Duolingo, Inc. (DUOL)
NASDAQ: DUOL · Real-Time Price · USD
100.05
-4.31 (-4.13%)
At close: Mar 18, 2026, 4:00 PM EDT
99.93
-0.12 (-0.12%)
After-hours: Mar 18, 2026, 7:59 PM EDT

Duolingo Statistics

Total Valuation

Duolingo has a market cap or net worth of $4.70 billion. The enterprise value is $3.66 billion.

Market Cap4.70B
Enterprise Value 3.66B

Important Dates

The next estimated earnings date is Thursday, April 30, 2026, after market close.

Earnings Date Apr 30, 2026
Ex-Dividend Date n/a

Share Statistics

Duolingo has 46.95 million shares outstanding. The number of shares has increased by 2.56% in one year.

Current Share Class 40.59M
Shares Outstanding 46.95M
Shares Change (YoY) +2.56%
Shares Change (QoQ) -4.50%
Owned by Insiders (%) 14.30%
Owned by Institutions (%) 81.46%
Float 40.21M

Valuation Ratios

The trailing PE ratio is 11.67 and the forward PE ratio is 34.55.

PE Ratio 11.67
Forward PE 34.55
PS Ratio 4.53
Forward PS 3.70
PB Ratio 3.46
P/TBV Ratio 3.66
P/FCF Ratio 12.70
P/OCF Ratio 12.11
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 23.50, with an EV/FCF ratio of 9.89.

EV / Earnings 8.83
EV / Sales 3.53
EV / EBITDA 23.50
EV / EBIT 25.90
EV / FCF 9.89

Financial Position

The company has a current ratio of 2.61, with a Debt / Equity ratio of 0.07.

Current Ratio 2.61
Quick Ratio 2.39
Debt / Equity 0.07
Debt / EBITDA 0.60
Debt / FCF 0.27
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 38.14% and return on invested capital (ROIC) is 47.80%.

Return on Equity (ROE) 38.14%
Return on Assets (ROA) 5.36%
Return on Invested Capital (ROIC) 47.80%
Return on Capital Employed (ROCE) 9.80%
Weighted Average Cost of Capital (WACC) 8.96%
Revenue Per Employee $1.15M
Profits Per Employee $460,072
Employee Count900
Asset Turnover 0.63
Inventory Turnover n/a

Taxes

Income Tax -231.66M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -65.99% in the last 52 weeks. The beta is 0.89, so Duolingo's price volatility has been lower than the market average.

Beta (5Y) 0.89
52-Week Price Change -65.99%
50-Day Moving Average 125.60
200-Day Moving Average 262.65
Relative Strength Index (RSI) 40.56
Average Volume (20 Days) 3,564,638

Short Selling Information

The latest short interest is 8.60 million, so 18.32% of the outstanding shares have been sold short.

Short Interest 8.60M
Short Previous Month 8.73M
Short % of Shares Out 18.32%
Short % of Float 21.39%
Short Ratio (days to cover) 2.46

Income Statement

In the last 12 months, Duolingo had revenue of $1.04 billion and earned $414.07 million in profits. Earnings per share was $8.57.

Revenue1.04B
Gross Profit 749.46M
Operating Income 141.24M
Pretax Income 182.41M
Net Income 414.07M
EBITDA 155.63M
EBIT 141.24M
Earnings Per Share (EPS) $8.57
Full Income Statement

Balance Sheet

The company has $1.14 billion in cash and $100.98 million in debt, with a net cash position of $1.04 billion or $22.14 per share.

Cash & Cash Equivalents 1.14B
Total Debt 100.98M
Net Cash 1.04B
Net Cash Per Share $22.14
Equity (Book Value) 1.35B
Book Value Per Share 28.89
Working Capital 885.46M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $387.82 million and capital expenditures -$18.10 million, giving a free cash flow of $369.73 million.

Operating Cash Flow 387.82M
Capital Expenditures -18.10M
Free Cash Flow 369.73M
FCF Per Share $7.87
Full Cash Flow Statement

Margins

Gross margin is 72.23%, with operating and profit margins of 13.61% and 39.91%.

Gross Margin 72.23%
Operating Margin 13.61%
Pretax Margin 17.58%
Profit Margin 39.91%
EBITDA Margin 15.00%
EBIT Margin 13.61%
FCF Margin 35.63%

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 -2.56%
Shareholder Yield -2.56%
Earnings Yield 8.81%
FCF Yield 7.87%

Analyst Forecast

The average price target for Duolingo is $176.88, which is 76.79% higher than the current price. The consensus rating is "Buy".

Price Target $176.88
Price Target Difference 76.79%
Analyst Consensus Buy
Analyst Count 18
Revenue Growth Forecast (5Y) n/a
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 15.69 and a Piotroski F-Score of 3.

Altman Z-Score 15.69
Piotroski F-Score 3