Duolingo (DUOL) EBT (2020 - 2026)
Duolingo's EBT was $45.37 million in Q2 2026, down 2.3% from $46.45 million a year earlier and down 18.3% from the prior quarter.
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Analysis
Duolingo (DUOL) EBT (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Duolingo's EBT was $201.87 million through Jun 30, 2026, up 56.2% year-over-year; for FY2025, it was $182.41 million, up 78.3% from FY2024.
- In earlier years, EBT was $102.31 million in FY2024 (+475.5%), $17.78 million in FY2023, -$58.64 million in FY2022 and -$59.96 million in FY2021.
- The Q2 2026 figure marks the lowest quarterly EBT since Q1 2025.
- Compared with a year earlier, EBT was higher in seven of the last eight quarters, with growth averaging 149.2%.
- The best year-over-year quarter for EBT over five years was Q3 2024 (growth of 765.9%); the worst was Q2 2026 (a decline of 2.3%).
- Per Business Quant data, DUOL's EBT in the three quarters before Q2 2026 was $55.55 million (Q1 2026), $54.5 million (Q4 2025) and $46.45 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | -178,646.00 |
| 2 | Veeva Systems | 49.47 Bn | 21.72 Bn | 695.95 Mn | 349.53 Mn |
| 3 | Trimble | 27.38 Bn | 26.46 Bn | 659.10 Mn | 121.30 Mn |
| 4 | Samsara | 24.21 Bn | 20.98 Bn | 392.58 Mn | 17.53 Mn |
| 5 | Ptc | 21.76 Bn | 21.76 Bn | 557.39 Mn | 195.03 Mn |
| 6 | Toast | 20.03 Bn | 12.67 Bn | 543.00 Mn | 176.00 Mn |
| 7 | Manhattan Associates | 14.95 Bn | 14.01 Bn | 174.30 Mn | 82.88 Mn |
| 8 | Duolingo | 14.72 Bn | 9.64 Bn | 225.13 Mn | 35.57 Mn |
| 9 | Bentley Systems | 13.66 Bn | 13.13 Bn | 349.55 Mn | 115.54 Mn |
| 10 | Costar | 12.20 Bn | 7.61 Bn | 741.00 Mn | 84.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 35.57 Mn |
| Jun 30, 2026 | 45.37 Mn |
| Mar 31, 2026 | 55.55 Mn |
| Dec 31, 2025 | 54.50 Mn |
| Sep 30, 2025 | 46.45 Mn |
| Jun 30, 2025 | 46.45 Mn |
| Mar 31, 2025 | 35.01 Mn |
| Dec 31, 2024 | 22.35 Mn |
| Sep 30, 2024 | 25.39 Mn |
| Jun 30, 2024 | 28.71 Mn |
| Mar 31, 2024 | 25.85 Mn |
| Dec 31, 2023 | 15.13 Mn |
| Sep 30, 2023 | 2.93 Mn |
| Jun 30, 2023 | 2.41 Mn |
| Mar 31, 2023 | -2.70 Mn |
| Dec 31, 2022 | -13.21 Mn |
| Sep 30, 2022 | -18.39 Mn |
| Jun 30, 2022 | -14.90 Mn |
| Mar 31, 2022 | -12.13 Mn |
| Dec 31, 2021 | -17.41 Mn |
API Access
Duolingo EBT 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=ebt&ticker=DUOL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt", "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=ebt&ticker=DUOL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();