Duolingo Cash Flow Statement

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
Net Income	26.96	12.12	2.81	3.73	-2.58	-13.93	-18.45	-15.05	-12.15	-17.52	-28.97	-0.18	-13.47	-10.41	-3.18	0.04	-2.23
Depreciation & Amortization	2.07	2.04	1.66	1.63	1.76	1.44	1.48	1.17	0.77	0.76	0.73	0.64	0.6	0.61	0.63	0.62	0.4
Share-Based Compensation	24.99	25	25.43	23.71	21.07	20.63	20.49	18.11	14.59	14.68	20.66	2.91	2.55	12.51	1.68	1.68	1.15
Other Operating Activities	29.5	10.03	7.75	8.09	9.35	3.46	5.23	8.42	17.42	2.51	12.09	-4.26	15.44	0.97	1.71	6.12	5.4
Operating Cash Flow	83.51	49.19	37.65	37.17	29.6	11.61	8.76	12.66	20.63	0.43	4.51	-0.9	5.12	3.68	0.85	8.46	4.72
Operating Cash Flow Growth	182.10%	323.79%	329.84%	193.53%	43.52%	2587.04%	94.17%	-	302.64%	-88.26%	432.59%	-	8.56%	-	-	-	-
Capital Expenditures	-5.02	-4.15	-4.75	-3.37	-1.31	-0.9	-3.52	-3.27	-2.44	-1.11	-1.46	-1.86	-1.78	-1.33	-0.36	-0.59	-1.72
Acquisitions	0	0	0	0	0	-4.05	0	0	0	0	0	0	0	0	0	0	0
Investing Cash Flow	-5.02	-4.15	-4.75	-3.37	-1.31	-4.95	-3.52	-3.27	-2.44	-1.11	-1.46	-1.86	-1.78	-1.33	-0.36	-0.59	-1.72
Share Issuance / Repurchase	3.61	3.56	1.66	3.78	4.62	1.55	3.56	4.44	5.23	5.16	430.21	1.28	-6.17	0.9	0.68	0.17	0.28
Other Financing Activities	-	-	-11.48	-	-	-	-	-	-	-	1.55	-1.35	-0.2	34.95	-	9.98	-
Financing Cash Flow	3.61	3.56	-9.83	3.78	4.62	1.55	3.56	4.44	5.23	5.16	431.76	-0.07	-6.38	35.85	0.68	10.14	0.28
Net Cash Flow	82.1	48.61	23.07	37.57	32.91	8.21	8.81	13.83	23.41	4.48	434.8	-2.82	-3.03	38.19	1.16	18.01	3.28
Free Cash Flow	78.49	45.05	32.9	33.8	28.29	10.71	5.24	9.39	18.18	-0.68	3.05	-2.75	3.35	2.35	0.48	7.87	3
Free Cash Flow Growth	177.44%	320.47%	527.45%	259.80%	55.60%	-	72.07%	-	443.59%	-	530.85%	-	11.65%	-	-	-	-
Free Cash Flow Margin	46.85%	29.83%	23.90%	26.64%	24.46%	10.32%	5.46%	10.63%	22.39%	-0.93%	4.79%	-4.68%	6.04%	4.86%	1.07%	19.66%	10.66%
Free Cash Flow Per Share	1.83	1.07	0.79	0.82	0.70	0.27	0.13	0.24	0.47	-0.02	0.08	-0.08	0.09	0.07	-	-	-

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).