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Duolingo DUOL Net Change in Cash

Net Change in Cash at other companies

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-$6.27M+23.5%

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:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect.

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 itemSix Months Ended June 30, 2026Six Months Ended June 30, 2025
Cash flows from financing activities:
Proceeds from exercise of stock options2,3386,955
Repurchase of common stock(69,603)
Taxes paid related to net-share settlement of share-based compensation awards(18,799)
Net cash (used for) provided by financing activities(86,064)6,955
Net increase in cash, cash equivalents and restricted cash144,498190,440
Cash, cash equivalents and restricted cash - Beginning of period1,039,124788,526
Cash, cash equivalents and restricted cash - End of period$1,183,622$978,966

Item 1. Financial Statements (Unaudited)

FAQ

What is Duolingo's net change in cash?
Duolingo (DUOL) reported net change in cash of $42.33M in Q2 2026.
How has Duolingo's net change in cash changed year-over-year?
Duolingo's net change in cash decreased by 54.1% year-over-year, from $92.24M to $42.33M.
What is the long-term trend for Duolingo's net change in cash?
Over 3 years (2021 to 2025), Duolingo's net change in cash has grown at a -16.7% compound annual growth rate (CAGR), from $433.43M to $250.6M.
What does net change in cash mean?
Total increase or decrease in cash during the period — the sum of operating, investing, financing cash flows plus FX effects.

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