Duolingo, Inc. Balance Sheet

Balance Sheet Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Assets
Current Assets
Cash & Equivalents 120.49M553.92M608.18M747.61M785.79M
Short-term Investments 91.85M
Cash & Current Investments 120.49M553.92M608.18M747.61M877.64M
Receivables - Net 20.45M33.16M46.73M88.97M128.92M
Receivables 20.45M33.16M46.73M88.97M128.92M
Prepaid Assets 3.85M7.97M7.23M7.28M14.83M
Current Assets 158.38M619.27M697.18M897.80M1,101.59M
Non-Current Assets
Property, Plant & Equipment (Net) 6.43M8.21M12.97M11.79M18.94M
Long-Term Investments 98.29M
Goodwill 4.05M4.05M10.54M
Intangibles 2.30M4.57M8.50M15.99M19.90M
Goodwill & Intangibles 2.30M4.57M12.55M20.05M30.44M
Long-Term Deferred Tax 0.63M0.77M0.68M
Other Non-Current Assets 0.56M0.89M1.51M2.73M2.73M
Non-Current Assets 17.36M42.04M50.16M56.16M200.14M
Assets 175.74M661.31M747.35M953.96M1,301.73M
Liabilities
Current Liabilities
Accounts Payables 2.20M7.82M1.18M2.45M6.38M
Payables 2.20M7.82M1.18M2.45M6.38M
Accumulated Expenses 8.63M12.93M21.97M24.93M36.38M
Current Taxes 0.07M0.11M1.07M0.79M6.59M
Current Deferred Revenue 54.79M98.27M157.55M249.19M372.88M
Total Current Liabilities 65.69M119.13M181.77M277.36M422.23M
Non-Current Liabilities
Preferred Stock Liabilities 182.61M
Non-Current Deferred Tax Liability 10.27M0.29M
Operating Leases 8.13M29.12M23.50M21.09M54.66M
Total Liabilities 73.82M148.25M205.27M298.46M477.18M
Shareholder's Equity
Common Equity -80.69M513.06M542.08M655.50M824.55M
Shareholder's Equity -80.69M513.06M542.08M655.50M824.55M
Liabilities and Shareholders Equity 175.74M661.31M747.35M953.96M1,301.73M
Retained Earnings -110.78M-170.91M-230.49M-214.42M-125.85M
Treasury Shares 0.03M0.73M2.04M2.03M1.80M