Duolingo, Inc. (DUOL) Return on equity 2021–2025
Duolingo, Inc. (DUOL) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
30.7%FY2025 · since FY2021: -11.7% → 30.7%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 30.7% | +20.0 pp |
| FY2024 | 10.7% | +8.3 pp |
| FY2023 | 2.5% | +13.4 pp |
| FY2022 | -11.0% | +0.7 pp |
| FY2021 | -11.7% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice