Duolingo, Inc.
NASDAQ:DUOL
529.05 (USD) • At close May 16, 2025
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2001 | |
|---|---|---|---|---|---|---|---|
| Assets: | |||||||
| Current Assets: | |||||||
| Cash & Cash Equivalents
| 785.791 | 747.61 | 608.18 | 553.922 | 120.49 | 59.843 | 0 |
| Short Term Investments
| 91.854 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash and Short Term Investments
| 877.645 | 747.61 | 608.18 | 553.922 | 120.49 | 59.843 | 0 |
| Net Receivables
| 128.923 | 88.975 | 46.728 | 33.163 | 20.45 | 10.005 | 0 |
| Inventory
| 0 | 0 | 35.041 | 0 | 13.585 | 0 | 0 |
| Other Current Assets
| 95.02 | 61.213 | 42.275 | 32.186 | 17.44 | 9.075 | 0 |
| Total Current Assets
| 1,101.588 | 897.798 | 697.183 | 619.271 | 158.38 | 78.923 | 0 |
| Non-Current Assets: | |||||||
| Property, Plant & Equipment, Net
| 66.438 | 30.895 | 35.477 | 36.58 | 14.501 | 13.821 | 0 |
| Goodwill
| 10.538 | 4.05 | 4.05 | 0 | 0 | 0 | 0 |
| Intangible Assets
| 19.899 | 15.995 | 8.497 | 4.566 | 2.296 | 1.791 | 0 |
| Goodwill and Intangible Assets
| 30.437 | 20.045 | 12.547 | 4.566 | 2.296 | 1.791 | 0 |
| Long Term Investments
| 98.292 | 3.501 | 0 | 0 | 0 | 0 | 0 |
| Tax Assets
| 0.675 | 7.537 | 0.633 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets
| 4.298 | 7.954 | 1.507 | 0.894 | 0.562 | 0.524 | 0 |
| Total Non-Current Assets
| 200.14 | 66.431 | 50.164 | 42.04 | 17.359 | 16.136 | 0 |
| Total Assets
| 1,301.728 | 953.957 | 747.347 | 661.311 | 175.739 | 95.059 | 0 |
| Liabilities & Equity: | |||||||
| Current Liabilities: | |||||||
| Account Payables
| 6.381 | 2.447 | 1.177 | 7.818 | 2.196 | 3.811 | 0 |
| Short Term Debt
| 0 | 0.627 | 4.903 | 3.336 | 1.111 | 0.974 | 0 |
| Tax Payables
| 6.591 | 0.792 | 3.465 | 0.113 | 2.369 | 0.023 | 0 |
| Deferred Revenue
| 372.884 | 249.192 | 157.55 | 98.267 | 54.792 | 26.307 | 0 |
| Other Current Liabilities
| 36.375 | 20.987 | 14.671 | 9.597 | 5.222 | 0.992 | 0 |
| Total Current Liabilities
| 422.231 | 277.362 | 181.766 | 119.131 | 65.69 | 32.107 | 0 |
| Non-Current Liabilities: | |||||||
| Long Term Debt
| 54.656 | 21.094 | 23.503 | 29.124 | 8.131 | 9.242 | 0 |
| Deferred Revenue Non-Current
| 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities Non-Current
| 0.291 | 0 | 9.614 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities
| 0 | 0 | 0 | 0 | 182.609 | 137.686 | 0 |
| Total Non-Current Liabilities
| 54.947 | 21.094 | 23.503 | 29.124 | 190.74 | 146.928 | 0 |
| Total Liabilities
| 477.178 | 298.456 | 205.269 | 148.255 | 256.43 | 179.035 | 0 |
| Equity: | |||||||
| Preferred Stock
| 0 | 0 | 747.347 | 661.311 | 182.609 | 137.686 | 0 |
| Common Stock
| 0.004 | 0.004 | 0.004 | 0.004 | 0.001 | 0.001 | 0 |
| Retained Earnings
| -125.847 | -214.421 | -230.488 | -170.914 | -110.779 | -95.003 | 0 |
| Accumulated Other Comprehensive Income/Loss
| 0 | -0 | -0 | -661.311 | -182.609 | -137.686 | 0 |
| Other Total Stockholders Equity
| 950.393 | 869.918 | 772.562 | 683.966 | 395.305 | 11.026 | 0 |
| Total Shareholders Equity
| 824.55 | 655.501 | 542.078 | 513.056 | -80.691 | -83.976 | 0 |
| Total Equity
| 824.55 | 655.501 | 542.078 | 513.056 | -80.691 | -83.976 | 0 |
| Total Liabilities & Shareholders Equity
| 1,301.728 | 953.957 | 747.347 | 661.311 | 175.739 | 95.059 | 0 |