Duolingo, Inc. financial data

Symbol
DUOL on Nasdaq
Industry
Services-Prepackaged Software
Location
5900 Penn Ave, Second Floor, Pittsburgh, PA
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Nov 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 320 % -11.9%
Debt-to-equity 48.2 % +20.9%
Return On Equity 11.7 %
Return On Assets 7.92 %
Operating Margin 7.76 %

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 48M shares +2.18%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 689M USD +42.5%
Cost of Revenue 185M USD +43.3%
Research and Development Expense 219M USD +16.2%
Selling and Marketing Expense 84.8M USD +12%
General and Administrative Expense 147M USD +15.9%
Operating Income (Loss) 53.5M USD
Nonoperating Income (Expense) 295K USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 95.1M USD +766%
Income Tax Expense (Benefit) 8.3M USD +1523%
Net Income (Loss) Attributable to Parent 86.8M USD +732%
Earnings Per Share, Basic 2.01 USD/shares +657%
Earnings Per Share, Diluted 1.84 USD/shares +717%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 854M USD +21.8%
Accounts Receivable, after Allowance for Credit Loss, Current 94.2M USD +52.7%
Assets, Current 1.06B USD +29.2%
Deferred Income Tax Assets, Net 835K USD +31.9%
Property, Plant and Equipment, Net 19.5M USD +62.4%
Operating Lease, Right-of-Use Asset 48.6M USD +144%
Intangible Assets, Net (Excluding Goodwill) 21.9M USD +59.1%
Goodwill 10.5M USD +160%
Other Assets, Noncurrent 1.66M USD +32.5%
Assets 1.22B USD +40.1%
Accounts Payable, Current 3.65M USD +34.6%
Accrued Liabilities, Current 27.8M USD +19.6%
Contract with Customer, Liability, Current 311M USD +48.7%
Liabilities, Current 342M USD +45.6%
Deferred Income Tax Liabilities, Net 312K USD
Operating Lease, Liability, Noncurrent 54.7M USD +161%
Liabilities 397M USD +55.2%
Retained Earnings (Accumulated Deficit) -140M USD +38.3%
Stockholders' Equity Attributable to Parent 822M USD +33.8%
Liabilities and Equity 1.22B USD +40.1%

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 857M USD +22.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 0 USD
Deferred Tax Assets, Valuation Allowance 157M USD +44.6%
Operating Lease, Liability 57.3M USD
Depreciation 4.59M USD +17.2%
Payments to Acquire Property, Plant, and Equipment 1.41M USD +108%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 86.8M USD +732%
Lessee, Operating Lease, Liability, to be Paid 81.7M USD
Property, Plant and Equipment, Gross 35.3M USD +51.7%
Operating Lease, Liability, Current 2.62M USD -48.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two 9.16M USD
Lessee, Operating Lease, Liability, to be Paid, Year One 4.21M USD
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 24.5M USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 9.52M 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 6.55M USD -54.1%
Additional Paid in Capital 962M USD +14.4%
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 106M USD +16.3%