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Duolingo DUOL Total Current Liabilities

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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$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:LiabilitiesCurrent.

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
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
Commitments and contingencies (Note 9)

Item 1. Financial Statements (Unaudited)

FAQ

What is Duolingo's total current liabilities?
Duolingo (DUOL) reported total current liabilities of $577.83M in Q2 2026.
How has Duolingo's total current liabilities changed year-over-year?
Duolingo's total current liabilities increased by 22.6% year-over-year, from $471.38M to $577.83M.
What is the long-term trend for Duolingo's total current liabilities?
Over 5 years (2020 to 2025), Duolingo's total current liabilities has grown at a 53.0% compound annual growth rate (CAGR), from $65.69M to $551.15M.
What does total current liabilities mean?
The sum of all obligations due within one year — payables, accrued expenses, current debt, deferred revenue, and other short-term liabilities.

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