Growth Metrics

Duolingo (DUOL) EBT Margin (2020 - 2026)

Duolingo's quarterly EBT Margin came in at 19.03% in Q1 2026, up 385.0% year-on-year from 3.92% in Q1 2025, and down 1.25% quarter-over-quarter from 19.27% in Q4 2025.

Duolingo has reported EBT Margin for 7 years, with the latest figure at 19.03% in Q1 2026.

  • For the quarter ending Q1 2026, EBT Margin rose 385.0% year-over-year to 19.03%; the trailing twelve-month figure through Mar 2026 stood at 18.47% (up 473.0% YoY), and the FY2025 full-year result was 17.58%, up 390.0% from the prior year.
  • EBT Margin for Q1 2026 stood at 19.03%, down from 19.27% in the prior quarter.
  • The five-year high for EBT Margin was 19.27% in Q4 2025, with the low at 19.15% in Q3 2022.
  • Average EBT Margin over 5 years is 5.44%, with a median of 10.67% recorded in 2024.
  • Peak annual rise in EBT Margin reached 2633 bps in 2022, while the deepest fall reached 1656 bps in 2022.
  • Tracing DUOL's EBT Margin over 5 years: stood at 12.73% in 2022, then surged by 179 bps to 10.02% in 2023, then increased by 6 bps to 10.67% in 2024, then soared by 81 bps to 19.27% in 2025, then dropped by 1 bps to 19.03% in 2026.
  • The last three EBT Margin figures came in at 19.03% (Q1 2026), 19.27% (Q4 2025), and 17.09% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn 28.74%
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn 23.39%
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn 3.76%
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn -20.00%
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn 17.85%
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn 29.04%
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 37.86%
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn 30.00%
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn 47.29%
10 Duolingo 4.99 Bn 3.74 Bn 213.10 Mn 19.03%

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 19.03%
Dec 31, 2025 19.27%
Sep 30, 2025 17.09%
Jun 30, 2025 18.41%
Mar 31, 2025 15.17%
Dec 31, 2024 10.67%
Sep 30, 2024 13.18%
Jun 30, 2024 16.10%
Mar 31, 2024 15.43%
Dec 31, 2023 10.02%
Sep 30, 2023 2.13%
Jun 30, 2023 1.90%
Mar 31, 2023 -2.33%
Dec 31, 2022 -12.73%
Sep 30, 2022 -19.15%
Jun 30, 2022 -16.86%
Mar 31, 2022 -14.93%
Dec 31, 2021 -23.84%
Sep 30, 2021 -45.47%
Jun 30, 2021 -0.30%
Mar 31, 2021 -24.30%
Dec 31, 2020 -21.51%
Sep 30, 2020 -6.96%
Jun 30, 2020 0.13%