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Stocks/Consumer Discretionary/Education Services

DuolingoDUOL

Education Services
High qualityPricier than peers
$131.59−3.52%After hours: $131.50 (−0.07%)At the close, 30 Oct · Prices from CNBC, may be delayed
▼ 51.8% over 1 year
Duolingo over 1 yearDaily close, $, to 30 Oct 2026
$100$150$200$250Nov2026MarMayJulSep$131.59$100$200NovMarJul$131.59
Source: Nasdaq daily closes
Market value$6.16B
Price to earnings15.7x
Forward P/E49.6x
Dividend yield–
Year to date−25.0%
One year−51.8%
Next earningsTue 3 Nov, after the close
SectorConsumer Discretionary
52-week range (closes)
$90.03$270.64

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Quality and valuation

How Duolingo compares with other consumer discretionary stocks. A description, not a recommendation.

Duolingo and 5 education services peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: stronger than mostValuation: pricier than most

A stronger business than most consumer discretionary companies, priced above most of them.

Duolingo trades at 49.6 times the next 12 months of expected earnings, against a median of 19.5x for the 66 consumer discretionary stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew faster than the sector median: +29.4% vs +8.1%
  • Keeps more of each sale (gross margin): 72.7% vs 40.5%
  • Less profitable (operating margin): 13.7% vs 13.8%
  • Turns more of its sales into cash: 35.6% vs 10.1%
DUOL trades at 49.6x forward earnings, above the sector medianForward p/e, Education Services peers
BABA12.3xTM14.3xMCD19.6xHD21.4xAMZN25.7xTJX26.0xDUOL49.6xTSLA218.4xSector median 19.5xBABA12.3xTM14.3xMCD19.6xHD21.4xAMZN25.7xTJX26.0xDUOL49.6xTSLA218.4xSector median 19.5x
Source: CNBC quotes; Mostly Markets
At 15.7x earnings, DUOL is cheaper than its average since Aug 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
100x200xAverage 108.3x2025202615.7x100x200xAverage 108.3x2025202615.7x
Source: Nasdaq prices; SEC filings

Financials

From Duolingo's SEC filings, through the quarter ending 30 Jun 2026. Hover or tap a bar for its value.

Revenue grew 18.3% from a year earlierQuarterly revenue, $m, latest Q2 ’26
$0m$100m$200mQ3 ’24Q1 ’25Q3 ’25$298mQ2 ’26$0m$100m$200mQ3 ’24Q1 ’25Q3 ’25$298mQ2 ’26
Source: SEC filings
Growth slowed to +18.3% last quarterRevenue growth, year on year, %
0%20%40%Q3 ’24Q1 ’25Q3 ’2518.3%Q2 ’260%20%40%Q3 ’24Q1 ’25Q3 ’2518.3%Q2 ’26
Source: SEC filings
Operating margin was 11.4% last quarterOperating income as a share of revenue, %
0%5%10%15%Q3 ’24Q1 ’25Q3 ’2511.4%Q2 ’260%10%Q3 ’24Q1 ’25Q3 ’2511.4%Q2 ’26
Source: SEC filings
Free cash flow was $408 million over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $m
$0m$50m$100m$150mQ3 ’24Q1 ’25Q3 ’25$81mQ2 ’26$0m$100mQ3 ’24Q1 ’25Q3 ’25$81mQ2 ’26
Source: SEC filings
Last 12 monthsDUOLSector median
Revenue growth+29.4%+8.1%
Gross margin72.7%40.5%
Operating margin13.7%13.8%
Free cash flow margin35.6%10.1%
Price to earnings15.7x21.0x

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