MetaCap

Dropbox (DBX) vs Duolingo (DUOL)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

Dropbox (DBX) has outperformed Duolingo (DUOL) over the past year, gaining 13.6% versus a loss of 52.6%. Over five years, DBX leads with a +9.2% price change compared with -3.2% for DUOL. Dropbox is the larger company by market cap ($7.19 billion vs $7.07 billion), about 1.0 times the size, while Duolingo is growing revenue faster (+38.7% vs -1.1%).

On valuation, Dropbox trades at a lower forward P/E (10.0x vs 19.9x for Duolingo). Duolingo converts more of its revenue into profit, with a net margin of 39.9% versus 20.2%.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

DBX+13.64%DUOL-52.58%
+35%-21%-77%
Oct 7, 20251 yearOct 7, 2026
DBX+16.03%DUOL-8.89%
+232%+79%-73%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

DBX versus DUOL key metrics
MetricDBXDUOL
Share price$33.08$151.72
Market cap$7.19B$7.07B
1-day change-1.93%+2.42%
YTD return+18.99%-13.55%
1-year return+13.64%-52.58%
5-year return+9.21%-3.18%
P/E ratio (TTM)18.2817.60
Forward P/E10.0119.86
EPS (TTM)$1.81$8.62
Dividend yield0.00%0.00%
Annual dividend$0.00$0.00
Revenue (latest FY)$2.52B$1.04B
Revenue growth (YoY)-1.07%+38.71%
Net income (latest FY)$508.40M$414.06M
Gross margin80.13%72.23%
Operating margin27.33%13.07%
Net margin20.17%39.91%
52-week high$38.17$353.00
52-week low$21.70$87.89
Distance from 52-week high-13.34%-57.02%
Analyst consensusunderperformhold
Avg. price target upside-3.87%-11.49%
Average volume4.20M1.15M
Shares outstanding142.30M40.24M
Employees2,113900
SectorTechnologyTechnology
IndustryComputer Software: Prepackaged SoftwareComputer Software: Prepackaged Software

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • DBX has outperformed DUOL by 66.2 percentage points over the past year.
  • Duolingo is more profitable, keeping 39.9 cents of every revenue dollar as net income versus 20.2 cents for Dropbox.
  • Duolingo grew revenue faster in its latest fiscal year (+38.71% vs -1.07%).

About Dropbox

DBX stock →

Dropbox, Inc. provides a content collaboration platform in the United States and internationally.

Technology · Computer Software: Prepackaged Software · 2,113 employees

About Duolingo

DUOL stock →

Duolingo, Inc. operates as a mobile learning platform in the United States, the United Kingdom, and internationally.

Technology · Computer Software: Prepackaged Software · 900 employees

DBX vs DUOL FAQ

Which is bigger, Dropbox or Duolingo?

Dropbox (DBX) is larger, with a market capitalization of $7.19B compared with $7.07B for Duolingo (DUOL).

Which stock has performed better over the past year, DBX or DUOL?

DBX returned +13.64% over the past 12 months, compared with -52.58% for DUOL (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, DBX or DUOL?

DUOL has the lower trailing P/E at 17.6, versus 18.3 for DBX. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Are Dropbox and Duolingo in the same industry?

Yes. Both are classified in the Computer Software: Prepackaged Software industry within the Technology sector.

More comparisons