Duolingo Inc Market Cap ($6.49 Billion)
Market Cap & Net Worth: Duolingo Inc (DUOL)
Duolingo Inc market cap. Duolingo Inc (NASDAQ:DUOL) has a market capitalization of $6.49 Billion ($6.49 Billion) as of November 5, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #2938 globally and #1061 in its home market, demonstrating a 14.12% 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 $161.27 by its total outstanding shares 40237065 (40.24 Million). Also see Duolingo Inc operating cash flow efficiency for how efficiently the company converts equity into cash flow.
Duolingo Inc Market Cap History (2021–2026)
Duolingo Inc market cap history from 2021 to 2026. Data shows growth from $4.27 Billion to $6.49 Billion (3.54% CAGR). Check Duolingo Inc stock quote for real-time trading data and today's change.
Index Memberships
Duolingo Inc is a constituent of 2 market indices:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NASDAQ Composite
IXIC
|
$40.12 Trillion | 0.02% | #328 of 3165 |
|
S&P Midcap 400
MID
|
$3.33 Trillion | 0.48% | #212 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. Explore Duolingo Inc annual equity growth to track how rapidly the company is growing its equity base year over year.
Latest Price to Sales (P/S) Ratio
6.81x
Duolingo Inc's market cap is 6.81 times its annual revenue
Latest Price to Earnings (P/E) Ratio
17.05x
Duolingo Inc's market cap is 17.05 times its annual earnings
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 | $4.27 Billion | $250.77 Million | -$60.13 Million | 17.03x | N/A |
| 2022 | $2.86 Billion | $369.50 Million | -$59.57 Million | 7.75x | N/A |
| 2023 | $9.13 Billion | $531.11 Million | $16.07 Million | 17.19x | 568.11x |
| 2024 | $13.05 Billion | $748.02 Million | $88.57 Million | 17.44x | 147.29x |
| 2025 | $7.06 Billion | $1.04 Billion | $414.06 Million | 6.81x | 17.05x |
Competitor Companies of DUOL by Market Capitalization
Companies near Duolingo Inc in the global market cap rankings as of November 5, 2026. Also see Duolingo Inc assets under control for a full breakdown of the balance sheet.
Key companies related to Duolingo Inc by market ranking:
- Shopify Inc (NYSE:SHOP): Ranked #105 globally with a market cap of $196.94 Billion USD.
- Shopify Inc (TO:SHOP): Ranked #113 globally with a market cap of $187.66 Billion USD ( CA$259.42 Billion CAD).
- SAP SE (F:SAPA): Ranked #129 globally with a market cap of $173.28 Billion USD ( €148.21 Billion EUR).
- SAP SE (F:SAP): Ranked #133 globally with a market cap of $168.70 Billion USD ( €144.30 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #105 | Shopify Inc | NYSE:SHOP | $196.94 Billion | $161.08 |
| #113 | Shopify Inc | TO:SHOP | $187.66 Billion | CA$212.71 |
| #129 | SAP SE | F:SAPA | $173.28 Billion | €208.00 |
| #133 | SAP SE | F:SAP | $168.70 Billion | €213.55 |
Market Capitalization of Duolingo Inc (2021–2026)
Market capitalization of Duolingo Inc from 2021 to today. Between 2021 and today, Duolingo Inc's market cap moved from $4.27 Billion to $ 6.49 Billion, with a yearly change of 3.54%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $6.49 Billion | -8.11% |
| 2025 | $7.06 Billion | -45.87% |
| 2024 | $13.05 Billion | +42.93% |
| 2023 | $9.13 Billion | +218.92% |
| 2022 | $2.86 Billion | -32.97% |
| 2021 | $4.27 Billion | -- |
End of Day Market Cap According to Different Sources
On Nov 5th, 2026 the market cap of Duolingo Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $6.49 Billion USD |
| MoneyControl | $6.49 Billion USD |
| MarketWatch | $6.49 Billion USD |
| marketcap.company | $6.49 Billion USD |
| Reuters | $6.49 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Duolingo Inc
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