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%
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) Return on equity

Alert me on Return on equity

Duolingo, Inc.'s return on equity over the twelve months to 30 September 2026 was 10.5%, down 27.7 percentage points from fiscal 2025 (38.1%). Over the past ten years it has ranged from −27.8% (fiscal 2021) to 38.1% (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 0.00%.

Return on equity, annual

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Annual newest first

Period Return on equity Change (points)
FY2025 38.1% 26.17
FY2024 12.0% 9.29
FY2023 2.68% 13.97
FY2022 −11.3% 16.53
FY2021 −27.8% (46.98)
FY2020 19.2% 2.70
FY2019 16.5% —

Against its own ten years

Low −27.8% High 38.1%
Ten-year median 12.0%
Current reading's percentile 100

Return on equity against peers

Company Return on equity
LYFT Lyft, Inc. compare 152.6%
YOU CLEAR Secure, Inc. compare 116.6%
CVLT CommVault Systems, Inc. compare 74.2%
APPF AppFolio, Inc. compare 31.4%
IDCC InterDigital, Inc. compare 26.8%
YMM Full Truck Alliance Co. Ltd. Sponsored ADR compare 10.8%
DUOL Duolingo, Inc. 10.5%
TTAN ServiceTitan Inc. compare −8.34%
NAVN Navan, Inc. compare −540.2%
Software Application industry median 0.00%
Technology sector median 0.00%
Market median 0.51%

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)

The full definition of Return on equity →

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