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Asset Utilization RatioAssets AverageEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

Duolingo (DUOL) EBITDA Margin (2020 - 2025)

Duolingo has reported EBITDA Margin over the past 6 years, most recently at 14.83% for Q4 2025.

  • Quarterly results put EBITDA Margin at 14.83% for Q4 2025, up 820.0% from a year ago — trailing twelve months through Dec 2025 was 39.91% (up 2807.0% YoY), and the annual figure for FY2025 was 39.91%, up 2807.0%.
  • EBITDA Margin for Q4 2025 was 14.83% at Duolingo, down from 107.54% in the prior quarter.
  • Over the last five years, EBITDA Margin for DUOL hit a ceiling of 107.54% in Q3 2025 and a floor of 45.55% in Q3 2021.
  • Median EBITDA Margin over the past 5 years was 2.49% (2023), compared with a mean of 2.79%.
  • Biggest five-year swings in EBITDA Margin: plummeted -3854bps in 2021 and later soared 9541bps in 2025.
  • Duolingo's EBITDA Margin stood at 23.99% in 2021, then skyrocketed by 44bps to 13.42% in 2022, then soared by 160bps to 8.03% in 2023, then decreased by -17bps to 6.64% in 2024, then soared by 123bps to 14.83% in 2025.
  • The last three reported values for EBITDA Margin were 14.83% (Q4 2025), 107.54% (Q3 2025), and 17.75% (Q2 2025) per Business Quant data.