Added to YB: 2026-05-14
Pitch date: 2026-05-13
DUOL [neutral]
Duolingo, Inc.
Author Info
Lorenzo's 2 cents shares analyses of tech companies. Sign up for the newsletter.
Company Info
Duolingo, Inc. operates as a mobile learning platform in the United States, the United Kingdom, and internationally.
Market Cap
$4.9B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
19.81
P/E
12.15
EV/Sales
3.44
Sector
Diversified Consumer Services
Category
growth
Duolingo: The Owl Has a Distribution Problem
DUOL (holding update): Q1 rev $292M (+27% YoY), DAUs +21%, subs +21%, 50.6% FCF margin. BUT MAUs +6% YoY, +3.5% QoQ signals top-of-funnel problem. Mgmt admits flat user acquisition, relies on uncontrollable word-of-mouth vs paid marketing. Product improving w/ AI (20.5k course units vs 1.8k/Q in 2024), speaking features closing historical gap. Asia/China growth + profitable performance marketing there offers hope. Risk: better teaching may not restart user growth. Yellow flag, not red.
Read full article (8 min)