Duolingo (DUOL) Price to Sales (2021 - 2026)
Duolingo (DUOL) posted Price to Sales of 36.05 for Q2 2026, up 14.02% on a QoQ basis from 31.61 in Q1 2026, and down 75.67% year-over-year from 148.18 in Q2 2025.
Analysis
Duolingo (DUOL) Price to Sales (2021 - 2026) Analysis & Trends
Duolingo has reported Price to Sales for 6 years, with the latest figure at 36.05 in Q2 2026.
- On a quarterly basis, Price to Sales fell 75.67% year-over-year to 36.05 in Q2 2026; TTM through Jun 2026 was 9.4, a 77.75% decrease from a year earlier, with the FY2025 full-year figure at 15.65, down 59.19% from the prior year.
- Price to Sales was 36.05 for Q2 2026 at Duolingo, up from 31.61 in the prior quarter.
- The five-year high for Price to Sales was 148.18 in Q2 2025, with the low at 31.61 in Q1 2026.
- Average Price to Sales over 5 years is 92.29, with a median of 100.44 recorded in 2023.
- The sharpest annual moves came in 2023 and 2026: Price to Sales surged 130.7% in 2023, then slumped 75.67% in 2026.
- Over 5 years, Price to Sales stood at 54.69 in 2022, then surged by 130.7% to 126.17 in 2023, then gained by 8.45% to 136.84 in 2024, then tumbled by 58.06% to 57.39 in 2025, then plunged by 37.19% to 36.05 in 2026.
- The last three Price to Sales figures came in at 36.05 (Q2 2026), 31.61 (Q1 2026), and 57.39 (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 | 36.05 |
| Mar 31, 2026 | 31.61 |
| Dec 31, 2025 | 57.39 |
| Sep 30, 2025 | 109.04 |
| Jun 30, 2025 | 148.18 |
| Mar 31, 2025 | 121.88 |
| Dec 31, 2024 | 136.84 |
| Sep 30, 2024 | 128.35 |
| Jun 30, 2024 | 101.59 |
| Mar 31, 2024 | 112.98 |
| Dec 31, 2023 | 126.17 |
| Sep 30, 2023 | 100.23 |
| Jun 30, 2023 | 92.93 |
| Mar 31, 2023 | 100.64 |
| Dec 31, 2022 | 54.69 |
| Sep 30, 2022 | 79.15 |
| Jun 30, 2022 | 77.78 |
| Mar 31, 2022 | 45.76 |
| Dec 31, 2021 | 47.49 |
| Sep 30, 2021 | 97.95 |