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%

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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 Segments Valuation Filings

Duolingo, Inc. (DUOL) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, Duolingo, Inc. (DUOL) trades at a price to free cash flow of 18.3×. Over the past ten years it has ranged from 10.4× (April 2026) to 928× (October 2021); the current reading is higher than 14% of that period. That is above the Software Application industry median of 17.2× and in line with the Technology sector median of 18.7×.

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<iframe src="https://stockrow.com/embed/DUOL/price-to-free-cash-flow" width="100%" height="360" style="border:0" loading="lazy" title="Duolingo, Inc. price to free cash flow, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/DUOL/metrics/price-to-free-cash-flow">Duolingo, Inc. (DUOL) price to free cash flow — stockrow.com</a></p>

Period	Price to free cash flow	Change
FY2025	22.3×	(58.23%)
FY2024	53.4×	(15.91%)
FY2023	63.5×	(1.34%)
FY2022	64.3×	(92.33%)
FY2021	839×	56.82%
FY2020	535×	0.00%
FY2019	535×	—

Period	Price to free cash flow	Change
Sep 2026	16.6×	22.57%
Jun 2026	13.5×	18.70%
Mar 2026	11.4×	(48.93%)
Dec 2025	22.3×	(47.61%)
23 more quarters	Free account

Against its own ten years

Low 10.4× High 928×

Ten-year median 65.4×

Current reading's percentile 14

Company	Price to free cash flow
LYFT Lyft, Inc. compare	5.8×
YMM Full Truck Alliance Co. Ltd. Sponsored ADR compare	6.0×
YOU CLEAR Secure, Inc. compare	12.4×
DUOL Duolingo, Inc.	18.3×
CVLT CommVault Systems, Inc. compare	25.5×
APPF AppFolio, Inc. compare	31.4×
IDCC InterDigital, Inc. compare	58.6×
TTAN ServiceTitan Inc. compare	69.1×
NAVN Navan, Inc. compare	231×
Software Application industry median	17.2×
Technology sector median	18.7×
Market median	14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

Duolingo, Inc. (DUOL) Price to free cash flow

Price to free cash flow, daily

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Against its own ten years

Price to free cash flow against peers

What Price to free cash flow is

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Price to free cash flow, daily

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Against its own ten years

Price to free cash flow against peers

What Price to free cash flow is

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