Duolingo vs Manhattan Associates
Duolingo and Manhattan Associates are similar in size: $1.04bn and $1.08bn of revenue in their latest fiscal years. Duolingo grew faster (38.7% against 3.7%). Duolingo kept more of each dollar of sales as profit: a net margin of 39.9% against 20.3%.
| Latest fiscal year | DuolingoDUOL, 2025 | Manhattan AssociatesMANH, 2025 |
|---|---|---|
| Revenue | $1.04bn | $1.08bn |
| Revenue growth | 38.7% | 3.7% |
| Net income | $414m | $220m |
| Operating margin | 13.1% | — |
| Net margin | 39.9% | 20.3% |
| Return on equity | 38.1% | 71.7% |
| Free cash flow | $370m | $374m |
| Cash | $1.04bn | $329m |
| Total debt | $0 | $0 |
| Debt to equity | 0.0% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $315m |
| Employees | 720 | 4,370 |
| Market value | $6.47bn | $14.92bn |
| Price vs our value range | Below our value range | Above our value range |
| Moat score | 72 (Strong) | 74 (Strong) |
| Insider trades, 12 months | 1 buys, 85 sales | 0 buys, 6 sales |