Duolingo DUOL Balance Sheet (2020-2026)

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

Duolingo Quarterly Balance Sheet

Periods 25 quarters
Latest Jun 2026

Duolingo reported total assets of $2073.95M and total liabilities of $664.21M for the quarter ended Jun 2026, up 34.4% year over year. This balance sheet covers 25 quarters of results from Jun 2020 through Jun 2026, standardized by Business Quant from the company’s SEC filings.

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Balance Sheet Jun2020 Sep2020 Dec2020 Mar2021 Jun2021 Sep2021 Dec2021 Mar2022 Jun2022 Sep2022 Dec2022 Mar2023 Jun2023 Sep2023 Dec2023 Mar2024 Jun2024 Sep2024 Dec2024 Mar2025 Jun2025 Sep2025 Dec2025 Mar2026 Jun2026
Assets
Current Assets
Cash & EquivalentsCash & Equiv.
549.44M553.92M577.33M591.16M599.97M608.18M641.09M678.66M701.74M747.61M829.71M888.24M854.41M785.79M884.00M976.23M1,011.54M1,036.39M1,138.56M1,180.89M
Short-term InvestmentsInvestments (Current)
26.35M91.85M115.28M121.65M109.91M104.08M113.05M132.98M
Cash & Current Investments
549.44M553.92M577.33M591.16M599.97M608.18M641.09M678.66M701.74M747.61M829.71M888.24M880.76M877.64M999.28M1,097.88M1,121.45M1,140.47M1,251.61M1,313.87M
Receivables - NetNet Receivables
20.74M33.16M28.57M28.21M30.20M46.73M52.51M53.41M61.71M88.97M76.42M77.72M94.22M128.92M114.18M112.92M124.49M162.83M125.09M130.98M
Receivables
20.74M33.16M28.57M28.21M30.20M46.73M52.51M53.41M61.71M88.97M76.42M77.72M94.22M128.92M114.18M112.92M124.49M162.83M125.09M130.98M
Prepaid Assets
6.44M7.97M6.95M6.56M7.91M7.23M7.50M7.79M9.53M7.28M10.75M12.32M16.13M14.83M16.63M19.39M16.71M16.58M19.66M20.87M
Current Assets
596.34M619.27M640.63M655.15M668.33M697.18M741.23M784.94M819.11M897.80M977.28M1,041.56M1,058.44M1,101.59M1,219.66M1,323.99M1,367.11M1,436.61M1,505.96M1,571.11M
Non-Current Assets
Property, Plant & Equipment (Net)PP&E (Net)
8.01M8.21M10.25M13.36M13.19M12.97M12.84M12.57M12.01M11.79M13.21M18.34M19.50M18.94M19.16M19.68M24.63M36.30M36.97M42.62M
Long-Term Investments
55.33M98.29M83.34M75.36M98.73M135.10M140.21M102.69M
Goodwill
4.05M4.05M4.05M4.05M4.05M4.05M4.05M10.54M10.54M10.54M10.54M35.34M35.34M35.34M35.34M
Intangibles
4.18M4.57M5.49M6.41M7.02M8.50M8.47M10.40M13.77M15.99M18.59M20.59M21.90M19.90M18.87M19.92M27.97M28.31M28.33M27.60M
Goodwill & Intangibles
4.18M4.57M5.49M6.41M7.02M12.55M12.53M14.45M17.82M20.05M22.64M24.64M32.44M30.44M29.41M30.46M63.30M63.64M63.66M62.93M
Long-Term Deferred Tax
0.42M0.42M0.63M0.63M0.63M0.63M0.77M0.77M0.83M0.83M0.68M0.68M0.68M240.17M227.34M217.84M206.04M
Other Non-Current Assets
1.01M0.89M1.04M1.21M1.59M1.51M1.37M1.24M1.25M2.73M2.73M2.73M2.73M2.73M2.73M8.66M9.70M10.08M10.68M10.99M
Non-Current Assets
21.43M42.04M43.88M45.90M45.37M50.16M49.15M49.86M51.61M56.16M91.39M97.88M161.11M200.14M183.49M218.57M518.53M555.58M552.03M502.84M
Assets
617.78M661.31M684.51M701.05M713.70M747.35M790.38M834.80M870.71M953.96M1,068.67M1,139.44M1,219.55M1,301.73M1,403.15M1,542.56M1,885.64M1,992.18M2,057.99M2,073.95M
Liabilities
Current Liabilities
Accounts Payables
8.71M7.82M2.02M1.50M3.36M1.18M0.99M2.31M2.71M2.45M2.62M3.40M3.65M6.38M2.55M7.73M3.57M8.00M7.49M16.20M
Payables
8.71M7.82M2.02M1.50M3.36M1.18M0.99M2.31M2.71M2.45M2.62M3.40M3.65M6.38M2.55M7.73M3.57M8.00M7.49M16.20M
Accumulated Expenses
9.45M12.93M14.52M17.54M17.18M21.97M18.96M21.99M23.28M24.93M21.42M22.80M27.84M36.38M30.54M32.45M39.23M45.69M49.56M55.43M
Current Taxes
0.03M0.11M0.14M0.09M0.14M1.07M0.93M0.06M0.06M0.79M0.36M0.04M0.04M6.59M6.38M0.02M0.02M1.26M3.81M1.11M
Current Deferred Revenue
80.46M98.27M119.10M128.19M134.94M157.55M181.94M192.75M208.89M249.19M279.31M291.48M310.60M372.88M415.02M431.18M441.73M496.20M513.26M505.10M
Total Current Liabilities
98.64M119.13M135.78M147.33M155.63M181.77M202.81M217.11M234.93M277.36M303.72M317.72M342.13M422.23M454.49M471.38M484.54M551.15M574.11M577.83M
Non-Current Liabilities
Preferred Stock Liabilities
Non-Current Deferred Tax LiabilityNon-Current Deferred Tax
10.27M0.31M18.41M0.30M0.30M0.30M0.25M0.24M0.24M
Operating Leases
8.40M29.12M28.02M25.50M24.24M23.50M22.38M21.29M20.96M21.09M56.64M57.23M57.27M54.66M54.53M96.81M97.32M93.78M91.87M86.14M
Total Non-Current Liabilities
645.18M666.23M
Total Liabilities
107.05M148.25M163.80M172.83M179.87M205.27M225.19M238.40M255.90M298.46M357.62M372.50M397.10M477.18M509.32M565.53M578.10M645.18M666.23M664.21M
Shareholder's Equity
Common Equity
510.73M513.06M520.71M528.22M533.83M542.08M565.19M596.40M614.82M655.50M711.05M766.94M822.45M824.55M893.83M977.03M1,307.54M1,347.01M1,391.76M1,409.74M
Liabilities and Shareholders Equity
617.78M661.31M684.51M701.05M713.70M747.35M790.38M834.80M870.71M953.96M1,068.67M1,139.44M1,219.55M1,301.73M1,403.15M1,542.56M1,885.64M1,992.18M2,057.99M2,073.95M
Treasury Shares
0.05M0.01M
Retained Earnings
664.12M683.97M703.78M726.33M750.38M772.56M798.25M825.75M841.35M869.92M898.51M930.05M962.20M950.39M984.53M1,022.96M1,061.27M1,058.78M1,064.58M1,046.33M