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Duolingo DUOL Return on assets

Return on assets at other companies

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SSR MiningSSRM
4%+2.5pp
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NNN REITNNN
4.2%-0.3pp
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RepligenRGEN
1.8%+1.4pp
Piper Sandler logo
Piper SandlerPIPR
14.3%+3.1pp
MYR Group logo
MYR GroupMYRG
8.9%+6.7pp
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AppFolioAPPF
26.5%-12.7pp

Other financials

Income statement

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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

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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

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

Valuation

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Market cap$5.85B-67.1%
Enterprise value$5.77B-67.6%
P/E13.9×-170×
P/S5.3×-16.6×

Profitability

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Gross margin72.7%+0.4pp
Operating margin14.2%+5.6pp
Net margin38.4%+26.5pp
FCF margin37.9%+1.4pp

Returns & leverage

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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 →

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Questions, answered.

What is Duolingo's return on assets?
Duolingo (DUOL) reported return on assets of 24.4% in Q1 2026.
How has Duolingo's return on assets changed year-over-year?
Duolingo's return on assets increased by 211.8% year-over-year, from 7.8% to 24.4%.
What is the long-term trend for Duolingo's return on assets?
Over 4 years (2021 to 2025), Duolingo's return on assets has grown at a 22.4% compound annual growth rate (CAGR), from -11.2% to 25.1%.
What does return on assets mean?
Trailing-twelve-month net income divided by average total assets. Measures how efficiently the asset base generates profit, independent of how those assets are financed. Computed as net income over average total assets — note this is OpenCapital's standard definition and may differ from data vendors that use alternative numerators.