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

Duolingo (DUOL) Cash & Equivalents (2020 - 2026)

Duolingo (DUOL) posted Cash & Equivalents of $1.2 billion for Q2 2026, up 3.72% on a QoQ basis from $1.1 billion in Q1 2026, and up 20.96% year-over-year from $976.2 million in Q2 2025.

Analysis

Duolingo (DUOL) Cash & Equivalents (2020 - 2026) Analysis & Trends

Duolingo has reported Cash & Equivalents for 7 years, with the latest figure at $1.2 billion in Q2 2026.

  • On a quarterly basis, Cash & Equivalents rose 20.96% year-over-year to $1.2 billion in Q2 2026; TTM through Jun 2026 was $1.2 billion, a 20.96% increase from a year earlier, with the FY2025 full-year figure at $1.0 billion, up 31.89% from the prior year.
  • Cash & Equivalents was $1.2 billion for Q2 2026 at Duolingo, up from $1.1 billion in the prior quarter.
  • The five-year high for Cash & Equivalents was $1.2 billion in Q2 2026, with the low at $577.3 million in Q1 2022.
  • Average Cash & Equivalents over 5 years is $818.4 million, with a median of $807.8 million recorded in 2024.
  • The sharpest annual moves came in 2022 and 2024: Cash & Equivalents jumped 415.68% in 2022, then increased 5.11% in 2024.
  • Over 5 years, Cash & Equivalents stood at $608.2 million in 2022, then increased by 22.93% to $747.6 million in 2023, then rose by 5.11% to $785.8 million in 2024, then jumped by 31.89% to $1.0 billion in 2025, then grew by 13.94% to $1.2 billion in 2026.
  • The last three Cash & Equivalents figures came in at $1.2 billion (Q2 2026), $1.1 billion (Q1 2026), and $1.0 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cash & Equiv. (Qtr)
1 Duolingo 14.45 Bn 13.13 Bn 216.74 Mn 1.18 Bn
2 Youdao 3.62 Bn 3.50 Bn 105.66 Mn 83.80 Mn
3 Coursera 1.59 Bn 604.41 Mn 173.40 Mn 871.70 Mn
4 Docebo 712.07 Mn 666.36 Mn 54.53 Mn 45.72 Mn
5 51Talk Online Education 344.94 Mn 309.51 Mn 22.97 Mn 35.43 Mn
6 iHuman 124.70 Mn -34.09 Mn 17.68 Mn 51.68 Mn
7 Nerdy 119.95 Mn 90.19 Mn 27.98 Mn 38.42 Mn
8 Chegg 94.28 Mn 21.96 Mn 28.28 Mn 44.62 Mn
9 Skillsoft 60.79 Mn -57.58 Mn 78.61 Mn 115.56 Mn
10 Sunlands Technology 39.07 Mn 38.85 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.18 Bn
Mar 31, 2026 1.14 Bn
Dec 31, 2025 1.04 Bn
Sep 30, 2025 1.01 Bn
Jun 30, 2025 976.23 Mn
Mar 31, 2025 884.00 Mn
Dec 31, 2024 785.79 Mn
Sep 30, 2024 854.41 Mn
Jun 30, 2024 888.24 Mn
Mar 31, 2024 829.71 Mn
Dec 31, 2023 747.61 Mn
Sep 30, 2023 701.74 Mn
Jun 30, 2023 678.67 Mn
Mar 31, 2023 641.09 Mn
Dec 31, 2022 608.18 Mn
Sep 30, 2022 599.97 Mn
Jun 30, 2022 591.16 Mn
Mar 31, 2022 577.33 Mn
Dec 31, 2021 553.92 Mn
Sep 30, 2021 549.44 Mn