vs

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

Bigger by revenue
DUOL
DUOL
1.2× larger
DUOL
$295.5M
$245.4M
DOUG
Growing faster (revenue YoY)
DUOL
DUOL
+26.1% gap
DUOL
27.0%
0.9%
DOUG
Higher net margin
DOUG
DOUG
16.1% more per $
DOUG
27.9%
11.9%
DUOL
More free cash flow
DUOL
DUOL
$117.7M more FCF
DUOL
$103.0M
$-14.7M
DOUG
Faster 2-yr revenue CAGR
DUOL
DUOL
Annualised
DUOL
28.7%
10.7%
DOUG

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
DOUG
DOUG
DUOL
DUOL
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.

Revenue
DOUG
DOUG
DUOL
DUOL
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
Net Profit
DOUG
DOUG
DUOL
DUOL
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
Gross Margin
DOUG
DOUG
DUOL
DUOL
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%
Operating Margin
DOUG
DOUG
DUOL
DUOL
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%
Net Margin
DOUG
DOUG
DUOL
DUOL
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%
EPS (diluted)
DOUG
DOUG
DUOL
DUOL
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
DOUG
DOUG
DUOL
DUOL
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.

Cash + ST Investments
DOUG
DOUG
DUOL
DUOL
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
Stockholders' Equity
DOUG
DOUG
DUOL
DUOL
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
Total Assets
DOUG
DOUG
DUOL
DUOL
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
DOUG
DOUG
DUOL
DUOL
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.

Operating Cash Flow
DOUG
DOUG
DUOL
DUOL
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
Free Cash Flow
DOUG
DOUG
DUOL
DUOL
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
FCF Margin
DOUG
DOUG
DUOL
DUOL
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%
Capex Intensity
DOUG
DOUG
DUOL
DUOL
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%
Cash Conversion
DOUG
DOUG
DUOL
DUOL
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
DOUG

Commissions And Other Brokerage Income$240.3M98%
Property Management Income$2.8M1%
Property Management$2.2M1%

DUOL
DUOL

Bookings$283.5M96%
Other$12.0M4%

Related Comparisons