Saturday 17 October 2026
Export DUOL’s income statement to Excel — free account
Duolingo, Inc.
DUOL Technology Software Application
Duolingo, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.0 billion, up 38.7% from fiscal 2024. In the quarter to June 2026, revenue grew 18.3%, EPS fell 27.6%, free cash flow fell 8.91% and total debt fell 8.21%, each against the same quarter a year earlier. Revenue growth for five consecutive years, operating cash flow growth for three; insiders bought in the last twelve months.
141.76
7.17
−4.81%
Follow DUOL
| Dec '17 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|
Piotroski F-Score |
— | — | — | 4 | 5 | 7 | 5 | 3 |
P/E ratio |
— | 0.00 | 0.00 | 0.00 | 0.00 | 549.62 | 162.12 | 19.50 |
Altman Z-Score |
— | — | — | 10.69 | 8.81 | 19.88 | 18.96 | 8.95 |
P/S ratio |
— | 8.51 | 8.51 | 9.92 | 7.58 | 16.73 | 18.86 | 7.74 |
Altman Z″-Score (non-manufacturers) |
— | (1.52) | 0.46 | 7.14 | 5.71 | 5.75 | 5.25 | 6.04 |
P/FCF ratio |
— | 516.64 | 516.64 | 838.89 | 64.31 | 63.45 | 53.35 | 22.29 |
Beneish M-Score |
— | — | (2.55) | (2.38) | (2.89) | (2.53) | (2.01) | (1.63) |
P/Operating CF |
— | (1,973.74) | (1,973.74) | 5,755.73 | 241.18 | 180.62 | 169.24 | 74.88 |
P/B ratio |
— | 0.00 | 0.00 | 4.85 | 5.16 | 13.55 | 17.11 | 5.96 |
Price to Tangible BV |
— | 0.00 | 0.00 | 4.89 | 5.29 | 13.98 | 17.76 | 6.26 |
EV/Sales |
— | 8.00 | 8.00 | 7.82 | 5.99 | 15.36 | 17.76 | 6.73 |
EV/EBITDA |
— | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 182.20 | 47.17 |
EV/Operating CF |
— | 189.79 | 189.79 | 213.92 | 41.28 | 53.11 | 46.52 | 18.01 |
EV/FCF |
— | 485.44 | 485.44 | 661.83 | 50.88 | 58.26 | 50.24 | 19.38 |
Quick Ratio |
— | 2.18 | 2.15 | 4.93 | 3.60 | 3.02 | 2.38 | 2.39 |
Current Ratio |
— | 2.46 | 2.41 | 5.20 | 3.84 | 3.24 | 2.61 | 2.61 |
Net Debt/EBITDA |
— | 3.93 | 8.17 | 9.16 | 9.69 | 117.86 | (11.29) | (7.07) |
Debt/Assets |
0.00% | 9.72% | 4.63% | 4.40% | 3.14% | 2.21% | 4.20% | 4.71% |
Debt/Equity |
— | (0.11) | (0.10) | 0.06 | 0.04 | 0.03 | 0.07 | 0.07 |
Asset Turnover |
— | 1.49 | 1.19 | 0.60 | 0.52 | 0.62 | 0.66 | 0.63 |
Operating CF/Net income |
— | (0.16) | (1.12) | (0.15) | (0.90) | 9.56 | 3.22 | 0.94 |
Capex/Depreciation |
— | (4.19) | (1.78) | (2.28) | (2.08) | (1.91) | (2.05) | (2.18) |
| — | 16.46% | 19.16% | (27.82%) | (11.29%) | 2.68% | 11.97% | 38.14% | |
| — | (28.52%) | (11.65%) | (14.37%) | (8.46%) | 1.89% | 7.85% | 25.14% | |
ROIC |
— | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2,506.21% | 28.21% |
Return on Tangible Assets |
— | (26.32%) | (15.92%) | (11.83%) | (11.27%) | 2.54% | 12.68% | 44.92% |
Average Days of Receivables |
— | 51.61 | 46.16 | 48.27 | 46.16 | 61.15 | 62.92 | 62.23 |
Research and Development Expense of Revenue |
— | 44.60% | 32.79% | 41.41% | 40.72% | 36.59% | 31.46% | 29.52% |
Selling, General and Administrative Expense of Revenue |
— | 44.32% | 48.67% | 54.93% | 50.02% | 39.15% | 32.95% | 29.64% |
Intangible Assets out of Total Assets |
0.00 | 0.02 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.03 |
Share Based Compensation of Revenue |
— | 5.26% | 10.53% | 16.27% | 19.98% | 17.93% | 14.77% | 13.25% |
Graham Net Nets |
— | (0.06) | (0.06) | 0.19 | 0.18 | 0.07 | 0.04 | 0.10 |
Graham Number |
— | 0.00 | 13.29 | 0.00 | 0.00 | 11.78 | 29.20 | 77.20 |
Earnings Yield |
— | (1.58%) | (1.58%) | (2.35%) | (2.11%) | 0.18% | 0.62% | 5.13% |
Free Cash Flow Yield |
— | 0.19% | 0.19% | 0.12% | 1.55% | 1.58% | 1.87% | 4.49% |
Revenue per Share |
— | 5.72 | 12.70 | 10.70 | 9.36 | 12.81 | 17.19 | 22.67 |
Operating CF per Share |
— | 0.17 | 1.39 | 0.39 | 1.36 | 3.71 | 6.56 | 8.47 |
Capex per Share |
— | (0.42) | (0.32) | (0.26) | (0.26) | (0.33) | (0.49) | (0.60) |
Free Cash Flow per Share |
— | (0.25) | 1.08 | 0.13 | 1.10 | 3.38 | 6.08 | 7.87 |
Cash per Share |
— | 4.84 | 9.46 | 23.64 | 15.41 | 18.04 | 20.17 | 24.92 |
Shareholders Equity per Share |
— | (6.79) | (6.34) | 21.89 | 13.73 | 15.81 | 18.95 | 29.43 |
Interest Debt per Share |
— | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
— | (6.79) | (6.34) | 21.89 | 13.73 | 15.81 | 18.95 | 29.43 |
Free Cash Flow |
— | (3.09) | 13.69 | 2.96 | 43.53 | 140.03 | 264.37 | 360.42 |
Working Capital |
— | 46.82 | 92.69 | 500.14 | 515.42 | 620.44 | 679.36 | 885.46 |
Capital Expenditures |
— | (5.25) | (4.01) | (6.21) | (10.12) | (13.58) | (21.14) | (27.40) |
Net Current Asset Value |
— | (100.11) | (98.05) | 471.02 | 491.91 | 599.34 | 624.41 | 791.43 |
EV/EBIT |
— | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 212.19 | 51.53 |
Capex to Sales |
— | 0.07 | 0.02 | 0.02 | 0.03 | 0.03 | 0.03 | 0.03 |
Price to Operating Income |
— | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 225.34 | 59.25 |
| Other line items | ||||||||
Depreciation/Fixed assets |
— | 0.27 | 0.35 | 0.33 | 0.38 | 0.60 | 0.54 | 0.35 |
Cash ROIC |
— | 20.78% | 28.57% | 0.27% | 3.71% | 9.83% | 15.05% | 13.96% |
Accounts Receivable Turnover |
— | 2.78 | 10.62 | 9.35 | 9.25 | 7.83 | 6.87 | 6.79 |
Accounts Payable Turnover |
— | 6.90 | 15.31 | 13.82 | 22.11 | 78.42 | 46.14 | 40.08 |
Inventory Turnover |
— | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Days of Payables |
— | 67.08 | 17.43 | 41.24 | 4.32 | 6.29 | 11.44 | 10.13 |
Days of Inventory on Hand |
— | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Receivables |
— | 25.49 | 15.23 | 26.81 | 39.95 | 67.85 | 108.96 | 152.92 |
Average Payables |
— | 3.00 | 3.00 | 5.01 | 4.50 | 1.81 | 4.41 | 7.19 |
Average Assets |
— | 47.53 | 135.40 | 418.53 | 704.33 | 850.65 | 1,127.84 | 1,646.96 |
Average Common Equity |
— | (82.33) | (82.33) | 216.18 | 527.57 | 598.79 | 740.03 | 1,085.78 |
Columns are period end dates