Screener
Duolingo DUOL Ratios & Valuation
| Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 72.7%+0.7pp | 72.7%+0.4pp | 72.2%-0.5pp | 72%-1.1pp | 72%-1.3pp | |
| Operating margin | 13.7%+4.2pp | 14.2%+5.6pp | 13.1%+4.7pp | 11%— | 9.5%— | |
| Net margin | 35.9%+22.6pp | 38.4%+26.5pp | 39.9%+28.1pp | 40%+27.4pp | 13.2%+2.8pp | |
| Returns | ||||||
| Return on equity | 34.4%+21.0pp | 37%+24.9pp | 38.1%+26.2pp | 36.2%+24.2pp | 13.4%+3.7pp | |
| Return on invested capital | 14%— | 14.4%— | 12.9%+5.4pp | 10%— | —— | |
| Efficiency | ||||||
| Asset turnover | 0.6×0.0× | 0.6×0.0× | 0.6×0.0× | 0.6×0.0× | 0.7×0.0× | |
| Liquidity | ||||||
| Current ratio | 2.7×-0.1× | 2.6×-0.1× | 2.6×0.0× | 2.8×-0.3× | 2.8×-0.5× | |
| Leverage | ||||||
| Debt-to-equity | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0×0.0× | |
| Net debt / EBITDA | -0.6×0.0× | -0.5×-0.1× | -0.4×-0.1× | -0.1×0.0× | -0.5×+15.0× | |
| Valuation | ||||||
| Market capitalization | $5.74B-63.3% | $4.63B-67.1% | $8.11B-43.1% | $14.75B+20.9% | $19.22B+113% | |
| Price / earnings | 14×-119× | 11×-134× | 19.6×-141× | 38.2×-102× | 164×+27.7× | |
| Price / sales | 5×-12.6× | 4.2×-13.1× | 7.8×-11.2× | 15.3×-2.4× | 21.7×+7.5× | |
| Price / book | 4.1×-11.9× | 3.3×-12.4× | 6×-11.3× | 11.3×-3.6× | 19.7×+7.9× | |
| EV / EBITDA | 32.6×-126× | 26.5×-144× | 53.7×-140× | 122.5×-44.3× | 195.6×+42.8× |
FAQ
- What are Duolingo's profit margins?
- Duolingo (DUOL) runs a 72.7% gross margin and a 13.7% operating margin, with a 35.9% net margin.
- Where do Duolingo's ratios come from?
- Every ratio is computed from Duolingo's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
