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

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

Historic Data

Download Data
DateValue
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