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

Duolingo (DUOL) Price to Earnings (2021 - 2026)

Duolingo (DUOL) posted Price to Earnings of 324.44 for Q2 2026, up 52.77% on a QoQ basis from 212.37 in Q1 2026, and down 61.13% year-over-year from 834.74 in Q2 2025.

Analysis

Duolingo (DUOL) Price to Earnings (2021 - 2026) Analysis & Trends

Duolingo has reported Price to Earnings for 6 years, with the latest figure at 324.44 in Q2 2026.

  • On a quarterly basis, Price to Earnings fell 61.13% year-over-year to 324.44 in Q2 2026; TTM through Jun 2026 was 26.19, a 91.79% decrease from a year earlier, with the FY2025 full-year figure at 39.2, down 87.89% from the prior year.
  • Price to Earnings was 324.44 for Q2 2026 at Duolingo, up from 212.37 in the prior quarter.
  • The five-year high for Price to Earnings was 4914.17 in Q3 2023, with the low at 4508.32 in Q1 2023.
  • Average Price to Earnings over 5 years is 599.24, with a median of 544.58 recorded in 2024.
  • The largest YoY upside for Price to Earnings was 1292.18% in 2023 against a maximum downside of 1374.3% in 2023.
  • Over 5 years, Price to Earnings stood at 407.64 in 2022, then surged by 485.68% to 1572.19 in 2023, then surged by 31.15% to 2061.9 in 2024, then slumped by 81.23% to 386.93 in 2025, then slipped by 16.15% to 324.44 in 2026.
  • The last three Price to Earnings figures came in at 324.44 (Q2 2026), 212.37 (Q1 2026), and 386.93 (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 324.44
Mar 31, 2026 212.37
Dec 31, 2025 386.93
Sep 30, 2025 101.40
Jun 30, 2025 834.74
Mar 31, 2025 800.45
Dec 31, 2024 2,061.90
Sep 30, 2024 1,058.19
Jun 30, 2024 743.98
Mar 31, 2024 702.24
Dec 31, 2023 1,572.19
Sep 30, 2023 4,914.17
Jun 30, 2023 3,164.21
Mar 31, 2023 -4,508.32
Dec 31, 2022 -407.64
Sep 30, 2022 -412.20
Jun 30, 2022 -456.93
Mar 31, 2022 -305.79
Dec 31, 2021 -197.95
Sep 30, 2021 -215.03