Duolingo Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019
Cash & Equivalents	750.35	608.18	553.92	120.49	59.84
Cash & Cash Equivalents	750.35	608.18	553.92	120.49	59.84
Cash Growth	23.38%	9.80%	359.72%	101.34%	-
Receivables	88.98	46.73	33.16	20.45	10.01
Other Current Assets	58.48	42.28	32.19	17.44	9.08
Total Current Assets	897.8	697.18	619.27	158.38	78.92
Property, Plant & Equipment	30.9	35.48	36.58	14.5	13.82
Goodwill and Intangibles	20.05	12.55	4.57	2.3	1.79
Other Long-Term Assets	5.22	2.14	0.89	0.56	0.52
Total Long-Term Assets	56.16	50.16	42.04	17.36	16.14
Total Assets	953.96	747.35	661.31	175.74	95.06
Accounts Payable	2.45	1.18	7.82	2.2	3.81
Deferred Revenue	249.19	157.55	98.27	54.79	26.31
Other Current Liabilities	25.72	23.04	13.05	8.7	1.99
Total Current Liabilities	277.36	181.77	119.13	65.69	32.11
Long-Term Debt	21.09	23.5	29.12	8.13	9.24
Total Long-Term Liabilities	21.09	23.5	29.12	8.13	9.24
Total Liabilities	298.46	205.27	148.26	73.82	41.35
Total Debt	21.09	23.5	29.12	8.13	9.24
Debt Growth	-10.25%	-19.30%	258.18%	-12.02%	-
Retained Earnings	-214.42	-230.49	-170.91	-110.78	-95
Shareholders' Equity	655.5	542.08	513.06	-80.69	-83.98
Net Cash / Debt	729.25	584.68	524.8	112.36	50.6
Net Cash / Debt Growth	24.73%	11.41%	367.07%	122.05%	-
Working Capital	620.44	515.42	500.14	92.69	46.82
Book Value Per Share	15.60	13.49	13.69	-2.25	-

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).