Duolingo DUOL
NASDAQ DUOL
$154.46 -4.36 (-2.75%)
At close: Sep 4, 2026 · 4:00 PM EDT

Duolingo (DUOL) Capital Expenditures (2020 - 2026)

Duolingo (DUOL) posted Capital Expenditures of $5.1 million for Q2 2026, up 171.26% on a QoQ basis from $1.9 million in Q1 2026, and up 62.81% year-over-year from $3.2 million in Q2 2025.

Analysis

Duolingo (DUOL) Capital Expenditures (2020 - 2026) Analysis & Trends

Duolingo has reported Capital Expenditures for 7 years, with the latest figure at $5.1 million in Q2 2026.

  • On a quarterly basis, Capital Expenditures rose 62.81% year-over-year to $5.1 million in Q2 2026; TTM through Jun 2026 was $20.7 million, a 115.17% increase from a year earlier, with the FY2025 full-year figure at $18.1 million, up 49.36% from the prior year.
  • Capital Expenditures was $5.1 million for Q2 2026 at Duolingo, up from $1.9 million in the prior quarter.
  • The five-year high for Capital Expenditures was $10.7 million in Q4 2025, with the low at $292000.0 in Q4 2022.
  • Average Capital Expenditures over 5 years is $2.6 million, with a median of $1.9 million recorded in 2022.
  • The sharpest annual moves came in 2023 and 2024: Capital Expenditures plunged 63.49% in 2023, then soared 572.67% in 2024.
  • Over 5 years, Capital Expenditures stood at $292000.0 in 2022, then jumped by 216.44% to $924000.0 in 2023, then surged by 112.23% to $2.0 million in 2024, then soared by 447.02% to $10.7 million in 2025, then sank by 52.13% to $5.1 million in 2026.
  • The last three Capital Expenditures figures came in at $5.1 million (Q2 2026), $1.9 million (Q1 2026), and $10.7 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Duolingo 14.45 Bn 13.13 Bn 216.74 Mn 5.14 Mn
2 Youdao 3.62 Bn 3.50 Bn 105.66 Mn -
3 Coursera 1.59 Bn 604.41 Mn 173.40 Mn -700,000.00
4 Docebo 712.07 Mn 666.36 Mn 54.53 Mn -172,000.00
5 51Talk Online Education 344.94 Mn 309.51 Mn 22.97 Mn -
6 iHuman 124.70 Mn -34.09 Mn 17.68 Mn -
7 Nerdy 119.95 Mn 90.19 Mn 27.98 Mn 1.53 Mn
8 Chegg 94.28 Mn 21.96 Mn 28.28 Mn 3.66 Mn
9 Skillsoft 60.79 Mn -57.58 Mn 78.61 Mn 3.08 Mn
10 Sunlands Technology 39.07 Mn 38.85 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 5.14 Mn
Mar 31, 2026 1.89 Mn
Dec 31, 2025 10.73 Mn
Sep 30, 2025 2.91 Mn
Jun 30, 2025 3.15 Mn
Mar 31, 2025 1.31 Mn
Dec 31, 2024 1.96 Mn
Sep 30, 2024 3.18 Mn
Jun 30, 2024 5.56 Mn
Mar 31, 2024 1.41 Mn
Dec 31, 2023 924,000.00
Sep 30, 2023 759,000.00
Jun 30, 2023 827,000.00
Mar 31, 2023 681,000.00
Dec 31, 2022 292,000.00
Sep 30, 2022 2.08 Mn
Jun 30, 2022 1.86 Mn
Mar 31, 2022 1.33 Mn
Dec 31, 2021 523,000.00
Sep 30, 2021 1.09 Mn