Duolingo (DUOL) Equity Average (2020 - 2026)
Duolingo's quarterly Equity Average came in at $1.4 billion in Q1 2026, up 59.38% year-on-year from $859.2 million in Q1 2025, and up 3.17% quarter-over-quarter from $1.3 billion in Q4 2025.
Duolingo has reported Equity Average for 7 years, with the latest figure at $1.4 billion in Q1 2026.
- For the quarter ending Q1 2026, Equity Average rose 59.38% year-over-year to $1.4 billion; the trailing twelve-month figure through Mar 2026 stood at $1.4 billion (up 59.38% YoY), and the FY2025 full-year result was $1.1 billion, up 46.72% from the prior year.
- Equity Average for Q1 2026 stood at $1.4 billion, up from $1.3 billion in the prior quarter.
- The five-year high for Equity Average was $1.4 billion in Q1 2026, with the low at $516.9 million in Q1 2022.
- Average Equity Average over 5 years is $774.1 million, with a median of $683.3 million recorded in 2024.
- Peak annual rise in Equity Average reached 679.22% in 2022, while the deepest fall reached 5.09% in 2022.
- Tracing DUOL's Equity Average over 5 years: stood at $538.0 million in 2022, then gained 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, then grew by 3.17% to $1.4 billion in 2026.
- The last three Equity Average figures came in at $1.4 billion (Q1 2026), $1.3 billion (Q4 2025), and $1.1 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 52.79 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 59.58 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 26.33 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 12.99 Bn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 12.35 Bn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 6.02 Bn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 11.53 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 6.37 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 19.84 Bn |
| 10 | Duolingo | 4.99 Bn | 3.74 Bn | 213.10 Mn | 1.37 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.37 Bn |
| Dec 31, 2025 | 1.33 Bn |
| Sep 30, 2025 | 1.14 Bn |
| Jun 30, 2025 | 935.43 Mn |
| Mar 31, 2025 | 859.19 Mn |
| Dec 31, 2024 | 823.50 Mn |
| Sep 30, 2024 | 794.70 Mn |
| Jun 30, 2024 | 739.00 Mn |
| Mar 31, 2024 | 683.28 Mn |
| Dec 31, 2023 | 635.16 Mn |
| Sep 30, 2023 | 605.61 Mn |
| Jun 30, 2023 | 580.80 Mn |
| Mar 31, 2023 | 553.63 Mn |
| Dec 31, 2022 | 537.95 Mn |
| Sep 30, 2022 | 531.02 Mn |
| Jun 30, 2022 | 524.47 Mn |
| Mar 31, 2022 | 516.89 Mn |
| Dec 31, 2021 | 511.89 Mn |
| Sep 30, 2021 | 208.48 Mn |
| Jun 30, 2021 | -95.78 Mn |
| Mar 31, 2021 | -89.24 Mn |
| Dec 31, 2020 | -82.19 Mn |
| Sep 30, 2020 | -83.29 Mn |