AppLovin Corporation (APP) vs Duolingo, Inc. (DUOL)

A side-by-side comparison of AppLovin Corporation and Duolingo, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 16, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnAPP vs DUOL

growth of $100 · dividends reinvested · last 5y
APP +383.7% (+37.1%/yr)DUOL -4.4% (-0.9%/yr)APP compounded faster over this window
Log scale — wide-divergence pair
101001k10kStart $10020222023202420252026$484$96
APP DUOL

APP vs DUOL: by the numbers

  • APP is the larger company ($105.97B vs $6.19B market cap).
  • DUOL trades at the lower trailing earnings multiple (15.93 vs 24.25 P/E), one valuation lens rather than an overall verdict.
  • APP converts more revenue to profit (64.58% vs 35.87% net margin).
  • DUOL grew revenue faster over the past five years (40.70% vs 25.84% CAGR).

Metrics side by side

Valuation

MetricAPPDUOL
P/E ratio24.2515.93
Forward P/E19.7547.04
P/S ratio15.615.80
P/B ratio33.704.71
EV / EBITDA19.7431.17
FCF yield4.22%8.40%

Profitability

MetricAPPDUOL
Gross margin88.46%72.34%
Operating margin77.44%14.18%
Net margin64.58%35.87%
ROE139.42%29.14%
ROIC60.71%9.80%

Growth (annualized)

MetricAPPDUOL
Revenue CAGR (5Y)25.84%40.70%
EPS CAGR (5Y)73.54%N/A
FCF CAGR (5Y)73.58%91.58%
Total return CAGR (5Y)41.05%-0.56%

Frequently asked

Which has the lower trailing P/E, APP or DUOL?
DUOL has the lower trailing P/E: APP trades at 24.25 and DUOL at 15.93. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, APP or DUOL?
Over the past five years, DUOL grew revenue faster — APP at a 25.84% CAGR versus DUOL at 40.70%.
Is APP or DUOL more profitable?
APP runs the higher net margin — APP at 64.58% versus DUOL at 35.87%.
How have APP and DUOL total returns compared?
Over the past 5 years, APP delivered 41.05% and DUOL delivered -0.56% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 16, 2026.