Duolingo (DUOL) Net Margin (2020 - 2026)
Duolingo's quarterly Net Margin came in at 14.89% in Q1 2026, down 34.0% year-on-year from 22.55% in Q1 2025, and little changed quarter-over-quarter from 14.83% in Q4 2025.
Duolingo has reported Net Margin for 7 years, with the latest figure at 14.89% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin fell 34.0% year-over-year to 14.89%; the trailing twelve-month figure through Mar 2026 stood at 38.44% (up 2651.0% YoY), and the FY2025 full-year result was 39.91%, up 2807.0% from the prior year.
- Net Margin for Q1 2026 stood at 14.89%, roughly flat from 14.83% in the prior quarter.
- The five-year high for Net Margin was 107.54% in Q3 2025, with the low at 19.2% in Q3 2022.
- Average Net Margin over 5 years is 9.7%, with a median of 8.03% recorded in 2023.
- Year-over-year, Net Margin plunged 1672 bps in 2022 and soared 9541 bps in 2025.
- Tracing DUOL's Net Margin over 5 years: stood at 13.42% in 2022, then soared by 160 bps to 8.03% in 2023, then decreased by 17 bps to 6.64% in 2024, then soared by 123 bps to 14.83% in 2025, then climbed by 0 bps to 14.89% in 2026.
- The last three Net Margin figures came in at 14.89% (Q1 2026), 14.83% (Q4 2025), and 107.54% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 20.22% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 17.47% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 2.29% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | -18.33% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 12.44% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 22.77% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 29.52% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 22.90% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 35.80% |
| 10 | Duolingo | 4.99 Bn | 3.74 Bn | 213.10 Mn | 14.89% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 14.89% |
| Dec 31, 2025 | 14.83% |
| Sep 30, 2025 | 107.54% |
| Jun 30, 2025 | 17.75% |
| Mar 31, 2025 | 15.23% |
| Dec 31, 2024 | 6.64% |
| Sep 30, 2024 | 12.13% |
| Jun 30, 2024 | 13.66% |
| Mar 31, 2024 | 16.09% |
| Dec 31, 2023 | 8.03% |
| Sep 30, 2023 | 2.04% |
| Jun 30, 2023 | 2.94% |
| Mar 31, 2023 | -2.23% |
| Dec 31, 2022 | -13.42% |
| Sep 30, 2022 | -19.20% |
| Jun 30, 2022 | -17.02% |
| Mar 31, 2022 | -14.96% |
| Dec 31, 2021 | -23.99% |
| Sep 30, 2021 | -45.55% |
| Jun 30, 2021 | -0.30% |
| Mar 31, 2021 | -24.34% |
| Dec 31, 2020 | -21.56% |
| Sep 30, 2020 | -7.01% |
| Jun 30, 2020 | 0.10% |