Duolingo (DUOL) Intangibles (2020 - 2026)
Duolingo (DUOL) posted Intangibles of $27.6 million for Q2 2026, down 2.57% on a QoQ basis from $28.3 million in Q1 2026, and up 38.52% year-over-year from $19.9 million in Q2 2025.
Analysis
Duolingo (DUOL) Intangibles (2020 - 2026) Analysis & Trends
Duolingo has reported Intangibles for 7 years, with the latest figure at $27.6 million in Q2 2026.
- On a quarterly basis, Intangibles rose 38.52% year-over-year to $27.6 million in Q2 2026; TTM through Jun 2026 was $27.6 million, a 38.52% increase from a year earlier, with the FY2025 full-year figure at $28.3 million, up 42.26% from the prior year.
- Intangibles was $27.6 million for Q2 2026 at Duolingo, down from $28.3 million in the prior quarter.
- The five-year high for Intangibles was $28.3 million in Q1 2026, with the low at $5.5 million in Q1 2022.
- Average Intangibles over 5 years is $17.1 million, with a median of $18.7 million recorded in 2024.
- The sharpest annual moves came in 2024 and 2025: Intangibles jumped 119.41% in 2024, then fell 3.22% in 2025.
- Over 5 years, Intangibles stood at $8.5 million in 2022, then jumped by 88.24% to $16.0 million in 2023, then gained by 24.41% to $19.9 million in 2024, then jumped by 42.26% to $28.3 million in 2025, then retreated by 2.51% to $27.6 million in 2026.
- The last three Intangibles figures came in at $27.6 million (Q2 2026), $28.3 million (Q1 2026), and $28.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Duolingo | 14.45 Bn | 13.13 Bn | 216.74 Mn | 27.60 Mn |
| 2 | Youdao | 3.62 Bn | 3.50 Bn | 105.66 Mn | - |
| 3 | Coursera | 1.59 Bn | 604.41 Mn | 173.40 Mn | 436.30 Mn |
| 4 | Docebo | 712.07 Mn | 666.36 Mn | 54.53 Mn | 23.66 Mn |
| 5 | 51Talk Online Education | 344.94 Mn | 309.51 Mn | 22.97 Mn | 65,000.00 |
| 6 | iHuman | 124.70 Mn | -34.09 Mn | 17.68 Mn | - |
| 7 | Nerdy | 119.95 Mn | 90.19 Mn | 27.98 Mn | 688,000.00 |
| 8 | Chegg | 94.28 Mn | 21.96 Mn | 28.28 Mn | 3.96 Mn |
| 9 | Skillsoft | 60.79 Mn | -57.58 Mn | 78.61 Mn | 770.09 Mn |
| 10 | Sunlands Technology | 39.07 Mn | 38.85 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.60 Mn |
| Mar 31, 2026 | 28.33 Mn |
| Dec 31, 2025 | 28.31 Mn |
| Sep 30, 2025 | 27.97 Mn |
| Jun 30, 2025 | 19.92 Mn |
| Mar 31, 2025 | 18.87 Mn |
| Dec 31, 2024 | 19.90 Mn |
| Sep 30, 2024 | 21.90 Mn |
| Jun 30, 2024 | 20.59 Mn |
| Mar 31, 2024 | 18.60 Mn |
| Dec 31, 2023 | 16.00 Mn |
| Sep 30, 2023 | 13.77 Mn |
| Jun 30, 2023 | 10.40 Mn |
| Mar 31, 2023 | 8.48 Mn |
| Dec 31, 2022 | 8.50 Mn |
| Sep 30, 2022 | 7.02 Mn |
| Jun 30, 2022 | 6.41 Mn |
| Mar 31, 2022 | 5.49 Mn |
| Dec 31, 2021 | 4.57 Mn |
| Sep 30, 2021 | 4.18 Mn |