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

Duolingo (DUOL) Cash from Operations (2020 - 2026)

Duolingo (DUOL) posted Cash from Operations of $88.3 million for Q2 2026, down 41.46% on a QoQ basis from $150.8 million in Q1 2026, and down 2.66% year-over-year from $90.7 million in Q2 2025.

Analysis

Duolingo (DUOL) Cash from Operations (2020 - 2026) Analysis & Trends

Duolingo has reported Cash from Operations for 7 years, with the latest figure at $88.3 million in Q2 2026.

  • On a quarterly basis, Cash from Operations fell 2.66% year-over-year to $88.3 million in Q2 2026; TTM through Jun 2026 was $430.5 million, a 28.17% increase from a year earlier, with the FY2025 full-year figure at $387.8 million, up 35.83% from the prior year.
  • Cash from Operations was $88.3 million for Q2 2026 at Duolingo, down from $150.8 million in the prior quarter.
  • The five-year high for Cash from Operations was $150.8 million in Q1 2026, with the low at $8.8 million in Q3 2022.
  • Average Cash from Operations over 5 years is $62.2 million, with a median of $59.3 million recorded in 2024.
  • The sharpest annual moves came in 2022 and 2026: Cash from Operations surged 2587.04% in 2022, then declined 2.66% in 2026.
  • Over 5 years, Cash from Operations stood at $11.6 million in 2022, then jumped by 323.79% to $49.2 million in 2023, then surged by 69.42% to $83.3 million in 2024, then increased by 28.72% to $107.3 million in 2025, then declined by 17.73% to $88.3 million in 2026.
  • The last three Cash from Operations figures came in at $88.3 million (Q2 2026), $150.8 million (Q1 2026), and $107.3 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cash from Operations (Qtr)
1 Duolingo 14.45 Bn 13.13 Bn 216.74 Mn 88.26 Mn
2 Youdao 3.62 Bn 3.50 Bn 105.66 Mn -
3 Coursera 1.59 Bn 604.41 Mn 173.40 Mn -19.80 Mn
4 Docebo 712.07 Mn 666.36 Mn 54.53 Mn -3.07 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 -4.75 Mn
8 Chegg 94.28 Mn 21.96 Mn 28.28 Mn 10.06 Mn
9 Skillsoft 60.79 Mn -57.58 Mn 78.61 Mn 28.94 Mn
10 Sunlands Technology 39.07 Mn 38.85 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 88.26 Mn
Mar 31, 2026 150.77 Mn
Dec 31, 2025 107.28 Mn
Sep 30, 2025 84.24 Mn
Jun 30, 2025 90.68 Mn
Mar 31, 2025 105.63 Mn
Dec 31, 2024 83.34 Mn
Sep 30, 2024 56.27 Mn
Jun 30, 2024 62.39 Mn
Mar 31, 2024 83.51 Mn
Dec 31, 2023 49.19 Mn
Sep 30, 2023 37.65 Mn
Jun 30, 2023 37.17 Mn
Mar 31, 2023 29.60 Mn
Dec 31, 2022 11.61 Mn
Sep 30, 2022 8.76 Mn
Jun 30, 2022 12.66 Mn
Mar 31, 2022 20.63 Mn
Dec 31, 2021 432,000.00
Sep 30, 2021 4.51 Mn