Duolingo (DUOL) Return on Assets [ROA] (2021 - 2026)
Duolingo (DUOL) recorded Return on Assets [ROA] of 19.88% in Q2 2026, up 11.93 percentage points from 7.96% a year earlier but down 0.98 percentage points from the prior quarter.
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Analysis
Duolingo (DUOL) Return on Assets [ROA] (2021 - 2026) Analysis & Trends
For FY2025, Duolingo reported Return on Assets [ROA] of 25.14%, up 17.29 percentage points from FY2024.
- Annual Return on Assets [ROA] has increased for four straight years, with a four-year change of +39.51 percentage points (FY2021 to FY2025).
- Across earlier years, Return on Assets [ROA] came in at 7.85% in FY2024 (+5.96 pp), 1.89% in FY2023 (+10.35 pp), -8.46% in FY2022 (+5.91 pp) and -14.37% in FY2021.
- Quarterly Return on Assets [ROA] has ranged from -13.27% in Q3 2021 to 22.52% in Q3 2025 over the past five years.
- On a year-over-year basis, Return on Assets [ROA] has increased for 16 consecutive quarters, with an average year-over-year change of +9.19 percentage points over the last eight quarters.
- Over the past five years, the year-over-year gain in Return on Assets [ROA] ranged from 1.25 percentage points (Q4 2022) to 15.16 percentage points (Q3 2025).
- Per Business Quant, the preceding three quarters came in at 20.86% (Q1 2026), 21.36% (Q4 2025) and 22.52% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | -10,997.11% |
| 2 | Veeva Systems | 49.47 Bn | 21.72 Bn | 695.95 Mn | 10.67% |
| 3 | Trimble | 27.38 Bn | 26.46 Bn | 659.10 Mn | 1.29% |
| 4 | Samsara | 24.21 Bn | 20.98 Bn | 392.58 Mn | 3.36% |
| 5 | Ptc | 21.76 Bn | 21.76 Bn | 557.39 Mn | 15.62% |
| 6 | Toast | 20.03 Bn | 12.67 Bn | 543.00 Mn | 16.78% |
| 7 | Manhattan Associates | 14.95 Bn | 14.01 Bn | 174.30 Mn | 29.38% |
| 8 | Duolingo | 14.72 Bn | 9.64 Bn | 225.13 Mn | 6.87% |
| 9 | Bentley Systems | 13.66 Bn | 13.13 Bn | 349.55 Mn | 9.02% |
| 10 | Costar | 12.20 Bn | 7.61 Bn | 741.00 Mn | 1.75% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.87% |
| Jun 30, 2026 | 19.88% |
| Mar 31, 2026 | 20.86% |
| Dec 31, 2025 | 21.36% |
| Sep 30, 2025 | 22.52% |
| Jun 30, 2025 | 7.96% |
| Mar 31, 2025 | 7.15% |
| Dec 31, 2024 | 7.03% |
| Sep 30, 2024 | 7.36% |
| Jun 30, 2024 | 6.00% |
| Mar 31, 2024 | 4.51% |
| Dec 31, 2023 | 1.76% |
| Sep 30, 2023 | -1.17% |
| Jun 30, 2023 | -3.84% |
| Mar 31, 2023 | -6.50% |
| Dec 31, 2022 | -8.15% |
| Sep 30, 2022 | -8.93% |
| Jun 30, 2022 | -10.64% |
| Mar 31, 2022 | -8.74% |
| Dec 31, 2021 | -9.40% |
API Access
Duolingo Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=DUOL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=DUOL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();