Duolingo (DUOL) Gross Margin (2020 - 2026)
Duolingo (DUOL) reported Gross Margin of 72.62% for Q2 2026, up 0.24 percentage points from 72.38% a year earlier but down 0.37 percentage points from the prior quarter.
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Analysis
Duolingo (DUOL) Gross Margin (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Duolingo's Gross Margin came in at 72.72%, up 0.67 percentage points year-over-year; for FY2025, it came in at 72.23%, down 0.54 percentage points from FY2024.
- Gross Margin has a five-year change of +0.67 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 72.78% in FY2024 (-0.47 pp), 73.24% in FY2023 (+0.15 pp), 73.09% in FY2022 (+0.68 pp) and 72.41% in FY2021 (+0.85 pp).
- Five-year quarterly Gross Margin spans a low of 71.12% in Q1 2025 and a high of 73.66% in Q3 2023.
- Year over year, Gross Margin has now increased in each of the last three quarters, with an average year-over-year change of -0.30 percentage points over the last eight quarters.
- The high point for year-over-year Gross Margin in five years was Q1 2026 (a gain of 1.87 percentage points); the low point was Q1 2025 (a drop of 1.91 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 72.99% (Q1 2026), 72.78% (Q4 2025) and 72.47% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 49.47 Bn | 21.72 Bn | 695.95 Mn | 75.00% |
| 3 | Trimble | 27.38 Bn | 26.46 Bn | 659.10 Mn | 68.17% |
| 4 | Samsara | 24.21 Bn | 20.98 Bn | 392.58 Mn | 77.21% |
| 5 | Ptc | 21.76 Bn | 21.76 Bn | 557.39 Mn | - |
| 6 | Toast | 20.03 Bn | 12.67 Bn | 543.00 Mn | 27.41% |
| 7 | Manhattan Associates | 14.95 Bn | 14.01 Bn | 174.30 Mn | 56.93% |
| 8 | Duolingo | 14.72 Bn | 9.64 Bn | 225.13 Mn | 72.86% |
| 9 | Bentley Systems | 13.66 Bn | 13.13 Bn | 349.55 Mn | 82.93% |
| 10 | Costar | 12.20 Bn | 7.61 Bn | 741.00 Mn | 77.84% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 72.86% |
| Jun 30, 2026 | 72.62% |
| 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% |
API Access
Duolingo Gross Margin 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=gross-margin&ticker=DUOL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=DUOL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();