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

Duolingo (DUOL) Change in Cash (2020 - 2026)

Duolingo (DUOL) posted Change in Cash of $42.3 million for Q2 2026, down 58.57% on a QoQ basis from $102.2 million in Q1 2026, and down 54.11% year-over-year from $92.2 million in Q2 2025.

Analysis

Duolingo (DUOL) Change in Cash (2020 - 2026) Analysis & Trends

Duolingo has reported Change in Cash for 7 years, with the latest figure at $42.3 million in Q2 2026.

  • On a quarterly basis, Change in Cash fell 54.11% year-over-year to $42.3 million in Q2 2026; TTM through Jun 2026 was $204.7 million, a 132.59% increase from a year earlier, with the FY2025 full-year figure at $250.6 million, up 556.34% from the prior year.
  • Change in Cash was $42.3 million for Q2 2026 at Duolingo, down from $102.2 million in the prior quarter.
  • The five-year high for Change in Cash was $102.2 million in Q1 2026, with the low at -$68.6 million in Q4 2024.
  • Average Change in Cash over 5 years is $35.0 million, with a median of $34.1 million recorded in 2023.
  • The sharpest annual moves came in 2022 and 2024: Change in Cash surged 872.32% in 2022, then slumped 246.63% in 2024.
  • Over 5 years, Change in Cash stood at $8.2 million in 2022, then soared by 491.84% to $48.6 million in 2023, then tumbled by 241.17% to -$68.6 million in 2024, then jumped by 136.21% to $24.8 million in 2025, then surged by 70.35% to $42.3 million in 2026.
  • The last three Change in Cash figures came in at $42.3 million (Q2 2026), $102.2 million (Q1 2026), and $24.8 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Cash (Qtr)
1 Duolingo 14.45 Bn 13.13 Bn 216.74 Mn 42.33 Mn
2 Youdao 3.62 Bn 3.50 Bn 105.66 Mn -
3 Coursera 1.59 Bn 604.41 Mn 173.40 Mn 83.30 Mn
4 Docebo 712.07 Mn 666.36 Mn 54.53 Mn -17.47 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 -6.27 Mn
8 Chegg 94.28 Mn 21.96 Mn 28.28 Mn 11.09 Mn
9 Skillsoft 60.79 Mn -57.58 Mn 78.61 Mn 21.77 Mn
10 Sunlands Technology 39.07 Mn 38.85 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 42.33 Mn
Mar 31, 2026 102.17 Mn
Dec 31, 2025 24.85 Mn
Sep 30, 2025 35.31 Mn
Jun 30, 2025 92.24 Mn
Mar 31, 2025 98.21 Mn
Dec 31, 2024 -68.62 Mn
Sep 30, 2024 -33.83 Mn
Jun 30, 2024 58.53 Mn
Mar 31, 2024 82.10 Mn
Dec 31, 2023 48.61 Mn
Sep 30, 2023 23.07 Mn
Jun 30, 2023 37.57 Mn
Mar 31, 2023 32.91 Mn
Dec 31, 2022 8.21 Mn
Sep 30, 2022 8.81 Mn
Jun 30, 2022 13.83 Mn
Mar 31, 2022 23.41 Mn
Dec 31, 2021 4.48 Mn
Sep 30, 2021 434.80 Mn