Duolingo Statistics

Total Valuation

Duolingo has a market cap or net worth of $5.66 billion. The enterprise value is $4.50 billion.

Market Cap	5.66B
Enterprise Value	4.50B

Important Dates

The next estimated earnings date is Wednesday, August 5, 2026, after market close.

Earnings Date	Aug 5, 2026
Ex-Dividend Date	n/a

Share Statistics

Duolingo has 46.59 million shares outstanding. The number of shares has increased by 2.20% in one year.

Current Share Class	40.24M
Shares Outstanding	46.59M
Shares Change (YoY)	+2.20%
Shares Change (QoQ)	+4.37%
Owned by Insiders (%)	14.58%
Owned by Institutions (%)	85.36%
Float	39.77M

Valuation Ratios

The trailing PE ratio is 13.92 and the forward PE ratio is 46.38.

PE Ratio	13.92
Forward PE	46.38
PS Ratio	5.15
Forward PS	4.57
PB Ratio	4.09
P/TBV Ratio	4.26
P/FCF Ratio	13.61
P/OCF Ratio	13.07
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 25.37, with an EV/FCF ratio of 10.82.

EV / Earnings	10.66
EV / Sales	4.10
EV / EBITDA	25.37
EV / EBIT	27.71
EV / FCF	10.82

Financial Position

The company has a current ratio of 2.62, with a Debt / Equity ratio of 0.07.

Current Ratio	2.62
Quick Ratio	2.41
Debt / Equity	0.07
Debt / EBITDA	0.48
Debt / FCF	0.22
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 36.96% and return on invested capital (ROIC) is 60.20%.

Return on Equity (ROE)	36.96%
Return on Assets (ROA)	5.87%
Return on Invested Capital (ROIC)	60.20%
Return on Capital Employed (ROCE)	10.95%
Weighted Average Cost of Capital (WACC)	8.98%
Revenue Per Employee	$1.22M
Profits Per Employee	$469,322
Employee Count	900
Asset Turnover	0.63
Inventory Turnover	n/a

Taxes

Income Tax	-219.44M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -69.45% in the last 52 weeks. The beta is 0.89, so Duolingo's price volatility has been lower than the market average.

Beta (5Y)	0.89
52-Week Price Change	-69.45%
50-Day Moving Average	112.24
200-Day Moving Average	168.44
Relative Strength Index (RSI)	52.97
Average Volume (20 Days)	1,648,616

Short Selling Information

The latest short interest is 7.91 million, so 16.98% of the outstanding shares have been sold short.

Short Interest	7.91M
Short Previous Month	7.62M
Short % of Shares Out	16.98%
Short % of Float	19.90%
Short Ratio (days to cover)	4.05

Income Statement

In the last 12 months, Duolingo had revenue of $1.10 billion and earned $422.39 million in profits. Earnings per share was $8.73.

Revenue	1.10B
Gross Profit	798.46M
Operating Income	162.41M
Pretax Income	202.95M
Net Income	422.39M
EBITDA	177.41M
EBIT	162.41M
Earnings Per Share (EPS)	$8.73

Full Income Statement

Balance Sheet

The company has $1.25 billion in cash and $91.87 million in debt, giving a net cash position of $1.16 billion or $24.89 per share.

Cash & Cash Equivalents	1.25B
Total Debt	91.87M
Net Cash	1.16B
Net Cash Per Share	$24.89
Equity (Book Value)	1.39B
Book Value Per Share	29.71
Working Capital	931.85M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $432.96 million and capital expenditures -$16.92 million, giving a free cash flow of $416.04 million.

Operating Cash Flow	432.96M
Capital Expenditures	-16.92M
Depreciation & Amortization	14.99M
Net Borrowing	n/a
Free Cash Flow	416.04M
FCF Per Share	$8.93

Full Cash Flow Statement

Margins

Gross margin is 72.67%, with operating and profit margins of 14.78% and 38.44%.

Gross Margin	72.67%
Operating Margin	14.78%
Pretax Margin	18.47%
Profit Margin	38.44%
EBITDA Margin	16.15%
EBIT Margin	14.78%
FCF Margin	37.86%

Dividends & Yields

Duolingo does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-2.20%
Shareholder Yield	-2.20%
Earnings Yield	7.46%
FCF Yield	7.35%

Analyst Forecast

The average price target for Duolingo is $106.31, which is -12.49% lower than the current price. The consensus rating is "Hold".

Price Target	$106.31
Price Target Difference	-12.49%
Analyst Consensus	Hold
Analyst Count	23
Revenue Growth Forecast (3Y)	14.12%
EPS Growth Forecast (3Y)	-9.27%

Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Duolingo has an Altman Z-Score of 13.25 and a Piotroski F-Score of 5.

Altman Z-Score	13.25
Piotroski F-Score	5