DUOL
Duolingo, Inc.
NasdaqGSUSDEQUITY
Technology
DELAYED
Buy
+23/100
Last price
148.49
▲ 1.39 (0.94%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
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Open
146.77
Prev close
147.10
Day high
149.76
Day low
144.68
Volume
561.48K
Market cap
$6.90B
P/E (TTM)
17.47
52W range
87.89 – 353.00
Day trading desk
Gap from prior close
-0.22%
Prior close 147.10
VWAP
147.80
+0.47% from price
Relative volume
0.40×
Quiet session
Session range
3.51%
144.68 – 149.76
Position in range
75%
Near session high
ATR (14D)
6.32
4.26% of price
Prior day high
147.75
PDH
Prior day low
142.51
PDL
Bid / ask spread
—
Quote not published
Session volume
457.79K
Avg 1.16M
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
+3.86%
+1.9%
1M
-4.10%
-5.3%
3M
+16.12%
+11.6%
6M
+53.84%
+35.7%
YTD
-15.60%
-29.8%
1Y
-54.09%
-70.5%
3Y
-10.70%
-92.9%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on DUOL open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
+288.56K
Net buying
Buy transactions
22
410.47K shares
Sell transactions
10
121.91K shares
Net transactions
+32
Buys less sells
Sell : buy shares
0.3 : 1
Mixed
Insider-held shares
700.86K
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Sep 24, 26 | VON AHN LUIS ARELLANO Chief Executive Officer |
SELL | 46.68K | $7.03M | Direct |
| Sep 24, 26 | VON AHN LUIS ARELLANO Chief Executive Officer |
CONVERSION | 46.68K | $1.78M | Direct |
| Sep 22, 26 | VON AHN LUIS ARELLANO Chief Executive Officer |
SELL | 40.98K | $6.17M | Direct |
| Sep 22, 26 | VON AHN LUIS ARELLANO Chief Executive Officer |
CONVERSION | 40.98K | $898.99K | Direct |
| Sep 14, 26 | CHEN STEPHEN C General Counsel |
SELL | 8.07K | $1.21M | Direct |
| Sep 8, 26 | GORDON WILLIAM BINGHAM Director |
SELL | 10.00K | $1.46M | Direct |
| Aug 18, 26 | GLANCE NATALIE Officer |
SELL | 4.29K | $567.32K | Direct |
| Aug 17, 26 | CHEN STEPHEN C General Counsel |
SELL | 1.02K | $132.23K | Direct |
| Aug 17, 26 | MEESE ROBERT Officer |
SELL | 1.35K | $174.84K | Direct |
| Aug 10, 26 | KRAWCHECK SALLIE L Director |
STOCK | 4.59K | $0 | Direct |
| Jul 10, 26 | LILLY JOHN OSBORNE III Director |
STOCK | 118 | $14.72K | Direct |
| Jul 10, 26 | SHELTON JAMES H Director |
STOCK | 120 | $14.97K | Direct |
| Jul 10, 26 | BOHUTINSKY AMY C Director |
STOCK | 130 | $16.22K | Direct |
| Jul 10, 26 | SCHLOSSER MARIO T Director |
STOCK | 140 | $17.47K | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
BOHUTINSKY AMY C |
Director | 7.66K | Stock Award(Grant) |
CHEN STEPHEN C |
General Counsel | 43.77K | Sale |
CLEMENS SARA |
Director | 5.96K | Stock Award(Grant) |
GLANCE NATALIE |
Officer | 169.24K | Sale |
GORDON WILLIAM BINGHAM |
Director | 68.42K | Sale |
LILLY JOHN OSBORNE III |
Director | 9.02K | Stock Award(Grant) |
MEESE ROBERT |
Officer | 172.99K | Sale |
MUNSON GILLIAN M |
Chief Financial Officer | 137.66K | Stock Award(Grant) |
SHELTON JAMES H |
Director | 11.75K | Stock Award(Grant) |
SKARUPPA MATTHEW |
Chief Financial Officer | 31.63K | Sale |
Fundamentals
Market cap$6.90B
Enterprise value$5.70B
Revenue (TTM)$1.15B
Gross profit$832.62M
EBITDA$179.03M
Net income$410.77M
EPS (TTM)$8.48
Free cash flow$300.20M
Total cash$1.31B
Total debt$86.14M
Book value / share$30.17
Shares outstanding40.24M
Float39.97M
Short % of float18.72%
Dividend yield0.00%
Beta (5Y)1.05
Valuation & profitability ratios
Trailing P/E17.47
Forward P/E19.39
PEG ratio—
Price / sales—
Price / book4.91
EV / revenue4.98
EV / EBITDA31.85
Gross margin72.72%
Operating margin11.68%
Profit margin35.88%
Return on equity34.42%
Return on assets5.64%
Debt / equity6.11
Current ratio2.72
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $1.04B | $748.02M | $531.11M | $369.50M | +38.7% |
| Operating revenue | $1.04B | $746.73M | $530.43M | $368.87M | +38.7% |
| Cost of revenue | $288.13M | $203.65M | $142.10M | $99.43M | +41.5% |
| Gross profit | $749.46M | $544.38M | $389.00M | $270.06M | +37.7% |
| Research & development | $306.32M | $235.30M | $194.35M | $150.44M | +30.2% |
| Selling, general & admin | $307.56M | $246.49M | $207.91M | $184.81M | +24.8% |
| Total operating expense | $613.89M | $481.78M | $402.26M | $335.26M | +27.4% |
| Operating income | $135.57M | $62.59M | -$13.26M | -$65.19M | +116.6% |
| Net interest income | $45.23M | $42.70M | $31.09M | $7.24M | +5.9% |
| Pre-tax income | $182.41M | $102.31M | $17.78M | -$58.64M | +78.3% |
| Tax provision | -$231.66M | $13.73M | $1.71M | $938.00K | -1,787.0% |
| Net income | $414.06M | $88.57M | $16.07M | -$59.57M | +367.5% |
| Net income to common | $414.06M | $88.57M | $16.07M | -$59.57M | +367.5% |
| Basic EPS | 8.88 | 1.97 | 0.39 | -1.51 | +350.5% |
| Diluted EPS | 8.88 | 1.97 | 0.35 | -1.51 | +350.5% |
| EBIT | $135.57M | $62.59M | -$13.26M | -$65.19M | +116.6% |
| EBITDA | $149.96M | $73.45M | -$6.16M | -$60.33M | +104.2% |
| Basic shares | 46.63M | 44.94M | 41.20M | 39.45M | +3.8% |
| Diluted shares | 46.63M | 44.94M | 45.91M | 39.45M | +3.8% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $1.04B | $785.79M | $747.61M | $608.18M | +31.9% |
| Cash & short-term investments | $1.14B | $877.64M | $747.61M | $608.18M | +29.9% |
| Accounts receivable | $162.83M | $128.92M | $88.97M | $46.73M | +26.3% |
| Total current assets | $1.44B | $1.10B | $897.80M | $697.18M | +30.4% |
| Property, plant & equipment | $116.68M | $66.44M | $30.89M | $35.48M | +75.6% |
| Goodwill & intangibles | $63.64M | $30.44M | $20.05M | $12.55M | +109.1% |
| Total assets | $1.99B | $1.30B | $953.96M | $747.35M | +53.0% |
| Total current liabilities | $551.15M | $422.23M | $277.36M | $181.77M | +30.5% |
| Total debt | $93.78M | $54.66M | $21.09M | $28.41M | +71.6% |
| Total liabilities | $645.18M | $477.18M | $298.46M | $205.27M | +35.2% |
| Retained earnings | $288.22M | -$125.85M | -$214.42M | -$230.49M | +329.0% |
| Shareholder equity | $1.35B | $824.55M | $655.50M | $542.08M | +63.4% |
| Working capital | $885.46M | $679.36M | $620.44M | $515.42M | +30.3% |
| Net tangible assets | $1.28B | $794.11M | $635.46M | $529.53M | +61.6% |
| Shares issued | 46.63M | 44.94M | 42.53M | 40.36M | +3.8% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Net income | $414.06M | $88.57M | $16.07M | -$59.57M | — | +367.5% |
| Depreciation & amortisation | $14.39M | $10.85M | $7.09M | $4.87M | — | +32.6% |
| Stock-based compensation | $137.44M | $110.48M | $95.22M | $73.82M | — | +24.4% |
| Change in working capital | $48.97M | $75.92M | $34.90M | $34.54M | — | -35.5% |
| Operating cash flow | $387.82M | $285.51M | $153.61M | $53.66M | — | +35.8% |
| Capital expenditure | -$27.40M | -$21.14M | -$13.68M | -$10.12M | — | -29.6% |
| Investing cash flow | -$107.68M | -$217.33M | -$13.58M | -$14.17M | — | +50.5% |
| Share buybacks | — | — | $0 | $0 | -$868.00K | — |
| Financing cash flow | -$29.55M | -$30.00M | $2.13M | $14.78M | — | +1.5% |
| Free cash flow | $360.42M | $264.37M | $139.93M | $43.53M | — | +36.3% |
| End cash position | $1.04B | $788.53M | $750.35M | $608.18M | — | +31.8% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $298.45M | $291.97M | $282.87M | $271.71M | $252.26M | +2.2% |
| Operating revenue | $258.04M | $291.29M | $282.34M | $271.25M | $210.68M | -11.4% |
| Cost of revenue | $81.71M | $78.87M | $77.00M | $74.80M | $69.68M | +3.6% |
| Gross profit | $216.74M | $213.10M | $205.87M | $196.91M | $182.58M | +1.7% |
| Research & development | $92.19M | $82.97M | $79.56M | $82.71M | $73.67M | +11.1% |
| Selling, general & admin | $90.60M | $85.59M | $82.86M | $79.05M | $75.55M | +5.8% |
| Total operating expense | $182.79M | $168.57M | $162.41M | $161.75M | $149.22M | +8.4% |
| Operating income | $33.95M | $44.53M | $43.45M | $35.16M | $33.36M | -23.8% |
| Net interest income | $11.83M | $11.81M | $11.60M | $11.79M | $11.43M | +0.2% |
| Pre-tax income | $45.37M | $55.55M | $54.50M | $46.45M | $46.45M | -18.3% |
| Tax provision | $12.21M | $12.09M | $12.55M | -$245.75M | $1.67M | +1.0% |
| Net income | $33.16M | $43.46M | $41.95M | $292.19M | $44.78M | -23.7% |
| Net income to common | $33.16M | $43.46M | $41.95M | $292.19M | $44.78M | -23.7% |
| Basic EPS | 0.71 | 0.93 | 0.90 | 6.36 | 0.98 | -23.7% |
| Diluted EPS | 0.66 | 0.89 | 0.90 | 5.95 | 0.91 | -25.8% |
| EBIT | $33.95M | $44.53M | $43.45M | $35.16M | $33.36M | -23.8% |
| EBITDA | $38.19M | $48.72M | $47.26M | $38.71M | $36.80M | -21.6% |
| Basic shares | 46.70M | 46.73M | 46.63M | 45.94M | 45.69M | -0.1% |
| Diluted shares | 50.24M | 48.83M | 46.63M | 49.11M | 49.21M | +2.9% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.18B | $1.14B | $1.04B | $1.01B | $976.23M | +3.7% |
| Cash & short-term investments | $1.31B | $1.25B | $1.14B | $1.12B | $1.10B | +5.0% |
| Accounts receivable | $130.98M | $125.09M | $162.83M | $124.49M | $112.92M | +4.7% |
| Total current assets | $1.57B | $1.51B | $1.44B | $1.37B | $1.32B | +4.3% |
| Property, plant & equipment | $117.45M | $116.91M | $116.68M | $103.89M | $100.67M | +0.5% |
| Goodwill & intangibles | $62.93M | $63.66M | $63.64M | $63.30M | $30.46M | -1.1% |
| Total assets | $2.07B | $2.06B | $1.99B | $1.89B | $1.54B | +0.8% |
| Total current liabilities | $577.83M | $574.11M | $551.15M | $484.54M | $471.38M | +0.6% |
| Total debt | $86.14M | $91.87M | $93.78M | $93.26M | $93.84M | -6.2% |
| Total liabilities | $664.21M | $666.23M | $645.18M | $578.10M | $565.53M | -0.3% |
| Retained earnings | $364.84M | $331.68M | $288.22M | $246.26M | -$45.93M | +10.0% |
| Shareholder equity | $1.41B | $1.39B | $1.35B | $1.31B | $977.03M | +1.3% |
| Working capital | $993.28M | $931.85M | $885.46M | $882.57M | $852.61M | +6.6% |
| Net tangible assets | $1.35B | $1.33B | $1.28B | $1.24B | $946.57M | +1.4% |
| Shares issued | 46.72M | 46.89M | 46.63M | 46.11M | 45.79M | -0.4% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Net income | $33.16M | $43.46M | $41.95M | $292.19M | $44.78M | — | -23.7% |
| Depreciation & amortisation | $4.25M | $4.19M | $3.81M | $3.55M | $3.44M | — | +1.3% |
| Stock-based compensation | $38.21M | $34.65M | $36.26M | $35.56M | $34.59M | — | +10.3% |
| Change in working capital | $591.00K | $59.30M | $11.35M | -$7.15M | $8.33M | — | -99.0% |
| Operating cash flow | $88.26M | $150.77M | $107.28M | $84.24M | $90.67M | — | -41.5% |
| Capital expenditure | -$9.63M | -$2.98M | -$13.55M | -$6.88M | -$4.35M | — | -222.6% |
| Investing cash flow | $8.28M | -$16.75M | -$43.18M | -$51.67M | -$2.27M | — | +149.4% |
| Share buybacks | -$45.27M | -$24.33M | — | — | $0 | $0 | -86.1% |
| Financing cash flow | -$54.21M | -$31.85M | -$39.25M | $2.75M | $3.83M | — | -70.2% |
| Free cash flow | $78.63M | $147.79M | $93.73M | $77.36M | $86.32M | — | -46.8% |
| End cash position | $1.18B | $1.14B | $1.04B | $1.01B | $978.97M | — | +3.7% |
Options analytics
Put / call volume
0.42
Call-heavy session
Put / call open interest
—
Positioning, not flow
Max pain
75.00
-49.4% from spot
ATM implied vol
0.0%
Nearest strike to spot
Skew (10% OTM)
0.0%
Calls bid over puts
Call volume
477
Contracts, this expiry
Put volume
198
Contracts, this expiry
Heaviest call OI
75.00
0 contracts
Heaviest put OI
110.00
0 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 1.54 | 1.24 | -19.7% |
| Mar 2026 | 1.63 | 1.45 | -10.8% |
| Dec 2025 | 1.68 | 1.59 | -5.2% |
| Sep 2025 | 1.59 | 6.80 | +326.9% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 1.59 | 4 | $302.90M | +11.5% |
| Next quarter | 1.70 | 4 | $314.27M | +11.1% |
| Current year | 6.61 | 7 | $1.21B | +16.3% |
| Next year | 7.64 | 7 | $1.37B | +13.3% |
Analyst targets & ownership
Mean target$134.29
High target$210.00
Low target$80.00
Implied upside-9.56%
Analyst count18
ConsensusHOLD
Strong buy / Buy2 / 4
Hold16
Sell / Strong sell1 / 1
Held by insiders1.50%
Held by institutions99.62%
Institutions holding595
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
144.26
+2.93% from price
SMA 20
145.50
+1.81% from price
SMA 50
143.26
+3.40% from price
SMA 100
131.90
+12.57% from price
SMA 200
127.00
+16.64% from price
EMA 12
145.42
+2.11% from price
EMA 26
145.04
+2.38% from price
EMA 50
141.79
+4.73% from price
RSI (14)
53.2
Neutral
MACD (12,26,9)
0.38
Hist -0.14
ATR (14)
6.32
4.27% of price
Realised vol 30D
53.6%
Annualised
Bollinger upper
153.91
20, 2σ
Bollinger lower
137.10
20, 2σ
50 / 200 cross
Golden
143.26 vs 127.00
Trend bias
Above 200
+16.64%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.72
Less volatile than market
Correlation to SPY
0.15
Largely independent
Realised vol 30D
53.6%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-74.1%
Peak to trough
Max drawdown 5Y
-83.3%
Peak to trough
ATR 14
6.32
4.27% of price
Beta (reported)
1.05
5Y monthly, from filing
Short interest
Shares short
6.57M
Prior 7.09M
Change vs prior
-7.3%
Shorts covering
% of float
18.72%
Elevated
% of shares out
14.05%
Against total outstanding
Days to cover
5.5
Crowded exit
Float
39.97M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Sep 29, 26 | DA Davidson | MAINTAINED | Buy | Buy |
| Sep 14, 26 | DA Davidson | MAINTAINED | Buy | Buy |
| Sep 1, 26 | Evercore ISI Group | UPGRADE | In-Line | Outperform |
| Sep 1, 26 | DA Davidson | MAINTAINED | Buy | Buy |
| Aug 27, 26 | JP Morgan | MAINTAINED | Neutral | Neutral |
| Aug 25, 26 | Argus Research | MAINTAINED | Hold | Hold |
| Aug 20, 26 | Wedbush | MAINTAINED | Neutral | Neutral |
| Aug 18, 26 | DA Davidson | UPGRADE | Neutral | Buy |
| Aug 7, 26 | Wells Fargo | MAINTAINED | Underweight | Underweight |
| Aug 6, 26 | DA Davidson | MAINTAINED | Neutral | Neutral |
| Aug 6, 26 | UBS | MAINTAINED | Buy | Buy |
| Aug 6, 26 | Truist Securities | MAINTAINED | Hold | Hold |
Dividends & splits
Forward rate—
Forward yield0.00%
5-year avg yield—
Payout ratio0.00%
Ex-dividend date—
Next pay date—
Last split—
Split date—
SEC filings
Corporate Changes & Voting Matters
8-K · 2026-08-19
Corporate Changes & Voting Matters
8-K · 2026-08-10
Periodic Financial Reports
10-Q · 2026-08-06
Corporate Changes & Voting Matters
8-K · 2026-08-05
Corporate Changes & Voting Matters
8-K · 2026-06-05
Periodic Financial Reports
10-Q · 2026-05-05
Corporate Changes & Voting Matters
8-K · 2026-05-04
Proxy Statements
DEFA14A · 2026-04-17
Headlines
Duolingo, Inc. (DUOL) Exceeds Market Returns: Some Facts to Consider
Zacks · 5d ago
Duolingo (DUOL) vs Coursera (COUR): Which is a Better Stock to Buy?
Insider Monkey · 7d ago
Don't Skip This Historically Bullish Duolingo Stock Setup
Schaeffer's Investment Research · 7d ago
Duolingo, Inc. (DUOL) Is a Trending Stock: Facts to Know Before Betting on It
Zacks · 8d ago
Duolingo, Inc. (DUOL) Stock Dips While Market Gains: Key Facts
Zacks · 11d ago
Duolingo Insider Sold Shares Worth $6,173,727, According to a Recent SEC Filing
MT Newswires · 13d ago
Can DUOL's Green Machine Sustain Its Strong User Growth Momentum?
Zacks · 14d ago
Duolingo CEO Liquidates His Entire Class A Directly-Held Company Shares for $4.3 Million
Motley Fool · 17d ago
PRIVATE STRATEGY · BY QUALIFICATION
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