Duolingo (DUOL) Common Equity (2020 - 2026)
Duolingo's (DUOL) quarterly Common Equity came in at $1.4 billion in Q1 2026, up 55.71% year-on-year from $893.8 million in Q1 2025, and up 3.32% quarter-over-quarter from $1.3 billion in Q4 2025.
Duolingo (DUOL) Common Equity (2020 - 2026) Analysis & Trends
Duolingo's Common Equity history runs 7 years deep, the most recent figure standing at $1.4 billion for Q1 2026.
- On a quarterly basis, Common Equity rose 55.71% year-over-year to $1.4 billion in Q1 2026; TTM through Mar 2026 was $1.4 billion, a 55.71% increase from a year earlier, with the FY2025 full-year figure at $1.3 billion, up 63.36% from the prior year.
- Common Equity rose to $1.4 billion in Q1 2026 per DUOL's latest filing, from $1.3 billion in the prior quarter.
- Across five years, Common Equity topped out at $1.4 billion in Q1 2026 and bottomed at $520.7 million in Q1 2022.
- The 5-year median for Common Equity is $711.1 million (2024), against an average of $799.9 million.
- Biggest YoY gain for Common Equity was 663.27% in 2022; the steepest drop was 4.52% in 2022.
- Year by year, Common Equity stood at $542.1 million in 2022, then rose by 20.92% to $655.5 million in 2023, then climbed by 25.79% to $824.6 million in 2024, then soared by 63.36% to $1.3 billion in 2025, then gained by 3.32% to $1.4 billion in 2026.
- Per Business Quant, the three latest DUOL Common Equity figures stand at $1.4 billion (Q1 2026), $1.3 billion (Q4 2025), and $1.3 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 53.11 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | 5.85 Bn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 12.50 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 24.75 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 34.24 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 12.52 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 6.35 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 1.94 Bn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 6.56 Bn |
| 10 | Duolingo | 22.93 Mn | -1.23 Bn | 213.10 Mn | 1.39 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.39 Bn |
| Dec 31, 2025 | 1.35 Bn |
| Sep 30, 2025 | 1.31 Bn |
| Jun 30, 2025 | 977.03 Mn |
| Mar 31, 2025 | 893.83 Mn |
| Dec 31, 2024 | 824.55 Mn |
| Sep 30, 2024 | 822.45 Mn |
| Jun 30, 2024 | 766.94 Mn |
| Mar 31, 2024 | 711.05 Mn |
| Dec 31, 2023 | 655.50 Mn |
| Sep 30, 2023 | 614.82 Mn |
| Jun 30, 2023 | 596.41 Mn |
| Mar 31, 2023 | 565.19 Mn |
| Dec 31, 2022 | 542.08 Mn |
| Sep 30, 2022 | 533.83 Mn |
| Jun 30, 2022 | 528.22 Mn |
| Mar 31, 2022 | 520.71 Mn |
| Dec 31, 2021 | 513.06 Mn |
| Sep 30, 2021 | 510.73 Mn |
| Jun 30, 2021 | -93.78 Mn |