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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

157.87 0.85 +0.54%
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/Sales

Alert me on EV/Sales

As of 5 November 2026, Duolingo, Inc. (DUOL) trades at a EV/Sales of 5.1×. Over the past ten years it has ranged from 2.8× (April 2026) to 28.9× (May 2025); the current reading is higher than 15% of that period. That is above the Software Application industry median of 2.9× and above the Technology sector median of 2.6×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 6.7× (62.08%)
FY2024 17.8× 15.59%
FY2023 15.4× 156.26%
FY2022 6.0× (23.37%)
FY2021 7.8× (5.75%)
FY2020 8.3× 0.00%
FY2019 8.3× —

Quarterly newest first

Period EV/Sales Change
Sep 2026 4.6× 25.75%
Jun 2026 3.6× 15.15%
Mar 2026 3.1× (53.33%)
Dec 2025 6.7× (52.81%)
23 more quarters

Against its own ten years

Low 2.8× High 28.9×
Ten-year median 11.7×
Current reading's percentile 15

EV/Sales against peers

Company EV/Sales
LYFT Lyft, Inc. compare 0.9×
YMM Full Truck Alliance Co. Ltd. Sponsored ADR compare 3.2×
YOU CLEAR Secure, Inc. compare 4.7×
DUOL Duolingo, Inc. 5.1×
CVLT CommVault Systems, Inc. compare 5.2×
NAVN Navan, Inc. compare 7.0×
TTAN ServiceTitan Inc. compare 7.0×
APPF AppFolio, Inc. compare 7.4×
IDCC InterDigital, Inc. compare 8.1×
Software Application industry median 2.9×
Technology sector median 2.6×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((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)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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