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
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