Duolingo (DUOL) Price to Book (2021 - 2026)
Duolingo's (DUOL) Price to Book was 7.63 for Q2 2026, down 80.1% from 38.26 a year earlier but up 15.1% from the prior quarter.
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Analysis
Duolingo (DUOL) Price to Book (2021 - 2026) Analysis & Trends
For FY2025, Price to Book at Duolingo was 12.05, down 65.3% from FY2024.
- By year, Price to Book came in at 34.78 in FY2024 (+19.7%), 29.06 in FY2023 (+177.4%), 10.48 in FY2022 (+55.0%) and 6.76 in FY2021.
- Five-year quarterly Price to Book spans a low of 6.63 in Q1 2026 and a high of 38.26 in Q2 2025.
- Year over year, Price to Book has now declined in each of the last four quarters, with an average decline of 14.4% over the last eight quarters.
- The high point for year-over-year Price to Book in five years was Q1 2023 (growth of 188.6%); the low point was Q2 2026 (a decline of 80.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 6.63 (Q1 2026), 12.05 (Q4 2025) and 22.66 (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 | 45.35 Bn | 17.59 Bn | 695.95 Mn |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn |
| 10 | Bentley Systems | 9.44 Bn | 8.90 Bn | 336.74 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.63 |
| Mar 31, 2026 | 6.63 |
| Dec 31, 2025 | 12.05 |
| Sep 30, 2025 | 22.66 |
| Jun 30, 2025 | 38.26 |
| Mar 31, 2025 | 31.46 |
| Dec 31, 2024 | 34.78 |
| Sep 30, 2024 | 30.06 |
| Jun 30, 2024 | 23.62 |
| Mar 31, 2024 | 26.62 |
| Dec 31, 2023 | 29.06 |
| Sep 30, 2023 | 22.44 |
| Jun 30, 2023 | 19.76 |
| Mar 31, 2023 | 20.60 |
| Dec 31, 2022 | 10.48 |
| Sep 30, 2022 | 14.24 |
| Jun 30, 2022 | 13.01 |
| Mar 31, 2022 | 7.14 |
| Dec 31, 2021 | 6.76 |
| Sep 30, 2021 | 12.20 |
API Access
Duolingo Price to Book 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=price-to-book&ticker=DUOL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "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=price-to-book&ticker=DUOL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();