Growth Metrics

Duolingo (DUOL) Net Margin (2020 - 2025)

Historic Net Margin for Duolingo (DUOL) over the last 6 years, with Q3 2025 value amounting to 107.54%.

  • Duolingo's Net Margin rose 954100.0% to 107.54% in Q3 2025 from the same period last year, while for Sep 2025 it was 40.03%, marking a year-over-year increase of 274400.0%. This contributed to the annual value of 11.84% for FY2024, which is 88200.0% up from last year.
  • Duolingo's Net Margin amounted to 107.54% in Q3 2025, which was up 954100.0% from 17.75% recorded in Q2 2025.
  • In the past 5 years, Duolingo's Net Margin registered a high of 107.54% during Q3 2025, and its lowest value of 45.55% during Q3 2021.
  • Moreover, its 5-year median value for Net Margin was 2.04% (2023), whereas its average is 2.16%.
  • Its Net Margin has fluctuated over the past 5 years, first plummeted by -385400bps in 2021, then surged by 954100bps in 2025.
  • Duolingo's Net Margin (Quarter) stood at 23.99% in 2021, then surged by 44bps to 13.42% in 2022, then skyrocketed by 160bps to 8.03% in 2023, then fell by -17bps to 6.64% in 2024, then skyrocketed by 1520bps to 107.54% in 2025.
  • Its last three reported values are 107.54% in Q3 2025, 17.75% for Q2 2025, and 15.23% during Q1 2025.