Duolingo Financial Statements From 2010 to 2026

Stocks . USA . 
Stock . Duolingo
DUOL Stock  USD 153.70  6.89  4.69%   
Duolingo's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Duolingo's valuation are provided below:
Gross Profit
694.2 M
Profit Margin
0.4003
Market Capitalization
6.8 B
Enterprise Value Revenue
6.0567
Revenue
964.3 M
There are over one hundred nineteen available fundamental signals for Duolingo, which can be analyzed over time and compared to other ratios. We recommend to verify Duolingo's prevailing fundamental drivers against the all of the trends between 2010 and 2026.

Duolingo Total Revenue

903.24 Million

Check Duolingo financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Duolingo's main balance sheet or income statement drivers, such as Tax Provision of 16.6 M, Depreciation And Amortization of 13.1 M or Interest Expense of 8.7 M, as well as many indicators such as Price To Sales Ratio of 30.04, Dividend Yield of 0.0 or PTB Ratio of 16.17. Duolingo financial statements analysis is a perfect complement when working with Duolingo Valuation or Volatility modules.
  
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Check out the analysis of Duolingo Correlation against competitors.
For more information on how to buy Duolingo Stock please use our How to buy in Duolingo Stock guide.

Duolingo Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets2.9 B2.8 B810.1 M
Slightly volatile
Short and Long Term Debt Total66 M62.9 M22.4 M
Slightly volatile
Other Current Liabilities43.9 M41.8 M10.7 M
Slightly volatile
Total Current Liabilities509.8 M485.6 M140.2 M
Slightly volatile
Property Plant And Equipment Net80.2 M76.4 M28.2 M
Slightly volatile
Current Deferred Revenue450.3 M428.8 M122 M
Slightly volatile
Accounts Payable4.4 M7.3 M4.1 M
Pretty Stable
Cash527.2 M903.7 M285 M
Slightly volatile
Non Current Assets Total1.6 B1.5 B406.6 M
Slightly volatile
Non Currrent Assets Other1.3 B1.3 B349.4 M
Slightly volatile
Cash And Short Term Investments544.1 M1 B297.6 M
Slightly volatile
Net Receivables155.7 M148.3 M42.5 M
Slightly volatile
Common Stock Total Equity2.8 K4.6 K2 K
Slightly volatile
Common Stock Shares Outstanding44.6 M54.2 M39.1 M
Slightly volatile
Liabilities And Stockholders Equity2.9 B2.8 B810.1 M
Slightly volatile
Non Current Liabilities Total693.4 M1.3 B419.3 M
Slightly volatile
Capital Lease Obligations66 M62.9 M22.4 M
Slightly volatile
Inventory1.091.152.9 M
Pretty Stable
Other Current Assets114.7 M109.3 M33.1 M
Slightly volatile
Other Stockholder Equity608.3 M1.1 B301.1 M
Slightly volatile
Total Liabilities1.9 B1.8 B600.8 M
Slightly volatile
Property Plant And Equipment Gross100 M95.3 M30.9 M
Slightly volatile
Total Current Assets651.4 M1.3 B363.6 M
Slightly volatile
Capital Stock3.3 K4.6 K2.1 K
Slightly volatile
Net Working Capital450.1 M781.3 M241.6 M
Slightly volatile
Short Term Debt3.6 M5.9 M2.2 M
Slightly volatile
Intangible Assets24 M22.9 M6.8 M
Slightly volatile
Common Stock3.3 K4.6 K2.1 K
Slightly volatile
Property Plant Equipment9.9 M11.7 M13 M
Slightly volatile
Capital Surpluse801.1 M888.4 M718.5 M
Slightly volatile
Non Current Liabilities Other1.3 B1.3 B292.3 M
Slightly volatile

Duolingo Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization13.1 M12.5 M3.9 M
Slightly volatile
Selling General Administrative99.9 M179.4 M57.1 M
Slightly volatile
Selling And Marketing Expenses62.8 M104.1 M37.9 M
Slightly volatile
Total Revenue903.2 M860.2 M251.8 M
Slightly volatile
Gross Profit657.3 M626 M182.5 M
Slightly volatile
Other Operating Expenses410.3 M788.2 M247.1 M
Slightly volatile
Research Development140.9 M270.6 M86.1 M
Slightly volatile
Cost Of Revenue245.9 M234.2 M73.4 M
Slightly volatile
Total Operating Expenses303.7 M554.1 M181.9 M
Slightly volatile
Reconciled Depreciation13.1 M12.5 M3.8 M
Slightly volatile
Total Other Income Expense Net48 M45.7 M10.4 M
Slightly volatile
Income Tax Expense16.6 M15.8 M3.6 M
Slightly volatile
Net Interest Income51.6 M49.1 M10.5 M
Slightly volatile
Interest Income51.6 M49.1 M10.5 M
Slightly volatile
Non Operating Income Net Other7.9 M7.5 M2.1 M
Slightly volatile

Duolingo Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Change In Cash32.6 M34.4 M67.7 M
Pretty Stable
Stock Based Compensation133.4 M127 M37.4 M
Slightly volatile
Change In Working Capital91.7 M87.3 M27 M
Slightly volatile
Begin Period Cash Flow906 M862.9 M241.4 M
Slightly volatile
Depreciation13.1 M12.5 M3.9 M
Slightly volatile
Capital Expenditures9.4 M13.9 M7.2 M
Slightly volatile
Total Cash From Operating Activities344.8 M328.3 M71.4 M
Slightly volatile
End Period Cash Flow528.2 M906.8 M285.6 M
Slightly volatile
Change To Netincome89.1 M84.9 M29.6 M
Slightly volatile
Change To Liabilities1.8 M1.9 M14.3 M
Slightly volatile
Cash And Cash Equivalents Changes46.4 M48.8 M321.1 M
Slightly volatile
Cash Flows Other Operating41.4 M52.9 M34.3 M
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio30.0421.6950.0128
Slightly volatile
Days Sales Outstanding42.1756.6251.7366
Very volatile
Operating Cash Flow Per Share6.25.911.451
Slightly volatile
Stock Based Compensation To Revenue0.110.130.0918
Slightly volatile
Capex To Depreciation2.451.283.2261
Slightly volatile
EV To Sales28.720.5649.0623
Slightly volatile
Payables Turnover27.9628.7218.55
Slightly volatile
Sales General And Administrative To Revenue0.30.240.2479
Slightly volatile
Research And Ddevelopement To Revenue0.420.360.4159
Slightly volatile
Capex To Revenue0.03540.01860.0538
Slightly volatile
Cash Per Share9.4918.166.6945
Slightly volatile
POCF Ratio53.9756.811.4 K
Slightly volatile
Capex To Operating Cash Flow0.04640.04881.5115
Slightly volatile
Days Payables Outstanding12.4913.1545.7145
Slightly volatile
EV To Operating Cash Flow51.1853.871.4 K
Slightly volatile
Intangibles To Total Assets0.01240.01460.0155
Slightly volatile
Current Ratio2.632.352.756
Slightly volatile
Receivables Turnover7.746.677.0754
Very volatile
Graham Number15.9726.5212.8499
Slightly volatile
Capex Per Share0.170.250.1756
Slightly volatile
Revenue Per Share16.2515.475.9097
Slightly volatile
Interest Debt Per Share1.191.130.5168
Slightly volatile
Debt To Assets0.04420.02620.0752
Slightly volatile
Operating Cycle42.1756.6251.7366
Very volatile
Days Of Payables Outstanding12.4913.1545.7145
Slightly volatile
Price To Operating Cash Flows Ratio53.9756.811.4 K
Slightly volatile
Quick Ratio2.632.352.756
Slightly volatile
Dividend Paid And Capex Coverage Ratio22.2721.215.5036
Slightly volatile
Net Income Per E B T1.061.00.9939
Pretty Stable
Cash Ratio2.171.672.1685
Slightly volatile
Operating Cash Flow Sales Ratio0.360.340.1157
Slightly volatile
Days Of Sales Outstanding42.1756.6251.7366
Very volatile
Cash Flow Coverage Ratios4.944.71.5996
Slightly volatile
Fixed Asset Turnover8.2610.137.4387
Slightly volatile
Capital Expenditure Coverage Ratio22.2721.215.5036
Slightly volatile
Price Cash Flow Ratio53.9756.811.4 K
Slightly volatile
Debt Ratio0.04420.02620.0752
Slightly volatile
Cash Flow To Debt Ratio4.944.71.5996
Slightly volatile
Price Sales Ratio30.0421.6950.0128
Slightly volatile
Asset Turnover0.50.360.6043
Slightly volatile
Gross Profit Margin0.580.650.7018
Slightly volatile

Duolingo Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap4 B4.5 B4.9 B
Slightly volatile
Enterprise Value5.4 B5.6 B5 B
Slightly volatile

Duolingo Fundamental Market Drivers

Forward Price Earnings25.974
Cash And Short Term Investments877.6 M

Duolingo Upcoming Events

27th of February 2024
Upcoming Quarterly Report
View
14th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
27th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Duolingo Financial Statements

Duolingo investors utilize fundamental indicators, such as revenue or net income, to predict how Duolingo Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue428.8 M450.3 M
Total Revenue860.2 M903.2 M
Cost Of Revenue234.2 M245.9 M
Stock Based Compensation To Revenue 0.13  0.11 
Sales General And Administrative To Revenue 0.24  0.30 
Research And Ddevelopement To Revenue 0.36  0.42 
Capex To Revenue 0.02  0.04 
Revenue Per Share 15.47  16.25 
Ebit Per Revenue 0.08  0.08 

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When determining whether Duolingo is a strong investment it is important to analyze Duolingo's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Duolingo's future performance. For an informed investment choice regarding Duolingo Stock, refer to the following important reports:
How To Invest In Duolingo
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Is Duolingo Stock a good investment?
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What is Duolingo's Net Worth?
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Largest Diversified Consumer Services Companies
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Check out the analysis of Duolingo Correlation against competitors.
For more information on how to buy Duolingo Stock please use our How to buy in Duolingo Stock guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Diversified Consumer Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Duolingo. If investors know Duolingo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Duolingo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
11.143
Earnings Share
7.94
Revenue Per Share
21.313
Quarterly Revenue Growth
0.411
Return On Assets
0.0449
The market value of Duolingo is measured differently than its book value, which is the value of Duolingo that is recorded on the company's balance sheet. Investors also form their own opinion of Duolingo's value that differs from its market value or its book value, called intrinsic value, which is Duolingo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Duolingo's market value can be influenced by many factors that don't directly affect Duolingo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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Please note, there is a significant difference between Duolingo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Duolingo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Duolingo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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