Skip to content

Duolingo DUOL Operating margin

Operating margin at other companies

Stride logo
StrideLRN
15.8%-0.6pp

Other financials

Income statement

See full
Revenue$292.0M+26.5%
Gross profit$213.1M+29.9%
Operating income$44.5M+88.7%
Net income$43.5M+23.7%
EPS (diluted)$0.89+23.6%

Balance sheet

See full
Cash & equivalents$171.2M+113%
Total debt$91.9M+68.5%
Total equity$1.4B+55.7%
Total assets$2.1B+46.7%

Cash flow

See full
Operating cash flow$150.8M+42.7%
CapEx$132.0K-89.9%
Free cash flow$150.6M+44.4%

Valuation

See full
Market cap$5.85B-67.1%

Profitability

See full
Gross margin72.7%+0.4pp
Net margin38.4%+26.5pp
FCF margin37.9%+1.4pp

Returns & leverage

See full
Return on equity37%+24.9pp
Debt / equity0.1×0.0×
Current ratio2.6×-0.1×

Where this comes from

Calculated from Duolingo’s reported figures.

Based on trailing twelve months.

The official record: Duolingo’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

Ask your AI about Duolingo's operating margin.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Duolingo's operating margin?
Duolingo (DUOL) reported operating margin of 14.2% in Q1 2026.
How has Duolingo's operating margin changed year-over-year?
Duolingo's operating margin increased by 65.6% year-over-year, from 8.6% to 14.2%.
What is the long-term trend for Duolingo's operating margin?
Over 4 years (2020 to 2025), Duolingo's operating margin has grown at a 7.2% compound annual growth rate (CAGR), from -9.9% to 13.1%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.