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
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Duolingo, Inc. (DUOL) Operating margin
Duolingo, Inc.'s operating margin over the twelve months to 30 September 2026 was 12.4%, down 0.7 percentage points from fiscal 2025 (13.1%). Over the past ten years it has ranged from −23.9% (fiscal 2021) to 13.1% (fiscal 2025) — the current reading is the highest in ten years. That is above the Software Application industry median of 0.00% and above the Technology sector median of 0.02%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 13.1% | 4.70 |
| FY2024 | 8.37% | 10.87 |
| FY2023 | −2.50% | 15.14 |
| FY2022 | −17.6% | 6.29 |
| FY2021 | −23.9% | (14.03) |
| FY2020 | −9.90% | 10.06 |
| FY2019 | −20.0% | — |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 7.83% | (3.54) |
| Jun 2026 | 11.4% | (3.88) |
| Mar 2026 | 15.3% | (0.11) |
| Dec 2025 | 15.4% | 2.42 |
| 23 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| IDCC InterDigital, Inc. compare | 45.1% |
| YMM Full Truck Alliance Co. Ltd. Sponsored ADR compare | 33.8% |
| YOU CLEAR Secure, Inc. compare | 26.5% |
| APPF AppFolio, Inc. compare | 18.8% |
| DUOL Duolingo, Inc. | 12.4% |
| CVLT CommVault Systems, Inc. compare | 7.39% |
| LYFT Lyft, Inc. compare | −1.77% |
| TTAN ServiceTitan Inc. compare | −13.0% |
| NAVN Navan, Inc. compare | −25.7% |
| Software Application industry median | 0.00% |
| Technology sector median | 0.02% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on DUOL
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement