Duolingo, Inc. (DUOL)
NASDAQ: DUOL · Real-Time Price · USD
287.36
-26.54 (-8.45%)
Apr 4, 2025, 12:18 PM EDT - Market open
Duolingo Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 | Q2 2020 | Q1 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 | Jun '21 Jun 30, 2021 | Mar '21 Mar 31, 2021 | Dec '20 Dec 31, 2020 | Sep '20 Sep 30, 2020 | Jun '20 Jun 30, 2020 | Mar '20 Mar 31, 2020 |
| Cash & Equivalents | 785.79 | 854.41 | 888.24 | 829.71 | 747.61 | 701.74 | 678.67 | 641.09 | 608.18 | 599.97 | 591.16 | 577.33 | 553.92 | 549.44 | 114.64 | 117.46 | 120.49 | - | - | - |
| Short-Term Investments | 93.34 | 26.35 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cash & Short-Term Investments | 879.13 | 880.76 | 888.24 | 829.71 | 747.61 | 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 Growth | 17.59% | 25.51% | 30.88% | 29.42% | 22.93% | 16.96% | 14.80% | 11.04% | 9.79% | 9.20% | 415.68% | 391.52% | 359.72% | - | - | 96.28% | - | - | - | - |
| Accounts Receivable | 128.92 | 94.22 | 77.72 | 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 | - | - | - |
| Other Receivables | - | - | - | - | - | - | 2.36 | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Receivables | 128.92 | 94.22 | 77.72 | 76.42 | 88.98 | 61.71 | 55.77 | 52.51 | 46.73 | 30.2 | 28.21 | 28.57 | 33.16 | 20.74 | 25.13 | 23.35 | 20.45 | - | - | - |
| Prepaid Expenses | 13.37 | 16.13 | 12.32 | 10.75 | 7.28 | 9.53 | 7.79 | 7.5 | 7.23 | 7.91 | 6.56 | 6.95 | 7.97 | 6.44 | 5.64 | 1.93 | 3.86 | - | - | - |
| Other Current Assets | 80.16 | 67.33 | 63.29 | 60.4 | 53.93 | 46.12 | 42.72 | 40.14 | 35.04 | 30.26 | 29.22 | 27.78 | 24.22 | 19.73 | 17.17 | 16.26 | 13.59 | - | - | - |
| Total Current Assets | 1,102 | 1,058 | 1,042 | 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 | - | - | - |
| Property, Plant & Equipment | 66.44 | 68.12 | 68.1 | 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 | - | - | - |
| Long-Term Investments | 98.29 | 55.33 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Goodwill | 10.54 | 10.54 | 4.05 | 4.05 | 4.05 | 4.05 | 4.05 | 4.05 | 4.05 | - | - | - | - | - | - | - | - | - | - | - |
| Other Intangible Assets | 19.9 | 21.9 | 20.59 | 18.6 | 16 | 13.77 | 10.4 | 8.48 | 8.5 | 7.02 | 6.41 | 5.49 | 4.57 | 4.18 | 3.73 | 3.15 | 2.3 | - | - | - |
| Long-Term Deferred Tax Assets | 0.68 | 0.84 | 0.84 | 0.77 | 0.77 | 0.63 | 0.63 | 0.63 | 0.63 | 0.42 | 0.42 | - | - | - | - | - | - | - | - | - |
| Other Long-Term Assets | 4.3 | 4.39 | 4.31 | 4.98 | 4.45 | 1.25 | 1.24 | 1.37 | 1.51 | 1.59 | 1.21 | 1.04 | 0.89 | 1.01 | 0.9 | 0.65 | 0.56 | - | - | - |
| Total Assets | 1,302 | 1,220 | 1,139 | 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 | - | - | - |
| Accounts Payable | 6.38 | 3.65 | 3.41 | 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 | - | - | - |
| Accrued Expenses | 33.79 | 25.23 | 20.35 | 18.67 | 20.99 | 10.65 | 9.2 | 7.09 | 12.2 | 6.78 | 6.62 | 5.03 | 5.47 | 4.52 | 4.71 | 10.55 | 4.7 | - | - | - |
| Current Portion of Leases | 2.58 | 2.62 | 2.46 | 2.75 | 3.94 | 5.09 | 6.05 | 5.52 | 4.9 | 4.64 | 4.53 | 3.96 | 3.34 | 1.54 | 0.63 | 0.98 | 1.11 | - | - | - |
| Current Income Taxes Payable | 6.59 | 0.04 | 0.04 | 0.36 | 0.79 | 0.06 | 0.06 | 0.93 | 1.07 | 0.15 | 0.09 | 0.14 | 0.11 | 0.03 | 0.01 | 0.08 | 0.07 | - | - | - |
| Current Unearned Revenue | 372.88 | 310.6 | 291.48 | 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 | - | - | - |
| Other Current Liabilities | - | - | - | - | - | 7.54 | 6.74 | 6.35 | 4.87 | 5.77 | 6.39 | 5.53 | 4.13 | 3.39 | 4.44 | 3.43 | 2.82 | - | - | - |
| Total Current Liabilities | 422.23 | 342.13 | 317.72 | 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 | - | - | - |
| Long-Term Leases | 54.66 | 54.65 | 54.78 | 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 | - | - | - |
| Long-Term Deferred Tax Liabilities | 0.29 | 0.31 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | 477.18 | 397.1 | 372.5 | 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 | - | - | - |
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - |
| Additional Paid-In Capital | 950.39 | 962.2 | 930.05 | 898.51 | 869.92 | 841.35 | 825.75 | 798.25 | 772.56 | 750.38 | 726.33 | 703.78 | 683.97 | 664.12 | 30.65 | 26.47 | 30.09 | - | - | - |
| Retained Earnings | -125.85 | -139.75 | -163.11 | -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 | - | - | - |
| Total Common Equity | 824.55 | 822.45 | 766.94 | 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 |
| Shareholders' Equity | 824.55 | 822.45 | 766.94 | 711.05 | 655.5 | 614.82 | 596.41 | 565.19 | 542.08 | 533.83 | 528.22 | 520.71 | 513.06 | 510.73 | 88.83 | 84.82 | 101.92 | - | - | 53.71 |
| Total Liabilities & Equity | 1,302 | 1,220 | 1,139 | 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 | - | - | - |
| Total Debt | 57.24 | 57.27 | 57.23 | 56.64 | 25.04 | 26.05 | 27.35 | 27.9 | 28.41 | 28.88 | 30.03 | 31.99 | 32.46 | 9.94 | 8.44 | 8.95 | 9.24 | - | - | 10.22 |
| Net Cash (Debt) | 821.9 | 823.5 | 831.01 | 773.07 | 722.57 | 675.69 | 651.32 | 613.19 | 579.77 | 571.09 | 561.13 | 545.35 | 521.46 | 539.5 | 106.2 | 108.51 | 111.25 | - | - | 49.63 |
| Net Cash Growth | 13.75% | 21.88% | 27.59% | 26.07% | 24.63% | 18.32% | 16.07% | 12.44% | 11.18% | 5.86% | 428.39% | 402.59% | 368.74% | - | - | 118.65% | - | - | - | - |
| Net Cash Per Share | 17.92 | 17.17 | 17.40 | 16.33 | 15.50 | 14.39 | 13.90 | 15.10 | 14.57 | 14.37 | 14.29 | 14.13 | 13.69 | 18.27 | 8.06 | 8.40 | 8.22 | - | - | 4.00 |
| Filing Date Shares Outstanding | 45.24 | 43.98 | 43.54 | 43.12 | 42.88 | 42.01 | 41.54 | 41.05 | 40.64 | 40.17 | 39.64 | 39.16 | 38.63 | 37.47 | 37.42 | 13.12 | 12.79 | 12.53 | - | 12.4 |
| Total Common Shares Outstanding | 44.94 | 43.94 | 43.5 | 43.06 | 42.53 | 41.97 | 41.53 | 41.02 | 40.36 | 40.09 | 39.59 | 39.08 | 38.27 | 37.45 | 13.27 | 13.12 | 12.79 | 12.53 | - | 12.4 |
| Working Capital | 679.36 | 716.3 | 723.84 | 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 | - | - | - |
| Book Value Per Share | 18.35 | 18.72 | 17.63 | 16.51 | 15.41 | 14.65 | 14.36 | 13.78 | 13.43 | 13.32 | 13.34 | 13.33 | 13.41 | 13.64 | -7.07 | -7.45 | -6.31 | - | - | - |
| Tangible Book Value | 794.11 | 790.02 | 742.31 | 688.41 | 635.46 | 597 | 581.96 | 552.66 | 529.53 | 526.81 | 521.81 | 515.23 | 508.49 | 506.55 | -97.51 | -100.94 | -82.99 | - | - | -85.77 |
| Tangible Book Value Per Share | 17.67 | 17.98 | 17.06 | 15.99 | 14.94 | 14.22 | 14.01 | 13.47 | 13.12 | 13.14 | 13.18 | 13.18 | 13.29 | 13.53 | -7.35 | -7.69 | -6.49 | - | - | - |
| Machinery | 8.42 | 8.86 | 6.89 | 5.93 | 5.87 | 5.89 | 5.68 | 5.38 | 5.2 | 4.94 | 4.4 | 3.86 | 3.05 | 2.7 | 2.36 | 2.03 | 1.96 | - | - | - |
| Leasehold Improvements | 26.94 | 26.45 | 25.93 | 20.62 | 18.19 | 17.39 | 17.13 | 16.69 | 15.98 | 15.6 | 15.31 | 12.06 | 10.26 | 9.86 | 9.34 | 8.31 | 7.54 | - | - | - |
Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.