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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |