Duolingo, Inc. financial data

Symbol
DUOL on Nasdaq
Industry
Services-Prepackaged Software
Location
5900 Penn Ave, Second Floor, Pittsburgh, PA
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-K - Q4 2024 - Feb 28, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 302 % -13.3%
Debt-to-equity 51.3 % +22.6%
Return On Equity 11.3 % +329%
Return On Assets 7.49 % +302%
Operating Margin 8.37 %

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 6.15B USD +58.1%
Common Stock, Value, Issued 4K USD 0%
Weighted Average Number of Shares Outstanding, Basic 40.6M shares +5.26%
Weighted Average Number of Shares Outstanding, Diluted 47.1M shares +1.25%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 748M USD +40.8%
Cost of Revenue 204M USD +43.3%
Research and Development Expense 235M USD +21.1%
Selling and Marketing Expense 90.5M USD +19.4%
General and Administrative Expense 156M USD +18.1%
Operating Income (Loss) 62.6M USD +190%
Nonoperating Income (Expense) -2.99M USD -5329%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 102M USD +475%
Income Tax Expense (Benefit) 13.7M USD +703%
Net Income (Loss) Attributable to Parent 88.6M USD +451%
Earnings Per Share, Basic 2.04 USD/shares +423%
Earnings Per Share, Diluted 1.88 USD/shares +437%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 786M USD +5.11%
Accounts Receivable, after Allowance for Credit Loss, Current 129M USD +44.9%
Assets, Current 1.1B USD +22.7%
Deferred Income Tax Assets, Net 675K USD -11.9%
Property, Plant and Equipment, Net 18.9M USD +60.6%
Operating Lease, Right-of-Use Asset 47.5M USD +149%
Intangible Assets, Net (Excluding Goodwill) 19.9M USD +24.4%
Goodwill 10.5M USD +160%
Other Assets, Noncurrent 1.56M USD -9.02%
Assets 1.3B USD +36.5%
Accounts Payable, Current 6.38M USD +161%
Accrued Liabilities, Current 36.4M USD +45.9%
Contract with Customer, Liability, Current 373M USD +49.6%
Liabilities, Current 422M USD +52.2%
Deferred Income Tax Liabilities, Net 291K USD
Operating Lease, Liability, Noncurrent 54.7M USD +159%
Liabilities 477M USD +59.9%
Retained Earnings (Accumulated Deficit) -126M USD +41.3%
Stockholders' Equity Attributable to Parent 825M USD +25.8%
Liabilities and Equity 1.3B USD +36.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 83.5M USD +182%
Net Cash Provided by (Used in) Financing Activities 3.61M USD -21.8%
Net Cash Provided by (Used in) Investing Activities -5.02M USD -283%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 82.1M USD +149%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 789M USD +5.09%
Interest Paid, Excluding Capitalized Interest, Operating Activities 0 USD
Deferred Tax Assets, Valuation Allowance 257M USD +63.7%
Operating Lease, Liability 57.2M USD +129%
Depreciation 4.97M USD +21.1%
Payments to Acquire Property, Plant, and Equipment 1.41M USD +108%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 88.6M USD +451%
Lessee, Operating Lease, Liability, to be Paid 80.6M USD +130%
Property, Plant and Equipment, Gross 35.4M USD +46.9%
Operating Lease, Liability, Current 2.58M USD -34.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two 9.13M USD +170%
Lessee, Operating Lease, Liability, to be Paid, Year One 4.19M USD -25.4%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 23.4M USD +132%
Lessee, Operating Lease, Liability, to be Paid, Year Three 9.51M USD +180%
Deferred Tax Assets, Operating Loss Carryforwards 4.49M USD -71.1%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 9.3M USD +169%
Operating Lease, Payments 5.73M USD -23.8%
Additional Paid in Capital 950M USD +9.25%
Depreciation, Depletion and Amortization 2.07M USD +17.7%
Deferred Tax Assets, Net of Valuation Allowance 18.8M USD +70.2%
Share-based Payment Arrangement, Expense 110M USD +16%