DUOL - NASDAQ

Duolingo, Inc.

DUOL·NASDAQ

$107.40

+2.3%

TechnologySoftware - Application

Duolingo, Inc. develops a language-learning website and mobile app in the United States and China. The company offers courses in 40 different languages, including Spanish, English, French, Japanese, German, Italian, Chinese, Portuguese, and others. It also provides a digital language proficiency assessment exam. The company was incorporated in 2011 and is headquartered in Pittsburgh, Pennsylvania.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$5.00B

EPS9.0500

P/E Ratio11.87

Earnings Date08/05/2026

1.99B

Assets

-17%

3Y+38.0%

5Y+1034.0%

10Y+1996.0%

645.18M

Total Liabilities

-59%

3Y-29.0%

5Y+152.0%

10Y+260.0%

1.35B

Total Equity

63%

3Y+148.0%

5Y-1769.0%

10Y-1704.0%

Duolingo, Inc. Funding & Solvency Profile

DUOL · NASDAQ

Current Assets

Cash & Cash Equivalents1.04B

Net Receivables279.56M

Inventory0.00

Other Current Assets16.58M

Total Current Assets1 B

Non-Current Assets

Property, Plant & Equipment116.68M

Goodwill & Intangible Assets63.64M

Long-Term Investments137.83M

Other Non-Current Assets10.08M

Total Non-Current Assets265 M

Total Assets

1.99B

Financial Health Analysis

Current Ratio

2.61x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.48x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

885 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

72% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

Duolingo, Inc. Balance Sheet

DUOL • NASDAQ

Duolingo, Inc. Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	1B	785.8M	747.6M	608.2M	553.9M	120.5M	59.8M
Short-Term Investments	104.1M	91.9M	0.0	0.0	0.0	0.0	0.0
Cash & Short-Term Investments	1.1B	877.6M	747.6M	608.2M	553.9M	120.5M	59.8M
Net Receivables	279.6M	128.9M	89M	46.7M	33.2M	20.5M	10M
Accounts Receivables	162.8M	128.9M	89M	46.7M	33.2M	20.5M	10M
Other Receivables	116.7M	0.0	0.0	0.0	0.0	0.0	0.0
Prepaids	0.0	0.0	0.0	0.0	8M	3.9M	2.1M
Other Current Assets	16.6M	95M	61.2M	42.3M	24.2M	13.6M	6.9M
Total Current Assets	1.4B	1.1B	897.8M	697.2M	619.3M	158.4M	78.9M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	116.7M	66.4M	30.9M	35.5M	36.6M	14.5M	13.8M
Goodwill	35.3M	10.5M	4.1M	4.1M	0.0	0.0	0.0
Intangible Assets	28.3M	19.9M	16M	8.5M	4.6M	2.3M	1.8M
Goodwill & Intangible Assets	63.6M	30.4M	20M	12.5M	4.6M	2.3M	1.8M
Long-Term Investments	137.8M	98.3M	0.0	0.0	0.0	0.0	0.0
Tax Assets	227.3M	675K	766K	633K	0.0	0.0	0.0
Other Non-Current Assets	10.1M	1.1B	902.3M	698.7M	620.2M	562K	524K
Total Non-Current Assets	555.6M	1.3B	954M	747.3M	661.3M	17.4M	16.1M
Total Assets	2B	2.4B	1.9B	1.4B	1.3B	175.7M	95.1M
LIABILITIES
CURRENT LIABILITIES
Total Payables	9.3M	13M	3.2M	4.6M	10.3M	4.6M	3.8M
Accounts Payable	8M	6.4M	2.4M	1.2M	7.8M	2.2M	3.8M
Other Payables	1.3M	6.6M	792K	3.5M	2.4M	2.4M	23K
Accrued Expenses	0.0	36.4M	24.9M	5.6M	1.1M	1.5M	0.0
Capital Lease Obligations (Current)	0.0	0.0	3.9M	4.9M	3.3M	1.1M	974K
Tax Payables	0.0	6.6M	792K	3.5M	113K	2.4M	23K
Deferred Revenue	496.2M	372.9M	249.2M	157.6M	98.3M	54.8M	26.3M
Other Current Liabilities	46.9M	0.0	-3.9M	9.1M	6.2M	3.7M	992K
Total Current Liabilities	551.1M	422.2M	277.4M	181.8M	119.1M	65.7M	32.1M
NON-CURRENT LIABILITIES
Deferred Tax Liabilities (Non-Current)	249K	291K	0.0	0.0	0.0	0.0	0.0
Other Non-Current Liabilities	0.0	1.1B	897.8M	697.2M	619.3M	182.6M	137.7M
Total Non-Current Liabilities	94M	1.2B	918.9M	720.7M	648.4M	190.7M	146.9M
Capital Lease Obligations	93.8M	54.7M	25M	28.4M	32.5M	9.2M	10.2M
Total Liabilities	645.2M	1.6B	1.2B	902.5M	767.5M	256.4M	179M
SHAREHOLDERS' EQUITY
Common Stock	5K	4K	4K	4K	4K	1K	1K
Additional Paid-In Capital	1.1B	950.4M	869.9M	772.6M	684M	30.1M	11M
Retained Earnings	288.2M	-125.8M	-214.4M	-230.5M	-170.9M	-110.8M	-95M
Total Stockholders' Equity	1.3B	824.6M	655.5M	542.1M	513.1M	-80.7M	-84M
Total Equity	1.3B	824.6M	655.5M	542.1M	513.1M	-80.7M	-84M
SUMMARY
Total Liabilities & Equity	2B	2.4B	1.9B	1.4B	1.3B	175.7M	95.1M
Total Investments	241.9M	190.1M	0.0	0.0	0.0	0.0	0.0
Total Debt	93.8M	54.7M	25M	28.4M	32.5M	9.2M	10.2M
Net Debt	-942.6M	-731.1M	-722.6M	-579.8M	-521.5M	-111.2M	-49.6M
Shares Outstanding	46,226,461	46,226,461	46,226,461	46,226,461	46,226,461	46,226,461	46,226,461

SEC Filings

DUOL - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
10-Q 10-Q 2026 Q1 Q1	May 05, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 04, 2026	May 04, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	April 17, 2026	April 17, 2026	2026	View Filing
8-K/A 8-K/A 2026 (Amended) N/A	February 27, 2026	February 26, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 27, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 26, 2026	February 26, 2026	2026	View Filing
8-K 8-K 2026 N/A	January 12, 2026	January 08, 2026	2026	View Filing
10-Q 10-Q 2025 Q3 Q3	November 06, 2025	September 30, 2025	2025	View Filing
8-K 8-K 2025 N/A	November 05, 2025	November 05, 2025	2025	View Filing
10-Q 10-Q 2025 Q2 Q2	August 07, 2025	June 30, 2025	2025	View Filing

Showing 1 to 10 of 64 filings

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