Growth Metrics

Duolingo (DUOL) Equity Average (2020 - 2025)

Duolingo has reported Equity Average over the past 6 years, most recently at $1.3 billion for Q4 2025.

  • Quarterly results put Equity Average at $1.3 billion for Q4 2025, up 61.17% from a year ago — trailing twelve months through Dec 2025 was $1.3 billion (up 61.17% YoY), and the annual figure for FY2025 was $1.1 billion, up 46.72%.
  • Equity Average for Q4 2025 was $1.3 billion at Duolingo, up from $1.1 billion in the prior quarter.
  • Over the last five years, Equity Average for DUOL hit a ceiling of $1.3 billion in Q4 2025 and a floor of -$95.8 million in Q2 2021.
  • Median Equity Average over the past 5 years was $593.2 million (2023), compared with a mean of $616.3 million.
  • Biggest five-year swings in Equity Average: surged 722.78% in 2021 and later grew 5.09% in 2022.
  • Duolingo's Equity Average stood at $511.9 million in 2021, then rose by 5.09% to $538.0 million in 2022, then grew by 18.07% to $635.2 million in 2023, then grew by 29.65% to $823.5 million in 2024, then soared by 61.17% to $1.3 billion in 2025.
  • The last three reported values for Equity Average were $1.3 billion (Q4 2025), $1.1 billion (Q3 2025), and $935.4 million (Q2 2025) per Business Quant data.