Duolingo (DUOL) Cash from Operations (2020 - 2026)
Duolingo (DUOL) recorded Cash from Operations of $88.26 million in Q2 2026, down 2.7% from $90.68 million a year earlier and down 41.5% from the prior quarter.
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Analysis
Duolingo (DUOL) Cash from Operations (2020 - 2026) Analysis & Trends
On a TTM basis, Duolingo's Cash from Operations came in at $430.55 million as of Jun 30, 2026, up 28.2% year-over-year; for FY2025, it was $387.82 million, up 35.8% from FY2024.
- Annual Cash from Operations has increased for four straight years, with a five-year compound annual growth rate of 85.4% (FY2020 to FY2025).
- Across earlier years, Cash from Operations came in at $285.51 million in FY2024 (+85.9%), $153.61 million in FY2023 (+186.3%), $53.66 million in FY2022 (+485.1%) and $9.17 million in FY2021 (-48.2%).
- Quarterly Cash from Operations has ranged from $432,000 in Q4 2021 to $150.77 million in Q1 2026 over the past five years.
- On a year-over-year basis, Cash from Operations rose in seven of the last eight quarters, with growth averaging 38.6%.
- Peak year-over-year performance for Cash from Operations in the last five years was growth of 432.6% in Q3 2021, against a decline of 88.3% in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $150.77 million (Q1 2026), $107.28 million (Q4 2025) and $84.24 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | -127,466.00 |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 238.71 Mn |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 73.52 Mn |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 144.00 Mn |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 260.63 Mn |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 240.30 Mn |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 88.26 Mn |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 90.68 Mn |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 115.00 Mn |
| 10 | Bentley Systems | 9.44 Bn | 8.90 Bn | 336.74 Mn | 71.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
API Access
Duolingo Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=DUOL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "DUOL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=DUOL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();