Stocks · Technology · Software - Application
Duolingo, Inc. DUOL
$144.27 -1.57% Close, Oct 2, 2026 · NASDAQ · Market cap $6.72B
Strong growth
Next earnings report: Nov 4, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $8.34, up 247.5% year over year.
- Over the past year the stock returned -52.5%, behind the S&P 500 by 67.6 percentage points.
- Earnings beat analyst estimates in each of the last 6 quarters (average surprise over the last four: +100.0%).
PromtFinance scores
Each score is a percentile within the Technology sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 19%
- EPS growth (TTM, YoY)Top 8%
- FCF growth (TTM, YoY)Top 46%
- Revenue growth, 3-year CAGRTop 6%
- Revenue growth accelerationBottom 10%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 24%
- Gross marginTop 24%
- Operating marginTop 26%
- Cash conversion (OCF / net income)Bottom 20%
- Accruals (lower is better)Bottom 17%
- Net debt / EBITDA (lower is better)Top 9%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 13%
- Free-cash-flow yieldTop 28%
- EBITDA / enterprise valueTop 44%
- Sales / enterprise valueBottom 44%
- P/E vs own 5-year history (lower is better)Top 29%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 10%
- 6-month returnTop 30%
- 1-year return vs S&P 500Bottom 9%
- Distance from 52-week highBottom 12%
- Trend checklist (0–4)Top 44%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 4%
- Consecutive EPS beatsTop 32%
- Share of analysts rating BuyBottom 14%
- Upside to consensus price targetBottom 14%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 47%
- Maximum drawdown, 3 yearsBottom 10%
- Beta vs S&P 500 (lower is better)Bottom 46%
- Net debt / EBITDA (lower is better)Top 9%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 35.5% | 29.4% | ↓ |
| EPS growth (YoY) | 329.5% | 247.5% | ↓ |
| Gross margin | 71.4% | 72.3% | ↑ |
| Operating margin | 9.7% | 14.2% | ↑ |
| FCF margin | 37.1% | 35.4% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 29.4% | 35.5% | ↓ | Top 19% |
| EPS growth (TTM, YoY) | 247.5% | 329.5% | ↓ | Top 8% |
| Gross margin | 72.3% | 71.4% | ↑ | Top 24% |
| Operating margin | 14.2% | 9.7% | ↑ | Top 26% |
| Net margin | 35.9% | 13.2% | ↑ | — |
| Free-cash-flow margin | 35.4% | 37.1% | ↓ | — |
| Return on invested capital | 10.8% | — | Top 24% | |
| Revenue growth, 3-year CAGR | 41.1% | — | Top 6% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.05×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -1.0%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 12.6%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -64.7 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- -5.30×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- 0.92%
- Shareholder yield
- 0.92%
- Share count change, 1 year
- +2.1%
- Share count change, 3-year CAGR
- +2.2%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 6, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 6
- Beats in the last 8 reports
- 7 of 8
- Average EPS surprise, last 4
- +100.0%
- Average 2-day reaction, last 8
- +1.0%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $140.63
- Target vs current price
- -2.5%
- Analysts with a rating
- 24
- Share rating Buy or Strong Buy
- 38%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 5, 2026 | +9.3% | -1.8% | -1.7% | +15.3% | — |
| May 4, 2026 | +12.7% | -0.9% | -2.9% | +6.0% | +26.0% |
| Feb 26, 2026 | +19.0% | +5.2% | -13.9% | -11.2% | -5.4% |
| Nov 5, 2025 | +683.9% | -0.8% | -25.6% | -29.3% | -49.7% |
| Aug 6, 2025 | +65.5% | +1.0% | -5.1% | -17.0% | -19.8% |
| May 1, 2025 | +39.8% | +2.7% | +27.2% | +31.8% | -12.6% |
| Feb 27, 2025 | -35.7% | -2.8% | -24.3% | -14.3% | +34.0% |
| Nov 6, 2024 | +40.0% | +5.2% | +3.7% | +20.3% | +27.4% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 5, 2026 | $0.66 | $0.60 | +9.3% | $298.5M |
| May 4, 2026 | $0.89 | $0.79 | +12.7% | $292.0M |
| Feb 26, 2026 | $0.94 | $0.79 | +19.0% | $282.9M |
| Nov 5, 2025 | $5.95 | $0.76 | +683.9% | $271.7M |
| Aug 6, 2025 | $0.91 | $0.55 | +65.5% | $252.3M |
| May 1, 2025 | $0.72 | $0.52 | +39.8% | $230.7M |
| Feb 27, 2025 | $0.31 | $0.48 | -35.7% | $209.6M |
| Nov 6, 2024 | $0.49 | $0.35 | +40.0% | $192.6M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 17.3× | 162.8× | 27th | Top 13% |
| P/E (forward) | 52.5× | — | — | — |
| EV / EBITDA | 27.2× | — | — | Top 44% |
| EV / Sales | 4.91× | — | — | Bottom 44% |
| Free-cash-flow yield | 6.03% | — | — | Top 28% |
| Earnings yield | 5.78% | — | — | Top 13% |
P/E over the past five years
Range 12.0× – 243.2× since Mar 31, 2024. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -52.5%
- Earnings per share growth (TTM)
- +247.5%
- Change in P/E multiple
- -91.0%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✓ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 4
- Days above the 200-day average
- 33
- 50-day average slope (20 days)
- +5.9%
- 200-day average slope (20 days)
- -3.1%
- Distance from 50-day average
- +1.3%
- Distance from 200-day average
- +13.3%
- RSI (14)
- 49.8
- Relative volume
- 0.68×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 64.5%
- Volatility vs own 5-year history
- 58th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.47
- Correlation with S&P 500
- 0.38
- Current drawdown from 1-year high
- -58.5%
- Maximum drawdown, 3 years
- -83.3%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| May 14, 2025 | Apr 10, 2026 | -83.4% | 227 days | Not yet recovered |
| Sep 23, 2021 | May 11, 2022 | -68.9% | 159 days | 377 days (Nov 9, 2023) |
| Feb 18, 2025 | Mar 13, 2025 | -38.3% | 17 days | 35 days (May 2, 2025) |
| May 7, 2024 | Aug 5, 2024 | -36.2% | 61 days | 31 days (Sep 18, 2024) |
| Dec 19, 2023 | Feb 21, 2024 | -27.8% | 42 days | 52 days (May 6, 2024) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $6.72B
- P/E (TTM)
- 17.3
- EPS, diluted (TTM)
- $8.34
- Revenue (TTM)
- $1.15B
- 52-week range
- $87.89 – $353.00
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $250.8M | $369.5M | $531.1M | $748.0M | $1.04B |
| Gross profit | $180.9M | $266.1M | $383.9M | $538.8M | $743.7M |
| Operating income | -$56.1M | -$64.6M | -$12.9M | $63.6M | $141.2M |
| Net income | -$60.1M | -$59.6M | $16.1M | $88.6M | $414.1M |
| EPS (diluted) | -$1.57 | -$1.51 | $0.35 | $1.88 | $8.57 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $192.6M | $209.6M | $230.7M | $252.3M | $271.7M | $282.9M | $292.0M | $298.5M |
| Net income | $23.4M | $13.9M | $35.1M | $44.8M | $292.2M | $42.0M | $43.5M | $33.2M |
| EPS (diluted) | $0.49 | $0.28 | $0.72 | $0.91 | $5.95 | $0.84 | $0.89 | $0.66 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $9.2M | $53.7M | $153.6M | $285.5M | $387.8M |
| Capital expenditure | -$3.6M | -$5.6M | -$3.2M | -$12.1M | -$18.1M |
| Free cash flow | $5.6M | $48.1M | $150.4M | $273.4M | $369.7M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | $430.5M | $14.8M | $13.6M | $19.4M | $12.6M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $1.31B
- Total assets
- $2.07B
- Total liabilities
- $664.2M
- Total debt
- $86.1M
- Net debt
- -$1.09B
- Shareholders’ equity
- $1.41B
As of Jun 30, 2026 (filed Aug 6, 2026).
Short interest
- Shares sold short
- 6,573,989
- Days to cover
- 4.97
- Change vs previous report
- -13.2%
FINRA short interest, settlement date Sep 15, 2026.