Duolingo (DUOL) EV to CFO (2021 - 2026)
Duolingo's EV to CFO came in at 21.93 for Q2 2026, down 79.7% from 108.01 a year earlier but up 19.0% from the prior quarter.
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Analysis
Duolingo (DUOL) EV to CFO (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Duolingo reported EV to CFO of 13.77, down 86.2% year-over-year; for FY2025, it came in at 38.92, down 60.0% from FY2024.
- Going back by year, EV to CFO was 97.36 in FY2024 (-18.3%), 119.15 in FY2023 (+26.1%), 94.49 in FY2022 (-70.3%) and 317.72 in FY2021.
- The five-year range for quarterly EV to CFO is 18.43 (Q1 2026) to 457.36 (Q3 2021).
- Year-over-year, EV to CFO has declined for four consecutive quarters, with an average decline of 27.9% over the last eight quarters.
- The fastest year-over-year change in EV to CFO over five years came in Q2 2025 (growth of 45.9%), and the weakest in Q2 2026 (a decline of 79.7%).
- Business Quant data shows DUOL's EV to CFO at 18.43 (Q1 2026), 38.92 (Q4 2025) and 78.34 (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 | 45.35 Bn | 17.59 Bn | 695.95 Mn |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn |
| 10 | Bentley Systems | 9.44 Bn | 8.90 Bn | 336.74 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.93 |
| Mar 31, 2026 | 18.43 |
| Dec 31, 2025 | 38.92 |
| Sep 30, 2025 | 78.34 |
| Jun 30, 2025 | 108.01 |
| Mar 31, 2025 | 88.17 |
| Dec 31, 2024 | 97.36 |
| Sep 30, 2024 | 94.84 |
| Jun 30, 2024 | 74.02 |
| Mar 31, 2024 | 87.22 |
| Dec 31, 2023 | 119.15 |
| Sep 30, 2023 | 112.84 |
| Jun 30, 2023 | 127.48 |
| Mar 31, 2023 | 175.62 |
| Dec 31, 2022 | 94.49 |
| Sep 30, 2022 | 164.86 |
| Jun 30, 2022 | 164.35 |
| Mar 31, 2022 | 127.23 |
| Dec 31, 2021 | 317.72 |
| Sep 30, 2021 | 457.36 |
API Access
Duolingo EV to CFO 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=ev-to-cfo&ticker=DUOL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=DUOL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();