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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) EBT Margin (2020 - 2025)

Duolingo has reported EBT Margin over the past 6 years, most recently at 19.27% for Q4 2025.

  • Quarterly results put EBT Margin at 19.27% for Q4 2025, up 860.0% from a year ago — trailing twelve months through Dec 2025 was 17.58% (up 390.0% YoY), and the annual figure for FY2025 was 17.58%, up 390.0%.
  • EBT Margin for Q4 2025 was 19.27% at Duolingo, up from 17.09% in the prior quarter.
  • Over the last five years, EBT Margin for DUOL hit a ceiling of 19.27% in Q4 2025 and a floor of 45.47% in Q3 2021.
  • Median EBT Margin over the past 5 years was 2.02% (2023), compared with a mean of 1.03%.
  • Biggest five-year swings in EBT Margin: tumbled -3851bps in 2021 and later surged 2633bps in 2022.
  • Duolingo's EBT Margin stood at 23.84% in 2021, then soared by 47bps to 12.73% in 2022, then surged by 179bps to 10.02% in 2023, then increased by 6bps to 10.67% in 2024, then soared by 81bps to 19.27% in 2025.
  • The last three reported values for EBT Margin were 19.27% (Q4 2025), 17.09% (Q3 2025), and 18.41% (Q2 2025) per Business Quant data.