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Side-by-side financial comparison of Duolingo, Inc. (DUOL) and SSR MINING INC. (SSRM). Click either name above to swap in a different company.

SSR MINING INC. is the larger business by last-quarter revenue ($521.7M vs $295.5M, roughly 1.8× Duolingo, Inc.). SSR MINING INC. runs the higher net margin — 34.8% vs 11.9%, a 22.9% gap on every dollar of revenue. On growth, SSR MINING INC. posted the faster year-over-year revenue change (61.4% vs 27.0%). SSR MINING INC. produced more free cash flow last quarter ($106.4M vs $103.0M). Over the past eight quarters, SSR MINING INC.'s revenue compounded faster (50.5% CAGR vs 28.7%).

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.

SSR Mining Inc., formerly Silver Standard Resources is a Denver-based gold, silver, copper, lead and zinc producer that owns the largest silver mine in Argentina. In addition it engages in exploration activity throughout the Americas and Turkey. In 2020, SSR Mining merged with Alacer Gold. Since the merger, the company has moved headquarters to Denver, Colorado. Rodney P. Antal is now the president and CEO of SSR mining. In February 2021, SSR Mining announced that Alison White would be the ne...

DUOL vs SSRM — Head-to-Head

Bigger by revenue
SSRM
SSRM
1.8× larger
SSRM
$521.7M
$295.5M
DUOL
Growing faster (revenue YoY)
SSRM
SSRM
+34.4% gap
SSRM
61.4%
27.0%
DUOL
Higher net margin
SSRM
SSRM
22.9% more per $
SSRM
34.8%
11.9%
DUOL
More free cash flow
SSRM
SSRM
$3.4M more FCF
SSRM
$106.4M
$103.0M
DUOL
Faster 2-yr revenue CAGR
SSRM
SSRM
Annualised
SSRM
50.5%
28.7%
DUOL

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
DUOL
DUOL
SSRM
SSRM
Revenue
$295.5M
$521.7M
Net Profit
$35.1M
$181.5M
Gross Margin
55.5%
Operating Margin
8.0%
38.8%
Net Margin
11.9%
34.8%
Revenue YoY
27.0%
61.4%
Net Profit YoY
24.0%
3166.6%
EPS (diluted)
$0.72
$0.84

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
SSRM
SSRM
Q1 26
$295.5M
Q4 25
$282.9M
$521.7M
Q3 25
$271.7M
$385.8M
Q2 25
$252.3M
$405.5M
Q1 25
$230.7M
$316.6M
Q4 24
$209.6M
$323.2M
Q3 24
$192.6M
$257.4M
Q2 24
$178.3M
$184.8M
Net Profit
DUOL
DUOL
SSRM
SSRM
Q1 26
$35.1M
Q4 25
$42.0M
$181.5M
Q3 25
$292.2M
$65.4M
Q2 25
$44.8M
$90.1M
Q1 25
$35.1M
$58.8M
Q4 24
$13.9M
$5.6M
Q3 24
$23.4M
$10.6M
Q2 24
$24.4M
$9.7M
Gross Margin
DUOL
DUOL
SSRM
SSRM
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
DUOL
DUOL
SSRM
SSRM
Q1 26
8.0%
Q4 25
15.4%
38.8%
Q3 25
12.9%
21.6%
Q2 25
13.2%
26.9%
Q1 25
10.2%
21.1%
Q4 24
6.6%
10.6%
Q3 24
7.0%
3.5%
Q2 24
10.5%
5.8%
Net Margin
DUOL
DUOL
SSRM
SSRM
Q1 26
11.9%
Q4 25
14.8%
34.8%
Q3 25
107.5%
17.0%
Q2 25
17.8%
22.2%
Q1 25
15.2%
18.6%
Q4 24
6.6%
1.7%
Q3 24
12.1%
4.1%
Q2 24
13.7%
5.2%
EPS (diluted)
DUOL
DUOL
SSRM
SSRM
Q1 26
$0.72
Q4 25
$0.99
$0.84
Q3 25
$5.95
$0.31
Q2 25
$0.91
$0.42
Q1 25
$0.72
$0.28
Q4 24
$0.31
$0.03
Q3 24
$0.49
$0.05
Q2 24
$0.51
$0.05

Balance Sheet & Financial Strength

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

Metric
DUOL
DUOL
SSRM
SSRM
Cash + ST InvestmentsLiquidity on hand
$1.1B
$575.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.3B
$3.5B
Total Assets
$2.0B
$6.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DUOL
DUOL
SSRM
SSRM
Q1 26
$1.1B
Q4 25
$1.0B
$575.6M
Q3 25
$1.0B
$445.4M
Q2 25
$976.2M
$438.5M
Q1 25
$884.0M
$341.3M
Q4 24
$785.8M
$417.3M
Q3 24
$854.4M
$365.8M
Q2 24
$888.2M
$384.4M
Total Debt
DUOL
DUOL
SSRM
SSRM
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$228.6M
Q3 24
$228.3M
Q2 24
$228.0M
Stockholders' Equity
DUOL
DUOL
SSRM
SSRM
Q1 26
$1.3B
Q4 25
$1.3B
$3.5B
Q3 25
$1.3B
$3.3B
Q2 25
$977.0M
$3.3B
Q1 25
$893.8M
$3.2B
Q4 24
$824.5M
$3.1B
Q3 24
$822.5M
$3.1B
Q2 24
$766.9M
$3.1B
Total Assets
DUOL
DUOL
SSRM
SSRM
Q1 26
$2.0B
Q4 25
$2.0B
$6.1B
Q3 25
$1.9B
$5.9B
Q2 25
$1.5B
$5.8B
Q1 25
$1.4B
$5.6B
Q4 24
$1.3B
$5.2B
Q3 24
$1.2B
$5.1B
Q2 24
$1.1B
$5.2B
Debt / Equity
DUOL
DUOL
SSRM
SSRM
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
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
DUOL
DUOL
SSRM
SSRM
Operating Cash FlowLast quarter
$105.6M
$172.1M
Free Cash FlowOCF − Capex
$103.0M
$106.4M
FCF MarginFCF / Revenue
34.9%
20.4%
Capex IntensityCapex / Revenue
12.6%
Cash ConversionOCF / Net Profit
3.01×
0.95×
TTM Free Cash FlowTrailing 4 quarters
$368.4M
$241.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DUOL
DUOL
SSRM
SSRM
Q1 26
$105.6M
Q4 25
$107.3M
$172.1M
Q3 25
$84.2M
$57.2M
Q2 25
$90.7M
$157.8M
Q1 25
$105.6M
$84.8M
Q4 24
$83.3M
$95.0M
Q3 24
$56.3M
$-1.3M
Q2 24
$62.4M
$-78.1M
Free Cash Flow
DUOL
DUOL
SSRM
SSRM
Q1 26
$103.0M
Q4 25
$96.6M
$106.4M
Q3 25
$79.4M
$-2.4M
Q2 25
$89.5M
$98.4M
Q1 25
$104.3M
$39.3M
Q4 24
$81.4M
$56.4M
Q3 24
$53.1M
$-34.1M
Q2 24
$56.8M
$-116.3M
FCF Margin
DUOL
DUOL
SSRM
SSRM
Q1 26
34.9%
Q4 25
34.1%
20.4%
Q3 25
29.2%
-0.6%
Q2 25
35.5%
24.3%
Q1 25
45.2%
12.4%
Q4 24
38.8%
17.5%
Q3 24
27.6%
-13.2%
Q2 24
31.9%
-62.9%
Capex Intensity
DUOL
DUOL
SSRM
SSRM
Q1 26
Q4 25
3.8%
12.6%
Q3 25
1.8%
15.4%
Q2 25
0.5%
14.7%
Q1 25
0.6%
14.4%
Q4 24
0.9%
11.9%
Q3 24
1.7%
12.7%
Q2 24
3.1%
20.7%
Cash Conversion
DUOL
DUOL
SSRM
SSRM
Q1 26
3.01×
Q4 25
2.56×
0.95×
Q3 25
0.29×
0.87×
Q2 25
2.02×
1.75×
Q1 25
3.01×
1.44×
Q4 24
5.99×
17.10×
Q3 24
2.41×
-0.13×
Q2 24
2.56×
-8.06×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DUOL
DUOL

Bookings$283.5M96%
Other$12.0M4%

SSRM
SSRM

Gold$369.3M71%
Concentrate Sales$124.4M24%
Other$19.1M4%
Lead$9.0M2%

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