Duolingo (DUOL) Intangibles (2021 - 2026)
Duolingo (DUOL) recorded Intangibles of $27.6 million in Q2 2026, up 38.5% from $19.92 million a year earlier but down 2.6% from the prior quarter.
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Analysis
Duolingo (DUOL) Intangibles (2021 - 2026) Analysis & Trends
At the end of FY2025, Duolingo reported Intangibles of $28.31 million, up 42.3% from FY2024.
- Annual Intangibles has increased for four straight years, with a four-year compound annual growth rate of 57.8% (FY2021 to FY2025).
- Across earlier years, Intangibles came in at $19.9 million in FY2024 (+24.4%), $16 million in FY2023 (+88.2%), $8.5 million in FY2022 (+86.1%) and $4.57 million in FY2021.
- Quarterly Intangibles has ranged from $4.57 million in Q4 2021 to $28.33 million in Q1 2026 over the past five years.
- On a year-over-year basis, Intangibles has increased for four consecutive quarters, with growth averaging 30.0% over the last eight quarters.
- Peak year-over-year performance for Intangibles in the last five years was growth of 119.4% in Q1 2024, against a decline of 3.2% in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $28.33 million (Q1 2026), $28.31 million (Q4 2025) and $27.97 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 55.65 Mn |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | - |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 11.00 Mn |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 765.80 Mn |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 850.40 Mn |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 27.60 Mn |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | - |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 1.67 Bn |
| 10 | Bentley Systems | 9.44 Bn | 8.90 Bn | 336.74 Mn | 168.96 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 |
| Dec 31, 2021 | 4.57 Mn |
API Access
Duolingo Intangibles 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=intangibles&ticker=DUOL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=DUOL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();