Market Cap for Duolingo (DUOL)
According to Duolingo's latest reported financial statements, the company's latest reported market cap is $8.18B USD. Market capitalization is the total dollar value of all outstanding shares — shares outstanding × stock price — and the standard measure of a company's equity value. On this page, historical market cap snaps filing-period share counts to closing prices on or before each statement date (not intraday tick data).
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
DUOL
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Latest period
$8.18B
YoY change
-39.1%
5Y CAGR
+4.9%
Peak year (2024)
$15.27B
Latest annual
$5.16B
Market Cap history chart for Duolingo (DUOL) from 2021 to 2026
Market Cap history table for Duolingo (DUOL) from 2021 to 2026
| Fiscal year | Period ended | Reported | Market Cap | YoY |
|---|---|---|---|---|
| 2026 | $5.16B | -39.1% | ||
| 2025 | $8.48B | -44.5% | ||
| 2024 | $15.27B | +44.7% | ||
| 2023 | $10.55B | +275.9% | ||
| 2022 | $2.81B | -30.9% | ||
| 2021 | $4.06B | — |
Market Cap values are taken from Duolingo's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2026's annual market cap for Duolingo (DUOL) came in at $5.16B – plunged 39.1% year-over-year.
Across 2021–2026 (5 years), Duolingo market cap produced a CAGR of +4.9% – with the latest reading among the more recent periods of the dataset.
Duolingo market cap peaked at $15.27B in 2024; the latest annual figure is $5.16B in 2026 (66.2% below peak).
The highest annual market cap of $15.27B was reported in 2024. The lowest in the available history was $2.81B in 2022.
Among 8 Technology peers, Duolingo (DUOL) ranks 9th; the peer median for market cap is $1.96T.
Duolingo Market Cap by Year
Duolingo Market Cap 2026: $5.16B
Duolingo market cap in 2026 was $5.16B, plunged 39.1% below 2025.
Duolingo Market Cap 2025: $8.48B
Duolingo market cap in 2025 was $8.48B, plunged 44.5% below 2024.
Duolingo Market Cap 2024: $15.27B
Duolingo market cap in 2024 was $15.27B, surged 44.7% from 2023. This figure represents the highest annual value in the available history.
Duolingo Market Cap 2023: $10.55B
Duolingo market cap in 2023 was $10.55B, surged 275.9% from 2022.
Duolingo Market Cap 2022: $2.81B
Duolingo market cap in 2022 was $2.81B.
See more financial history for Duolingo (DUOL).
Sector peers — Market Cap
Companies in the same sector as Duolingo, ranked by their latest market cap.
| Company | Market Cap | Sector |
|---|---|---|
| NVIDIA Corporation (NVDA) | $5.18T | Technology |
| Apple Inc. (AAPL) | $3.98T | Technology |
| Microsoft Corporation (MSFT) | $3.15T | Technology |
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $2.03T | Technology |
| Broadcom Inc. (AVGO) | $1.89T | Technology |
| Micron Technology, Inc. (MU) | $568.70B | Technology |
| ASML Holding N.V. (ASML) | $533.63B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $522.87B | Technology |
Frequently asked questions
What is Duolingo's market cap?
- Latest reported market cap for Duolingo (DUOL) is $8.18B (period ending December 31, 2025).
How has Duolingo market cap changed year-over-year?
- Duolingo (DUOL) market cap changed -39.1% year-over-year on the latest annual filing.
What is the long-term growth rate of Duolingo market cap?
- Duolingo (DUOL) market cap compound annual growth rate is +4.9% over the most recent 5 years available.
When did Duolingo market cap hit its highest annual value?
- Duolingo market cap reached its highest annual value of $15.27B in 2024.
What was Duolingo market cap in 2025?
- Duolingo (DUOL) market cap in 2025 was $8.48B.
What was Duolingo market cap in 2026?
- Duolingo (DUOL) market cap in 2026 was $5.16B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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