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Duolingo, Inc.

DUOL Technology Computer Software: Prepackaged Software
$143.31
▲ +4.4% Today
as of Oct 23, 10:47 ET
Last 30 days -5.26% Sep 14 → Oct 23
$132.73 $138.42 $144.11 $149.80 $155.49 Sep 14 Sep 22 Sep 30 Oct 07 Oct 15 Oct 23
Open
$137.72
High
$143.64
Low
$137.72
Volume
$1M
Avg Vol
$2M
Mkt Cap
$6.9B
P/E (TTM)
18.90
Beta
—
52w High
$322.09
52w Low
$87.89
Div Yield
—
Shares Out
—

Recent Press Releases & News last 60 days · 25 items

▸ Show all 25 press releases & news Free account →

DUOL earnings at a glance

Duolingo, Inc. (DUOL) is scheduled to report earnings on Wednesday, November 4, 2026 — in 12 days. Analysts expect earnings per share of $0.55, compared with $0.95 in the same quarter last year (-42%). The options market is pricing a move of about ±3.3% after the report, a range of roughly $138.53 to $148.09 from today's $143.31. Over its last 6 reports the stock rose the next day 2 times and fell 4, moving ±15.0% on average; after the most recent report on Aug 5, 2026 it moved -9.4%. That means options currently expect less movement than DUOL has typically delivered. DUOL beat the consensus EPS estimate in 6 of its last 6 reported quarters. Implied volatility is currently 80%. The share price of $143.31 sits in the middle of its 52-week range.

More Technology stocks · All stocks · Earnings calendar

Overview

52-week range
$88
$322
24% of range
Avg surprise (last 6)
+29.3%
Avg reaction (last 6)
-3.2%
33% positive
Latest IV / EM
80%
EM ±3.3% · $150 · Oct 9

Earnings trends

EPS — actual vs estimate Actual Estimate
$-0.06$0.19$0.45$0.70$0.95 Actual $-0.06Actual $0.08Actual $0.06Actual $0.57Actual $0.51Actual $0.49Actual $0.72Est $0.52Actual $0.91Est $0.55Actual $0.95Est $0.72Actual $0.94Est $0.79Actual $0.89Est $0.79Actual $0.66Est $0.61 MarJunSepMarJunSepMar/2025Jun/2025Sep/20258KMar/2026Jun/2026
Revenue vs Net Income Revenue Net income
$0$78M$157M$235M$313M Sep 24Mar 25Jun 25Sep 25Mar 26Jun 26

Earnings history

DatePeriodActual EPSEstSurpriseYoY %ΔDay reactSource
Wed Aug 5, 2026Jun/2026 $0.66 $0.61 +8.2% -33.0% -9.4% earnings
Mon May 4, 2026Mar/2026 $0.89 $0.79 +12.7% +23.6% -5.6% earnings
Thu Feb 26, 20268K 2026-02-26 $0.94 $0.79 +19.0% — -14.0% earnings
Wed Nov 5, 2025Sep/2025 $0.95 $0.72 +31.9% — -25.5% earnings
Wed Aug 6, 2025Jun/2025 $0.91 $0.55 +65.5% — +13.7% earnings
Thu May 1, 2025Mar/2025 $0.72 $0.52 +38.5% — +21.6% earnings
Mon Sep 30, 2024Sep 2024 $0.49 — — — — financials
Sun Jun 30, 2024Jun 2024 $0.51 — — — — financials
Sun Mar 31, 2024Mar 2024 $0.57 — — — — financials
Sat Sep 30, 2023Sep 2023 $0.06 — — — — financials
Fri Jun 30, 2023Jun 2023 $0.08 — — — — financials
Fri Mar 31, 2023Mar 2023 $-0.06 — — — — financials

Upcoming

DateFiscalTimeEPS EstLY EPSYoY %Δ
Wed Nov 4, 2026Sep/2026OTHER $0.55$0.95 -42.1%

Financials

Income statement (quarterly)

MetricJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue$298M$292M—$272M$252M$231M—$193M
Cost of revenue$82M$79M—$75M$70M$67M—$52M
Gross profit$217M$213M—$197M$183M$164M—$140M
Operating income$34M$45M—$35M$33M$24M—$14M
Net income$33M$43M—$292M$45M$35M—$23M
EPS (diluted)$0.66$0.89—$5.95$0.91$0.72—$0.49

Balance sheet (quarterly)

MetricJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Cash & equivalents$1.18B$1.14B$1.04B$1.01B$976M$884M$786M$854M
Inventory————————
Total current assets$1.57B$1.51B$1.44B$1.37B$1.32B$1.22B$1.10B$1.06B
Total assets$2.07B$2.06B$1.99B$1.89B$1.54B$1.40B$1.30B$1.22B
Long-term debt————————
Total liabilities$664M$666M$645M$578M$566M$509M$477M$397M
Total equity$1.41B$1.39B$1.35B$1.31B$977M$894M$825M$822M

Implied volatility — last 90 days

50%109%168%228%287% Jun 07 — IV 66% · EM ±6.2%Jun 08 — IV 78% · EM ±6.5%Jun 09 — IV 85% · EM ±6.2%Jun 10 — IV 101% · EM ±6.0%Jun 11 — IV 102% · EM ±4.3%Jun 15 — IV 79% · EM ±5.7%Jun 16 — IV 87% · EM ±5.2%Jun 17 — IV 102% · EM ±4.3%Jun 19 — IV 64% · EM ±7.1%Jun 22 — IV 78% · EM ±6.5%Jun 23 — IV 77% · EM ±5.6%Jun 24 — IV 82% · EM ±4.9%Jun 25 — IV 93% · EM ±3.9%Jun 29 — IV 66% · EM ±15.5%Jun 30 — IV 60% · EM ±14.0%Jul 01 — IV 91% · EM ±3.8%Jul 03 — IV 63% · EM ±7.0%Jul 06 — IV 87% · EM ±7.2%Jul 07 — IV 72% · EM ±5.2%Jul 08 — IV 77% · EM ±4.5%Jul 09 — IV 70% · EM ±2.9%Jul 13 — IV 79% · EM ±6.6%Jul 14 — IV 64% · EM ±4.6%Jul 15 — IV 96% · EM ±5.7%Jul 16 — IV 75% · EM ±3.1%Jul 20 — IV 78% · EM ±6.5%Jul 21 — IV 80% · EM ±5.8%Jul 22 — IV 82% · EM ±4.8%Jul 23 — IV 97% · EM ±4.1%Jul 27 — IV 68% · EM ±5.7%Jul 28 — IV 82% · EM ±5.9%Jul 29 — IV 90% · EM ±5.3%Jul 30 — IV 57% · EM ±2.4%Aug 03 — IV 183% · EM ±15.3%Aug 04 — IV 210% · EM ±15.2%Aug 05 — IV 288% · EM ±17.0%Aug 06 — IV 124% · EM ±5.2%Aug 10 — IV 59% · EM ±4.9%Aug 11 — IV 59% · EM ±4.2%Aug 12 — IV 62% · EM ±3.6%Aug 13 — IV 98% · EM ±4.1%Aug 17 — IV 54% · EM ±4.5%Aug 18 — IV 63% · EM ±4.6%Aug 19 — IV 73% · EM ±4.3%Aug 20 — IV 85% · EM ±3.6%Aug 24 — IV 61% · EM ±5.1%Aug 25 — IV 61% · EM ±4.4%Aug 26 — IV 55% · EM ±3.2%Aug 27 — IV 81% · EM ±3.4%Aug 31 — IV 53% · EM ±4.4%Sep 01 — IV 65% · EM ±4.7%Sep 02 — IV 66% · EM ±3.9%Sep 03 — IV 73% · EM ±3.1%Sep 07 — IV 73% · EM ±6.1%Sep 08 — IV 67% · EM ±4.9%Sep 09 — IV 70% · EM ±4.1%Sep 10 — IV 78% · EM ±3.3%Sep 14 — IV 63% · EM ±5.2%Sep 15 — IV 66% · EM ±4.8%Sep 16 — IV 64% · EM ±3.8%Sep 17 — IV 75% · EM ±3.1%Sep 21 — IV 66% · EM ±5.5%Sep 22 — IV 60% · EM ±4.3%Sep 23 — IV 57% · EM ±3.4%Sep 24 — IV 72% · EM ±3.0%Sep 28 — IV 58% · EM ±13.6%Sep 29 — IV 60% · EM ±14.0%Sep 30 — IV 59% · EM ±3.5%Oct 01 — IV 72% · EM ±3.0%Oct 06 — IV 50% · EM ±3.6%Oct 07 — IV 53% · EM ±3.1%Oct 08 — IV 80% · EM ±3.3%

Sector peers

DUOL earnings FAQ

When is DUOL's next earnings date?

Duolingo, Inc. is expected to report on November 4, 2026.

What is DUOL's expected move for earnings?

Options currently price a move of about ±3.3%, or $4.78 per share either way from $143.31.

How does DUOL stock usually react to earnings?

Across the last 6 reports the average next-day move was ±15.0%, up 2 times and down 4 times.

What EPS are analysts expecting from Duolingo, Inc.?

The consensus estimate is $0.55 per share, versus $0.95 a year ago.

What is DUOL's implied volatility?

DUOL's at-the-money implied volatility is about 80% based on the latest options snapshot.

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