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Duolingo DUOL Accrued Expenses

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Other financials

Income statement

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Revenue$298.5M+18.3%
Gross profit$216.7M+18.7%
Operating income$33.9M+1.7%
Net income$33.2M-26.0%
EPS (diluted)$0.66-27.5%

Balance sheet

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Cash & equivalents$184.9M+104%
Total debt$86.1M+121%
Total equity$1.4B+44.3%
Total assets$2.1B+34.4%

Cash flow

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Operating cash flow$88.3M-2.7%
CapEx$6.9M+476%
Free cash flow$81.4M-9.1%

Valuation

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Market cap$6.42B-58.9%
Enterprise value$6.32B-59.4%
P/E15.6×-118×
P/S5.6×-12.0×

Profitability

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Gross margin72.7%+0.7pp
Operating margin13.7%+4.2pp
Net margin35.9%+22.6pp
FCF margin35.6%-1.5pp

Returns & leverage

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Return on equity34.4%+21.0pp
Debt / equity0.1×0.0×
Current ratio2.7×-0.1×

Where this comes from

Reported directly by Duolingo in its filing.

Tagged under the XBRL concept us-gaap:AccruedLiabilitiesCurrent.

The source filing: Duolingo’s 10-Q, filed August 6, 2026.

Filed
Aug 5, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-053603
Line itemJune 30,2026December 31, 2025
Deferred revenues$505,102$496,205
Accounts payable16,1967,998
Income tax payable1,1061,257
Accrued expenses and other current liabilities55,42945,688
Total current liabilities577,833551,148
Long-term obligation under operating leases86,13693,779
Deferred tax liabilities, net242249
Total liabilities664,211645,176

Item 1. Financial Statements (Unaudited)

FAQ

What is Duolingo's accrued expenses?
Duolingo (DUOL) reported accrued expenses of $55.43M in Q2 2026.
How has Duolingo's accrued expenses changed year-over-year?
Duolingo's accrued expenses increased by 70.8% year-over-year, from $32.45M to $55.43M.
What is the long-term trend for Duolingo's accrued expenses?
Over 5 years (2020 to 2025), Duolingo's accrued expenses has grown at a 39.5% compound annual growth rate (CAGR), from $8.63M to $45.69M.
What does accrued expenses mean?
Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

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