Duolingo (DUOL) Cash from Financing Activities (2020 - 2026)
Duolingo (DUOL) posted Cash from Financing Activities of -$54.2 million for Q2 2026, down 70.22% on a QoQ basis from -$31.8 million in Q1 2026, and down 1514.77% year-over-year from $3.8 million in Q2 2025.
Analysis
Duolingo (DUOL) Cash from Financing Activities (2020 - 2026) Analysis & Trends
Duolingo has reported Cash from Financing Activities for 7 years, with the latest figure at -$54.2 million in Q2 2026.
- On a quarterly basis, Cash from Financing Activities fell 1514.77% year-over-year to -$54.2 million in Q2 2026; TTM through Jun 2026 was -$122.6 million, a 289.69% decrease from a year earlier, with the FY2025 full-year figure at -$29.5 million, up 1.52% from the prior year.
- Cash from Financing Activities was -$54.2 million for Q2 2026 at Duolingo, down from -$31.8 million in the prior quarter.
- The five-year high for Cash from Financing Activities was $5.2 million in Q1 2022, with the low at -$54.2 million in Q2 2026.
- Average Cash from Financing Activities over 5 years is -$7.2 million, with a median of $3.4 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2026: Cash from Financing Activities surged 6347.89% in 2022, then slumped 1514.77% in 2026.
- Over 5 years, Cash from Financing Activities stood at $1.5 million in 2022, then surged by 129.87% to $3.6 million in 2023, then tumbled by 1267.47% to -$41.6 million in 2024, then rose by 5.64% to -$39.2 million in 2025, then slumped by 38.13% to -$54.2 million in 2026.
- The last three Cash from Financing Activities figures came in at -$54.2 million (Q2 2026), -$31.8 million (Q1 2026), and -$39.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Financing Activities (Qtr) |
|---|---|---|---|---|---|
| 1 | Duolingo | 14.45 Bn | 13.13 Bn | 216.74 Mn | -54.21 Mn |
| 2 | Youdao | 3.62 Bn | 3.50 Bn | 105.66 Mn | - |
| 3 | Coursera | 1.59 Bn | 604.41 Mn | 173.40 Mn | -96.70 Mn |
| 4 | Docebo | 712.07 Mn | 666.36 Mn | 54.53 Mn | -8.92 Mn |
| 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 | - |
| 8 | Chegg | 94.28 Mn | 21.96 Mn | 28.28 Mn | -1.83 Mn |
| 9 | Skillsoft | 60.79 Mn | -57.58 Mn | 78.61 Mn | -3.32 Mn |
| 10 | Sunlands Technology | 39.07 Mn | 38.85 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -54.21 Mn |
| Mar 31, 2026 | -31.85 Mn |
| Dec 31, 2025 | -39.25 Mn |
| Sep 30, 2025 | 2.75 Mn |
| Jun 30, 2025 | 3.83 Mn |
| Mar 31, 2025 | 3.12 Mn |
| Dec 31, 2024 | -41.60 Mn |
| Sep 30, 2024 | 3.19 Mn |
| Jun 30, 2024 | 4.80 Mn |
| Mar 31, 2024 | 3.61 Mn |
| Dec 31, 2023 | 3.56 Mn |
| Sep 30, 2023 | -9.83 Mn |
| Jun 30, 2023 | 3.78 Mn |
| Mar 31, 2023 | 4.62 Mn |
| Dec 31, 2022 | 1.55 Mn |
| Sep 30, 2022 | 3.56 Mn |
| Jun 30, 2022 | 4.44 Mn |
| Mar 31, 2022 | 5.23 Mn |
| Dec 31, 2021 | 5.16 Mn |
| Sep 30, 2021 | 431.76 Mn |