Duolingo, Inc. (DUOL)
NASDAQ: DUOL · Real-Time Price · USD
112.06
+2.90 (2.66%)
At close: May 15, 2026, 4:00 PM EDT
112.06
0.00 (0.00%)
After-hours: May 15, 2026, 7:59 PM EDT

Duolingo Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
422.39414.0788.5716.07-59.57-60.14
Depreciation & Amortization
14.9914.3910.857.14.872.73
Stock-Based Compensation
141.07137.44110.4895.2273.8240.8
Other Adjustments
22.18-227.04-0.310.33--
Change in Receivables
-10.9-33.9-39.92-42.25-13.57-12.71
Changes in Accounts Payable
3.061.623.931.26-6.665.62
Changes in Accrued Expenses
12.420.2616.853.448.723.71
Changes in Unearned Revenue
98.23123.32123.6991.6459.2843.48
Changes in Other Operating Activities
-30.98-42.32-28.64-19.2-13.24-14.32
Operating Cash Flow
432.96387.82285.51153.6153.669.17
Operating Cash Flow Growth
40.74%35.83%85.86%186.29%485.13%-48.22%
Capital Expenditures
-16.92-18.1-12.12-3.19-5.56-3.59
Purchases of Intangible Assets
-10.85-9.3-9.02-10.49-4.56-2.62
Proceeds from Sale of Intangible Assets
--0.1---
Purchases of Investments
-192.48-162.93-193.3---
Proceeds from Sale of Investments
139.46115.753.71---
Payments for Business Acquisitions
--33.1-6.6--4.05-
Investing Cash Flow
-113.88-107.68-217.33-13.58-14.17-6.21
Issuance of Common Stock
11.3712.5719.3613.6214.78438.67
Repurchase of Common Stock
-24.33-----8.2
Net Common Stock Issued (Repurchased)
-12.9612.5719.3613.6214.78430.47
Other Financing Activities
-9.44-42.12-49.36-11.48--
Financing Cash Flow
-64.52-29.55-302.1414.78430.47
Net Cash Flow
254.57250.638.18142.1754.26433.43
Free Cash Flow
416.04369.73273.4150.4248.095.58
Free Cash Flow Growth
12.53%35.23%81.75%212.77%761.28%-61.04%
FCF Margin
37.86%35.63%36.55%28.32%13.02%2.23%
Free Cash Flow Per Share
8.587.655.803.231.220.24
Levered Free Cash Flow
503.19493.23203.1597.12-12.16-22.51
Unlevered Free Cash Flow
406.52386.91168.7769.07-18.82-22.56
Updated May 4, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q