Duolingo DUOL
NASDAQ DUOL
$154.46 -4.36 (-2.75%)
At close: Sep 4, 2026 · 4:00 PM EDT

Duolingo (DUOL) Accumulated Expenses (2020 - 2026)

Duolingo (DUOL) posted Accumulated Expenses of $55.4 million for Q2 2026, up 11.85% on a QoQ basis from $49.6 million in Q1 2026, and up 70.8% year-over-year from $32.5 million in Q2 2025.

Analysis

Duolingo (DUOL) Accumulated Expenses (2020 - 2026) Analysis & Trends

Duolingo has reported Accumulated Expenses for 7 years, with the latest figure at $55.4 million in Q2 2026.

  • On a quarterly basis, Accumulated Expenses rose 70.8% year-over-year to $55.4 million in Q2 2026; TTM through Jun 2026 was $55.4 million, a 70.8% increase from a year earlier, with the FY2025 full-year figure at $45.7 million, up 25.6% from the prior year.
  • Accumulated Expenses was $55.4 million for Q2 2026 at Duolingo, up from $49.6 million in the prior quarter.
  • The five-year high for Accumulated Expenses was $55.4 million in Q2 2026, with the low at $14.5 million in Q1 2022.
  • Average Accumulated Expenses over 5 years is $29.0 million, with a median of $24.1 million recorded in 2023.
  • The sharpest annual moves came in 2022 and 2024: Accumulated Expenses jumped 81.74% in 2022, then increased 3.72% in 2024.
  • Over 5 years, Accumulated Expenses stood at $22.0 million in 2022, then increased by 13.48% to $24.9 million in 2023, then soared by 45.9% to $36.4 million in 2024, then advanced by 25.6% to $45.7 million in 2025, then climbed by 21.32% to $55.4 million in 2026.
  • The last three Accumulated Expenses figures came in at $55.4 million (Q2 2026), $49.6 million (Q1 2026), and $45.7 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Duolingo 14.45 Bn 13.13 Bn 216.74 Mn
2 Youdao 3.62 Bn 3.50 Bn 105.66 Mn
3 Coursera 1.59 Bn 604.41 Mn 173.40 Mn
4 Docebo 712.07 Mn 666.36 Mn 54.53 Mn
5 51Talk Online Education 344.94 Mn 309.51 Mn 22.97 Mn
6 iHuman 124.70 Mn -34.09 Mn 17.68 Mn
7 Nerdy 119.95 Mn 90.19 Mn 27.98 Mn
8 Chegg 94.28 Mn 21.96 Mn 28.28 Mn
9 Skillsoft 60.79 Mn -57.58 Mn 78.61 Mn
10 Sunlands Technology 39.07 Mn 38.85 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 55.43 Mn
Mar 31, 2026 49.56 Mn
Dec 31, 2025 45.69 Mn
Sep 30, 2025 39.23 Mn
Jun 30, 2025 32.45 Mn
Mar 31, 2025 30.54 Mn
Dec 31, 2024 36.38 Mn
Sep 30, 2024 27.85 Mn
Jun 30, 2024 22.80 Mn
Mar 31, 2024 21.42 Mn
Dec 31, 2023 24.93 Mn
Sep 30, 2023 23.28 Mn
Jun 30, 2023 21.99 Mn
Mar 31, 2023 18.96 Mn
Dec 31, 2022 21.97 Mn
Sep 30, 2022 17.18 Mn
Jun 30, 2022 17.54 Mn
Mar 31, 2022 14.52 Mn
Dec 31, 2021 12.93 Mn
Sep 30, 2021 9.45 Mn