Duolingo, Inc. (DUOL) Stock Analysis

Company Overview

The market values Duolingo, Inc. (DUOL) at $6.40B. The company sits in the Technology sector, in the Software - Application industry. Headcount on file is 900.

DUOL last closed at $137.32 on October 21, 2026. That is −$2.26 (−1.62%) against the previous close. The 52-week range on file runs from $87.89 to $322.09. The latest close sits 56.24% 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 35.1 percentage points above the Software - Application median of 0.82%. Earnings per share on a trailing basis come to 8.42.

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 16.31. That is 45.25% below the Software - Application median of 29.79. On forward earnings the ratio is 17.98. Measured against sales, the shares trade at 5.59 times revenue. On price-to-sales that is 97.72% above the Software - Application median of 2.83. 240 Software - Application companies report these metrics, and the medians quoted come from that group.

Over the trailing twelve months the total return is −56.76%. Across 5 years the annualized return works out at −5.07%. Beta against the wider market is reported at 1.05. Annualized volatility over the trailing 5 years is 64.94%.

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 total return is −21.75%.