Duolingo (DUOL) FCF Margin (2020 - 2026)

Duolingo (DUOL) posted quarterly FCF Margin of 50.99% for Q1 2026, up 528.0% year-over-year from 8.12% in Q1 2025, and up 30.89% quarter-over-quarter from 38.96% in Q4 2025.

Duolingo (DUOL) FCF Margin (2020 - 2026) Analysis & Trends

Duolingo's FCF Margin history runs 7 years deep, the most recent figure standing at 50.99% for Q1 2026.

  • In Q1 2026, FCF Margin rose 528.0% year-over-year to 50.99%; the TTM figure through Mar 2026 stood at 38.84% (up 81.0% YoY), while the FY2025 annual figure was 36.95%, down 122.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 50.99%, up from 38.96% in the prior quarter.
  • The five-year high for FCF Margin was 50.99% in Q1 2026, with the low at 4.73% in Q3 2022.
  • The 5-year median for FCF Margin is 29.21% (2025), against an average of 30.86%.
  • The sharpest annual moves came in 2024 and 2025: FCF Margin surged 2420 bps in 2024, then tumbled 566 bps in 2025.
  • Duolingo's FCF Margin stood at 16.1% in 2022, then soared by 99 bps to 31.97% in 2023, then soared by 40 bps to 44.62% in 2024, then retreated by 13 bps to 38.96% in 2025, then soared by 31 bps to 50.99% in 2026.
  • Business Quant data shows DUOL's FCF Margin at 50.99% in Q1 2026, 38.96% in Q4 2025, and 29.21% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn 36.13%
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn 18.25%
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn 58.89%
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn 19.67%
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn 11.86%
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn 16.73%
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn 24.76%
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn 31.84%
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn 61.18%
10 Duolingo 12.42 Bn 11.10 Bn 216.74 Mn 27.85%

Historic Data

Download Data
DateValue
Jun 30, 2026 27.85%
Mar 31, 2026 50.99%
Dec 31, 2025 38.96%
Sep 30, 2025 29.21%
Jun 30, 2025 35.01%
Mar 31, 2025 45.71%
Dec 31, 2024 44.62%
Sep 30, 2024 27.57%
Jun 30, 2024 31.67%
Mar 31, 2024 49.20%
Dec 31, 2023 31.97%
Sep 30, 2023 26.81%
Jun 30, 2023 28.65%
Mar 31, 2023 25.01%
Dec 31, 2022 16.10%
Sep 30, 2022 4.73%
Jun 30, 2022 14.63%
Mar 31, 2022 23.76%
Dec 31, 2021 -4.32%
Sep 30, 2021 10.20%