Company / Operating Margin
Duolingo Operating Margin History
FY2020-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
13.1%
FY2025
5-year range
-17.6% / 13.1%
FY2021-FY2025
Trend
+56.2%
vs FY2024
Sector context
#56 of 195
Consumer Discretionary
What the data says
At 13.1%, Duolingo's operating margin ranks #56 of 195 in the Consumer Discretionary sector. Operating Margin has increased for 3 consecutive years, from -17.6% in FY2022 to 13.1% in FY2025.
Based on SEC 10-K filings.
13.1% in FY2025 with a 5-year CAGR of +23.0%.
Improved from -2.5% to 13.1% over the past 2 years.
Consumer Discretionary sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +30.7pp
- 5-Year Change
- +23.0pp
- 10-Year Change
- -
Sector benchmark
#56 of 195 in Consumer DiscretionaryTop 29% of 195This company 13.1% Sector average 3.6%
▼
+264.5% above sector average
Key checks
Key Insights
- Duolingo's operating margin has grown for 3 consecutive years.
- In FY2025, operating margin increased 56.2% year-over-year.
- Currently 9.5pp above the Consumer Discretionary sector average.
- Lowest operating margin in the period was in FY2022.
Company context
Key Data Points
- Strong profit margin: 40.0%
- Strong return on equity: 29.5%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 13.1% | +56.2% |
| FY2024 | 8.4% | +434.8% |
| FY2023 | -2.5% | +85.8% |
| FY2022 | -17.6% | -78.2% |
| FY2021 | -9.9% | +0.0% |
| FY2020 | -9.9% | - |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026