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.
APP
AppLovin Corporation
$315.44TechnologyDelayed quote: Aug 14, 2026, 4:00 PM EDT
DUOL
Duolingo, Inc.
$132.83TechnologyDelayed quote: Aug 14, 2026, 4:00 PM EDT
Total return — APP vs DUOL
growth of $100 · dividends reinvested · last 5yAPP +383.7% (+37.1%/yr)DUOL -4.4% (-0.9%/yr)APP compounded faster over this window
Log scale — wide-divergence pair
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
| Metric | APP | DUOL |
|---|---|---|
| P/E ratio | 24.25 | 15.93 |
| Forward P/E | 19.75 | 47.04 |
| P/S ratio | 15.61 | 5.80 |
| P/B ratio | 33.70 | 4.71 |
| EV / EBITDA | 19.74 | 31.17 |
| FCF yield | 4.22% | 8.40% |
Profitability
| Metric | APP | DUOL |
|---|---|---|
| Gross margin | 88.46% | 72.34% |
| Operating margin | 77.44% | 14.18% |
| Net margin | 64.58% | 35.87% |
| ROE | 139.42% | 29.14% |
| ROIC | 60.71% | 9.80% |
Growth (annualized)
| Metric | APP | DUOL |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
AppLovin P/E ratioDuolingo P/E ratioAppLovin ROEDuolingo ROEAppLovin operating marginDuolingo operating marginAppLovin revenue growthDuolingo revenue growthAppLovin free cash flowDuolingo free cash flow
AppLovin & Duolingo appear in these rankings
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.