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Side-by-side financial comparison of Duolingo, Inc. (DUOL) and FOSTER L B CO (FSTR). Click either name above to swap in a different company.

Duolingo, Inc. is the larger business by last-quarter revenue ($282.9M vs $160.4M, roughly 1.8× FOSTER L B CO). Duolingo, Inc. runs the higher net margin — 14.8% vs 1.5%, a 13.3% gap on every dollar of revenue. On growth, Duolingo, Inc. posted the faster year-over-year revenue change (35.0% vs 25.1%). Duolingo, Inc. produced more free cash flow last quarter ($96.6M vs $19.8M). Over the past eight quarters, Duolingo, Inc.'s revenue compounded faster (29.9% CAGR vs 13.6%).

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.

Foster L B Co. is a U.S.-headquartered industrial manufacturing firm that develops, produces and distributes engineered access solutions, construction components, and rail infrastructure products. It serves commercial construction, transportation, and industrial end markets across North America and selected international regions.

DUOL vs FSTR — Head-to-Head

Bigger by revenue
DUOL
DUOL
1.8× larger
DUOL
$282.9M
$160.4M
FSTR
Growing faster (revenue YoY)
DUOL
DUOL
+9.9% gap
DUOL
35.0%
25.1%
FSTR
Higher net margin
DUOL
DUOL
13.3% more per $
DUOL
14.8%
1.5%
FSTR
More free cash flow
DUOL
DUOL
$76.7M more FCF
DUOL
$96.6M
$19.8M
FSTR
Faster 2-yr revenue CAGR
DUOL
DUOL
Annualised
DUOL
29.9%
13.6%
FSTR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DUOL
DUOL
FSTR
FSTR
Revenue
$282.9M
$160.4M
Net Profit
$42.0M
$2.4M
Gross Margin
72.8%
19.7%
Operating Margin
15.4%
4.9%
Net Margin
14.8%
1.5%
Revenue YoY
35.0%
25.1%
Net Profit YoY
201.7%
1098.3%
EPS (diluted)
$0.99
$0.22

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
FSTR
FSTR
Q4 25
$282.9M
$160.4M
Q3 25
$271.7M
$138.3M
Q2 25
$252.3M
$143.6M
Q1 25
$230.7M
$97.8M
Q4 24
$209.6M
$128.2M
Q3 24
$192.6M
$137.5M
Q2 24
$178.3M
$140.8M
Q1 24
$167.6M
$124.3M
Net Profit
DUOL
DUOL
FSTR
FSTR
Q4 25
$42.0M
$2.4M
Q3 25
$292.2M
$4.4M
Q2 25
$44.8M
$2.9M
Q1 25
$35.1M
$-2.1M
Q4 24
$13.9M
$-242.0K
Q3 24
$23.4M
$35.9M
Q2 24
$24.4M
$2.8M
Q1 24
$27.0M
$4.4M
Gross Margin
DUOL
DUOL
FSTR
FSTR
Q4 25
72.8%
19.7%
Q3 25
72.5%
22.5%
Q2 25
72.4%
21.5%
Q1 25
71.1%
20.6%
Q4 24
71.9%
22.3%
Q3 24
72.9%
23.8%
Q2 24
73.4%
21.7%
Q1 24
73.0%
21.1%
Operating Margin
DUOL
DUOL
FSTR
FSTR
Q4 25
15.4%
4.9%
Q3 25
12.9%
6.0%
Q2 25
13.2%
5.3%
Q1 25
10.2%
-2.0%
Q4 24
6.6%
2.4%
Q3 24
7.0%
5.3%
Q2 24
10.5%
3.2%
Q1 24
9.8%
4.5%
Net Margin
DUOL
DUOL
FSTR
FSTR
Q4 25
14.8%
1.5%
Q3 25
107.5%
3.1%
Q2 25
17.8%
2.0%
Q1 25
15.2%
-2.2%
Q4 24
6.6%
-0.2%
Q3 24
12.1%
26.1%
Q2 24
13.7%
2.0%
Q1 24
16.1%
3.6%
EPS (diluted)
DUOL
DUOL
FSTR
FSTR
Q4 25
$0.99
$0.22
Q3 25
$5.95
$0.40
Q2 25
$0.91
$0.27
Q1 25
$0.72
$-0.20
Q4 24
$0.31
$-0.04
Q3 24
$0.49
$3.27
Q2 24
$0.51
$0.26
Q1 24
$0.57
$0.40

Balance Sheet & Financial Strength

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

Metric
DUOL
DUOL
FSTR
FSTR
Cash + ST InvestmentsLiquidity on hand
$1.0B
$4.3M
Total DebtLower is stronger
$42.6M
Stockholders' EquityBook value
$1.3B
$175.3M
Total Assets
$2.0B
$330.4M
Debt / EquityLower = less leverage
0.24×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DUOL
DUOL
FSTR
FSTR
Q4 25
$1.0B
$4.3M
Q3 25
$1.0B
$3.4M
Q2 25
$976.2M
$4.2M
Q1 25
$884.0M
$2.6M
Q4 24
$785.8M
$2.5M
Q3 24
$854.4M
$3.1M
Q2 24
$888.2M
$4.0M
Q1 24
$829.7M
$3.1M
Total Debt
DUOL
DUOL
FSTR
FSTR
Q4 25
$42.6M
Q3 25
$58.6M
Q2 25
$81.4M
Q1 25
$82.3M
Q4 24
$46.8M
Q3 24
$68.4M
Q2 24
$87.0M
Q1 24
$77.9M
Stockholders' Equity
DUOL
DUOL
FSTR
FSTR
Q4 25
$1.3B
$175.3M
Q3 25
$1.3B
$174.8M
Q2 25
$977.0M
$174.4M
Q1 25
$893.8M
$170.8M
Q4 24
$824.5M
$178.3M
Q3 24
$822.5M
$181.9M
Q2 24
$766.9M
$147.1M
Q1 24
$711.1M
$144.6M
Total Assets
DUOL
DUOL
FSTR
FSTR
Q4 25
$2.0B
$330.4M
Q3 25
$1.9B
$333.9M
Q2 25
$1.5B
$349.9M
Q1 25
$1.4B
$342.8M
Q4 24
$1.3B
$334.6M
Q3 24
$1.2B
$344.5M
Q2 24
$1.1B
$333.3M
Q1 24
$1.1B
$326.4M
Debt / Equity
DUOL
DUOL
FSTR
FSTR
Q4 25
0.24×
Q3 25
0.33×
Q2 25
0.47×
Q1 25
0.48×
Q4 24
0.26×
Q3 24
0.38×
Q2 24
0.59×
Q1 24
0.54×

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
FSTR
FSTR
Operating Cash FlowLast quarter
$107.3M
$22.2M
Free Cash FlowOCF − Capex
$96.6M
$19.8M
FCF MarginFCF / Revenue
34.1%
12.3%
Capex IntensityCapex / Revenue
3.8%
1.5%
Cash ConversionOCF / Net Profit
2.56×
9.18×
TTM Free Cash FlowTrailing 4 quarters
$369.7M
$25.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DUOL
DUOL
FSTR
FSTR
Q4 25
$107.3M
$22.2M
Q3 25
$84.2M
$29.2M
Q2 25
$90.7M
$10.4M
Q1 25
$105.6M
$-26.1M
Q4 24
$83.3M
$24.3M
Q3 24
$56.3M
$24.7M
Q2 24
$62.4M
$-5.0M
Q1 24
$83.5M
$-21.4M
Free Cash Flow
DUOL
DUOL
FSTR
FSTR
Q4 25
$96.6M
$19.8M
Q3 25
$79.4M
$26.4M
Q2 25
$89.5M
$7.7M
Q1 25
$104.3M
$-28.7M
Q4 24
$81.4M
$22.3M
Q3 24
$53.1M
$21.7M
Q2 24
$56.8M
$-7.0M
Q1 24
$82.1M
$-24.2M
FCF Margin
DUOL
DUOL
FSTR
FSTR
Q4 25
34.1%
12.3%
Q3 25
29.2%
19.1%
Q2 25
35.5%
5.4%
Q1 25
45.2%
-29.4%
Q4 24
38.8%
17.4%
Q3 24
27.6%
15.8%
Q2 24
31.9%
-5.0%
Q1 24
49.0%
-19.4%
Capex Intensity
DUOL
DUOL
FSTR
FSTR
Q4 25
3.8%
1.5%
Q3 25
1.8%
2.0%
Q2 25
0.5%
1.9%
Q1 25
0.6%
2.6%
Q4 24
0.9%
1.5%
Q3 24
1.7%
2.2%
Q2 24
3.1%
1.5%
Q1 24
0.8%
2.2%
Cash Conversion
DUOL
DUOL
FSTR
FSTR
Q4 25
2.56×
9.18×
Q3 25
0.29×
6.70×
Q2 25
2.02×
3.61×
Q1 25
3.01×
Q4 24
5.99×
Q3 24
2.41×
0.69×
Q2 24
2.56×
-1.74×
Q1 24
3.10×
-4.83×

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%

FSTR
FSTR

Rail Technologies And Services Segment$98.0M61%
Over Time Output Method$26.3M16%
Services$19.4M12%
Rail Technologies Products$10.0M6%
Over Time Input Method$8.3M5%

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