Duolingo (DUOL) Enterprise Value (2020 - 2026)

Duolingo's (DUOL) quarterly Enterprise Value came in at -$1.3 billion in Q1 2026, down 25.25% year-on-year from -$1.7 billion in Q1 2025, and down 9.75% quarter-over-quarter from -$1.1 billion in Q4 2025.

Duolingo (DUOL) Enterprise Value (2020 - 2026) Analysis & Trends

Duolingo's Enterprise Value history runs 7 years deep, the most recent figure standing at -$1.3 billion for Q1 2026.

  • On a quarterly basis, Enterprise Value fell 25.25% year-over-year to -$1.3 billion in Q1 2026; TTM through Mar 2026 was -$1.3 billion, a 25.25% decrease from a year earlier, with the FY2025 full-year figure at -$1.1 billion, down 29.95% from the prior year.
  • Enterprise Value eased to -$1.3 billion in Q1 2026 per DUOL's latest filing, from -$1.1 billion in the prior quarter.
  • Across five years, Enterprise Value topped out at -$577.3 million in Q1 2022 and bottomed at -$1.3 billion in Q1 2026.
  • The 5-year median for Enterprise Value is -$829.7 million (2024), against an average of -$837.2 million.
  • Biggest YoY gain for Enterprise Value was 9.2% in 2022; the steepest drop was 415.68% in 2022.
  • Year by year, Enterprise Value stood at -$608.2 million in 2022, then dropped by 22.93% to -$747.6 million in 2023, then dropped by 17.39% to -$877.6 million in 2024, then fell by 29.95% to -$1.1 billion in 2025, then fell by 9.75% to -$1.3 billion in 2026.
  • Per Business Quant, the three latest DUOL Enterprise Value figures stand at -$1.3 billion (Q1 2026), -$1.1 billion (Q4 2025), and -$1.1 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -19.64 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -2.64 Bn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn -5.74 Bn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn -1.04 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn -11.84 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn -4.66 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn -3.23 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -2.95 Bn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn -1.41 Bn
10 Duolingo 22.93 Mn -1.23 Bn 213.10 Mn -1.25 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 -1.25 Bn
Dec 31, 2025 -1.14 Bn
Sep 30, 2025 -1.12 Bn
Jun 30, 2025 -1.10 Bn
Mar 31, 2025 -999.28 Mn
Dec 31, 2024 -877.65 Mn
Sep 30, 2024 -880.76 Mn
Jun 30, 2024 -888.24 Mn
Mar 31, 2024 -829.71 Mn
Dec 31, 2023 -747.61 Mn
Sep 30, 2023 -701.74 Mn
Jun 30, 2023 -678.67 Mn
Mar 31, 2023 -641.09 Mn
Dec 31, 2022 -608.18 Mn
Sep 30, 2022 -599.97 Mn
Jun 30, 2022 -591.16 Mn
Mar 31, 2022 -577.33 Mn
Dec 31, 2021 -553.92 Mn
Sep 30, 2021 -549.44 Mn
Jun 30, 2021 -114.64 Mn