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Side-by-side financial comparison of Duolingo, Inc. (DUOL) and KILROY REALTY CORP (KRC). Click either name above to swap in a different company.
Duolingo, Inc. is the larger business by last-quarter revenue ($295.5M vs $272.2M, roughly 1.1× KILROY REALTY CORP). Duolingo, Inc. runs the higher net margin — 11.9% vs 6.3%, a 5.6% gap on every dollar of revenue. On growth, Duolingo, Inc. posted the faster year-over-year revenue change (27.0% vs -5.0%). KILROY REALTY CORP produced more free cash flow last quarter ($450.3M vs $103.0M). Over the past eight quarters, Duolingo, Inc.'s revenue compounded faster (28.7% CAGR vs -1.2%).
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.
Kilroy Realty Corp is a leading U.S. real estate investment trust that develops, owns, and operates premium office, life science, and mixed-use properties primarily across high-growth West Coast markets including Los Angeles, San Francisco, Seattle, and San Diego. It serves tenants across the technology, life sciences, media, and creative sectors, with a core focus on delivering sustainable, future-ready workspaces tailored to modern business needs.
DUOL vs KRC — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $295.5M | $272.2M |
| Net Profit | $35.1M | $17.1M |
| Gross Margin | 55.5% | — |
| Operating Margin | 8.0% | — |
| Net Margin | 11.9% | 6.3% |
| Revenue YoY | 27.0% | -5.0% |
| Net Profit YoY | 24.0% | -73.7% |
| EPS (diluted) | $0.72 | $0.11 |
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 | $282.9M | $272.2M | ||
| Q3 25 | $271.7M | $279.7M | ||
| Q2 25 | $252.3M | $289.9M | ||
| Q1 25 | $230.7M | $270.8M | ||
| Q4 24 | $209.6M | $286.4M | ||
| Q3 24 | $192.6M | $289.9M | ||
| Q2 24 | $178.3M | $280.7M |
| Q1 26 | $35.1M | — | ||
| Q4 25 | $42.0M | $17.1M | ||
| Q3 25 | $292.2M | $162.3M | ||
| Q2 25 | $44.8M | $79.6M | ||
| Q1 25 | $35.1M | $43.7M | ||
| Q4 24 | $13.9M | $65.0M | ||
| Q3 24 | $23.4M | $57.7M | ||
| Q2 24 | $24.4M | $54.5M |
| 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 | 15.4% | — | ||
| Q3 25 | 12.9% | — | ||
| Q2 25 | 13.2% | — | ||
| Q1 25 | 10.2% | — | ||
| Q4 24 | 6.6% | — | ||
| Q3 24 | 7.0% | — | ||
| Q2 24 | 10.5% | — |
| Q1 26 | 11.9% | — | ||
| Q4 25 | 14.8% | 6.3% | ||
| Q3 25 | 107.5% | 58.0% | ||
| Q2 25 | 17.8% | 27.4% | ||
| Q1 25 | 15.2% | 16.1% | ||
| Q4 24 | 6.6% | 22.7% | ||
| Q3 24 | 12.1% | 19.9% | ||
| Q2 24 | 13.7% | 19.4% |
| Q1 26 | $0.72 | — | ||
| Q4 25 | $0.99 | $0.11 | ||
| Q3 25 | $5.95 | $1.31 | ||
| Q2 25 | $0.91 | $0.57 | ||
| Q1 25 | $0.72 | $0.33 | ||
| Q4 24 | $0.31 | $0.50 | ||
| Q3 24 | $0.49 | $0.44 | ||
| Q2 24 | $0.51 | $0.41 |
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 | $179.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.3B | $5.4B |
| Total Assets | $2.0B | $10.9B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.0B | $179.3M | ||
| Q3 25 | $1.0B | $372.4M | ||
| Q2 25 | $976.2M | $193.1M | ||
| Q1 25 | $884.0M | $146.7M | ||
| Q4 24 | $785.8M | $165.7M | ||
| Q3 24 | $854.4M | $625.4M | ||
| Q2 24 | $888.2M | $835.9M |
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.3B | $5.4B | ||
| Q3 25 | $1.3B | $5.5B | ||
| Q2 25 | $977.0M | $5.4B | ||
| Q1 25 | $893.8M | $5.4B | ||
| Q4 24 | $824.5M | $5.4B | ||
| Q3 24 | $822.5M | $5.4B | ||
| Q2 24 | $766.9M | $5.4B |
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $10.9B | ||
| Q3 25 | $1.9B | $11.0B | ||
| Q2 25 | $1.5B | $10.9B | ||
| Q1 25 | $1.4B | $10.9B | ||
| Q4 24 | $1.3B | $10.9B | ||
| Q3 24 | $1.2B | $11.4B | ||
| Q2 24 | $1.1B | $11.5B |
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 | $566.3M |
| Free Cash FlowOCF − Capex | $103.0M | $450.3M |
| FCF MarginFCF / Revenue | 34.9% | 165.4% |
| Capex IntensityCapex / Revenue | — | 42.6% |
| Cash ConversionOCF / Net Profit | 3.01× | 33.10× |
| TTM Free Cash FlowTrailing 4 quarters | $368.4M | $833.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $105.6M | — | ||
| Q4 25 | $107.3M | $566.3M | ||
| Q3 25 | $84.2M | $176.6M | ||
| Q2 25 | $90.7M | $143.7M | ||
| Q1 25 | $105.6M | $136.9M | ||
| Q4 24 | $83.3M | $541.1M | ||
| Q3 24 | $56.3M | $176.3M | ||
| Q2 24 | $62.4M | $88.7M |
| Q1 26 | $103.0M | — | ||
| Q4 25 | $96.6M | $450.3M | ||
| Q3 25 | $79.4M | $148.7M | ||
| Q2 25 | $89.5M | $118.4M | ||
| Q1 25 | $104.3M | $115.6M | ||
| Q4 24 | $81.4M | $440.8M | ||
| Q3 24 | $53.1M | $147.2M | ||
| Q2 24 | $56.8M | $69.5M |
| Q1 26 | 34.9% | — | ||
| Q4 25 | 34.1% | 165.4% | ||
| Q3 25 | 29.2% | 53.1% | ||
| Q2 25 | 35.5% | 40.9% | ||
| Q1 25 | 45.2% | 42.7% | ||
| Q4 24 | 38.8% | 153.9% | ||
| Q3 24 | 27.6% | 50.8% | ||
| Q2 24 | 31.9% | 24.7% |
| Q1 26 | — | — | ||
| Q4 25 | 3.8% | 42.6% | ||
| Q3 25 | 1.8% | 10.0% | ||
| Q2 25 | 0.5% | 8.7% | ||
| Q1 25 | 0.6% | 7.9% | ||
| Q4 24 | 0.9% | 35.0% | ||
| Q3 24 | 1.7% | 10.1% | ||
| Q2 24 | 3.1% | 6.8% |
| Q1 26 | 3.01× | — | ||
| Q4 25 | 2.56× | 33.10× | ||
| Q3 25 | 0.29× | 1.09× | ||
| Q2 25 | 2.02× | 1.81× | ||
| Q1 25 | 3.01× | 3.13× | ||
| Q4 24 | 5.99× | 8.32× | ||
| Q3 24 | 2.41× | 3.06× | ||
| Q2 24 | 2.56× | 1.63× |
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% |
KRC
Segment breakdown not available.
