Duolingo, Inc. (DUOL)
NASDAQ: DUOL · Real-Time Price · USD
191.41
+2.98 (1.58%)
At close: Nov 28, 2025, 1:00 PM EST
191.98
+0.57 (0.30%)
After-hours: Nov 28, 2025, 4:59 PM EST

Duolingo Statistics

Total Valuation

Duolingo has a market cap or net worth of $8.85 billion. The enterprise value is $7.82 billion.

Market Cap8.85B
Enterprise Value 7.82B

Important Dates

The last earnings date was Wednesday, November 5, 2025, after market close.

Earnings Date Nov 5, 2025
Ex-Dividend Date n/a

Share Statistics

Duolingo has 46.23 million shares outstanding. The number of shares has increased by 1.47% in one year.

Current Share Class 40.01M
Shares Outstanding 46.23M
Shares Change (YoY) +1.47%
Shares Change (QoQ) +0.29%
Owned by Insiders (%) 14.11%
Owned by Institutions (%) 90.85%
Float 39.67M

Valuation Ratios

The trailing PE ratio is 23.82 and the forward PE ratio is 49.12.

PE Ratio 23.82
Forward PE 49.12
PS Ratio 8.98
Forward PS 7.20
PB Ratio 6.75
P/TBV Ratio 7.11
P/FCF Ratio 24.96
P/OCF Ratio 24.32
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 62.16, with an EV/FCF ratio of 22.07.

EV / Earnings 20.27
EV / Sales 8.11
EV / EBITDA 62.16
EV / EBIT 70.09
EV / FCF 22.07

Financial Position

The company has a current ratio of 2.82, with a Debt / Equity ratio of 0.07.

Current Ratio 2.82
Quick Ratio 2.60
Debt / Equity 0.07
Debt / EBITDA 0.71
Debt / FCF 0.27
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 36.25% and return on invested capital (ROIC) is 6.11%.

Return on Equity (ROE) 36.25%
Return on Assets (ROA) 4.49%
Return on Invested Capital (ROIC) 6.11%
Return on Capital Employed (ROCE) 7.97%
Revenue Per Employee $1.16M
Profits Per Employee $465,082
Employee Count830
Asset Turnover 0.62
Inventory Turnover n/a

Taxes

Income Tax -235.76M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -44.94% in the last 52 weeks. The beta is 0.83, so Duolingo's price volatility has been lower than the market average.

Beta (5Y) 0.83
52-Week Price Change -44.94%
50-Day Moving Average 268.68
200-Day Moving Average 351.28
Relative Strength Index (RSI) 35.90
Average Volume (20 Days) 2,740,298

Short Selling Information

The latest short interest is 5.36 million, so 11.61% of the outstanding shares have been sold short.

Short Interest 5.36M
Short Previous Month 4.59M
Short % of Shares Out 11.61%
Short % of Float 13.52%
Short Ratio (days to cover) 2.50

Income Statement

In the last 12 months, Duolingo had revenue of $964.27 million and earned $386.02 million in profits. Earnings per share was $8.04.

Revenue964.27M
Gross Profit 694.21M
Operating Income 111.63M
Pretax Income 150.26M
Net Income 386.02M
EBITDA 125.88M
EBIT 111.63M
Earnings Per Share (EPS) $8.04
Full Income Statement

Balance Sheet

The company has $1.12 billion in cash and $97.32 million in debt, giving a net cash position of $1.02 billion or $22.15 per share.

Cash & Cash Equivalents 1.12B
Total Debt 97.32M
Net Cash 1.02B
Net Cash Per Share $22.15
Equity (Book Value) 1.31B
Book Value Per Share 28.36
Working Capital 882.57M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $363.89 million and capital expenditures -$9.33 million, giving a free cash flow of $354.56 million.

Operating Cash Flow 363.89M
Capital Expenditures -9.33M
Free Cash Flow 354.56M
FCF Per Share $7.67
Full Cash Flow Statement

Margins

Gross margin is 71.99%, with operating and profit margins of 11.58% and 40.03%.

Gross Margin 71.99%
Operating Margin 11.58%
Pretax Margin 15.58%
Profit Margin 40.03%
EBITDA Margin 13.05%
EBIT Margin 11.58%
FCF Margin 36.77%

Dividends & Yields

Duolingo does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -1.47%
Shareholder Yield -1.47%
Earnings Yield 4.36%
FCF Yield 4.01%
Dividend Details

Analyst Forecast

The average price target for Duolingo is $331.67, which is 73.28% higher than the current price. The consensus rating is "Buy".

Price Target $331.67
Price Target Difference 73.28%
Analyst Consensus Buy
Analyst Count 17
Revenue Growth Forecast (5Y) 23.83%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value n/a
Lynch Upside n/a
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Duolingo has an Altman Z-Score of 18.13 and a Piotroski F-Score of 3.

Altman Z-Score 18.13
Piotroski F-Score 3