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	6.6% Caution ↑ Caution Improving Return earned on debt + equity capital invested Optimal: > 10%	-1.8% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-12.2% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-11.7% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	19.9% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	6.8% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	4.8% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	-1.4% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-8.7% Weak → Weak Stable Operating profit relative to total assets Optimal: > 10%	-9.1% Weak Weak Operating profit relative to total assets Optimal: > 10%	-9.1% Weak Weak Operating profit relative to total assets Optimal: > 10%	—
Return on Common Equity (%) (%)	30.7% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+66%)	10.7% Fair ↑ Fair Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-42%)	2.5% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-87%)	-11.0% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-159%)	-11.7% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-163%)	19.6% Good Good Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+6%)	—

⚖️ Is the balance sheet risky? 1 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗
Net Debt (USD)	$-1.04B	$-785.79M	$-747.61M	$-608.18M	$-553.92M	$-120.49M	—

📊 What does each share earn? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗
Revenue per Share (USD)	—	—	—	$9.36	$10.70	$12.70	—
Basic EPS, GAAP (USD)	$9.05	$2.04	$0.39	$-1.51	$-2.57	$-1.24	—
Free Cash Flow per Share (USD)	—	—	—	$1.22	$0.24	$1.13	—
Book Value per Share (USD)	—	—	—	$13.73	$21.89	$-6.31	—
Tangible Book Value per Share (USD)	—	—	—	$13.42	$21.70	$-6.31	—
Basic Weighted Avg Shares (shares)	—	—	—	39.47M	23.43M	12.73M	—

🏦 How resilient is the balance sheet? 2 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗
Working Capital (USD)	$885.46M	$679.36M	$620.44M	$515.42M	$500.14M	$92.69M	—
Total Equity (USD)	$1.35B	$824.55M	$655.50M	$542.08M	$513.06M	$-80.69M	$-83.98M

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗
Sales/Revenue/Turnover (USD)	$1.04B	$748.02M	$531.11M	$369.50M	$250.77M	$161.70M	—
Depreciation Expense (USD)	$14.39M	$10.85M	$7.09M	$4.87M	$2.73M	$2.26M	—
Net Income, GAAP (USD)	$414.06M	$88.57M	$16.07M	$-59.57M	$-60.13M	$-15.78M	—
Operating Cash Flow (USD)	$387.82M	$285.51M	$153.61M	$53.66M	$9.17M	$17.71M	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced yesterday 7 years · 27 quarters

Duolingo, Inc.

Analytical Summary

7-Year Financial Trajectory

Bullish Indicators

Bearish Risks

Health Breakdown

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