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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |