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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) EV/FCF

Alert me on EV/FCF

As of 5 November 2026, Duolingo, Inc. (DUOL) trades at a EV/FCF of 15.1×. Over the past ten years it has ranged from 7.5× (April 2026) to 837× (October 2021); the current reading is higher than 14% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2025 19.4× (61.42%)
FY2024 50.2× (13.77%)
FY2023 58.3× 14.51%
FY2022 50.9× (92.31%)
FY2021 662× 31.39%
FY2020 504× 0.00%
FY2019 504× —

Quarterly newest first

Period EV/FCF Change
Sep 2026 13.4× 28.17%
Jun 2026 10.4× 22.32%
Mar 2026 8.5× (56.04%)
Dec 2025 19.4× (51.03%)
23 more quarters

Against its own ten years

Low 7.5× High 837×
Ten-year median 60.3×
Current reading's percentile 14

EV/FCF against peers

Company EV/FCF
YMM Full Truck Alliance Co. Ltd. Sponsored ADR compare 3.8×
LYFT Lyft, Inc. compare 5.1×
YOU CLEAR Secure, Inc. compare 11.0×
DUOL Duolingo, Inc. 15.1×
CVLT CommVault Systems, Inc. compare 25.5×
APPF AppFolio, Inc. compare 30.6×
IDCC InterDigital, Inc. compare 52.1×
TTAN ServiceTitan Inc. compare 65.8×
NAVN Navan, Inc. compare 203×

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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