Name: DUOL Balance Sheet - Duolingo Assets & Debt | Ledgeburg
Creator: Ledgeburg
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Total Assets, Current Assets, Cash and Equivalents, Total Liabilities, Long-term Debt, Short-term Debt, Shareholders Equity, Working Capital, Book Value Per Share

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DUOL - Duolingo, Inc.

USD | NASDAQ | Technology

DUOL Balance Sheet - Duolingo Assets & Debt | Ledgeburg

(in millions of USD)	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Cash And Short Term Investments
Cash And Equivalents	1,036.4	785.8	747.6	608.2	553.9	120.5	-
Restricted Cash	-	-	-	-	-	-	-
Short Term Investments	-	-	-	-	-	-	-
Cash And Short Term Investments	1,036.4	785.8	747.6	608.2	553.9	120.5	-
Receivables
Accounts Receivable	162.8	128.9	89.0	46.7	33.2	20.5	-
Current Assets
Inventory	-	-	-	-	-	-	-
Prepaid Expenses	16.6	14.8	7.3	7.2	8.0	3.9	-
Non-Current Assets
Property, Plant & Equipment Gross	57.9	35.4	24.1	21.2	13.3	9.5	-
Accumulated Depreciation	21.6	16.4	12.3	8.2	5.1
Current Liabilities
Accounts Payable	8.0	6.4	2.4	1.2	7.8	2.2	-
Short Term Debt	-	-	-	-	-	-	-
Non-Current Liabilities
Long Term Debt	-	-	-	-	-	-	-
Operating Lease Liabilities Non-Current	93.8	54.7	21.1	23.5	29.1	8.1
Common Equity
Common Stock	0.0	0.0	0.0	0.0	0.0	0.0	-
Additional Paid In Capital	1,058.8	950.4	869.9	772.6	684.0	30.1
Supplementary Data
Total Debt	-	-	-	-	-	-	-
Net debt	-	-	-	-	-	-	-

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

(in millions of USD)	Q1 FY 26	Q4 FY 25	Q3 FY 25	Q2 FY 25	Q1 FY 25	Q4 FY 24	Q3 FY 24	Q2 FY 24	Q1 FY 24	Q4 FY 23	Q3 FY 23	Q2 FY 23	Q1 FY 23	Q4 FY 22	Q3 FY 22	Q2 FY 22	Q1 FY 22	Q4 FY 21	Q3 FY 21	Q2 FY 21	Q1 FY 21	Q4 FY 20	Q3 FY 20	Q2 FY 20	Q1 FY 20	Q4 FY 19
Cash And Short Term Investments
Cash And Equivalents	1,138.6	1,036.4	1,011.5	976.2	884.0	785.8	854.4	888.2	829.7	747.6	701.7	678.7	641.1	608.2	600.0

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

Receivables
Accounts Receivable	125.1	162.8	124.5	112.9	114.2	128.9	94.2	77.7	76.4	89.0	61.7	53.4	52.5	46.7	30.2	28.2	28.6	33.2	20.7	25.1	-	20.5	-	-	-	-

Current Assets
Inventory	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid Expenses	19.7	16.6	16.7	19.4	16.6	14.8	16.1	12.3	10.7	7.3	9.5	7.8	7.5	7.2	7.9	6.6	7.0	8.0
Other Current Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assets Held For Sale	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Current Assets	1,506.0	1,436.6	1,367.1	1,324.0	1,219.7	1,101.6	1,058.4	1,041.6	977.3	897.8	819.1	784.9	741.2	697.2	668.3	655.2

Non-Current Assets
Property, Plant & Equipment Gross	59.9	57.9	44.9	38.7	36.8	35.4	35.3	32.8	26.5	24.1	23.3	22.8	22.1	21.2	20.5	19.7	15.9	13.3	12.6	13.3	13.3	9.5	-	-	-	-
Accumulated Depreciation	22.9	21.6	20.3	19.0	17.7	16.4	15.8	14.5	13.3	12.3	11.3	10.2	9.2	8.2	7.4	6.4	5.7
Property,Plant & Equipment Net	37.0	36.3	24.6	19.7	19.2	18.9	19.5	18.3	13.2	11.8	12.0	12.6	12.8	13.0	13.2	13.4
Long Term Investments	140.2	135.1	98.7	75.4	83.3	98.3	55.3	-	-	0.0	-	-	-	-	-	-	-
Equity Method Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill	35.3	35.3	35.3	10.5	10.5	10.5	10.5	4.1	4.1	4.1	4.1	4.1	4.1	4.1	-	-	-	-
Intangible Assets	28.3	28.3	28.0	19.9	18.9	19.9	21.9	20.6	18.6	16.0	13.8	10.4	8.5	8.5	-	-	-
Operating Lease Right Of Use Assets	79.9	80.4	79.3	81.0	46.4	47.5	48.6	49.8	49.8	19.1	19.9	21.0	21.8	22.5	23.2	24.5
Deferred Tax Assets	217.8	227.3	240.2	0.7	0.7	0.7	0.8	0.8	0.8	0.8	0.6	0.6	0.6	0.6	0.4	0.4	-
Other Non-Current Assets	10.7	10.1	9.7	8.7	1.8	1.6	1.7	1.6	2.2	1.7	1.3	1.2	1.4	1.5	1.6	1.2	1.0
Total Non-Current Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Assets	2,058.0	1,992.2	1,885.6	1,542.6	1,403.1	1,301.7	1,219.5	1,139.4	1,068.7	954.0	870.7	834.8	790.4	747.3	713.7	701.1

Current Liabilities
Accounts Payable	7.5	8.0	3.6	7.7	2.5	6.4	3.6	3.4	2.6	2.4	2.7	2.3	1.0	1.2	3.4	1.5	2.0	7.8	8.7	4.3	-	2.2	-	-	-	-
Short Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred Revenue Current	513.3	496.2	441.7	431.2	415.0	372.9	310.6	291.5	279.3	249.2	208.9	192.8	181.9	157.6	134.9	128.2	119.1
Operating Lease Liabilities Current	-	-	4.1	3.0	-	2.6	2.6	2.5	2.8	3.9	5.1	6.1	5.5	4.9	4.6	4.5
Accrued Expenses	49.6	45.7	39.2	32.5	30.5	36.4	27.8	22.8	21.4	24.9	23.3	22.0	19.0	22.0	17.2	17.5	14.5	12.9
Other Current Liabilities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Current Liabilities	574.1	551.1	484.5	471.4	454.5	422.2	342.1	317.7	303.7	277.4	234.9	217.1	202.8	181.8	155.6

Non-Current Liabilities
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Lease Liabilities Non-Current	91.9	93.8	93.3	93.8	54.5	54.7	54.7	54.8	53.9	21.1	21.0	21.3	22.4	23.5	24.2	25.5
Deferred Revenue Non-Current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred Tax Liabilities	0.2	0.2	0.3	0.3	0.3	0.3	0.3	-	-	0.0	-	-	-	-	-	-	-
Pension Obligations	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Non-Current Liabilities	0.0	0.0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Non-Current Liabilities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Liabilities	666.2	645.2	578.1	565.5	509.3	477.2	397.1	372.5	357.6	298.5	255.9	238.4	225.2	205.3	179.9	172.8