| Name | Market Cap | Current Price | P/E Ratio | Revenue Growth 1Y | Net Margin | ROE | FCF Yield | Debt/Equity |
|---|---|---|---|---|---|---|---|---|
| DUOLDuolingo, Inc. | 6.18B | 154.42 | 82.14 | 40.84% | 40.03% | 29.52% | 4.42% | 0.07 |
| RSSSResearch Solutions, Inc. | 95.31M | 2.90 | 72.50 | 9.94% | 2.73% | 8.63% | 7.35% | |
| DCBODocebo Inc. | 571.25M | 19.88 | 23.12 | 19.96% | 9.53% | 49.74% | 4.9% | 0.03 |
| SGNSigning Day Sports, Inc. | 2.5M | 0.18 | -0.01 | 100.13% | -18.22% | -19.73% | ||
| AMSTAmesite Inc. | 9.65M | 2.11 | -2.05 | -33.81% | -17.32% | -154.55% | ||
| NRDYNerdy, Inc. | 127.86M | 1.04 | -2.74 | -1.64% | -22.95% | -110.17% | 0.02 | |
| COE51Talk Online Education Group | 118.22M | 28.61 | -3.18 | 92.65% | -46.11% | 4.67% | ||
| NTCLNetClass Technology Inc | 8M | 0.40 | -4.26 | -8.91% | -14.63% | -39.38% | 0.00 |
| Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Sales/Revenue | 70.76M | 161.7M | 250.77M | 369.5M | 531.11M | 748.02M |
| Revenue Growth % | - | 1.29% | 0.55% | 0.47% | 0.44% | 0.41% |
| Cost of Goods Sold | 20.74M | 45.99M | 69.19M | 99.43M | 142.1M | 203.65M |
| COGS % of Revenue | 0.29% | 0.28% | 0.28% | 0.27% | 0.27% | 0.27% |
| Gross Profit | 50.02M | 115.71M | 181.59M | 270.06M | 389M | 544.38M |
| Gross Margin % | 0.71% | 0.72% | 0.72% | 0.73% | 0.73% | 0.73% |
| Gross Profit Growth % | - | 1.31% | 0.57% | 0.49% | 0.44% | 0.4% |
| Operating Expenses | 64.15M | 131.72M | 241.59M | 335.26M | 402.26M | 481.78M |
| OpEx % of Revenue | 0.91% | 0.81% | 0.96% | 0.91% | 0.76% | 0.64% |
| Selling, General & Admin | 31.36M | 78.7M | 137.76M | 184.81M | 207.91M | 246.49M |
| SG&A % of Revenue | 0.44% | 0.49% | 0.55% | 0.5% | 0.39% | 0.33% |
| Research & Development | 31.56M | 53.02M | 103.83M | 150.44M | 194.35M | 235.3M |
| R&D % of Revenue | 0.45% | 0.33% | 0.41% | 0.41% | 0.37% | 0.31% |
| Other Operating Expenses | 1.23M | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -14.13M | -16.01M | -60.01M | -65.19M | -13.26M | 62.59M |
| Operating Margin % | -0.2% | -0.1% | -0.24% | -0.18% | -0.02% | 0.08% |
| Operating Income Growth % | - | -0.13% | -2.75% | -0.09% | 0.8% | 5.72% |
| EBITDA | -12.87M | -13.76M | -57.28M | -60.33M | -6.16M | 73.45M |
| EBITDA Margin % | -0.18% | -0.09% | -0.23% | -0.16% | -0.01% | 0.1% |
| EBITDA Growth % | - | -0.07% | -3.16% | -0.05% | 0.9% | 12.92% |
| D&A (Non-Cash Add-back) | 1.25M | 2.26M | 2.73M | 4.87M | 7.09M | 10.85M |
| EBIT | -12.9M | -16.01M | -60.01M | -65.19M | -13.26M | 62.59M |
| Net Interest Income | 0 | 231K | 19K | 7.24M | 31.09M | 42.7M |
| Interest Income | 0 | 231K | 19K | 7.24M | 31.09M | 42.7M |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 571K | 303K | 49K | 6.56M | 31.04M | 39.71M |
| Pretax Income | -13.55M | -15.71M | -59.96M | -58.64M | 17.78M | 102.31M |
| Pretax Margin % | -0.19% | -0.1% | -0.24% | -0.16% | 0.03% | 0.14% |
| Income Tax | 0 | 68K | 177K | 938K | 1.71M | 13.73M |
| Effective Tax Rate % | 1% | 1% | 1% | 1.02% | 0.9% | 0.87% |
| Net Income | -13.55M | -15.78M | -60.13M | -59.57M | 16.07M | 88.57M |
| Net Margin % | -0.19% | -0.1% | -0.24% | -0.16% | 0.03% | 0.12% |
| Net Income Growth % | - | -0.16% | -2.81% | 0.01% | 1.27% | 4.51% |
| Net Income (Continuing) | -13.55M | -15.78M | -60.13M | -59.57M | 16.07M | 88.57M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.41 | -0.44 | -1.57 | -1.51 | 0.35 | 1.88 |
| EPS Growth % | - | -0.07% | -2.57% | 0.04% | 1.23% | 4.37% |
| EPS (Basic) | -0.41 | -0.44 | -1.57 | -1.51 | 0.35 | 2.04 |
| Diluted Shares Outstanding | 35.89M | 35.89M | 38.27M | 39.47M | 46.52M | 47.1M |
| Basic Shares Outstanding | 35.89M | 35.89M | 38.27M | 39.47M | 46.52M | 43.5M |
| Dividend Payout Ratio | - | - | - | - | - | - |
| Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Total Current Assets | 78.92M | 158.38M | 619.27M | 697.18M | 897.8M | 1.1B |
| Cash & Short-Term Investments | 59.84M | 120.49M | 553.92M | 608.18M | 747.61M | 877.64M |
| Cash Only | 59.84M | 120.49M | 553.92M | 608.18M | 747.61M | 785.79M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 91.85M |
| Accounts Receivable | 10.01M | 20.45M | 33.16M | 46.73M | 88.97M | 128.92M |
| Days Sales Outstanding | 51.61 | 46.16 | 48.27 | 46.16 | 61.15 | 62.91 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - |
| Other Current Assets | 6.93M | 13.59M | 24.22M | 42.27M | 61.21M | 95.02M |
| Total Non-Current Assets | 16.14M | 17.36M | 661.31M | 747.35M | 953.96M | 1.3B |
| Property, Plant & Equipment | 13.82M | 14.5M | 36.58M | 35.48M | 30.89M | 66.44M |
| Fixed Asset Turnover | 5.12x | 11.15x | 6.86x | 10.42x | 17.19x | 11.26x |
| Goodwill | 0 | 0 | 0 | 4.05M | 4.05M | 10.54M |
| Intangible Assets | 1.79M | 2.3M | 4.57M | 8.5M | 15.99M | 19.9M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 98.29M |
| Other Non-Current Assets | 524K | 562K | 620.16M | 698.69M | 902.25M | 1.11B |
| Total Assets | 95.06M | 175.74M | 1.28B | 1.44B | 1.85B | 2.4B |
| Asset Turnover | 0.74x | 0.92x | 0.20x | 0.26x | 0.29x | 0.31x |
| Asset Growth % | - | 0.85% | 6.29% | 0.13% | 0.28% | 0.3% |
| Total Current Liabilities | 32.11M | 65.69M | 119.13M | 181.77M | 277.36M | 422.23M |
| Accounts Payable | 3.81M | 2.2M | 7.82M | 1.18M | 2.45M | 6.38M |
| Days Payables Outstanding | 67.08 | 17.43 | 41.24 | 4.32 | 6.29 | 11.44 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Other Current Liabilities | 992K | 3.71M | 6.2M | 9.11M | -3.94M | 0 |
| Current Ratio | 2.46x | 2.41x | 5.20x | 3.84x | 3.24x | 2.61x |
| Quick Ratio | 2.46x | 2.41x | 5.20x | 3.84x | 3.24x | 2.61x |
| Cash Conversion Cycle | - | - | - | - | - | - |
| Total Non-Current Liabilities | 146.93M | 190.74M | 648.39M | 720.69M | 918.89M | 1.16B |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 9.24M | 8.13M | 29.12M | 23.5M | 21.09M | 54.66M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 291K |
| Other Non-Current Liabilities | 137.69M | 182.61M | 619.27M | 697.18M | 897.8M | 1.1B |
| Total Liabilities | 179.03M | 256.43M | 767.53M | 902.45M | 1.2B | 1.58B |
| Total Debt | 10.22M | 9.24M | 32.46M | 28.41M | 25.04M | 54.66M |
| Net Debt | -49.63M | -111.25M | -521.46M | -579.77M | -722.57M | -731.13M |
| Debt / Equity | - | - | 0.06x | 0.05x | 0.04x | 0.07x |
| Debt / EBITDA | - | - | - | - | - | 0.74x |
| Net Debt / EBITDA | - | - | - | - | - | -9.95x |
| Interest Coverage | - | - | - | - | - | - |
| Total Equity | -83.98M | -80.69M | 513.06M | 542.08M | 655.5M | 824.55M |
| Equity Growth % | - | 0.04% | 7.36% | 0.06% | 0.21% | 0.26% |
| Book Value per Share | -2.34 | -2.25 | 13.41 | 13.73 | 14.09 | 17.51 |
| Total Shareholders' Equity | -83.98M | -80.69M | 513.06M | 542.08M | 655.5M | 824.55M |
| Common Stock | 1K | 1K | 4K | 4K | 4K | 4K |
| Retained Earnings | -95M | -110.78M | -170.91M | -230.49M | -214.42M | -125.85M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 |
| Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Cash from Operations | 2.15M | 17.71M | 9.17M | 53.66M | 153.61M | 285.51M |
| Operating CF Margin % | 0.03% | 0.11% | 0.04% | 0.15% | 0.29% | 0.38% |
| Operating CF Growth % | - | 7.23% | -0.48% | 4.85% | 1.86% | 0.86% |
| Net Income | -13.55M | -15.78M | -60.13M | -59.57M | 16.07M | 88.57M |
| Depreciation & Amortization | 1.25M | 2.26M | 2.73M | 4.87M | 7.09M | 10.85M |
| Stock-Based Compensation | 3.73M | 17.03M | 40.8M | 73.82M | 95.22M | 110.48M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 1.23M | 0 | 0 | 0 | 333K | -313K |
| Working Capital Changes | 9.5M | 14.2M | 25.77M | 34.54M | 34.9M | 75.92M |
| Change in Receivables | -5.3M | -10.45M | -12.71M | -13.56M | 49.4M | -39.92M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 2.43M | -1.61M | 5.62M | -6.66M | 1.26M | 3.93M |
| Cash from Investing | 2.43M | -4.01M | -6.21M | -14.17M | -13.58M | -217.33M |
| Capital Expenditures | -3.77M | -3.38M | -3.59M | -5.56M | -3.19M | -12.12M |
| CapEx % of Revenue | 0.05% | 0.02% | 0.01% | 0.02% | 0.01% | 0.02% |
| Acquisitions | - | - | - | - | - | - |
| Investments | - | - | - | - | - | - |
| Other Investing | -1.48M | -638K | -2.62M | -4.56M | -10.39M | -9.02M |
| Cash from Financing | 30.97M | 46.95M | 430.47M | 14.78M | 2.13M | -30M |
| Debt Issued (Net) | - | - | - | - | - | - |
| Equity Issued (Net) | - | - | - | - | - | - |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | - | - | - | - | - | - |
| Other Financing | 1.29M | 2.03M | 5.14M | 14.78M | 2.13M | -49.36M |
| Net Change in Cash | - | - | - | - | - | - |
| Free Cash Flow | -3.09M | 13.69M | 2.96M | 43.53M | 139.93M | 273.4M |
| FCF Margin % | -0.04% | 0.08% | 0.01% | 0.12% | 0.26% | 0.37% |
| FCF Growth % | - | 5.43% | -0.78% | 13.69% | 2.21% | 0.95% |
| FCF per Share | -0.09 | 0.38 | 0.08 | 1.10 | 3.01 | 5.80 |
| FCF Conversion (FCF/Net Income) | -0.16x | -1.12x | -0.15x | -0.90x | 9.56x | 3.22x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 132K | 615K | 2.32M | 7.62M |
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Return on Equity (ROE) | - | - | -27.82% | -11.29% | 2.68% | 11.97% |
| Return on Invested Capital (ROIC) | - | - | - | - | - | 356.41% |
| Gross Margin | 70.69% | 71.56% | 72.41% | 73.09% | 73.24% | 72.78% |
| Net Margin | -19.15% | -9.76% | -23.98% | -16.12% | 3.03% | 11.84% |
| Debt / Equity | - | - | 0.06x | 0.05x | 0.04x | 0.07x |
| FCF Conversion | -0.16x | -1.12x | -0.15x | -0.90x | 9.56x | 3.22x |
| Revenue Growth | - | 128.51% | 55.09% | 47.34% | 43.74% | 40.84% |
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| License and Service | 180.7M | - | - | 607.53M |
| License and Service Growth | - | - | - | - |
| Product and Service, Other | 6.92M | - | - | 140.49M |
| Product and Service, Other Growth | - | - | - | - |
| Advertising | 38.5M | - | - | 54.91M |
| Advertising Growth | - | - | - | - |
| English Test | 24.66M | - | - | 45.64M |
| English Test Growth | - | - | - | - |
| Product And Service, Other Miscellaneous | - | - | - | 1.29M |
| Product And Service, Other Miscellaneous Growth | - | - | - | - |
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| All Countries Minus USA And UK | 116.45M | 169.64M | 250.23M | 436.49M |
| All Countries Minus USA And UK Growth | - | 45.68% | 47.51% | 74.43% |
| UNITED STATES | 109.16M | 168.32M | 238.76M | 311.54M |
| UNITED STATES Growth | - | 54.19% | 41.85% | 30.48% |
Duolingo, Inc. (DUOL) has a price-to-earnings (P/E) ratio of 82.1x. This suggests investors expect higher future growth.
Duolingo, Inc. (DUOL) reported $964.3M in revenue for fiscal year 2024. This represents a 1263% increase from $70.8M in 2019.
Duolingo, Inc. (DUOL) grew revenue by 40.8% over the past year. This is strong growth.
Yes, Duolingo, Inc. (DUOL) is profitable, generating $386.0M in net income for fiscal year 2024 (11.8% net margin).
Duolingo, Inc. (DUOL) has a return on equity (ROE) of 12.0%. This is reasonable for most industries.
Duolingo, Inc. (DUOL) generated $354.1M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.