Duolingo (DUOL) Operating Margin (2020 - 2026)

Duolingo (DUOL) posted quarterly Operating Margin of 15.25% for Q1 2026, up 503.0% year-over-year from 2.53% in Q1 2025, and down 0.72% quarter-over-quarter from 15.36% in Q4 2025.

Duolingo (DUOL) Operating Margin (2020 - 2026) Analysis & Trends

Duolingo's Operating Margin history runs 7 years deep, the most recent figure standing at 15.25% for Q1 2026.

  • In Q1 2026, Operating Margin rose 503.0% year-over-year to 15.25%; the TTM figure through Mar 2026 stood at 14.24% (up 564.0% YoY), while the FY2025 annual figure was 13.07%, up 470.0% from the prior year.
  • Operating Margin for Q1 2026 stood at 15.25%, down from 15.36% in the prior quarter.
  • The five-year high for Operating Margin was 15.36% in Q4 2025, with the low at 20.99% in Q3 2022.
  • The 5-year median for Operating Margin is 6.62% (2024), against an average of 1.15%.
  • Peak annual rise in Operating Margin reached 2414 bps in 2022, while the deepest fall reached 1620 bps in 2022.
  • Duolingo's Operating Margin stood at 17.48% in 2022, then surged by 118 bps to 3.18% in 2023, then soared by 109 bps to 6.62% in 2024, then jumped by 132 bps to 15.36% in 2025, then dropped by 1 bps to 15.25% in 2026.
  • Business Quant data shows DUOL's Operating Margin at 15.25% in Q1 2026, 15.36% in Q4 2025, and 12.94% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn 27.70%
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn 13.62%
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn 21.08%
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn 13.32%
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn 4.06%
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn -23.45%
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn -33.33%
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn 33.82%
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn 46.97%
10 Duolingo 12.42 Bn 11.10 Bn 216.74 Mn 11.37%

Historic Data

Download Data
DateValue
Jun 30, 2026 11.37%
Mar 31, 2026 15.25%
Dec 31, 2025 15.36%
Sep 30, 2025 12.94%
Jun 30, 2025 13.23%
Mar 31, 2025 10.23%
Dec 31, 2024 6.62%
Sep 30, 2024 7.05%
Jun 30, 2024 10.49%
Mar 31, 2024 9.81%
Dec 31, 2023 3.18%
Sep 30, 2023 -3.39%
Jun 30, 2023 -3.84%
Mar 31, 2023 -7.37%
Dec 31, 2022 -17.48%
Sep 30, 2022 -20.99%
Jun 30, 2022 -17.01%
Mar 31, 2022 -14.59%
Dec 31, 2021 -23.85%
Sep 30, 2021 -45.13%