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Duolingo DUOL Investing Cash Flow

Investing Cash Flow at other companies

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-$1.53M-32.3%

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$5.74B-63.3%
Enterprise value$5.64B-63.8%
P/E14×-119×
P/S-12.6×

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:NetCashProvidedByUsedInInvestingActivities.

The source filing: Duolingo’s 10-Q, filed May 5, 2026.

Filed
May 4, 2026, 8:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-029976
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Maturities and paydowns of investments42,39118,676
Capitalized software expense and purchases of intangible assets(2,853)(1,310)
Purchase of property and equipment(132)(1,309)
Net cash used for investing activities(16,749)(10,549)
Cash flows from financing activities:
Proceeds from exercise of stock options1,9223,123
Repurchase of common stock(24,331)
Taxes paid related to net-share settlement of share-based compensation awards(9,441)

Item 1. Financial Statements (Unaudited)

FAQ

What is Duolingo's investing cash flow?
Duolingo (DUOL) reported investing cash flow of -$16.75M in Q1 2026.
How has Duolingo's investing cash flow changed year-over-year?
Duolingo's investing cash flow decreased by 58.8% year-over-year, from -$10.55M to -$16.75M.
What is the long-term trend for Duolingo's investing cash flow?
Over 4 years (2021 to 2025), Duolingo's investing cash flow has grown at a 104.1% compound annual growth rate (CAGR), from -$6.21M to -$107.68M.
What does investing cash flow mean?
Total net cash provided by or used in investing activities — capex, acquisitions, investment purchases/sales, and other investing items.

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