Duolingo (DUOL) Retained Earnings (2020 - 2026)
Duolingo's Retained Earnings was $364.84 million in Q2 2026, compared with -$45.93 million a year earlier and up 10.0% from the prior quarter.
Analysis
Duolingo (DUOL) Retained Earnings (2020 - 2026) Analysis & Trends
At the end of FY2025, Retained Earnings at Duolingo came in at $288.22 million.
- In earlier years, Retained Earnings was -$125.85 million in FY2024, -$214.42 million in FY2023, -$230.49 million in FY2022 and -$170.91 million in FY2021.
- The Q2 2026 figure marks the highest quarterly Retained Earnings in data going back to Q4 2020.
- Per Business Quant data, DUOL's Retained Earnings in the three quarters before Q2 2026 was $331.68 million (Q1 2026), $288.22 million (Q4 2025) and $246.26 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | -117.77 Mn |
| 2 | Veeva Systems | 45.09 Bn | 17.34 Bn | 695.95 Mn | 4.90 Bn |
| 3 | Samsara | 22.22 Bn | 18.99 Bn | 392.58 Mn | -1.56 Bn |
| 4 | Toast | 17.58 Bn | 10.25 Bn | 516.00 Mn | -982.00 Mn |
| 5 | Ptc | 15.23 Bn | 14.05 Bn | 490.47 Mn | 2.96 Bn |
| 6 | Trimble | 13.37 Bn | 12.44 Bn | 674.90 Mn | 2.70 Bn |
| 7 | Duolingo | 13.34 Bn | 8.51 Bn | 216.74 Mn | 364.84 Mn |
| 8 | Manhattan Associates | 11.67 Bn | 10.66 Bn | 168.33 Mn | 193.95 Mn |
| 9 | Costar | 10.92 Bn | 4.88 Bn | 728.00 Mn | - |
| 10 | Bentley Systems | 9.39 Bn | 8.85 Bn | 336.74 Mn | -63.45 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 364.84 Mn |
| Mar 31, 2026 | 331.68 Mn |
| Dec 31, 2025 | 288.22 Mn |
| Sep 30, 2025 | 246.26 Mn |
| Jun 30, 2025 | -45.93 Mn |
| Mar 31, 2025 | -90.71 Mn |
| Dec 31, 2024 | -125.85 Mn |
| Sep 30, 2024 | -139.75 Mn |
| Jun 30, 2024 | -163.11 Mn |
| Mar 31, 2024 | -187.47 Mn |
| Dec 31, 2023 | -214.42 Mn |
| Sep 30, 2023 | -226.54 Mn |
| Jun 30, 2023 | -229.35 Mn |
| Mar 31, 2023 | -233.07 Mn |
| Dec 31, 2022 | -230.49 Mn |
| Sep 30, 2022 | -216.56 Mn |
| Jun 30, 2022 | -198.11 Mn |
| Mar 31, 2022 | -183.07 Mn |
| Dec 31, 2021 | -170.91 Mn |
| Sep 30, 2021 | -153.40 Mn |
API Access
Duolingo Retained Earnings 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=retained-earnings&ticker=DUOL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "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=retained-earnings&ticker=DUOL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();