Duolingo (DUOL) Enterprise Value (2021 - 2026)
Duolingo's Enterprise Value came in at $9.44 billion for Q2 2026, down 74.0% from $36.28 billion a year earlier but up 18.4% from the prior quarter.
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Analysis
Duolingo (DUOL) Enterprise Value (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Duolingo reported Enterprise Value of $5.93 billion, down 82.3% year-over-year; for FY2025, it was $15.09 billion, down 45.7% from FY2024.
- Enterprise Value carries a four-year compound annual growth rate of 50.9% (FY2021 to FY2025).
- Going back by year, Enterprise Value was $27.8 billion in FY2024 (+51.9%), $18.3 billion in FY2023 (+261.0%), $5.07 billion in FY2022 (+74.0%) and $2.91 billion in FY2021.
- The five-year range for quarterly Enterprise Value is $2.91 billion (Q4 2021) to $36.28 billion (Q2 2025).
- Year-over-year, Enterprise Value has declined for three consecutive quarters, with growth averaging 15.5% over the last eight quarters.
- The fastest year-over-year change in Enterprise Value over five years came in Q4 2023 (growth of 261.0%), and the weakest in Q2 2026 (a decline of 74.0%).
- Business Quant data shows DUOL's Enterprise Value at $7.98 billion (Q1 2026), $15.09 billion (Q4 2025) and $28.51 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - |
| 2 | Veeva Systems | 49.47 Bn | 21.72 Bn | 695.95 Mn |
| 3 | Trimble | 27.38 Bn | 26.46 Bn | 659.10 Mn |
| 4 | Samsara | 24.21 Bn | 20.98 Bn | 392.58 Mn |
| 5 | Ptc | 21.76 Bn | 21.76 Bn | 557.39 Mn |
| 6 | Toast | 20.03 Bn | 12.67 Bn | 543.00 Mn |
| 7 | Manhattan Associates | 14.95 Bn | 14.01 Bn | 174.30 Mn |
| 8 | Duolingo | 14.72 Bn | 9.64 Bn | 225.13 Mn |
| 9 | Bentley Systems | 13.66 Bn | 13.13 Bn | 349.55 Mn |
| 10 | Costar | 12.20 Bn | 7.61 Bn | 741.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 12.01 Bn |
| Jun 30, 2026 | 9.44 Bn |
| Mar 31, 2026 | 7.98 Bn |
| Dec 31, 2025 | 15.08 Bn |
| Sep 30, 2025 | 28.39 Bn |
| Jun 30, 2025 | 36.38 Bn |
| Mar 31, 2025 | 27.14 Bn |
| Dec 31, 2024 | 27.90 Bn |
| Sep 30, 2024 | 23.84 Bn |
| Jun 30, 2024 | 17.17 Bn |
| Mar 31, 2024 | 18.10 Bn |
| Dec 31, 2023 | 18.39 Bn |
| Sep 30, 2023 | 13.10 Bn |
| Jun 30, 2023 | 11.11 Bn |
| Mar 31, 2023 | 11.00 Bn |
| Dec 31, 2022 | 5.07 Bn |
| Sep 30, 2022 | 6.96 Bn |
| Jun 30, 2022 | 6.24 Bn |
| Mar 31, 2022 | 3.14 Bn |
| Dec 31, 2021 | 3.51 Bn |
API Access
Duolingo Enterprise Value 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=enterprise-value&ticker=DUOL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=DUOL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();