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Side-by-side financial comparison of Duolingo, Inc. (DUOL) and WARRIOR MET COAL, INC. (HCC). Click either name above to swap in a different company.
WARRIOR MET COAL, INC. is the larger business by last-quarter revenue ($458.6M vs $295.5M, roughly 1.6× Duolingo, Inc.). WARRIOR MET COAL, INC. runs the higher net margin — 15.8% vs 11.9%, a 3.9% gap on every dollar of revenue. On growth, WARRIOR MET COAL, INC. posted the faster year-over-year revenue change (52.1% vs 27.0%). Over the past eight quarters, Duolingo, Inc.'s revenue compounded faster (28.7% CAGR vs 7.5%).
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.
Warrior Met Coal, Inc. (ticker HCC) is a U.S.-headquartered mining enterprise that produces and distributes high-grade metallurgical coal, a key raw material for steel production. It serves steel manufacturers and industrial clients across core markets including North America, Europe, and Asia.
DUOL vs HCC — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $295.5M | $458.6M |
| Net Profit | $35.1M | $72.3M |
| Gross Margin | 55.5% | 36.7% |
| Operating Margin | 8.0% | 17.3% |
| Net Margin | 11.9% | 15.8% |
| Revenue YoY | 27.0% | 52.1% |
| Net Profit YoY | 24.0% | — |
| EPS (diluted) | $0.72 | $1.37 |
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 | $458.6M | ||
| Q4 25 | $282.9M | $384.0M | ||
| Q3 25 | $271.7M | $328.6M | ||
| Q2 25 | $252.3M | $297.5M | ||
| Q1 25 | $230.7M | $299.9M | ||
| Q4 24 | $209.6M | $297.5M | ||
| Q3 24 | $192.6M | $327.7M | ||
| Q2 24 | $178.3M | $396.5M |
| Q1 26 | $35.1M | $72.3M | ||
| Q4 25 | $42.0M | $23.0M | ||
| Q3 25 | $292.2M | $36.6M | ||
| Q2 25 | $44.8M | $5.6M | ||
| Q1 25 | $35.1M | $-8.2M | ||
| Q4 24 | $13.9M | $1.1M | ||
| Q3 24 | $23.4M | $41.8M | ||
| Q2 24 | $24.4M | $70.7M |
| Q1 26 | 55.5% | 36.7% | ||
| Q4 25 | 72.8% | 29.5% | ||
| Q3 25 | 72.5% | 27.1% | ||
| Q2 25 | 72.4% | 23.9% | ||
| Q1 25 | 71.1% | 18.1% | ||
| Q4 24 | 71.9% | 23.1% | ||
| Q3 24 | 72.9% | 29.3% | ||
| Q2 24 | 73.4% | 34.1% |
| Q1 26 | 8.0% | 17.3% | ||
| Q4 25 | 15.4% | 9.0% | ||
| Q3 25 | 12.9% | 6.3% | ||
| Q2 25 | 13.2% | 2.6% | ||
| Q1 25 | 10.2% | -5.8% | ||
| Q4 24 | 6.6% | -1.4% | ||
| Q3 24 | 7.0% | 11.9% | ||
| Q2 24 | 10.5% | 17.9% |
| Q1 26 | 11.9% | 15.8% | ||
| Q4 25 | 14.8% | 6.0% | ||
| Q3 25 | 107.5% | 11.1% | ||
| Q2 25 | 17.8% | 1.9% | ||
| Q1 25 | 15.2% | -2.7% | ||
| Q4 24 | 6.6% | 0.4% | ||
| Q3 24 | 12.1% | 12.7% | ||
| Q2 24 | 13.7% | 17.8% |
| Q1 26 | $0.72 | $1.37 | ||
| Q4 25 | $0.99 | $0.43 | ||
| Q3 25 | $5.95 | $0.70 | ||
| Q2 25 | $0.91 | $0.11 | ||
| Q1 25 | $0.72 | $-0.16 | ||
| Q4 24 | $0.31 | $0.02 | ||
| Q3 24 | $0.49 | $0.80 | ||
| Q2 24 | $0.51 | $1.35 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.1B | $233.2M |
| Total DebtLower is stronger | — | $154.4M |
| Stockholders' EquityBook value | $1.3B | — |
| Total Assets | $2.0B | $2.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.1B | $233.2M | ||
| Q4 25 | $1.0B | $300.0M | ||
| Q3 25 | $1.0B | $336.3M | ||
| Q2 25 | $976.2M | $383.3M | ||
| Q1 25 | $884.0M | $454.9M | ||
| Q4 24 | $785.8M | $491.5M | ||
| Q3 24 | $854.4M | $583.2M | ||
| Q2 24 | $888.2M | $709.0M |
| Q1 26 | — | $154.4M | ||
| Q4 25 | — | $154.3M | ||
| Q3 25 | — | $154.1M | ||
| Q2 25 | — | $153.9M | ||
| Q1 25 | — | $153.8M | ||
| Q4 24 | — | $153.6M | ||
| Q3 24 | — | $153.5M | ||
| Q2 24 | — | $153.3M |
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.3B | $2.1B | ||
| Q3 25 | $1.3B | $2.1B | ||
| Q2 25 | $977.0M | $2.1B | ||
| Q1 25 | $893.8M | $2.1B | ||
| Q4 24 | $824.5M | $2.1B | ||
| Q3 24 | $822.5M | $2.1B | ||
| Q2 24 | $766.9M | $2.0B |
| Q1 26 | $2.0B | $2.8B | ||
| Q4 25 | $2.0B | $2.8B | ||
| Q3 25 | $1.9B | $2.7B | ||
| Q2 25 | $1.5B | $2.6B | ||
| Q1 25 | $1.4B | $2.6B | ||
| Q4 24 | $1.3B | $2.6B | ||
| Q3 24 | $1.2B | $2.6B | ||
| Q2 24 | $1.1B | $2.6B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.07× | ||
| Q3 25 | — | 0.07× | ||
| Q2 25 | — | 0.07× | ||
| Q1 25 | — | 0.07× | ||
| Q4 24 | — | 0.07× | ||
| Q3 24 | — | 0.07× | ||
| Q2 24 | — | 0.07× |
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 | $105.6M | — |
| Free Cash FlowOCF − Capex | $103.0M | — |
| FCF MarginFCF / Revenue | 34.9% | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 3.01× | — |
| TTM Free Cash FlowTrailing 4 quarters | $368.4M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $105.6M | — | ||
| Q4 25 | $107.3M | $76.1M | ||
| Q3 25 | $84.2M | $104.7M | ||
| Q2 25 | $90.7M | $37.5M | ||
| Q1 25 | $105.6M | $10.9M | ||
| Q4 24 | $83.3M | $54.2M | ||
| Q3 24 | $56.3M | $62.2M | ||
| Q2 24 | $62.4M | $147.0M |
| Q1 26 | $103.0M | — | ||
| 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 | — |
| Q1 26 | 34.9% | — | ||
| 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% | — |
| 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% | — |
| Q1 26 | 3.01× | — | ||
| Q4 25 | 2.56× | 3.31× | ||
| Q3 25 | 0.29× | 2.86× | ||
| Q2 25 | 2.02× | 6.70× | ||
| Q1 25 | 3.01× | — | ||
| Q4 24 | 5.99× | 47.68× | ||
| Q3 24 | 2.41× | 1.49× | ||
| Q2 24 | 2.56× | 2.08× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DUOL
| Bookings | $283.5M | 96% |
| Other | $12.0M | 4% |
HCC
| Sales | $448.5M | 98% |
| Other revenues | $10.1M | 2% |
