Duolingo (DUOL) Price to FCF (2021 - 2026)
Duolingo (DUOL) posted Price to FCF of 129.42 for Q2 2026, up 108.75% on a QoQ basis from 62.0 in Q1 2026, and down 69.7% year-over-year from 427.1 in Q2 2025.
Analysis
Duolingo (DUOL) Price to FCF (2021 - 2026) Analysis & Trends
Duolingo has reported Price to FCF for 6 years, with the latest figure at 129.42 in Q2 2026.
- On a quarterly basis, Price to FCF fell 69.7% year-over-year to 129.42 in Q2 2026; TTM through Jun 2026 was 26.25, a 77.09% decrease from a year earlier, with the FY2025 full-year figure at 43.91, down 58.14% from the prior year.
- Price to FCF was 129.42 for Q2 2026 at Duolingo, up from 62.0 in the prior quarter.
- The five-year high for Price to FCF was 1138.18 in Q3 2022, with the low at 62.0 in Q1 2026.
- Average Price to FCF over 5 years is 375.14, with a median of 358.31 recorded in 2024.
- The sharpest annual moves came in 2023 and 2026: Price to FCF jumped 109.0% in 2023, then slumped 77.0% in 2026.
- Over 5 years, Price to FCF stood at 501.8 in 2022, then fell by 21.35% to 394.67 in 2023, then declined by 10.72% to 352.35 in 2024, then slumped by 52.28% to 168.13 in 2025, then slipped by 23.03% to 129.42 in 2026.
- The last three Price to FCF figures came in at 129.42 (Q2 2026), 62.0 (Q1 2026), and 168.13 (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
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 129.42 |
| Mar 31, 2026 | 62.00 |
| Dec 31, 2025 | 168.13 |
| Sep 30, 2025 | 364.28 |
| Jun 30, 2025 | 427.10 |
| Mar 31, 2025 | 269.59 |
| Dec 31, 2024 | 352.35 |
| Sep 30, 2024 | 465.62 |
| Jun 30, 2024 | 318.81 |
| Mar 31, 2024 | 230.57 |
| Dec 31, 2023 | 394.67 |
| Sep 30, 2023 | 373.91 |
| Jun 30, 2023 | 324.34 |
| Mar 31, 2023 | 402.46 |
| Dec 31, 2022 | 501.80 |
| Sep 30, 2022 | 1,138.18 |
| Jun 30, 2022 | 636.65 |
| Mar 31, 2022 | 192.57 |
| Dec 31, 2021 | -38,103.88 |
| Sep 30, 2021 | 1,818.26 |