Duolingo, Inc. (DUOL) stock

DUOLNasdaqServices-Prepackaged SoftwareFiscal year ends December 31

Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 4, 2026Score 15/3030% above fair value

$165.31+7.89 (+5.01%)

Close on Nov 13, 2026Market cap $7.73BP/E 55.5Yield –

Duolingo ebitda

EBITDA is earnings before interest, taxes, depreciation and amortization, a rough measure of cash profit from operations.

Duolingo's ebitda for the twelve months ending Sep 30, 2026 was $162.65M, up 35.3% year over year. For fiscal 2025 it was $149.96M, up 104.2% from the year before. The highest annual figure on record is $149.96M in fiscal 2025.

Annual ebitda

Period	Period end	Value	Change
FY2025	Dec 31, 2025	$149.96M	+104.2%
FY2024	Dec 31, 2024	$73.45M	–
FY2023	Dec 31, 2023	-$6.16M	–
FY2022	Dec 31, 2022	-$60.33M	–
FY2021	Dec 31, 2021	-$57.28M	–
FY2020	Dec 31, 2020	-$13.76M	–

Quarterly ebitda

Change is against the same quarter a year earlier.

Period	Period end	Value	Change
Q3 FY2026	Sep 30, 2026	$28.48M	-26.4%
Q2 FY2026	Jun 30, 2026	$38.19M	+3.8%
Q1 FY2026	Mar 31, 2026	$48.72M	+79.2%
Q4 FY2025	Dec 31, 2025	$47.26M	+169.4%
Q3 FY2025	Sep 30, 2025	$38.71M	+135.3%
Q2 FY2025	Jun 30, 2025	$36.80M	+75.7%
Q1 FY2025	Mar 31, 2025	$27.18M	+46.8%
Q4 FY2024	Dec 31, 2024	$17.54M	+156.6%
Q3 FY2024	Sep 30, 2024	$16.45M	–
Q2 FY2024	Jun 30, 2024	$20.94M	–
Q1 FY2024	Mar 31, 2024	$18.51M	–
Q4 FY2023	Dec 31, 2023	$6.84M	–
Q3 FY2023	Sep 30, 2023	-$3.01M	–
Q2 FY2023	Jun 30, 2023	-$3.23M	–
Q1 FY2023	Mar 31, 2023	-$6.76M	–
Q4 FY2022	Dec 31, 2022	-$16.71M	–
Q3 FY2022	Sep 30, 2022	-$18.68M	–
Q2 FY2022	Jun 30, 2022	-$13.86M	-8874.7%
Q1 FY2022	Mar 31, 2022	-$11.07M	–
Q4 FY2021	Dec 31, 2021	-$16.66M	–
Q3 FY2021	Sep 30, 2021	-$27.97M	–
Q2 FY2021	Jun 30, 2021	$158.00K	–
Q1 FY2021	Mar 31, 2021	-$12.81M	–
Q4 FY2020	Dec 31, 2020	-$9.96M	–
Q3 FY2020	Sep 30, 2020	-$2.44M	–