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Side-by-side financial comparison of Douglas Elliman Inc. (DOUG) and Duolingo, Inc. (DUOL). Click either name above to swap in a different company.
Duolingo, Inc. is the larger business by last-quarter revenue ($295.5M vs $245.4M, roughly 1.2× Douglas Elliman Inc.). Douglas Elliman Inc. runs the higher net margin — 27.9% vs 11.9%, a 16.1% gap on every dollar of revenue. On growth, Duolingo, Inc. posted the faster year-over-year revenue change (27.0% vs 0.9%). Duolingo, Inc. produced more free cash flow last quarter ($103.0M vs $-14.7M). Over the past eight quarters, Duolingo, Inc.'s revenue compounded faster (28.7% CAGR vs 10.7%).
Douglas Elliman Inc. is a leading U.S.-based residential real estate brokerage firm. It offers luxury property sales, rentals, property management, and advisory solutions, serving high-net-worth clients across key metro markets including New York, California, Florida, and Texas.
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.
DOUG vs DUOL — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $245.4M | $295.5M |
| Net Profit | $68.6M | $35.1M |
| Gross Margin | — | 55.5% |
| Operating Margin | 27.3% | 8.0% |
| Net Margin | 27.9% | 11.9% |
| Revenue YoY | 0.9% | 27.0% |
| Net Profit YoY | 1243.4% | 24.0% |
| EPS (diluted) | $0.80 | $0.72 |
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.
| Q1 26 | — | $295.5M | ||
| Q4 25 | $245.4M | $282.9M | ||
| Q3 25 | $262.8M | $271.7M | ||
| Q2 25 | $271.4M | $252.3M | ||
| Q1 25 | $253.4M | $230.7M | ||
| Q4 24 | $243.3M | $209.6M | ||
| Q3 24 | $266.3M | $192.6M | ||
| Q2 24 | $285.8M | $178.3M |
| Q1 26 | — | $35.1M | ||
| Q4 25 | $68.6M | $42.0M | ||
| Q3 25 | $-24.7M | $292.2M | ||
| Q2 25 | $-22.7M | $44.8M | ||
| Q1 25 | $-6.0M | $35.1M | ||
| Q4 24 | $-6.0M | $13.9M | ||
| Q3 24 | $-27.2M | $23.4M | ||
| Q2 24 | $-1.7M | $24.4M |
| Q1 26 | — | 55.5% | ||
| Q4 25 | — | 72.8% | ||
| Q3 25 | — | 72.5% | ||
| Q2 25 | — | 72.4% | ||
| Q1 25 | — | 71.1% | ||
| Q4 24 | — | 71.9% | ||
| Q3 24 | — | 72.9% | ||
| Q2 24 | — | 73.4% |
| Q1 26 | — | 8.0% | ||
| Q4 25 | 27.3% | 15.4% | ||
| Q3 25 | -4.1% | 12.9% | ||
| Q2 25 | -2.0% | 13.2% | ||
| Q1 25 | -2.1% | 10.2% | ||
| Q4 24 | -6.7% | 6.6% | ||
| Q3 24 | -2.8% | 7.0% | ||
| Q2 24 | -1.3% | 10.5% |
| Q1 26 | — | 11.9% | ||
| Q4 25 | 27.9% | 14.8% | ||
| Q3 25 | -9.4% | 107.5% | ||
| Q2 25 | -8.4% | 17.8% | ||
| Q1 25 | -2.4% | 15.2% | ||
| Q4 24 | -2.5% | 6.6% | ||
| Q3 24 | -10.2% | 12.1% | ||
| Q2 24 | -0.6% | 13.7% |
| Q1 26 | — | $0.72 | ||
| Q4 25 | $0.80 | $0.99 | ||
| Q3 25 | $-0.29 | $5.95 | ||
| Q2 25 | $-0.27 | $0.91 | ||
| Q1 25 | $-0.07 | $0.72 | ||
| Q4 24 | $-0.06 | $0.31 | ||
| Q3 24 | $-0.33 | $0.49 | ||
| Q2 24 | $-0.02 | $0.51 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $115.5M | $1.1B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $183.9M | $1.3B |
| Total Assets | $444.4M | $2.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $1.1B | ||
| Q4 25 | $115.5M | $1.0B | ||
| Q3 25 | $143.0M | $1.0B | ||
| Q2 25 | $136.3M | $976.2M | ||
| Q1 25 | $136.8M | $884.0M | ||
| Q4 24 | $145.5M | $785.8M | ||
| Q3 24 | $151.4M | $854.4M | ||
| Q2 24 | $92.9M | $888.2M |
| Q1 26 | — | $1.3B | ||
| Q4 25 | $183.9M | $1.3B | ||
| Q3 25 | $115.1M | $1.3B | ||
| Q2 25 | $137.6M | $977.0M | ||
| Q1 25 | $158.2M | $893.8M | ||
| Q4 24 | $162.2M | $824.5M | ||
| Q3 24 | $173.6M | $822.5M | ||
| Q2 24 | $196.9M | $766.9M |
| Q1 26 | — | $2.0B | ||
| Q4 25 | $444.4M | $2.0B | ||
| Q3 25 | $480.6M | $1.9B | ||
| Q2 25 | $489.0M | $1.5B | ||
| Q1 25 | $493.9M | $1.4B | ||
| Q4 24 | $493.9M | $1.3B | ||
| Q3 24 | $502.7M | $1.2B | ||
| Q2 24 | $463.9M | $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 | ||
|---|---|---|
| Operating Cash FlowLast quarter | $-14.4M | $105.6M |
| Free Cash FlowOCF − Capex | $-14.7M | $103.0M |
| FCF MarginFCF / Revenue | -6.0% | 34.9% |
| Capex IntensityCapex / Revenue | 0.1% | — |
| Cash ConversionOCF / Net Profit | -0.21× | 3.01× |
| TTM Free Cash FlowTrailing 4 quarters | $-17.2M | $368.4M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $105.6M | ||
| Q4 25 | $-14.4M | $107.3M | ||
| Q3 25 | $5.5M | $84.2M | ||
| Q2 25 | $642.0K | $90.7M | ||
| Q1 25 | $-5.6M | $105.6M | ||
| Q4 24 | $-9.0M | $83.3M | ||
| Q3 24 | $9.0M | $56.3M | ||
| Q2 24 | $1.3M | $62.4M |
| Q1 26 | — | $103.0M | ||
| Q4 25 | $-14.7M | $96.6M | ||
| Q3 25 | $4.7M | $79.4M | ||
| Q2 25 | $-575.0K | $89.5M | ||
| Q1 25 | $-6.7M | $104.3M | ||
| Q4 24 | $-10.2M | $81.4M | ||
| Q3 24 | $7.7M | $53.1M | ||
| Q2 24 | $432.0K | $56.8M |
| Q1 26 | — | 34.9% | ||
| Q4 25 | -6.0% | 34.1% | ||
| Q3 25 | 1.8% | 29.2% | ||
| Q2 25 | -0.2% | 35.5% | ||
| Q1 25 | -2.6% | 45.2% | ||
| Q4 24 | -4.2% | 38.8% | ||
| Q3 24 | 2.9% | 27.6% | ||
| Q2 24 | 0.2% | 31.9% |
| Q1 26 | — | — | ||
| Q4 25 | 0.1% | 3.8% | ||
| Q3 25 | 0.3% | 1.8% | ||
| Q2 25 | 0.4% | 0.5% | ||
| Q1 25 | 0.4% | 0.6% | ||
| Q4 24 | 0.5% | 0.9% | ||
| Q3 24 | 0.5% | 1.7% | ||
| Q2 24 | 0.3% | 3.1% |
| Q1 26 | — | 3.01× | ||
| Q4 25 | -0.21× | 2.56× | ||
| Q3 25 | — | 0.29× | ||
| Q2 25 | — | 2.02× | ||
| Q1 25 | — | 3.01× | ||
| Q4 24 | — | 5.99× | ||
| Q3 24 | — | 2.41× | ||
| Q2 24 | — | 2.56× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DOUG
| Commissions And Other Brokerage Income | $240.3M | 98% |
| Property Management Income | $2.8M | 1% |
| Property Management | $2.2M | 1% |
DUOL
| Bookings | $283.5M | 96% |
| Other | $12.0M | 4% |