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Friday 6 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

157.17 4.10 −2.54%
Market cap
$7.4B
P/E
50.7×
Fwd P/E
48.1×
Dividend yield
—
F-score
3/9
Altman Z
8.95
Beneish M
−1.63
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Duolingo, Inc. (DUOL) Current ratio

Alert me on Current ratio

Duolingo, Inc.'s current ratio at the end of the quarter to 30 September 2026 was 2.8×, up 0.1× from fiscal 2025 (2.6×). Over the past ten years it has ranged from 2.4× (fiscal 2020) to 5.2× (fiscal 2021); the current reading is higher than 43% of that period. That is above the Software Application industry median of 1.5× and above the Technology sector median of 1.9×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 2.6× (0.09%)
FY2024 2.6× (19.40%)
FY2023 3.2× (15.61%)
FY2022 3.8× (26.21%)
FY2021 5.2× 115.60%
FY2020 2.4× (1.92%)
FY2019 2.5× —

Quarterly newest first

Period Current ratio Change
Sep 2026 2.8× 1.27%
Jun 2026 2.7× 3.66%
Mar 2026 2.6× 0.63%
Dec 2025 2.6× (7.61%)
21 more quarters

Against its own ten years

Low 2.4× High 5.2×
Ten-year median 2.6×
Current reading's percentile 43

Current ratio against peers

Company Current ratio
YMM Full Truck Alliance Co. Ltd. Sponsored ADR compare 8.0×
TTAN ServiceTitan Inc. compare 4.5×
NAVN Navan, Inc. compare 4.4×
APPF AppFolio, Inc. compare 4.0×
DUOL Duolingo, Inc. 2.8×
CVLT CommVault Systems, Inc. compare 1.9×
IDCC InterDigital, Inc. compare 1.9×
YOU CLEAR Secure, Inc. compare 1.0×
LYFT Lyft, Inc. compare 0.6×
Software Application industry median 1.5×
Technology sector median 1.9×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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