Duolingo (DUOL) Share-based Compensation (2020 - 2026)
Duolingo (DUOL) posted Share-based Compensation of $38.2 million for Q2 2026, up 10.28% on a QoQ basis from $34.6 million in Q1 2026, and up 6.07% year-over-year from $36.0 million in Q2 2025.
Analysis
Duolingo (DUOL) Share-based Compensation (2020 - 2026) Analysis & Trends
Duolingo has reported Share-based Compensation for 7 years, with the latest figure at $38.2 million in Q2 2026.
- On a quarterly basis, Share-based Compensation rose 6.07% year-over-year to $38.2 million in Q2 2026; TTM through Jun 2026 was $109.1 million, a 12.69% increase from a year earlier, with the FY2025 full-year figure at $137.4 million, up 24.4% from the prior year.
- Share-based Compensation was $38.2 million for Q2 2026 at Duolingo, up from $34.6 million in the prior quarter.
- The five-year high for Share-based Compensation was $38.2 million in Q2 2026, with the low at $1.7 million in Q2 2024.
- Average Share-based Compensation over 5 years is $25.6 million, with a median of $27.4 million recorded in 2023.
- The largest YoY upside for Share-based Compensation was 2043.07% in 2025 against a maximum downside of 1.08% in 2025.
- Over 5 years, Share-based Compensation stood at $20.6 million in 2022, then grew by 21.18% to $25.0 million in 2023, then increased by 19.14% to $29.8 million in 2024, then rose by 21.74% to $36.3 million in 2025, then climbed by 5.37% to $38.2 million in 2026.
- The last three Share-based Compensation figures came in at $38.2 million (Q2 2026), $34.6 million (Q1 2026), and $36.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Share-based Compensation (Qtr) |
|---|---|---|---|---|---|
| 1 | Duolingo | 14.45 Bn | 13.13 Bn | 216.74 Mn | 38.21 Mn |
| 2 | Youdao | 3.62 Bn | 3.50 Bn | 105.66 Mn | - |
| 3 | Coursera | 1.59 Bn | 604.41 Mn | 173.40 Mn | 641.90 Mn |
| 4 | Docebo | 712.07 Mn | 666.36 Mn | 54.53 Mn | 2.46 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 | 3.85 Mn |
| 8 | Chegg | 94.28 Mn | 21.96 Mn | 28.28 Mn | 2.32 Mn |
| 9 | Skillsoft | 60.79 Mn | -57.58 Mn | 78.61 Mn | 2.84 Mn |
| 10 | Sunlands Technology | 39.07 Mn | 38.85 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 38.21 Mn |
| Mar 31, 2026 | 34.65 Mn |
| Dec 31, 2025 | 36.26 Mn |
| Jun 30, 2025 | 36.03 Mn |
| Mar 31, 2025 | 31.02 Mn |
| Dec 31, 2024 | 29.79 Mn |
| Jun 30, 2024 | 1.68 Mn |
| Mar 31, 2024 | 31.36 Mn |
| Dec 31, 2023 | 25.00 Mn |
| Mar 31, 2023 | 21.07 Mn |
| Dec 31, 2022 | 20.63 Mn |
| Sep 30, 2022 | 20.49 Mn |
| Jun 30, 2022 | 18.11 Mn |
| Mar 31, 2022 | 14.59 Mn |
| Dec 31, 2021 | 14.68 Mn |
| Sep 30, 2021 | 20.66 Mn |
| Jun 30, 2021 | 2.91 Mn |
| Mar 31, 2021 | 2.55 Mn |
| Dec 31, 2020 | 12.51 Mn |
| Sep 30, 2020 | 1.68 Mn |