DUOL
Duolingo, Inc.
Next earnings Aug 4, 2026 (after close) · consensus $0.59 EPS, $302M rev
Last earnings -0.9% on 2026-05-04
$121.49
▲ +1.29%$121.49▼ -72.91%
over 1Y
L $90.03EODHDH $448.54
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+1.3%
1W-4.5%
1M+12.7%
3M+27.4%
YTD-31.2%
1Y-72.9%
Buy
Conviction
Horizon
Long (>12mo)
Street · 31 analysts
Hold
Premier consumer-software compounder — revenue +38.7%, 72% gross margin, net cash and now profitable on a GAAP basis.
Revenue $1.04B · FY2025
The read
Quality fundamentals and an attractive price line up (~168% below fair value) — the rarer case where both the business and the entry look good.
Duolingo is a rare combination of hyper-growth and genuine profitability. FY2025 revenue grew 38.7% to $1.04B with a 72.2% gross margin, operating income more than doubled (+116.6%) to $136M, and the company generated $388M of operating cash flow on negligible capex ($18.1M) — a textbook scalable consumer-software model. Revenue has compounded from $251M in FY2021, and the business turned the corner from losses to durable profits, with a 30.7% ROE.
Financials · annual, by fiscal year
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $251M | $369M | $531M | $748M | $1.04B |
| Gross profit | $182M | $270M | $389M | $544M | $749M |
| Operating income | -$60.0M | -$65.2M | -$13.3M | $62.6M | $136M |
| Net income | -$60.1M | -$59.6M | $16.1M | $88.6M | $414M |
| Diluted EPS | -$2.57 | -$1.51 | $0.35 | $1.88 | $8.57 |
| Net margin | -24.0% | -16.1% | 3.0% | 11.8% | 39.9% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value—
EV / EBITDA—
EV / Sales—
EV / FCF—
P / FCF—
PEG (trailing)0.04
Earnings yield—
FCF yield—
Quality & risk
ROIC (est.)8.0%
Free cash flow$370M
Total debt—
Net cash$1.04B
Piotroski F-Score3/7
Capital returns
Buyback yield—
Dividend yield (est.)—
Shareholder yield—
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsSome governance/structural items recently, but no outright red flags.
Recent filings
all on EDGAR ↗4Period ending 2026-06-172026-06-18open ↗8-KPeriod ending 2026-06-032026-06-05open ↗4Period ending 2026-06-032026-06-05open ↗4Period ending 2026-06-032026-06-05open ↗4Period ending 2026-06-032026-06-05open ↗4Period ending 2026-06-032026-06-05open ↗4Period ending 2026-06-032026-06-05open ↗4Period ending 2026-06-032026-06-05open ↗4Period ending 2026-06-032026-06-05open ↗4Period ending 2026-05-272026-05-29open ↗4Period ending 2026-05-272026-05-29open ↗4Period ending 2026-05-152026-05-19open ↗
Frequently asked
- Is Duolingo, Inc. (DUOL) a buy?
- DUOL currently carries a Buy rating with 4/5 conviction, derived from its latest SEC filings. Premier consumer-software compounder — revenue +38.7%, 72% gross margin, net cash and now profitable on a GAAP basis.
- What is DUOL's fair value?
- A Modified-Graham model based on DUOL's SEC fundamentals estimates a fair value of about $325.66. It is an estimate from reported earnings, not a price target.
- Is DUOL overvalued or undervalued?
- Against a Modified-Graham fair-value estimate, DUOL currently appears undervalued relative to its SEC-grounded earnings power.
- What is Duolingo, Inc.'s quality score?
- DUOL scores 88.54901960784312/100 (grade A) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0001562088, latest 10-Q filed 2026-05-05) · EODHD · analysis by claude-code · as of 6/21/2026, 8:57:26 PM.
Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.