Duolingo Inc
NASDAQ:DUOL
Balance Sheet
Balance Sheet Decomposition
Duolingo Inc
Duolingo Inc
Balance Sheet
Duolingo Inc
| Dec-2019 | Dec-2020 | Dec-2021 | Dec-2022 | Dec-2023 | Dec-2024 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Cash Equivalents |
60
|
120
|
554
|
608
|
748
|
786
|
1 036
|
|
| Cash Equivalents |
60
|
120
|
554
|
608
|
748
|
786
|
1 036
|
|
| Short-Term Investments |
0
|
0
|
0
|
0
|
0
|
92
|
104
|
|
| Total Receivables |
10
|
20
|
33
|
47
|
89
|
129
|
177
|
|
| Accounts Receivables |
10
|
20
|
33
|
47
|
89
|
129
|
163
|
|
| Other Receivables |
0
|
0
|
0
|
0
|
0
|
0
|
14
|
|
| Other Current Assets |
9
|
17
|
32
|
42
|
61
|
95
|
119
|
|
| Total Current Assets |
79
|
158
|
619
|
697
|
898
|
1 102
|
1 437
|
|
| PP&E Net |
14
|
15
|
37
|
35
|
31
|
66
|
117
|
|
| PP&E Gross |
14
|
15
|
37
|
35
|
31
|
66
|
117
|
|
| Accumulated Depreciation |
1
|
3
|
5
|
8
|
12
|
16
|
22
|
|
| Intangible Assets |
2
|
2
|
5
|
8
|
16
|
20
|
28
|
|
| Goodwill |
0
|
0
|
0
|
4
|
4
|
11
|
35
|
|
| Long-Term Investments |
0
|
0
|
0
|
0
|
0
|
98
|
135
|
|
| Other Long-Term Assets |
1
|
1
|
1
|
2
|
5
|
5
|
240
|
|
| Other Assets |
0
|
0
|
0
|
4
|
4
|
11
|
35
|
|
| Total Assets |
95
N/A
|
176
+85%
|
661
+276%
|
747
+13%
|
954
+28%
|
1 302
+36%
|
1 992
+53%
|
|
| Liabilities | ||||||||
| Accounts Payable |
4
|
2
|
8
|
1
|
2
|
6
|
8
|
|
| Accrued Liabilities |
2
|
9
|
13
|
15
|
21
|
36
|
46
|
|
| Short-Term Debt |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other Current Liabilities |
26
|
55
|
98
|
166
|
254
|
379
|
497
|
|
| Total Current Liabilities |
32
|
66
|
119
|
182
|
277
|
422
|
551
|
|
| Long-Term Debt |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Deferred Income Tax |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other Liabilities |
9
|
8
|
29
|
24
|
21
|
55
|
94
|
|
| Total Liabilities |
41
N/A
|
74
+79%
|
148
+101%
|
205
+38%
|
298
+45%
|
477
+60%
|
645
+35%
|
|
| Equity | ||||||||
| Common Stock |
138
|
183
|
0
|
0
|
0
|
0
|
0
|
|
| Retained Earnings |
95
|
111
|
171
|
230
|
214
|
126
|
288
|
|
| Additional Paid In Capital |
11
|
30
|
684
|
773
|
870
|
950
|
1 059
|
|
| Total Equity |
54
N/A
|
102
+90%
|
513
+403%
|
542
+6%
|
656
+21%
|
825
+26%
|
1 347
+63%
|
|
| Total Liabilities & Equity |
95
N/A
|
176
+85%
|
661
+276%
|
747
+13%
|
954
+28%
|
1 302
+36%
|
1 992
+53%
|
|
| Shares Outstanding | ||||||||
| Common Shares Outstanding |
36
|
36
|
38
|
40
|
43
|
45
|
47
|
|