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Side-by-side financial comparison of Climb Global Solutions, Inc. (CLMB) and Duolingo, Inc. (DUOL). Click either name above to swap in a different company.

Duolingo, Inc. is the larger business by last-quarter revenue ($282.9M vs $182.4M, roughly 1.6× Climb Global Solutions, Inc.). Duolingo, Inc. runs the higher net margin — 14.8% vs 1.8%, a 13.0% gap on every dollar of revenue. On growth, Duolingo, Inc. posted the faster year-over-year revenue change (35.0% vs 32.1%). Over the past eight quarters, Climb Global Solutions, Inc.'s revenue compounded faster (40.7% CAGR vs 29.9%).

Univar Solutions Inc. is a global chemical and ingredients distributor and provider of value-added services.

Duolingo, Inc. is a leading global edtech firm operating a gamified language learning platform. It offers free and premium self-paced courses for over 40 languages, plus language certification, math learning tools, and literacy programs, serving individual learners, schools and corporate clients worldwide.

CLMB vs DUOL — Head-to-Head

Bigger by revenue
DUOL
DUOL
1.6× larger
DUOL
$282.9M
$182.4M
CLMB
Growing faster (revenue YoY)
DUOL
DUOL
+2.9% gap
DUOL
35.0%
32.1%
CLMB
Higher net margin
DUOL
DUOL
13.0% more per $
DUOL
14.8%
1.8%
CLMB
Faster 2-yr revenue CAGR
CLMB
CLMB
Annualised
CLMB
40.7%
29.9%
DUOL

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CLMB
CLMB
DUOL
DUOL
Revenue
$182.4M
$282.9M
Net Profit
$3.3M
$42.0M
Gross Margin
14.5%
72.8%
Operating Margin
2.1%
15.4%
Net Margin
1.8%
14.8%
Revenue YoY
32.1%
35.0%
Net Profit YoY
-9.5%
201.7%
EPS (diluted)
$0.18
$0.99

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CLMB
CLMB
DUOL
DUOL
Q1 26
$182.4M
Q4 25
$193.8M
$282.9M
Q3 25
$161.3M
$271.7M
Q2 25
$159.3M
$252.3M
Q1 25
$138.0M
$230.7M
Q4 24
$161.8M
$209.6M
Q3 24
$119.3M
$192.6M
Q2 24
$92.1M
$178.3M
Net Profit
CLMB
CLMB
DUOL
DUOL
Q1 26
$3.3M
Q4 25
$7.0M
$42.0M
Q3 25
$4.7M
$292.2M
Q2 25
$6.0M
$44.8M
Q1 25
$3.7M
$35.1M
Q4 24
$7.0M
$13.9M
Q3 24
$5.5M
$23.4M
Q2 24
$3.4M
$24.4M
Gross Margin
CLMB
CLMB
DUOL
DUOL
Q1 26
14.5%
Q4 25
15.4%
72.8%
Q3 25
15.9%
72.5%
Q2 25
16.5%
72.4%
Q1 25
16.9%
71.1%
Q4 24
19.3%
71.9%
Q3 24
20.3%
72.9%
Q2 24
20.2%
73.4%
Operating Margin
CLMB
CLMB
DUOL
DUOL
Q1 26
2.1%
Q4 25
4.9%
15.4%
Q3 25
4.3%
12.9%
Q2 25
5.0%
13.2%
Q1 25
3.5%
10.2%
Q4 24
7.2%
6.6%
Q3 24
7.1%
7.0%
Q2 24
4.6%
10.5%
Net Margin
CLMB
CLMB
DUOL
DUOL
Q1 26
1.8%
Q4 25
3.6%
14.8%
Q3 25
2.9%
107.5%
Q2 25
3.7%
17.8%
Q1 25
2.7%
15.2%
Q4 24
4.3%
6.6%
Q3 24
4.6%
12.1%
Q2 24
3.7%
13.7%
EPS (diluted)
CLMB
CLMB
DUOL
DUOL
Q1 26
$0.18
Q4 25
$1.51
$0.99
Q3 25
$1.02
$5.95
Q2 25
$1.30
$0.91
Q1 25
$0.81
$0.72
Q4 24
$1.52
$0.31
Q3 24
$1.19
$0.49
Q2 24
$0.75
$0.51

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CLMB
CLMB
DUOL
DUOL
Cash + ST InvestmentsLiquidity on hand
$41.8M
$1.0B
Total DebtLower is stronger
Stockholders' EquityBook value
$118.4M
$1.3B
Total Assets
$458.8M
$2.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLMB
CLMB
DUOL
DUOL
Q1 26
$41.8M
Q4 25
$36.6M
$1.0B
Q3 25
$49.8M
$1.0B
Q2 25
$28.6M
$976.2M
Q1 25
$32.5M
$884.0M
Q4 24
$29.8M
$785.8M
Q3 24
$22.1M
$854.4M
Q2 24
$48.4M
$888.2M
Stockholders' Equity
CLMB
CLMB
DUOL
DUOL
Q1 26
$118.4M
Q4 25
$116.6M
$1.3B
Q3 25
$109.3M
$1.3B
Q2 25
$105.2M
$977.0M
Q1 25
$95.6M
$893.8M
Q4 24
$90.6M
$824.5M
Q3 24
$87.7M
$822.5M
Q2 24
$79.8M
$766.9M
Total Assets
CLMB
CLMB
DUOL
DUOL
Q1 26
$458.8M
Q4 25
$460.2M
$2.0B
Q3 25
$376.1M
$1.9B
Q2 25
$420.7M
$1.5B
Q1 25
$370.1M
$1.4B
Q4 24
$469.2M
$1.3B
Q3 24
$371.9M
$1.2B
Q2 24
$302.8M
$1.1B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CLMB
CLMB
DUOL
DUOL
Operating Cash FlowLast quarter
$107.3M
Free Cash FlowOCF − Capex
$96.6M
FCF MarginFCF / Revenue
34.1%
Capex IntensityCapex / Revenue
3.8%
Cash ConversionOCF / Net Profit
2.56×
TTM Free Cash FlowTrailing 4 quarters
$369.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CLMB
CLMB
DUOL
DUOL
Q1 26
Q4 25
$-11.9M
$107.3M
Q3 25
$22.2M
$84.2M
Q2 25
$-2.2M
$90.7M
Q1 25
$8.5M
$105.6M
Q4 24
$16.0M
$83.3M
Q3 24
$-3.6M
$56.3M
Q2 24
$7.3M
$62.4M
Free Cash Flow
CLMB
CLMB
DUOL
DUOL
Q1 26
Q4 25
$96.6M
Q3 25
$79.4M
Q2 25
$89.5M
Q1 25
$104.3M
Q4 24
$81.4M
Q3 24
$53.1M
Q2 24
$56.8M
FCF Margin
CLMB
CLMB
DUOL
DUOL
Q1 26
Q4 25
34.1%
Q3 25
29.2%
Q2 25
35.5%
Q1 25
45.2%
Q4 24
38.8%
Q3 24
27.6%
Q2 24
31.9%
Capex Intensity
CLMB
CLMB
DUOL
DUOL
Q1 26
Q4 25
3.8%
Q3 25
1.8%
Q2 25
0.5%
Q1 25
0.6%
Q4 24
0.9%
Q3 24
1.7%
Q2 24
3.1%
Cash Conversion
CLMB
CLMB
DUOL
DUOL
Q1 26
Q4 25
-1.70×
2.56×
Q3 25
4.73×
0.29×
Q2 25
-0.37×
2.02×
Q1 25
2.30×
3.01×
Q4 24
2.29×
5.99×
Q3 24
-0.66×
2.41×
Q2 24
2.13×
2.56×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CLMB
CLMB

Segment breakdown not available.

DUOL
DUOL

License And Service$242.3M86%
Advertising$20.2M7%
English Test$10.3M4%
Other$10.1M4%

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