Duolingo (DUOL) Tax Rate (2020 - 2026)
Duolingo's Tax Rate was 26.91% in Q2 2026, up 23.32 percentage points from 3.59% a year earlier and up 5.14 percentage points from the prior quarter.
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Analysis
Duolingo (DUOL) Tax Rate (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Duolingo's Tax Rate was -103.48% through Jun 30, 2026, down 112.78 percentage points year-over-year; for FY2025, it came in at -127.00%, down 140.42 percentage points from FY2024.
- Tax Rate shows a five-year change of -126.56 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 13.42% in FY2024 (+3.80 pp), 9.62% in FY2023 (+11.22 pp), -1.60% in FY2022 (-1.30 pp) and -0.30% in FY2021 (+0.14 pp).
- The Q2 2026 figure marks the highest quarterly Tax Rate since Q4 2024.
- Compared with a year earlier, Tax Rate was higher in five of the last eight quarters, with an average year-over-year change of -61.56 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q2 2024 (a gain of 69.76 percentage points); the worst was Q3 2025 (a drop of 537.06 percentage points).
- Per Business Quant data, DUOL's Tax Rate in the three quarters before Q2 2026 was 21.77% (Q1 2026), 23.02% (Q4 2025) and -529.07% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 49.47 Bn | 21.72 Bn | 695.95 Mn | 21.77% |
| 3 | Trimble | 27.38 Bn | 26.46 Bn | 659.10 Mn | 51.28% |
| 4 | Samsara | 24.21 Bn | 20.98 Bn | 392.58 Mn | 7.42% |
| 5 | Ptc | 21.76 Bn | 21.76 Bn | 557.39 Mn | - |
| 6 | Toast | 20.03 Bn | 12.67 Bn | 543.00 Mn | 3.98% |
| 7 | Manhattan Associates | 14.95 Bn | 14.01 Bn | 174.30 Mn | 25.99% |
| 8 | Duolingo | 14.72 Bn | 9.64 Bn | 225.13 Mn | 23.62% |
| 9 | Bentley Systems | 13.66 Bn | 13.13 Bn | 349.55 Mn | 22.07% |
| 10 | Costar | 12.20 Bn | 7.61 Bn | 741.00 Mn | 11.90% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 23.62% |
| Jun 30, 2026 | 26.91% |
| Mar 31, 2026 | 21.77% |
| Dec 31, 2025 | 23.02% |
| Jun 30, 2025 | 3.59% |
| Dec 31, 2024 | 37.78% |
| Sep 30, 2024 | 7.99% |
| Jun 30, 2024 | 15.19% |
| Dec 31, 2023 | 19.93% |
| Sep 30, 2023 | 4.26% |
| Jun 30, 2020 | 21.57% |
API Access
Duolingo Tax Rate 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=tax-rate&ticker=DUOL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=DUOL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();