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Duolingo DUOL Payments For Software And Purchases Of Intangible Assets

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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%
CapEx$132.0K-89.9%
Free cash flow$150.6M+44.4%

Valuation

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Market cap$5.85B-67.1%
Enterprise value$5.77B-67.6%
P/E13.9×-170×
P/S5.3×-16.6×

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 duol:PaymentsForSoftwareAndPurchasesOfIntangibleAssets.

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 payments for software and purchases of intangible assets?
Duolingo (DUOL) reported payments for software and purchases of intangible assets of $2.85M in Q1 2026.
How has Duolingo's payments for software and purchases of intangible assets changed year-over-year?
Duolingo's payments for software and purchases of intangible assets increased by 117.8% year-over-year, from $1.31M to $2.85M.
What is the long-term trend for Duolingo's payments for software and purchases of intangible assets?
Over 4 years (2021 to 2025), Duolingo's payments for software and purchases of intangible assets has grown at a 37.3% compound annual growth rate (CAGR), from $2.62M to $9.3M.
What does payments for software and purchases of intangible assets mean?
This represents cash outflows for the acquisition or development of intangible assets, including software licenses, patents, and proprietary technology. It serves as a proxy for the company's investment in its digital infrastructure and intellectual property. High levels of spending in this area typically indicate a focus on long-term product innovation and competitive differentiation.