Duolingo (DUOL) Enterprise Value (2020 - 2026)
Duolingo (DUOL) recorded quarterly Enterprise Value of -$1.3 billion in Q1 2026, down 9.75% quarter-over-quarter from -$1.1 billion in Q4 2025, and down 25.25% on a YoY basis from -$1.7 billion in Q1 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.
- In Q1 2026, Enterprise Value fell 25.25% year-over-year to -$1.3 billion; the TTM figure through Mar 2026 stood at -$1.3 billion (down 25.25% YoY), while the FY2025 annual figure was -$1.1 billion, down 29.95% from the prior year.
- Enterprise Value was -$1.3 billion for Q1 2026 at Duolingo, down from -$1.1 billion in the prior quarter.
- In the past five years, Enterprise Value ranged from a high of -$577.3 million in Q1 2022 to a low of -$1.3 billion in Q1 2026.
- Historically, Enterprise Value has averaged -$837.2 million across 5 years, with a median of -$829.7 million in 2024.
- Biggest YoY gain for Enterprise Value was 9.2% in 2022; the steepest drop was 415.68% in 2022.
- A 5-year view of Enterprise Value shows it 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.
- The last three Enterprise Value figures came in at -$1.3 billion (Q1 2026), -$1.1 billion (Q4 2025), and -$1.1 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 257.53 Bn | 239.56 Bn | 8.16 Bn | -17.97 Bn |
| 2 | Full Truck Alliance | 171.61 Bn | 169.06 Bn | - | -2.55 Bn |
| 3 | Salesforce | 152.15 Bn | 140.31 Bn | 8.56 Bn | -11.84 Bn |
| 4 | Uber Technologies | 144.45 Bn | 143.41 Bn | 11.88 Bn | -1.04 Bn |
| 5 | Shopify | 144.09 Bn | 138.34 Bn | 1.55 Bn | -5.74 Bn |
| 6 | ServiceNow | 110.55 Bn | 105.37 Bn | 2.83 Bn | -5.18 Bn |
| 7 | Cadence Design Systems | 106.32 Bn | 104.91 Bn | 1.26 Bn | -1.41 Bn |
| 8 | Adobe | 97.77 Bn | 90.88 Bn | 5.73 Bn | -6.89 Bn |
| 9 | Automatic Data Processing | 93.39 Bn | 90.16 Bn | 2.87 Bn | -3.23 Bn |
| 10 | Duolingo | 5.53 Bn | 4.28 Bn | 213.10 Mn | -1.25 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |