Duolingo, Inc. (DUOL) Stock Analysis

Company Overview

The market values Duolingo, Inc. (DUOL) at $7.20B. The company sits in the Technology sector, in the Software - Application industry. Headcount on file is 900.

DUOL last closed at $154.46 on September 4, 2026. That is −$4.36 (−2.75%) against the previous close. The 52-week range on file runs from $87.89 to $353.00. The latest close sits 75.74% above that 52-week low.

Financial Health

In fiscal 2025, Duolingo, Inc. reported revenue of $1.04B. Against the prior fiscal year total of $748.02M, that is a change of +38.71%. Net income for the same year was $414.07M. That is +367.48% against the prior fiscal year. The reported profit margin is 35.88%. That is 35.9 percentage points above the Software - Application median of 0%. Earnings per share on a trailing basis come to 8.47.

Across the 4 fiscal years on file, revenue moves from $369.50M in 2022 to $1.04B in 2025. Of those 4 years, 3 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 18.24. That is 32.94% below the Software - Application median of 27.2. On forward earnings the ratio is 20.22. Measured against sales, the shares trade at 6.29 times revenue. On price-to-sales that is 123.12% above the Software - Application median of 2.82. 258 Software - Application companies report these metrics, and the medians quoted come from that group.

Over the trailing twelve months the price has returned −43.36%. Across 5 years the annualized return works out at −1.08%. Beta against the wider market is reported at 0.89. Annualized volatility over the trailing 5 years is 66.17%.

Growth & Income

The record shows no dividend for DUOL.

Across the complete calendar years on file, 2023 returned +218.92% and 2025 returned −45.87%. Of the 4 complete calendar years on file, 2 finished higher. So far in 2026 the price is −11.99%.