Duolingo Inc (NASDAQ:DUOL) — Market Cap & Net Worth

$4.46 Billion USD  · Rank #3874

Market Cap & Net Worth: Duolingo Inc (DUOL)

Duolingo Inc (NASDAQ:DUOL) has a market capitalization of $4.46 Billion ($4.46 Billion) as of May 4, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #3874 globally and #1288 in its home market, demonstrating a 10.93% increase in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Duolingo Inc's stock price $111.25 by its total outstanding shares 40594239 (40.59 Million). Analyse Duolingo Inc cash conversion from operations to see how efficiently the company converts income to cash.

Duolingo Inc Market Cap History: 2021 to 2026

Duolingo Inc's market capitalization history from 2021 to 2026. Data shows change from $4.31 Billion to $4.52 Billion (-3.87% CAGR).

Index Memberships

Duolingo Inc is a constituent of 2 market indices:

Index Total Market Cap Weight (%) Rank by Market Cap
NASDAQ Composite
IXIC
$38.77 Trillion 0.01% #425 of 3165
S&P Midcap 400
MID
$3.36 Trillion 0.48% #298 of 401

Weight: Duolingo Inc's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

Duolingo Inc Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Duolingo Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.

Latest Price to Sales (P/S) Ratio

6.87x

Duolingo Inc's market cap is 6.87 times its annual revenue

Industry average: 2.40x Higher than industry average

Latest Price to Earnings (P/E) Ratio

17.21x

Duolingo Inc's market cap is 17.21 times its annual earnings

Industry average: 15.68x Higher than industry average

What These Ratios Tell Investors:

  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2021 $4.31 Billion $51.00K -$60.13 Million 84459.90x N/A
2022 $2.89 Billion $369.50 Million -$59.57 Million 7.81x N/A
2023 $9.21 Billion $531.11 Million $16.07 Million 17.34x 573.15x
2024 $13.16 Billion $748.02 Million $88.57 Million 17.60x 148.60x
2025 $7.12 Billion $1.04 Billion $414.06 Million 6.87x 17.21x

Competitor Companies of DUOL by Market Capitalization

Companies near Duolingo Inc in the global market cap rankings as of May 4, 2026.

Key companies related to Duolingo Inc by market ranking:

  • SAP SE (F:SAPA): Ranked #101 globally with a market cap of $200.15 Billion USD ( €171.20 Billion EUR).
  • Shopify Inc (NYSE:SHOP): Ranked #106 globally with a market cap of $196.94 Billion USD.
  • SAP SE (F:SAP): Ranked #107 globally with a market cap of $196.39 Billion USD ( €167.98 Billion EUR).
  • Salesforce.com Inc (NYSE:CRM): Ranked #137 globally with a market cap of $160.09 Billion USD.
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#101 SAP SE F:SAPA $200.15 Billion €147.00
#106 Shopify Inc NYSE:SHOP $196.94 Billion $161.08
#107 SAP SE F:SAP $196.39 Billion €144.24
#137 Salesforce.com Inc NYSE:CRM $160.09 Billion $183.82

Duolingo Inc Historical Marketcap From 2021 to 2026

Between 2021 and today, Duolingo Inc's market cap moved from $4.31 Billion to $ 4.52 Billion, with a yearly change of -3.87%.

Year Market Cap Change (%)
2026 $4.52 Billion -36.61%
2025 $7.12 Billion -45.87%
2024 $13.16 Billion +42.93%
2023 $9.21 Billion +218.92%
2022 $2.89 Billion -32.97%
2021 $4.31 Billion --

End of Day Market Cap According to Different Sources

On May 3rd, 2026 the market cap of Duolingo Inc was reported to be:

Source Market Cap
Yahoo Finance $4.46 Billion USD
MoneyControl $4.46 Billion USD
MarketWatch $4.46 Billion USD
marketcap.company $4.46 Billion USD
Reuters $4.46 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Duolingo Inc

NASDAQ:DUOL USA Software - Application
Market Cap
$4.52 Billion
Market Cap Rank
#3874 Global
#1288 in USA
Share Price
$111.25
Change (1 day)
+1.04%
52-Week Range
$90.03 - $540.68
All Time High
$540.68
About

Duolingo, Inc. operates as a mobile learning platform in the United States, the United Kingdom, and internationally. The company offers 250 language courses, including Spanish, English, French, German, Italian, Portuguese, Japanese, and Chinese through its Duolingo app. It also provides a digital English language proficiency assessment exam. The company was incorporated in 2011 and is headquarter… Read more