Duolingo Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Quarter Ending	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019
Cash & Equivalents	832.45	750.35	701.74	678.67	641.09	608.18	599.97	591.16	577.33	553.92	549.44	114.64	117.46	120.49	-	-	-	59.84
Cash & Cash Equivalents	832.45	750.35	701.74	678.67	641.09	608.18	599.97	591.16	577.33	553.92	549.44	114.64	117.46	120.49	0	0	0	59.84
Cash Growth	29.85%	23.38%	16.96%	14.80%	11.04%	9.80%	9.20%	415.68%	391.52%	359.72%	-	-	-	101.34%	-	-	-	-
Receivables	76.42	88.98	61.71	53.41	52.51	46.73	30.2	28.21	28.57	33.16	20.74	25.13	23.35	20.45	-	-	-	10.01
Other Current Assets	68.41	58.48	55.66	52.87	47.63	42.28	38.17	35.78	34.73	32.19	26.17	22.8	18.19	17.44	-	-	-	9.08
Total Current Assets	977.28	897.8	819.11	784.94	741.23	697.18	668.33	655.15	640.64	619.27	596.34	162.57	158.99	158.38	-	-	-	78.92
Property, Plant & Equipment	62.99	30.9	31.91	33.55	34.62	35.48	36.34	37.87	37.35	36.58	16.24	14.5	14.08	14.5	-	-	-	13.82
Goodwill and Intangibles	22.65	20.05	17.82	14.45	12.53	12.55	7.02	6.41	5.49	4.57	4.18	3.73	3.15	2.3	-	-	-	1.79
Other Long-Term Assets	5.75	5.22	1.88	1.87	2	2.14	2.01	1.62	1.04	0.89	1.01	0.9	0.65	0.56	-	-	-	0.52
Total Long-Term Assets	91.39	56.16	51.61	49.86	49.15	50.16	45.37	45.9	43.88	42.04	21.43	19.13	17.88	17.36	-	-	-	16.14
Total Assets	1,069	953.96	870.71	834.8	790.38	747.35	713.7	701.05	684.51	661.31	617.78	181.69	176.87	175.74	-	-	-	95.06
Accounts Payable	2.63	2.45	2.71	2.31	0.99	1.18	3.36	1.5	2.02	7.82	8.71	4.27	3.78	2.2	-	-	-	3.81
Deferred Revenue	279.31	249.19	208.89	192.75	181.94	157.55	134.94	128.19	119.1	98.27	80.46	71	65.26	54.79	-	-	-	26.31
Other Current Liabilities	21.78	25.72	23.33	22.05	19.89	23.04	17.32	17.63	14.66	13.05	9.48	9.79	15.04	8.7	-	-	-	1.99
Total Current Liabilities	303.72	277.36	234.93	217.11	202.81	181.77	155.63	147.33	135.78	119.13	98.65	85.05	84.08	65.69	-	-	-	32.11
Long-Term Debt	53.89	21.09	20.96	21.29	22.38	23.5	24.24	25.51	28.02	29.12	8.4	7.81	7.97	8.13	-	-	-	9.24
Total Long-Term Liabilities	53.89	21.09	20.96	21.29	22.38	23.5	24.24	25.51	28.02	29.12	8.4	7.81	7.97	8.13	-	-	-	9.24
Total Liabilities	357.62	298.46	255.9	238.4	225.19	205.27	179.87	172.83	163.8	148.26	107.05	92.86	92.05	73.82	-	-	-	41.35
Total Debt	53.89	21.09	20.96	21.29	22.38	23.5	24.24	25.51	28.02	29.12	8.4	7.81	7.97	8.13	-	-	-	9.24
Debt Growth	140.83%	-10.25%	-13.54%	-16.52%	-20.14%	-19.30%	188.57%	226.57%	251.51%	258.18%	-	-	-	-12.02%	-	-	-	-
Retained Earnings	-187.47	-214.42	-226.54	-229.35	-233.07	-230.49	-216.56	-198.11	-183.07	-170.91	-153.4	-124.43	-124.25	-110.78	-	-	-	-95
Shareholders' Equity	711.05	655.5	614.82	596.41	565.19	542.08	533.83	528.22	520.71	513.06	510.73	-93.78	-97.79	-80.69	-	-	-	-83.98
Net Cash / Debt	778.56	729.25	680.78	657.37	618.71	584.68	575.72	565.66	549.31	524.8	541.04	106.83	109.49	112.36	0	0	0	50.6
Net Cash / Debt Growth	25.83%	24.73%	18.25%	16.21%	12.63%	11.41%	6.41%	429.51%	401.71%	367.07%	-	-	-	122.05%	-	-	-	-
Working Capital	673.56	620.44	584.17	567.84	538.42	515.42	512.7	507.82	504.86	500.14	497.7	77.52	74.92	92.69	-	-	-	46.82
Book Value Per Share	16.58	15.60	14.80	14.53	13.91	13.49	13.47	13.49	13.48	13.69	13.65	-2.61	-2.72	-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).