Duolingo (DUOL) Market Capitalization (2021 - 2026)
Duolingo (DUOL) posted Market Capitalization of $10.8 billion for Q2 2026, up 16.56% on a QoQ basis from $9.2 billion in Q1 2026, and down 71.22% year-over-year from $37.4 billion in Q2 2025.
Analysis
Duolingo (DUOL) Market Capitalization (2021 - 2026) Analysis & Trends
Duolingo has reported Market Capitalization for 6 years, with the latest figure at $10.8 billion in Q2 2026.
- On a quarterly basis, Market Capitalization fell 71.22% year-over-year to $10.8 billion in Q2 2026; TTM through Jun 2026 was $10.8 billion, a 71.22% decrease from a year earlier, with the FY2025 full-year figure at $16.2 billion, down 43.39% from the prior year.
- Market Capitalization was $10.8 billion for Q2 2026 at Duolingo, up from $9.2 billion in the prior quarter.
- The five-year high for Market Capitalization was $37.4 billion in Q2 2025, with the low at $3.7 billion in Q1 2022.
- Average Market Capitalization over 5 years is $16.8 billion, with a median of $15.0 billion recorded in 2023.
- The sharpest annual moves came in 2023 and 2026: Market Capitalization surged 235.49% in 2023, then plunged 71.22% in 2026.
- Over 5 years, Market Capitalization stood at $5.7 billion in 2022, then soared by 235.49% to $19.1 billion in 2023, then surged by 50.52% to $28.7 billion in 2024, then sank by 43.39% to $16.2 billion in 2025, then sank by 33.73% to $10.8 billion in 2026.
- The last three Market Capitalization figures came in at $10.8 billion (Q2 2026), $9.2 billion (Q1 2026), and $16.2 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Duolingo | 14.45 Bn | 13.13 Bn | 216.74 Mn |
| 2 | Youdao | 3.62 Bn | 3.50 Bn | 105.66 Mn |
| 3 | Coursera | 1.59 Bn | 604.41 Mn | 173.40 Mn |
| 4 | Docebo | 712.07 Mn | 666.36 Mn | 54.53 Mn |
| 5 | 51Talk Online Education | 344.94 Mn | 309.51 Mn | 22.97 Mn |
| 6 | iHuman | 124.70 Mn | -34.09 Mn | 17.68 Mn |
| 7 | Nerdy | 119.95 Mn | 90.19 Mn | 27.98 Mn |
| 8 | Chegg | 94.28 Mn | 21.96 Mn | 28.28 Mn |
| 9 | Skillsoft | 60.79 Mn | -57.58 Mn | 78.61 Mn |
| 10 | Sunlands Technology | 39.07 Mn | 38.85 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.76 Bn |
| Mar 31, 2026 | 9.23 Bn |
| Dec 31, 2025 | 16.23 Bn |
| Sep 30, 2025 | 29.63 Bn |
| Jun 30, 2025 | 37.38 Bn |
| Mar 31, 2025 | 28.12 Bn |
| Dec 31, 2024 | 28.67 Bn |
| Sep 30, 2024 | 24.72 Bn |
| Jun 30, 2024 | 18.12 Bn |
| Mar 31, 2024 | 18.93 Bn |
| Dec 31, 2023 | 19.05 Bn |
| Sep 30, 2023 | 13.79 Bn |
| Jun 30, 2023 | 11.79 Bn |
| Mar 31, 2023 | 11.64 Bn |
| Dec 31, 2022 | 5.68 Bn |
| Sep 30, 2022 | 7.60 Bn |
| Jun 30, 2022 | 6.87 Bn |
| Mar 31, 2022 | 3.72 Bn |
| Dec 31, 2021 | 3.47 Bn |
| Sep 30, 2021 | 6.23 Bn |