Duolingo (DUOL) EBITDA (2020 - 2026)
Duolingo's EBITDA came in at $38.19 million for Q2 2026, up 3.8% from $36.8 million a year earlier but down 21.6% from the prior quarter.
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Analysis
Duolingo (DUOL) EBITDA (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Duolingo reported EBITDA of $172.88 million, up 76.4% year-over-year; for FY2025, it was $149.96 million, up 104.2% from FY2024.
- Going back by year, EBITDA was $73.45 million in FY2024, -$6.16 million in FY2023, -$60.33 million in FY2022 and -$57.28 million in FY2021.
- The five-year range for quarterly EBITDA is -$27.97 million (Q3 2021) to $48.72 million (Q1 2026).
- Year-over-year, EBITDA has increased for seven consecutive quarters, with growth averaging 95.3% over the last seven quarters.
- Business Quant data shows DUOL's EBITDA at $48.72 million (Q1 2026), $47.26 million (Q4 2025) and $38.71 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 49.47 Bn | 21.72 Bn | 695.95 Mn | 290.79 Mn |
| 3 | Trimble | 27.38 Bn | 26.46 Bn | 659.10 Mn | - |
| 4 | Samsara | 24.21 Bn | 20.98 Bn | 392.58 Mn | 13.29 Mn |
| 5 | Ptc | 21.76 Bn | 21.76 Bn | 557.39 Mn | - |
| 6 | Toast | 20.03 Bn | 12.67 Bn | 543.00 Mn | 205.00 Mn |
| 7 | Manhattan Associates | 14.95 Bn | 14.01 Bn | 174.30 Mn | 82.71 Mn |
| 8 | Duolingo | 14.72 Bn | 9.64 Bn | 225.13 Mn | 28.48 Mn |
| 9 | Bentley Systems | 13.66 Bn | 13.13 Bn | 349.55 Mn | 137.91 Mn |
| 10 | Costar | 12.20 Bn | 7.61 Bn | 741.00 Mn | 215.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 28.48 Mn |
| Jun 30, 2026 | 38.19 Mn |
| Mar 31, 2026 | 48.72 Mn |
| Dec 31, 2025 | 47.26 Mn |
| Sep 30, 2025 | 38.71 Mn |
| Jun 30, 2025 | 36.80 Mn |
| Mar 31, 2025 | 27.18 Mn |
| Dec 31, 2024 | 17.54 Mn |
| Sep 30, 2024 | 16.45 Mn |
| Jun 30, 2024 | 20.94 Mn |
| Mar 31, 2024 | 18.51 Mn |
| Dec 31, 2023 | 6.84 Mn |
| Sep 30, 2023 | -3.01 Mn |
| Jun 30, 2023 | -3.23 Mn |
| Mar 31, 2023 | -6.76 Mn |
| Dec 31, 2022 | -16.71 Mn |
| Sep 30, 2022 | -18.68 Mn |
| Jun 30, 2022 | -13.86 Mn |
| Mar 31, 2022 | -11.07 Mn |
| Dec 31, 2021 | -16.66 Mn |
API Access
Duolingo EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda&ticker=DUOL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "ticker": "DUOL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda&ticker=DUOL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();