DUOL · Duolingo, Inc.

Track DUOL — free

$144.27 -2.30 (-1.57%) At close · Oct 2

S&P 400 member Russell 1000 member Rebalance outlook locked

Market Cap

$6.79B

46.79M

Volume · Oct 2 776.69K Avg daily vol (3M) 1.17M

Up next

Next earnings call

Nov 5, 2026 Est · unconfirmed · in 5 wks

Latest filing: 10-Q

filed Aug 6, 2026

Q2 2026 earnings call transcript

call held Aug 5, 2026

Metrics snapshot

Useful current figures from the complete screener profile.

View all 115 metrics

Revenue (TTM)

$1.15B

Trailing 12 months

Net income (TTM)

$410.77M

Trailing 12 months

Revenue growth YoY

+18.3%

Year over year

Operating margin

13.7%

Trailing 12 months

P / E (TTM)

17.0

Trailing earnings · reciprocal yield 5.9%

FCF yield

6.0%

TTM · current market cap

Return on invested capital

—

Trailing 12 months

Net cash

$1.18B

Latest balance sheet

Dividend yield

—

Trailing 12 months

Shares change YoY

+2.1%

Year over year · more shares

Price change (1Y)

-53.9%

Trailing year

Short interest

14.1%

Latest settlement · 5.0 days to cover

View all 115 metrics

AI Brief

Q2 FY26 earnings call · Aug 5, 2026

Q2 FY26

TL;DR. Duolingo delivered Q2 DAU growth of 23% YoY, accelerating from Q1 and ahead of expectations, and raised its full-year adjusted EBITDA margin outlook to ~26.5% (from ~25%) while reaffirming 10-12% bookings growth and 15-18% revenue growth ranges.

Bullish

+ Raised full-year adjusted EBITDA margin outlook to ~26.5% from ~25%
+ DAUs grew 23% YoY, accelerating from Q1 and ahead of expectations
+ Gross margin guidance raised to ~71.6% for FY (from ~69% earlier) on AI cost savings
+ Strong cash generation with $1.3B in cash/investments and $78.6M quarterly free cash flow; ~$44M of stock repurchased in Q2

Bearish

− Q2 bookings growth slowed to 8% (6% constant-currency) due to a tough prior-year comparison

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating

blended score · not investment advice

Overall

Neutral

SellHoldBuy

Technical Neutral Momentum Neutral Sentiment Neutral Fundamentals Excellent Quant / Vol Very High

Market backdrop VIX 15.3 · calm Equity put/call 0.58

Technical

price trend

Neutral

50 / 200-day cross No cross

Price vs 200-day avg +13%

above

Price vs 50-day avg +1%

above

RSI (14) 50

neutral

MACD trend Negative

52-week position 21%

mid-range

Volume (OBV) Confirms

volume backs price

Momentum

relative strength

Neutral

1-month return −9%

trailing

6-month return +54%

trailing

YTD return −18%

this year

Relative strength +42%

vs S&P · 6-mo

Sentiment

smart money

Neutral

Trend (MA cross) No cross

50d $142 › 200d $127 — 50d above 200d

Institutional flow Accumulating

2 of 438 funds reported for Sep 30 · net +113 sh shares

Insider flow Distributing

Net -$307.1K over 90 days · 100% sells

Short interest Falling

14.05% of float · ▼ -13.2% MoM · 5.0 days cover

Volume signal Normal

Volume near normal

Institution breadth Steady

438 holders — mid 3-yr range

Squeeze score 67

elevated · 0–100

Fundamentals

Excellent

Revenue growth +39%

Y/Y

Gross margin 72%

contracting

EPS growth +356%

Y/Y

Free cash flow $369.7M

Buyback $328.1M

remaining

Quant / Vol

risk profile

Very High

Volatility 63%

annualized · 1-yr

Max drawdown −74%

past year

ATR 4.8%

of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

what management promised — and delivered

Beat or met 8 of last 8

Latest guidance · from the Earnings Call filed Aug 5, 2026

full year

Adjusted EBIT margin Non-GAAP 26.5%

Revenue growth 16%

Gross margin 70%

Adjusted EBITDA margin Non-GAAP 25.5%

Adjusted EBITDA Non-GAAP $320M

Free cash flow at least $375M

Bookings $307M

Bookings growth 9%

Revenue growth 11%

Revenue $302M

prior qtr $298.45M midpoint +1.2% QoQ

Adjusted EBITDA Non-GAAP $76M

Gross margin 71%

Adjusted EBITDA margin Non-GAAP 25.2%

Guided vs delivered · last 8 settled

Revenues Q3 2024

guided $186.7M – $189.7M

guided $186.7M – $189.7M $192.59M Beat +2.3%

Revenues FY 2024

guided $731.3M – $738.3M

guided $731.3M – $738.3M $748.02M Beat +1.8%

Revenues Q1 24

guided $164M – $167M

guided $164M – $167M $167.55M Beat +1.2%

Revenues Q4 2023

guided $145M – $148M

guided $145M – $148M $150.99M Beat +3.1%

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Neutral

1 · 4 · 2

50 / 200-day cross

No cross Neutral

Price vs 200-day avg

+13% Bullish

Price vs 50-day avg

+1% Bullish

RSI (14)

50 Neutral

MACD trend

Negative Bearish

52-week position

21% Neutral

Volume (OBV)

Confirms Neutral

Market signals — smart money & positioning

Bullish · 2 of 6

Trend (MA cross) No cross

50d $142 › 200d $127 — 50d above 200d

Institutional flow Accumulating

2 of 438 funds reported for Sep 30 · net +113 sh shares

Insider flow Distributing

Net -$307.1K over 90 days · 100% sells

Short interest Falling

14.05% of float · ▼ -13.2% MoM · 5.0 days cover

Volume signal Normal

Volume near normal

Institution breadth Steady

438 holders — mid 3-yr range

Price context

position in its 52-week range

Range low $90 Now $144 · 21% Range high $347

vs 200-day avg +13% vs 50-day avg +1%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

the company's own KPIs, from written earnings releases and filings

Metric	Latest	Period	YoY
Adjusted EBITDA non-GAAP	77.32M	Three Months Ended June 30, 2026 filing	—
GAAP → non-GAAP reconciliation GAAP Net income 33.16M -11.83M Interest income +12.21M Provision for income taxes +4.25M Depreciation and amortization +38.61M Stock-based compensation expenses related to equity awards +0K Acquisition transaction and integration costs +349K Acquisition earn-out costs +578K Impairment of capitalized software = Adjusted EBITDA 77.32M
Daily active users (DAUs)	58.7M	Three Months Ended June 30, 2026 filing	—
Free cash flow non-GAAP	78.63M	Three Months Ended June 30, 2026 filing	—
GAAP → non-GAAP reconciliation GAAP Net cash provided by operating activities 88.26M -2.73M Capitalized software development costs and purchases of intangible assets -6.9M Purchases of property and equipment = Free cash flow 78.63M
Monthly active users (MAUs)	140.6M	Three Months Ended June 30, 2026 filing	—
Paid subscribers (at period end)	12.7M	Three Months Ended June 30, 2026 filing	—
Subscription bookings	250.32M	Three Months Ended June 30, 2026 filing	—
Total bookings	289.05M	Three Months Ended June 30, 2026 filing	—

Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

Versus peers

Software - Application — same industry group

Open screener →

Company	Mkt cap	YTD	Rev growth Y/Y	P/E	Short % shares
DUOL Duolingo, Inc. this stock	$6.79B	-17.8%	+38.7%	—	14.1%
QH QUHUO Ltd	$350.35B	+240.7%	+59.7%	—	0.0%
SAP Sap SE	$243.17B	-14.1%	—	—	0.4%
CRM Salesforce, Inc.	$191.79B	-11.4%	+25.9%	21.3	3.9%
SHOP Shopify Inc.	$183.03B	-6.0%	+30.1%	95.5	1.3%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section

Ownership

Institutional Holders Accumulating

Holders

438

% held: 97.5%
Reported: 2 of 438
Top holder: BAILLIE GIFFORD & CO

Held Float

View

Held by Funds

Fund positions

332

View

Short & Settlement

Short Interest Falling

Shares short

6.6M

Days to cover: 5.0d
Change: -999.9K sh

View

Short Volume

Short vol %

69%

As of: Oct 2, 2026

Short Total

View

Fails to Deliver

FTD shares

200

Value: $30.9K
As of: Sep 8, 2026

View

Off-Exchange

Off-exchange %

41.5%

Week of: Aug 24, 2026

Off-exch Lit

View

Smart Money

Insider Trades Net selling

Net (90d)

-$307.1K

Buyers / Sellers: 0 / 2

Buyers Sellers

View

Congressional Trades Sell

Member

Lisa McClain

Amount: $1.0K–$15.0K
Traded: Aug 13, 2025

View

Financials

Revenue (FY)

$1.0B

Net income (FY): $414.1M
EPS diluted: $8.57

View

Buybacks

Authorized

$400.0M

Remaining: $328.1M

Spent Remaining

View

Filings

SEC Filings

Latest

8-K

Filed: Aug 19, 2026
This year: 12

View

Proposed Sales

Value

$6.8M

Shares: 46.7K
Filed: Sep 24, 2026

View

Exempt Offerings

Offering

$35.0M

Filed: Nov 19, 2020

View

Earnings & Events

Webcasts

Last webcast

Aug 5, 2026

View

Investor Relations

Performance

	5D	20D	120D	MTD	YTD
DUOL	+0.5%	-9.2%	+54.3%	+1.3%	-17.8%
SPY	-0.2%	-0.5%	+12.2%	+0.9%	+12.9%
vs SPY	+0.8%	-8.7%	+42.1%	+0.4%	-30.7%

Capital returns

Buyback program · as of Aug 1, 2026

Authorized

$400.00M

Spent (derived)

$71.90M

Remaining

$328.10M

Spent Remaining

Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

Key facts CIK 1562088 CUSIP 26603R106 13F (30d) 13 filings 10 filers Visit website Investor relations

DUOL · Duolingo, Inc.

Price & Indicators

Up next

Metrics snapshot

AI Brief

Equibles Rating

Guidance & track record

Technicals

Key metrics

Versus peers

At a glance

Performance

Capital returns