TTM
16.1%
YoY change
+5.05pp
Trough year (2021)
-21.3%
Peak year (2025)
15.0%
Latest annual
15.0%
EBITDA Margin history chart for Duolingo (DUOL) from 2019 to 2025
Latest: 15.0%
EBITDA Margin change chart for Duolingo (DUOL) from 2019 to 2025
Latest: +5.05pp
EBITDA Margin history table for Duolingo (DUOL) from 2019 to 2025
| 2025 | 15.0% | +5.05pp | ||
| 2024 | 9.9% | +11.05pp | ||
| 2023 | -1.1% | +15.06pp | ||
| 2022 | -16.2% | +5.13pp | ||
| 2021 | -21.3% | -12.95pp | ||
| 2020 | -8.3% | +8.13pp | ||
| 2019 | -16.5% | — |
- 202515.0%+5.05pp
- 20249.9%+11.05pp
- 2023-1.1%+15.06pp
- 2022-16.2%+5.13pp
- 2021-21.3%-12.95pp
- 2020-8.3%+8.13pp
- 2019-16.5%—
EBITDA Margin values are taken from Duolingo's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About EBITDA Margin at Duolingo (DUOL)
According to Duolingo's latest reported financial statements, the company's latest reported EBITDA margin is 16.1%. EBITDA margin is EBITDA divided by revenue — earnings before interest, taxes, depreciation, and amortization as a percentage of sales. By stripping out non-cash charges and capital-structure effects, it approximates operating cash profitability and is widely used to compare companies with different asset bases and leverage.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, Duolingo (DUOL) EBITDA margin totalled 15.00% – expanded 5.0 percentage points year-over-year.
The highest annual EBITDA margin of 15.00% was reported in 2025. The lowest in the available history was -21.28% in 2021.
Duolingo EBITDA Margin by Year
Duolingo EBITDA Margin 2025: 15.0%
Duolingo EBITDA margin in 2025 was 15.00%, expanded 5.0 percentage points from 2024. This figure represents the highest annual value in the available history.
Duolingo EBITDA Margin 2024: 9.9%
2024's EBITDA margin for Duolingo came in at 9.95%, expanded 11.0 percentage points from 2023.
Duolingo EBITDA Margin 2023: -1.1%
Duolingo posted EBITDA margin of -1.10% in 2023, expanded 15.1 percentage points from 2022.
Duolingo EBITDA Margin 2022: -16.2%
In 2022, Duolingo reported EBITDA margin of -16.15%, expanded 5.1 percentage points from 2021.
Duolingo EBITDA Margin 2021: -21.3%
Duolingo EBITDA margin in 2021 was -21.28%.
See more financial history for Duolingo (DUOL).
Sector peers by EBITDA Margin
Technology peers of Duolingo (DUOL), ranked by their latest EBITDA margin
| 76.0% | |
| 76.0% | |
| 63.9% | |
| 63.1% | |
| 55.3% | |
| 38.6% | |
| 35.5% | |
| 21.6% |
- 76.0%
- 76.0%
- 63.1%
- 55.3%
- 38.6%
- 35.5%
- 21.6%
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