Duolingo (DUOL) Other Working Capital Changes (2020 - 2026)
Duolingo (DUOL) posted Other Working Capital Changes of -$1.2 million for Q2 2026, up 80.17% on a QoQ basis from -$5.9 million in Q1 2026, and down 142.33% year-over-year from $2.8 million in Q2 2025.
Analysis
Duolingo (DUOL) Other Working Capital Changes (2020 - 2026) Analysis & Trends
Duolingo has reported Other Working Capital Changes for 7 years, with the latest figure at -$1.2 million in Q2 2026.
- On a quarterly basis, Other Working Capital Changes fell 142.33% year-over-year to -$1.2 million in Q2 2026; TTM through Jun 2026 was $4.2 million, a 40.8% decrease from a year earlier, with the FY2025 full-year figure at $15.8 million, up 108.6% from the prior year.
- Other Working Capital Changes was -$1.2 million for Q2 2026 at Duolingo, up from -$5.9 million in the prior quarter.
- The five-year high for Other Working Capital Changes was $62.3 million in Q4 2024, with the low at -$8.2 million in Q2 2026.
- Average Other Working Capital Changes over 5 years is $22.6 million, with a median of $18.1 million recorded in 2024.
- The sharpest annual moves came in 2024 and 2026: Other Working Capital Changes jumped 1217.49% in 2024, then tumbled 432.9% in 2026.
- Over 5 years, Other Working Capital Changes stood at -$739000.0 in 2022, then tumbled by 166.04% to -$2.0 million in 2023, then jumped by 35.3% to -$1.3 million in 2024, then soared by 418.95% to $4.1 million in 2025, then sank by 128.84% to -$1.2 million in 2026.
- The last three Other Working Capital Changes figures came in at -$1.2 million (Q2 2026), -$5.9 million (Q1 2026), and $4.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Duolingo | 14.45 Bn | 13.13 Bn | 216.74 Mn |
| 2 | Youdao | 3.62 Bn | 3.50 Bn | 105.66 Mn |
| 3 | Coursera | 1.59 Bn | 604.41 Mn | 173.40 Mn |
| 4 | Docebo | 712.07 Mn | 666.36 Mn | 54.53 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 |
| 9 | Skillsoft | 60.79 Mn | -57.58 Mn | 78.61 Mn |
| 10 | Sunlands Technology | 39.07 Mn | 38.85 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -8.15 Mn |
| Jun 30, 2026 | -8.15 Mn |
| Mar 31, 2026 | 17.05 Mn |
| Mar 31, 2026 | 17.05 Mn |
| Dec 31, 2025 | 54.48 Mn |
| Dec 31, 2025 | 54.48 Mn |
| Sep 30, 2025 | 10.55 Mn |
| Sep 30, 2025 | 10.55 Mn |
| Jun 30, 2025 | 16.15 Mn |
| Jun 30, 2025 | 16.15 Mn |
| Mar 31, 2025 | 42.14 Mn |
| Mar 31, 2025 | 42.14 Mn |
| Dec 31, 2024 | 62.28 Mn |
| Dec 31, 2024 | 62.28 Mn |
| Sep 30, 2024 | 19.13 Mn |
| Sep 30, 2024 | 19.13 Mn |
| Jun 30, 2024 | 12.16 Mn |
| Jun 30, 2024 | 12.16 Mn |
| Mar 31, 2024 | 30.12 Mn |
| Mar 31, 2024 | 30.12 Mn |