Duolingo DUOL
NASDAQ DUOL
$154.46 -4.36 (-2.75%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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