Duolingo, Inc. financial data

Symbol
DUOL on Nasdaq
Industry
Services-Prepackaged Software
Location
5900 Penn Ave, Second Floor, Pittsburgh, PA
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 330 % -13.7%
Debt-to-equity 46.7 % +23.2%
Return On Equity 9.64 %
Return On Assets 6.57 %
Operating Margin 5.56 %

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 3.89B USD +108%
Common Stock, Value, Issued 4K USD 0%
Weighted Average Number of Shares Outstanding, Basic 40.6M shares +5.26%
Weighted Average Number of Shares Outstanding, Diluted 47.8M shares +1.92%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 634M USD +43.4%
Cost of Revenue 169M USD +41.9%
Research and Development Expense 207M USD +14.6%
Selling and Marketing Expense 81.6M USD +14.7%
General and Administrative Expense 142M USD +14.8%
Operating Income (Loss) 35.3M USD
Nonoperating Income (Expense) -1.3M USD -1557%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 72.6M USD +1091%
Income Tax Expense (Benefit) 6.4M USD
Net Income (Loss) Attributable to Parent 66.2M USD +554%
Earnings Per Share, Basic 1.55 USD/shares +522%
Earnings Per Share, Diluted 1.41 USD/shares +538%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 888M USD +30.9%
Accounts Receivable, after Allowance for Credit Loss, Current 77.7M USD +45.5%
Assets, Current 1.04B USD +32.7%
Deferred Income Tax Assets, Net 835K USD +31.9%
Property, Plant and Equipment, Net 18.3M USD +45.9%
Operating Lease, Right-of-Use Asset 49.8M USD +137%
Intangible Assets, Net (Excluding Goodwill) 20.6M USD +98%
Goodwill 4.05M USD 0%
Other Assets, Noncurrent 1.57M USD +27%
Assets 1.14B USD +36.5%
Accounts Payable, Current 3.41M USD +47.7%
Accrued Liabilities, Current 22.8M USD +3.72%
Contract with Customer, Liability, Current 291M USD +51.2%
Liabilities, Current 318M USD +46.3%
Operating Lease, Liability, Noncurrent 54.8M USD +157%
Liabilities 372M USD +56.3%
Retained Earnings (Accumulated Deficit) -163M USD +28.9%
Stockholders' Equity Attributable to Parent 767M USD +28.6%
Liabilities and Equity 1.14B USD +36.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 83.5M USD +182%
Net Cash Provided by (Used in) Financing Activities 3.61M USD -21.8%
Net Cash Provided by (Used in) Investing Activities -5.02M USD -283%
Common Stock, Par or Stated Value Per Share 0 USD/shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 82.1M USD +149%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 891M USD +31.3%
Interest Paid, Excluding Capitalized Interest, Operating Activities 0 USD
Deferred Tax Assets, Valuation Allowance 157M USD +44.6%
Operating Lease, Liability 57.2M USD
Depreciation 4.29M USD +10.4%
Payments to Acquire Property, Plant, and Equipment 1.41M USD +108%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 66.2M USD +554%
Lessee, Operating Lease, Liability, to be Paid 83.1M USD
Property, Plant and Equipment, Gross 32.8M USD +43.9%
Operating Lease, Liability, Current 2.46M USD -59.4%
Lessee, Operating Lease, Liability, to be Paid, Year Two 9.58M USD
Lessee, Operating Lease, Liability, to be Paid, Year One 4.19M USD
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure +15.3%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 25.9M USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 9.51M USD
Deferred Tax Assets, Operating Loss Carryforwards 15.5M USD -63.8%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 9.3M USD
Operating Lease, Payments 1.61M USD -5.42%
Additional Paid in Capital 930M USD +12.6%
Depreciation, Depletion and Amortization 2.07M USD +17.7%
Deferred Tax Assets, Net of Valuation Allowance 11M USD +7.72%
Share-based Payment Arrangement, Expense 102M USD +18.9%