Duolingo (DUOL) Gross Margin (2020 - 2026)
Duolingo's (DUOL) quarterly Gross Margin came in at 72.99% in Q1 2026, up 187.0% year-on-year from 25.43% in Q1 2025, and little changed quarter-over-quarter from 72.78% in Q4 2025.
Duolingo (DUOL) Gross Margin (2020 - 2026) Analysis & Trends
Duolingo's Gross Margin history runs 7 years deep, the most recent figure standing at 72.99% for Q1 2026.
- On a quarterly basis, Gross Margin rose 187.0% year-over-year to 72.99% in Q1 2026; TTM through Mar 2026 was 72.67%, a 41.0% increase from a year earlier, with the FY2025 full-year figure at 72.23%, down 54.0% from the prior year.
- Gross Margin held at 72.99% in Q1 2026 per DUOL's latest filing, from 72.78% in the prior quarter.
- Across five years, Gross Margin topped out at 73.66% in Q3 2023 and bottomed at 71.12% in Q1 2025.
- The 5-year median for Gross Margin is 72.99% (2026), against an average of 72.84%.
- Across the five-year window, Gross Margin sank 191 bps in 2025 and jumped 187 bps in 2026, its largest moves.
- Year by year, Gross Margin stood at 73.25% in 2022, then decreased by 0 bps to 73.13% in 2023, then dropped by 2 bps to 71.88% in 2024, then climbed by 1 bps to 72.78% in 2025, then grew by 0 bps to 72.99% in 2026.
- Per Business Quant, the three latest DUOL Gross Margin figures stand at 72.99% (Q1 2026), 72.78% (Q4 2025), and 72.47% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 72.98% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 48.77% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 45.03% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 76.92% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 70.68% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 48.28% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 66.61% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 95.85% |
| 10 | Duolingo | 22.93 Mn | -1.23 Bn | 213.10 Mn | 72.99% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 72.99% |
| Dec 31, 2025 | 72.78% |
| Sep 30, 2025 | 72.47% |
| Jun 30, 2025 | 72.38% |
| Mar 31, 2025 | 71.12% |
| Dec 31, 2024 | 71.88% |
| Sep 30, 2024 | 72.91% |
| Jun 30, 2024 | 73.45% |
| Mar 31, 2024 | 73.03% |
| Dec 31, 2023 | 73.13% |
| Sep 30, 2023 | 73.66% |
| Jun 30, 2023 | 73.36% |
| Mar 31, 2023 | 72.77% |
| Dec 31, 2022 | 73.25% |
| Sep 30, 2022 | 72.62% |
| Jun 30, 2022 | 72.99% |
| Mar 31, 2022 | 73.54% |
| Dec 31, 2021 | 72.67% |
| Sep 30, 2021 | 71.57% |
| Jun 30, 2021 | 72.56% |