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Side-by-side financial comparison of Duolingo, Inc. (DUOL) and ENERPAC TOOL GROUP CORP (EPAC). Click either name above to swap in a different company.

Duolingo, Inc. is the larger business by last-quarter revenue ($282.9M vs $144.2M, roughly 2.0× ENERPAC TOOL GROUP CORP). Duolingo, Inc. runs the higher net margin — 14.8% vs 13.3%, a 1.6% gap on every dollar of revenue. On growth, Duolingo, Inc. posted the faster year-over-year revenue change (35.0% vs -0.7%). Duolingo, Inc. produced more free cash flow last quarter ($96.6M vs $13.3M). Over the past eight quarters, Duolingo, Inc.'s revenue compounded faster (29.9% CAGR vs 2.1%).

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.

Enerpac Tool Group Corp., formerly Actuant Corporation, was founded in 1910 and is headquartered in Menomonee Falls, Wisconsin. Enerpac Tool Group common stock trades on the NYSE under the symbol EPAC.

DUOL vs EPAC — Head-to-Head

Bigger by revenue
DUOL
DUOL
2.0× larger
DUOL
$282.9M
$144.2M
EPAC
Growing faster (revenue YoY)
DUOL
DUOL
+35.7% gap
DUOL
35.0%
-0.7%
EPAC
Higher net margin
DUOL
DUOL
1.6% more per $
DUOL
14.8%
13.3%
EPAC
More free cash flow
DUOL
DUOL
$83.3M more FCF
DUOL
$96.6M
$13.3M
EPAC
Faster 2-yr revenue CAGR
DUOL
DUOL
Annualised
DUOL
29.9%
2.1%
EPAC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
DUOL
DUOL
EPAC
EPAC
Revenue
$282.9M
$144.2M
Net Profit
$42.0M
$19.1M
Gross Margin
72.8%
50.7%
Operating Margin
15.4%
19.8%
Net Margin
14.8%
13.3%
Revenue YoY
35.0%
-0.7%
Net Profit YoY
201.7%
-11.9%
EPS (diluted)
$0.99
$0.36

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
DUOL
DUOL
EPAC
EPAC
Q4 25
$282.9M
$144.2M
Q3 25
$271.7M
$167.5M
Q2 25
$252.3M
$158.7M
Q1 25
$230.7M
$145.5M
Q4 24
$209.6M
$145.2M
Q3 24
$192.6M
$158.7M
Q2 24
$178.3M
$150.4M
Q1 24
$167.6M
$138.4M
Net Profit
DUOL
DUOL
EPAC
EPAC
Q4 25
$42.0M
$19.1M
Q3 25
$292.2M
$28.1M
Q2 25
$44.8M
$22.0M
Q1 25
$35.1M
$20.9M
Q4 24
$13.9M
$21.7M
Q3 24
$23.4M
$24.4M
Q2 24
$24.4M
$25.8M
Q1 24
$27.0M
$17.8M
Gross Margin
DUOL
DUOL
EPAC
EPAC
Q4 25
72.8%
50.7%
Q3 25
72.5%
50.1%
Q2 25
72.4%
50.4%
Q1 25
71.1%
50.5%
Q4 24
71.9%
51.4%
Q3 24
72.9%
48.8%
Q2 24
73.4%
51.8%
Q1 24
73.0%
51.6%
Operating Margin
DUOL
DUOL
EPAC
EPAC
Q4 25
15.4%
19.8%
Q3 25
12.9%
23.8%
Q2 25
13.2%
20.0%
Q1 25
10.2%
21.2%
Q4 24
6.6%
21.4%
Q3 24
7.0%
18.9%
Q2 24
10.5%
22.2%
Q1 24
9.8%
21.3%
Net Margin
DUOL
DUOL
EPAC
EPAC
Q4 25
14.8%
13.3%
Q3 25
107.5%
16.8%
Q2 25
17.8%
13.9%
Q1 25
15.2%
14.4%
Q4 24
6.6%
15.0%
Q3 24
12.1%
15.4%
Q2 24
13.7%
17.1%
Q1 24
16.1%
12.9%
EPS (diluted)
DUOL
DUOL
EPAC
EPAC
Q4 25
$0.99
$0.36
Q3 25
$5.95
$0.51
Q2 25
$0.91
$0.41
Q1 25
$0.72
$0.38
Q4 24
$0.31
$0.40
Q3 24
$0.49
$0.44
Q2 24
$0.51
$0.47
Q1 24
$0.57
$0.33

Balance Sheet & Financial Strength

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

Metric
DUOL
DUOL
EPAC
EPAC
Cash + ST InvestmentsLiquidity on hand
$1.0B
$139.0M
Total DebtLower is stronger
$188.8M
Stockholders' EquityBook value
$1.3B
$431.1M
Total Assets
$2.0B
$818.1M
Debt / EquityLower = less leverage
0.44×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DUOL
DUOL
EPAC
EPAC
Q4 25
$1.0B
$139.0M
Q3 25
$1.0B
$151.6M
Q2 25
$976.2M
$140.5M
Q1 25
$884.0M
$119.5M
Q4 24
$785.8M
$130.7M
Q3 24
$854.4M
$167.1M
Q2 24
$888.2M
$132.4M
Q1 24
$829.7M
$153.7M
Total Debt
DUOL
DUOL
EPAC
EPAC
Q4 25
$188.8M
Q3 25
$190.0M
Q2 25
$191.3M
Q1 25
$192.5M
Q4 24
$193.8M
Q3 24
$195.0M
Q2 24
$196.3M
Q1 24
$245.5M
Stockholders' Equity
DUOL
DUOL
EPAC
EPAC
Q4 25
$1.3B
$431.1M
Q3 25
$1.3B
$433.7M
Q2 25
$977.0M
$438.2M
Q1 25
$893.8M
$406.0M
Q4 24
$824.5M
$398.0M
Q3 24
$822.5M
$392.0M
Q2 24
$766.9M
$365.8M
Q1 24
$711.1M
$336.9M
Total Assets
DUOL
DUOL
EPAC
EPAC
Q4 25
$2.0B
$818.1M
Q3 25
$1.9B
$827.9M
Q2 25
$1.5B
$828.1M
Q1 25
$1.4B
$776.6M
Q4 24
$1.3B
$775.4M
Q3 24
$1.2B
$777.3M
Q2 24
$1.1B
$749.5M
Q1 24
$1.1B
$769.3M
Debt / Equity
DUOL
DUOL
EPAC
EPAC
Q4 25
0.44×
Q3 25
0.44×
Q2 25
0.44×
Q1 25
0.47×
Q4 24
0.49×
Q3 24
0.50×
Q2 24
0.54×
Q1 24
0.73×

Cash Flow & Capital Efficiency

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

Metric
DUOL
DUOL
EPAC
EPAC
Operating Cash FlowLast quarter
$107.3M
$16.0M
Free Cash FlowOCF − Capex
$96.6M
$13.3M
FCF MarginFCF / Revenue
34.1%
9.2%
Capex IntensityCapex / Revenue
3.8%
1.9%
Cash ConversionOCF / Net Profit
2.56×
0.84×
TTM Free Cash FlowTrailing 4 quarters
$369.7M
$102.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DUOL
DUOL
EPAC
EPAC
Q4 25
$107.3M
$16.0M
Q3 25
$84.2M
$55.3M
Q2 25
$90.7M
$39.9M
Q1 25
$105.6M
$7.5M
Q4 24
$83.3M
$8.6M
Q3 24
$56.3M
$44.4M
Q2 24
$62.4M
$30.3M
Q1 24
$83.5M
$13.3M
Free Cash Flow
DUOL
DUOL
EPAC
EPAC
Q4 25
$96.6M
$13.3M
Q3 25
$79.4M
$52.3M
Q2 25
$89.5M
$35.1M
Q1 25
$104.3M
$1.8M
Q4 24
$81.4M
$2.8M
Q3 24
$53.1M
$37.9M
Q2 24
$56.8M
$28.5M
Q1 24
$82.1M
$11.7M
FCF Margin
DUOL
DUOL
EPAC
EPAC
Q4 25
34.1%
9.2%
Q3 25
29.2%
31.2%
Q2 25
35.5%
22.1%
Q1 25
45.2%
1.2%
Q4 24
38.8%
1.9%
Q3 24
27.6%
23.9%
Q2 24
31.9%
18.9%
Q1 24
49.0%
8.5%
Capex Intensity
DUOL
DUOL
EPAC
EPAC
Q4 25
3.8%
1.9%
Q3 25
1.8%
1.8%
Q2 25
0.5%
3.1%
Q1 25
0.6%
3.9%
Q4 24
0.9%
4.0%
Q3 24
1.7%
4.1%
Q2 24
3.1%
1.2%
Q1 24
0.8%
1.1%
Cash Conversion
DUOL
DUOL
EPAC
EPAC
Q4 25
2.56×
0.84×
Q3 25
0.29×
1.97×
Q2 25
2.02×
1.81×
Q1 25
3.01×
0.36×
Q4 24
5.99×
0.40×
Q3 24
2.41×
1.82×
Q2 24
2.56×
1.18×
Q1 24
3.10×
0.75×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DUOL
DUOL

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

EPAC
EPAC

Transferred At Point In Time$126.0M87%
Other$12.1M8%
Other Operating Segment$6.1M4%

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