- $4.48bn
- $3.34bn
- $1.04bn
Annual balance sheet for Duolingo, fiscal year end - December 31st, USD millions except per share, conversion factor applied.
2021 December 31st | 2022 December 31st | 2023 December 31st | 2024 December 31st | 2025 December 31st | |
|---|---|---|---|---|---|
| Period Length: | — | — | — | — | — |
| Source: | 10-K | 10-K | 10-K | 10-K | 10-K |
| Standards: | USG | USG | USG | USG | USG |
| Status: | Final | Final | Final | Final | Final |
| Cash and Equivalents | |||||
| Short Term Investments | |||||
| Cash and Short Term Investments | 554 | 608 | 748 | 878 | 1,140 |
| Net Total Accounts Receivable | |||||
| Net Total Receivables | 33.2 | 46.7 | 89 | 129 | 177 |
| Prepaid Expenses | |||||
| Total Other Current Assets | |||||
| Total Current Assets | 619 | 697 | 898 | 1,102 | 1,437 |
| Gross Property, Plant And Equipment | |||||
| Accumulated Depreciation | |||||
| Net Property, Plant And Equipment | 36.6 | 35.5 | 30.9 | 66.4 | 117 |
| Net Goodwill | |||||
| Net Intangible Assets | |||||
| Long Term Investments | |||||
| Other Long Term Assets | |||||
| Total Assets | 661 | 747 | 954 | 1,302 | 1,992 |
| Accounts Payable | |||||
| Accrued Expenses | |||||
| Notes Payable / Short Term Debt | |||||
| Total Other Current Liabilities | |||||
| Total Current Liabilities | 119 | 182 | 277 | 422 | 551 |
| Total Long Term Debt | |||||
| Total Debt | |||||
| Deferred Income Tax | |||||
| Total Other Liabilities | |||||
| Total Liabilities | 148 | 205 | 298 | 477 | 645 |
| Non Redeemable Preferred Stock | |||||
| Common Stock | |||||
| Additional Paid In Capital | |||||
| Retained Earnings (Accumulated Deficit) | |||||
| Total Equity | 513 | 542 | 656 | 825 | 1,347 |
| Total Liabilities & Shareholders' Equity | 661 | 747 | 954 | 1,302 | 1,992 |
| Total Common Shares Outstanding |