Duolingo (DUOL) Market Capitalization (2021 - 2026)
Duolingo (DUOL) reported Market Capitalization of $10.76 billion for Q2 2026, down 71.2% from $37.38 billion a year earlier but up 16.6% from the prior quarter.
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Analysis
Duolingo (DUOL) Market Capitalization (2021 - 2026) Analysis & Trends
For FY2025, Duolingo posted Market Capitalization of $16.23 billion, down 43.4% from FY2024.
- Market Capitalization has a four-year compound annual growth rate of 47.1% (FY2021 to FY2025).
- By year, Market Capitalization came in at $28.67 billion in FY2024 (+50.5%), $19.05 billion in FY2023 (+235.5%), $5.68 billion in FY2022 (+63.8%) and $3.47 billion in FY2021.
- Five-year quarterly Market Capitalization spans a low of $3.47 billion in Q4 2021 and a high of $37.38 billion in Q2 2025.
- Year over year, Market Capitalization has now declined in each of the last three quarters, with growth averaging 15.3% over the last eight quarters.
- The high point for year-over-year Market Capitalization in five years was Q4 2023 (growth of 235.5%); the low point was Q2 2026 (a decline of 71.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $9.23 billion (Q1 2026), $16.23 billion (Q4 2025) and $29.63 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - |
| 2 | Veeva Systems | 45.09 Bn | 17.34 Bn | 695.95 Mn |
| 3 | Samsara | 22.22 Bn | 18.99 Bn | 392.58 Mn |
| 4 | Toast | 17.58 Bn | 10.25 Bn | 516.00 Mn |
| 5 | Ptc | 15.23 Bn | 14.05 Bn | 490.47 Mn |
| 6 | Trimble | 13.37 Bn | 12.44 Bn | 674.90 Mn |
| 7 | Duolingo | 13.34 Bn | 8.51 Bn | 216.74 Mn |
| 8 | Manhattan Associates | 11.67 Bn | 10.66 Bn | 168.33 Mn |
| 9 | Costar | 10.92 Bn | 4.88 Bn | 728.00 Mn |
| 10 | Bentley Systems | 9.39 Bn | 8.85 Bn | 336.74 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 |
API Access
Duolingo Market Capitalization 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=market-capitalization&ticker=DUOL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "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=market-capitalization&ticker=DUOL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();