Filing Flows › Duolingo (DUOL) › Operating margin
Duolingo (DUOL) operating margin by quarter
Duolingo's operating margin was 7.8% in Q3 2026 (third quarter 2026), -3.5 pts from Q2 2026. Over the last 7 quarters it ranged from 7.8% (Q3 2026) to 15.4% (Q4 2025).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 7.8% | -3.5 pts | -5.1 pts |
| Q2 2026 | 11.4% | -3.9 pts | -1.9 pts |
| Q1 2026 | 15.3% | -0.1 pts | +5.0 pts |
| Q4 2025 | 15.4% | +2.4 pts | — |
| Q3 2025 | 12.9% | -0.3 pts | — |
| Q2 2025 | 13.2% | +3.0 pts | — |
| Q1 2025 | 10.2% | — | — |
Q3 2026 at a glance
Duolingo, Q3 2026: revenue $309M (+14% year over year), operating margin 7.8%, net earnings $27.2M, operating cash flow $89.4M. The chart follows the revenue to costs, profit and cash.
Questions
What is Duolingo's operating margin?
Duolingo's operating margin was 7.8% in Q3 2026 (third quarter 2026), -3.5 pts from Q2 2026.
How has Duolingo's operating margin changed?
Over the last 7 quarters it ranged from 7.8% (Q3 2026) to 15.4% (Q4 2025).