Duolingo (DUOL) Tax Rate (2020 - 2026)
Duolingo (DUOL) posted Tax Rate of 26.91% for Q2 2026, up 23.63% on a QoQ basis from 21.77% in Q1 2026, and up 2332.0% year-over-year from 1.11% in Q2 2025.
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Analysis
Duolingo (DUOL) Tax Rate (2020 - 2026) Analysis & Trends
Duolingo has reported Tax Rate for 7 years, with the latest figure at 26.91% in Q2 2026.
- On a quarterly basis, Tax Rate rose 2332.0% year-over-year to 26.91% in Q2 2026; TTM through Jun 2026 was 103.48%, a 11278.0% decrease from a year earlier, with the FY2025 full-year figure at 127.0%, down 14042.0% from the prior year.
- Tax Rate was 26.91% for Q2 2026 at Duolingo, up from 21.77% in the prior quarter.
- The five-year high for Tax Rate was 37.78% in Q4 2024, with the low at 529.07% in Q3 2025.
- Average Tax Rate over 5 years is 23.91%, with a median of 3.93% recorded in 2023.
- The sharpest annual moves came in 2024 and 2025: Tax Rate jumped 6976 bps in 2024, then tumbled 53706 bps in 2025.
- Over 5 years, Tax Rate stood at 5.42% in 2022, then jumped by 468 bps to 19.93% in 2023, then surged by 90 bps to 37.78% in 2024, then sank by 39 bps to 23.02% in 2025, then climbed by 17 bps to 26.91% in 2026.
- The last three Tax Rate figures came in at 26.91% (Q2 2026), 21.77% (Q1 2026), and 23.02% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Duolingo | 14.45 Bn | 13.13 Bn | 216.74 Mn | 26.91% |
| 2 | Youdao | 3.62 Bn | 3.50 Bn | 105.66 Mn | -13.04% |
| 3 | Coursera | 1.59 Bn | 604.41 Mn | 173.40 Mn | -2.68% |
| 4 | Docebo | 712.07 Mn | 666.36 Mn | 54.53 Mn | -50.84% |
| 5 | 51Talk Online Education | 344.94 Mn | 309.51 Mn | 22.97 Mn | 26.65% |
| 6 | iHuman | 124.70 Mn | -34.09 Mn | 17.68 Mn | -0.15% |
| 7 | Nerdy | 119.95 Mn | 90.19 Mn | 27.98 Mn | -0.50% |
| 8 | Chegg | 94.28 Mn | 21.96 Mn | 28.28 Mn | -15.32% |
| 9 | Skillsoft | 60.79 Mn | -57.58 Mn | 78.61 Mn | -5.90% |
| 10 | Sunlands Technology | 39.07 Mn | 38.85 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.91% |
| Mar 31, 2026 | 21.77% |
| Dec 31, 2025 | 23.02% |
| Sep 30, 2025 | -529.07% |
| Jun 30, 2025 | 3.59% |
| Mar 31, 2025 | -0.36% |
| Dec 31, 2024 | 37.78% |
| Sep 30, 2024 | 7.99% |
| Jun 30, 2024 | 15.19% |
| Mar 31, 2024 | -4.27% |
| Dec 31, 2023 | 19.93% |
| Sep 30, 2023 | 4.26% |
| Jun 30, 2023 | -54.56% |
| Mar 31, 2023 | 4.30% |
| Dec 31, 2022 | -5.42% |
| Sep 30, 2022 | -0.29% |
| Jun 30, 2022 | -0.95% |
| Mar 31, 2022 | -0.23% |
| Dec 31, 2021 | -0.62% |
| Sep 30, 2021 | -0.18% |