Sunday 8 November 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.

Revenue: +13.7%
EPS: −90.9%
Free cash flow: +15.6%
Total debt: −9.69%

Quarter to September 2026, against a year earlier

160.42 3.40 +2.17%

Follow DUOL

Alert me

Market cap: $7.4B
P/E: 51.4×
Fwd P/E: 58.5×
Dividend yield: —
F-score: 3/9
Altman Z: 8.95
Beneish M: −1.63
Dividend safety: n/a

Overview Business Profile Earnings & Analysis Segments Valuation Filings

	Older periods	Dec '25	Mar '26	Jun '26	Sep '26
P/E ratio Full definition →	+8 more quarters Free account	19.50	10.77	12.95	45.94
P/S ratio Full definition →		7.74	4.20	4.69	5.65
P/FCF ratio Full definition →		22.29	11.38	13.51	16.88
P/Operating CF Full definition →		74.88	30.59	60.85	74.63
P/B ratio Full definition →		5.96	3.31	3.81	4.51
Price to Tangible BV Full definition →		6.26	3.47	3.99	4.72
EV/Sales Full definition →		6.73	3.14	3.62	4.56
EV/EBITDA Full definition →		47.17	20.32	24.17	33.40
EV/Operating CF Full definition →		18.01	7.97	9.62	12.36
EV/FCF Full definition →		19.38	8.52	10.42	13.62
Quick Ratio Full definition →		2.39	2.41	2.51	2.53
Current Ratio Full definition →		2.61	2.62	2.72	2.75
Net Debt/EBITDA Full definition →		(22.33)	(23.96)	(32.42)	(45.84)
Debt/Assets Full definition →		4.71%	4.46%	4.15%	3.89%
Debt/Equity Full definition →		0.07	0.07	0.06	0.06
Asset Turnover Full definition →		0.63	0.63	0.63	0.58
Operating CF/Net income Full definition →		2.56	3.47	2.66	3.29
Capex/Depreciation Full definition →		(3.97)	(0.77)	(2.45)	(3.58)
Research and Development Expense of Revenue Full definition →		28.12%	28.42%	30.89%	34.87%
Selling, General and Administrative Expense of Revenue Full definition →		29.29%	29.32%	30.36%	30.16%
Intangible Assets out of Total Assets Full definition →		0.03	0.03	0.03	0.03
Share Based Compensation of Revenue Full definition →		12.82%	11.87%	12.80%	15.36%
Graham Net Nets Full definition →		0.10	0.18	0.17	0.15
Graham Number Full definition →		77.20	78.25	77.67	46.95
Earnings Yield Full definition →		5.13%	9.28%	7.72%	2.18%
Free Cash Flow Yield Full definition →		4.49%	8.78%	7.40%	5.92%
Revenue per Share Full definition →		6.18	6.24	6.39	6.59
Operating CF per Share Full definition →		2.34	3.22	1.89	1.91
Capex per Share Full definition →		(0.30)	(0.06)	(0.21)	(0.30)
Free Cash Flow per Share Full definition →		2.05	3.16	1.68	1.61
Cash per Share Full definition →		24.92	26.75	28.14	29.31
Shareholders Equity per Share Full definition →		29.43	29.74	30.19	31.60
Interest Debt per Share Full definition →		0.00	0.00	0.00	0.00
Book value per Share Full definition →		29.43	29.74	30.19	31.60
Free Cash Flow Full definition →		93.73	147.79	78.63	75.34
Working Capital Full definition →		885.46	931.85	993.28	1,052.24
Capital Expenditures Full definition →		(13.55)	(2.98)	(9.63)	(14.10)
Net Current Asset Value Full definition →		791.43	839.73	906.90	967.78
EV/EBIT Full definition →		51.53	22.06	26.38	36.86
Capex to Sales Full definition →		0.05	0.01	0.03	0.05
Price to Operating Income Full definition →		59.25	29.47	34.19	45.68
Other line items
Average Receivables Full definition →		152.92	122.18	123.30	138.52
Average Payables Full definition →		7.19	5.02	11.96	8.65
Average Assets Full definition →		1,646.96	1,730.57	1,808.26	2,025.90
Average Common Equity Full definition →		1,085.78	1,142.80	1,193.39	1,394.57

Show all line items

Columns are period end dates · fundamentals updated 6 Nov 2026

Stockrow Weekly