Duolingo (DUOL) Common Equity (2020 - 2026)
Duolingo (DUOL) posted Common Equity of $1.4 billion for Q2 2026, up 1.29% on a QoQ basis from $1.4 billion in Q1 2026, and up 44.29% year-over-year from $977.0 million in Q2 2025.
Analysis
Duolingo (DUOL) Common Equity (2020 - 2026) Analysis & Trends
Duolingo has reported Common Equity for 7 years, with the latest figure at $1.4 billion in Q2 2026.
- On a quarterly basis, Common Equity rose 44.29% year-over-year to $1.4 billion in Q2 2026; TTM through Jun 2026 was $1.4 billion, a 44.29% increase from a year earlier, with the FY2025 full-year figure at $1.3 billion, up 63.36% from the prior year.
- Common Equity was $1.4 billion for Q2 2026 at Duolingo, up from $1.4 billion in the prior quarter.
- The five-year high for Common Equity was $1.4 billion in Q2 2026, with the low at $520.7 million in Q1 2022.
- Average Common Equity over 5 years is $833.8 million, with a median of $739.0 million recorded in 2024.
- The largest YoY upside for Common Equity was 663.27% in 2022 against a maximum downside of 4.52% in 2022.
- Over 5 years, Common Equity stood at $542.1 million in 2022, then gained by 20.92% to $655.5 million in 2023, then grew by 25.79% to $824.6 million in 2024, then jumped by 63.36% to $1.3 billion in 2025, then advanced by 4.66% to $1.4 billion in 2026.
- The last three Common Equity figures came in at $1.4 billion (Q2 2026), $1.4 billion (Q1 2026), and $1.3 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Duolingo | 14.45 Bn | 13.13 Bn | 216.74 Mn | 1.41 Bn |
| 2 | Youdao | 3.62 Bn | 3.50 Bn | 105.66 Mn | -271.87 Mn |
| 3 | Coursera | 1.59 Bn | 604.41 Mn | 173.40 Mn | 1.17 Bn |
| 4 | Docebo | 712.07 Mn | 666.36 Mn | 54.53 Mn | -306,000.00 |
| 5 | 51Talk Online Education | 344.94 Mn | 309.51 Mn | 22.97 Mn | -33.58 Mn |
| 6 | iHuman | 124.70 Mn | -34.09 Mn | 17.68 Mn | 139.03 Mn |
| 7 | Nerdy | 119.95 Mn | 90.19 Mn | 27.98 Mn | 25.94 Mn |
| 8 | Chegg | 94.28 Mn | 21.96 Mn | 28.28 Mn | 118.61 Mn |
| 9 | Skillsoft | 60.79 Mn | -57.58 Mn | 78.61 Mn | -72.82 Mn |
| 10 | Sunlands Technology | 39.07 Mn | 38.85 Mn | - | 157.59 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.41 Bn |
| 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 |