Duolingo (DUOL) Retained Earnings (2020 - 2026)
Duolingo (DUOL) posted Retained Earnings of $1.0 billion for Q2 2026, down 1.71% on a QoQ basis from $1.1 billion in Q1 2026, and up 2.28% year-over-year from $1.0 billion in Q2 2025.
Analysis
Duolingo (DUOL) Retained Earnings (2020 - 2026) Analysis & Trends
Duolingo has reported Retained Earnings for 7 years, with the latest figure at $1.0 billion in Q2 2026.
- On a quarterly basis, Retained Earnings rose 2.28% year-over-year to $1.0 billion in Q2 2026; TTM through Jun 2026 was $1.0 billion, a 2.28% increase from a year earlier, with the FY2025 full-year figure at $1.1 billion, up 11.4% from the prior year.
- Retained Earnings was $1.0 billion for Q2 2026 at Duolingo, down from $1.1 billion in the prior quarter.
- The five-year high for Retained Earnings was $1.1 billion in Q1 2026, with the low at $703.8 million in Q1 2022.
- Average Retained Earnings over 5 years is $903.8 million, with a median of $914.3 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2026: Retained Earnings surged 683.74% in 2022, then climbed 2.28% in 2026.
- Over 5 years, Retained Earnings stood at $772.6 million in 2022, then increased by 12.6% to $869.9 million in 2023, then increased by 9.25% to $950.4 million in 2024, then gained by 11.4% to $1.1 billion in 2025, then decreased by 1.18% to $1.0 billion in 2026.
- The last three Retained Earnings figures came in at $1.0 billion (Q2 2026), $1.1 billion (Q1 2026), and $1.1 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Duolingo | 14.45 Bn | 13.13 Bn | 216.74 Mn | 1.05 Bn |
| 2 | Youdao | 3.62 Bn | 3.50 Bn | 105.66 Mn | - |
| 3 | Coursera | 1.59 Bn | 604.41 Mn | 173.40 Mn | 2.18 Bn |
| 4 | Docebo | 712.07 Mn | 666.36 Mn | 54.53 Mn | -230.47 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 | 139.28 Mn |
| 7 | Nerdy | 119.95 Mn | 90.19 Mn | 27.98 Mn | 623.77 Mn |
| 8 | Chegg | 94.28 Mn | 21.96 Mn | 28.28 Mn | -995.59 Mn |
| 9 | Skillsoft | 60.79 Mn | -57.58 Mn | 78.61 Mn | -1.63 Bn |
| 10 | Sunlands Technology | 39.07 Mn | 38.85 Mn | - | -195.39 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.05 Bn |
| Mar 31, 2026 | 1.06 Bn |
| Dec 31, 2025 | 1.06 Bn |
| Sep 30, 2025 | 1.06 Bn |
| Jun 30, 2025 | 1.02 Bn |
| Mar 31, 2025 | 984.53 Mn |
| Dec 31, 2024 | 950.39 Mn |
| Sep 30, 2024 | 962.20 Mn |
| Jun 30, 2024 | 930.05 Mn |
| Mar 31, 2024 | 898.51 Mn |
| Dec 31, 2023 | 869.92 Mn |
| Sep 30, 2023 | 841.35 Mn |
| Jun 30, 2023 | 825.75 Mn |
| Mar 31, 2023 | 798.25 Mn |
| Dec 31, 2022 | 772.56 Mn |
| Sep 30, 2022 | 750.38 Mn |
| Jun 30, 2022 | 726.33 Mn |
| Mar 31, 2022 | 703.78 Mn |
| Dec 31, 2021 | 683.97 Mn |
| Sep 30, 2021 | 664.12 Mn |