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

Duolingo, Inc. (DUOL) P/E ratio

Alert me on P/E ratio

As of 5 November 2026, Duolingo, Inc. (DUOL) trades at a P/E ratio of 50.7×. Over the past ten years it has ranged from 0.0× (December 2023) to 613× (February 2024); the current reading is higher than 67% of that period. That is above the Software Application industry median of 25.9× and above the Technology sector median of 25.7×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 19.5× (87.97%)
FY2024 162× (70.50%)
FY2023 550× —
FY2022 0.0× —
FY2021 0.0× —
FY2020 0.0× —
FY2019 0.0× —

Quarterly newest first

Period P/E ratio Change
Sep 2026 45.9× 254.64%
Jun 2026 13.0× 20.24%
Mar 2026 10.8× (44.76%)
Dec 2025 19.5× (48.92%)
23 more quarters

Against its own ten years

Low 0.0× High 613×
Ten-year median 11.7×
Current reading's percentile 67

P/E ratio against peers

Company P/E ratio
TTAN ServiceTitan Inc. compare n/m
NAVN Navan, Inc. compare n/m
LYFT Lyft, Inc. compare 2.6×
YMM Full Truck Alliance Co. Ltd. Sponsored ADR compare 15.2×
IDCC InterDigital, Inc. compare 23.5×
YOU CLEAR Secure, Inc. compare 28.9×
APPF AppFolio, Inc. compare 48.8×
DUOL Duolingo, Inc. 50.7×
CVLT CommVault Systems, Inc. compare 81.0×
Software Application industry median 25.9×
Technology sector median 25.7×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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