Duolingo DUOL
NASDAQ DUOL
$156.67 +2.42 (+1.57%)
At close: Nov 10, 2026 · 4:00 PM EST

Duolingo (DUOL) EBITDA Margin (2020 - 2026)

Updated

Duolingo (DUOL) reported EBITDA Margin of 12.80% for Q2 2026, down 1.79 percentage points from 14.59% a year earlier and down 3.89 percentage points from the prior quarter.

Analysis

Duolingo (DUOL) EBITDA Margin (2020 - 2026) Analysis & Trends

Over the twelve months ended Jun 30, 2026, Duolingo's EBITDA Margin came in at 15.10%, up 4.03 percentage points year-over-year; for FY2025, it came in at 14.45%, up 4.63 percentage points from FY2024.

  • EBITDA Margin has increased for four consecutive years, with a five-year change of +22.96 percentage points (FY2020 to FY2025).
  • By year, EBITDA Margin came in at 9.82% in FY2024 (+10.98 pp), -1.16% in FY2023 (+15.17 pp), -16.33% in FY2022 (+6.52 pp) and -22.84% in FY2021 (-14.34 pp).
  • The Q2 2026 figure ranks as the lowest quarterly EBITDA Margin since Q1 2025.
  • Year over year, EBITDA Margin gained in seven of the last eight quarters, with an average year-over-year change of +4.41 percentage points.
  • The high point for year-over-year EBITDA Margin in five years was Q3 2022 (a gain of 24.53 percentage points); the low point was Q3 2021 (a drop of 38.59 percentage points).
  • Per Business Quant data, the three quarters before Q2 2026 came in at 16.69% (Q1 2026), 16.71% (Q4 2025) and 14.25% (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Bryn 945.00 Bn 945.00 Bn - -
2 Veeva Systems 49.47 Bn 21.72 Bn 695.95 Mn 31.34%
3 Trimble 27.38 Bn 26.46 Bn 659.10 Mn -
4 Samsara 24.21 Bn 20.98 Bn 392.58 Mn 2.61%
5 Ptc 21.76 Bn 21.76 Bn 557.39 Mn -
6 Toast 20.03 Bn 12.67 Bn 543.00 Mn 10.35%
7 Manhattan Associates 14.95 Bn 14.01 Bn 174.30 Mn 27.01%
8 Duolingo 14.72 Bn 9.64 Bn 225.13 Mn 9.22%
9 Bentley Systems 13.66 Bn 13.13 Bn 349.55 Mn 32.72%
10 Costar 12.20 Bn 7.61 Bn 741.00 Mn 22.58%
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2026 9.22%
Jun 30, 2026 12.80%
Mar 31, 2026 16.69%
Dec 31, 2025 16.71%
Sep 30, 2025 14.25%
Jun 30, 2025 14.59%
Mar 31, 2025 11.78%
Dec 31, 2024 8.37%
Sep 30, 2024 8.54%
Jun 30, 2024 11.74%
Mar 31, 2024 11.05%
Dec 31, 2023 4.53%
Sep 30, 2023 -2.19%
Jun 30, 2023 -2.55%
Mar 31, 2023 -5.84%
Dec 31, 2022 -16.09%
Sep 30, 2022 -19.45%
Jun 30, 2022 -15.69%
Mar 31, 2022 -13.63%
Dec 31, 2021 -22.81%
API Access

Duolingo EBITDA Margin 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-margin&ticker=DUOL&period=max&api_key=YOUR_API_KEY