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) P/S ratio

Alert me on P/S ratio

As of 5 November 2026, Duolingo, Inc. (DUOL) trades at a P/S ratio of 6.2×. Over the past ten years it has ranged from 3.8× (April 2026) to 30.1× (May 2025); the current reading is higher than 14% of that period. That is above the Software Application industry median of 3.0× and above the Technology sector median of 2.6×.

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

Period	P/S ratio	Change
FY2025	7.7×	(58.94%)
FY2024	18.9×	12.72%
FY2023	16.7×	120.80%
FY2022	7.6×	(23.58%)
FY2021	9.9×	12.49%
FY2020	8.8×	0.00%
FY2019	8.8×	—

Period	P/S ratio	Change
Sep 2026	5.6×	20.26%
Jun 2026	4.7×	11.75%
Mar 2026	4.2×	(45.78%)
Dec 2025	7.7×	(49.52%)
23 more quarters	Free account

Against its own ten years

Low 3.8× High 30.1×

Ten-year median 13.3×

Current reading's percentile 14

Company	P/S ratio
LYFT Lyft, Inc. compare	1.0×
YMM Full Truck Alliance Co. Ltd. Sponsored ADR compare	5.0×
CVLT CommVault Systems, Inc. compare	5.2×
YOU CLEAR Secure, Inc. compare	5.3×
DUOL Duolingo, Inc.	6.2×
TTAN ServiceTitan Inc. compare	7.4×
APPF AppFolio, Inc. compare	7.6×
NAVN Navan, Inc. compare	7.9×
IDCC InterDigital, Inc. compare	9.1×
Software Application industry median	3.0×
Technology sector median	2.6×
Market median	1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

Duolingo, Inc. (DUOL) P/S ratio

P/S ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/S ratio against peers

What P/S ratio is

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P/S ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/S ratio against peers

What P/S ratio is

More on DUOL

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