What is Duolingo's capex?

Duolingo (DUOL) reported capex of $132K in Q1 2026.

How has Duolingo's capex changed year-over-year?

Duolingo's capex decreased by 89.9% year-over-year, from $1.31M to $132K.

What is the long-term trend for Duolingo's capex?

Over 4 years (2021 to 2025), Duolingo's capex has grown at a 49.9% compound annual growth rate (CAGR), from $3.59M to $18.1M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Duolingo DUOL CapEx

CapEx at other companies

StrideLRN

$535K+172%

Other financials

Income statement

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Revenue$292.0M+26.5%

Gross profit$213.1M+29.9%

Operating income$44.5M+88.7%

Net income$43.5M+23.7%

EPS (diluted)$0.89+23.6%

Balance sheet

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Cash & equivalents$171.2M+113%

Total debt$91.9M+68.5%

Total equity$1.4B+55.7%

Total assets$2.1B+46.7%

Cash flow

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Operating cash flow$150.8M+42.7%

Free cash flow$150.6M+44.4%

Valuation

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Market cap$5.85B-67.1%

Profitability

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Gross margin72.7%+0.4pp

Operating margin14.2%+5.6pp

Net margin38.4%+26.5pp

FCF margin37.9%+1.4pp

Returns & leverage

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Return on equity37%+24.9pp

Debt / equity0.1×0.0×

Current ratio2.6×-0.1×

Where this comes from

Reported directly by Duolingo in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Duolingo’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Duolingo's capex?: Duolingo (DUOL) reported capex of $132K in Q1 2026.
How has Duolingo's capex changed year-over-year?: Duolingo's capex decreased by 89.9% year-over-year, from $1.31M to $132K.
What is the long-term trend for Duolingo's capex?: Over 4 years (2021 to 2025), Duolingo's capex has grown at a 49.9% compound annual growth rate (CAGR), from $3.59M to $18.1M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.