Duolingo vs Five9
Duolingo and Five9 are similar in size: $1.04bn and $1.15bn of revenue in their latest fiscal years. Duolingo grew faster (38.7% against 10.3%). Duolingo kept more of each dollar of sales as profit: a net margin of 39.9% against 3.4%. Duolingo carries less debt relative to equity (0.0% against 93.6%).
| Latest fiscal year | DuolingoDUOL, 2025 | Five9FIVN, 2025 |
|---|---|---|
| Revenue | $1.04bn | $1.15bn |
| Revenue growth | 38.7% | 10.3% |
| Net income | $414m | $39.4m |
| Operating margin | 13.1% | 2.5% |
| Net margin | 39.9% | 3.4% |
| Return on equity | 38.1% | 5.6% |
| Free cash flow | $370m | $201m |
| Cash | $1.04bn | $232m |
| Total debt | $0 | $735m |
| Debt to equity | 0.0% | 93.6% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $50.0m |
| Employees | 720 | 2,910 |
| Market value | $6.47bn | $2.67bn |
| Price vs our value range | Below our value range | — |
| Moat score | 72 (Strong) | 33 (Weak) |
| Insider trades, 12 months | 1 buys, 85 sales | 0 buys, 56 sales |