Duolingo, Inc. financial data

Symbol
DUOL on Nasdaq
Location
Pittsburgh, PA
Fiscal year end
31 December
Latest financial report
10-K - Q4 2025 - 27 Feb 2026

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 273% % -9.6%
Debt-to-equity 51% % -1.1%
Return On Equity 37% % 223%
Return On Assets 24% % 224%
Operating Margin 13% % 56%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float $13,342,902,822 USD 117%
Common Stock, Value, Issued $5,000 USD 25%
Weighted Average Number of Shares Outstanding, Diluted 48,308,000 shares 2.6%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax $1,037,589,000 USD 39%
Cost of Revenue $288,132,000 USD 41%
Research and Development Expense $306,323,000 USD 30%
Selling and Marketing Expense $125,677,000 USD 39%
General and Administrative Expense $181,887,000 USD 17%
Operating Income (Loss) $135,570,000 USD 117%
Nonoperating Income (Expense) $1,609,000 USD 75%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $182,410,000 USD 78%
Income Tax Expense (Benefit) $12,018,000 USD 88%
Net Income (Loss) Attributable to Parent $414,065,000 USD 367%
Earnings Per Share, Basic 9.05 USD/shares 344%
Earnings Per Share, Diluted 8.57 USD/shares 356%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $1,036,389,000 USD 32%
Accounts Receivable, after Allowance for Credit Loss, Current $162,827,000 USD 26%
Assets, Current $1,436,606,000 USD 30%
Deferred Income Tax Assets, Net $227,339,000 USD 33580%
Property, Plant and Equipment, Net $36,297,000 USD 92%
Operating Lease, Right-of-Use Asset $80,380,000 USD 69%
Intangible Assets, Net (Excluding Goodwill) $28,309,000 USD 42%
Goodwill $35,335,000 USD 235%
Other Assets, Noncurrent $10,083,000 USD 545%
Assets $1,992,182,000 USD 53%
Accounts Payable, Current $7,998,000 USD 25%
Accrued Liabilities, Current $45,688,000 USD 26%
Contract with Customer, Liability, Current $496,205,000 USD 33%
Liabilities, Current $551,148,000 USD 31%
Deferred Income Tax Liabilities, Net $249,000 USD -14%
Operating Lease, Liability, Noncurrent $93,779,000 USD 72%
Liabilities $645,176,000 USD 35%
Retained Earnings (Accumulated Deficit) $288,218,000 USD
Stockholders' Equity Attributable to Parent $1,347,006,000 USD 63%
Liabilities and Equity $1,992,182,000 USD 53%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $105,631,000 USD 26%
Net Cash Provided by (Used in) Financing Activities $3,123,000 USD -13%
Net Cash Provided by (Used in) Investing Activities $10,549,000 USD -110%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $98,205,000 USD 20%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $1,039,124,000 USD 32%
Interest Paid, Excluding Capitalized Interest, Operating Activities $0 USD
Deferred Tax Assets, Valuation Allowance $0 USD -100%
Operating Lease, Liability $100,983,000 USD 76%
Depreciation $5,195,000 USD 4.6%
Payments to Acquire Property, Plant, and Equipment $1,309,000 USD -7.4%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $414,065,000 USD 367%
Lessee, Operating Lease, Liability, to be Paid $137,818,000 USD 71%
Property, Plant and Equipment, Gross $57,868,000 USD 64%
Operating Lease, Liability, Current $7,204,000 USD 179%
Lessee, Operating Lease, Liability, to be Paid, Year Two $15,969,000 USD 75%
Lessee, Operating Lease, Liability, to be Paid, Year One $13,931,000 USD 233%
Operating Lease, Weighted Average Discount Rate, Percent 0.0691 pure -3.5%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $36,835,000 USD 58%
Lessee, Operating Lease, Liability, to be Paid, Year Three $14,606,000 USD 54%
Deferred Tax Assets, Operating Loss Carryforwards $27,541,000 USD 513%
Unrecognized Tax Benefits $0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four $15,053,000 USD 62%
Operating Lease, Payments $1,159,000 USD 18%
Additional Paid in Capital $1,058,783,000 USD 11%
Depreciation, Depletion and Amortization $3,590,000 USD 73%
Deferred Tax Assets, Net of Valuation Allowance $252,120,000 USD 1242%
Share-based Payment Arrangement, Expense $137,437,000 USD 24%