Duolingo Inc (DUOL) Balance Sheet

A balance sheet shows what a company owns and owes, and shareholders' equity, at a single point in time.

Duolingo, Inc. operates as a mobile learning platform in the United States, the United Kingdom, and internationally. The company offers 250 language courses, including Spanish, English, French, German, Italian, Portuguese, Japanese, and Chinese through its Duolingo app.

Total Assets Chart for Duolingo Inc

Duolingo Inc (DUOL) total assets for FY2025 were USD 2.0B, a 53.0% change from FY2024. Duolingo Inc's total assets grew from USD 95.1M in 2019 to USD 2.0B in 2025 (1995.7% over 6 years). Total assets compound annual growth rate: 5-year CAGR of 62.5%.

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Total Assets (US Dollars)

R&D as % of Revenue

Key Stats

Market Cap
$6.90B
Implied Share Price
$171.53
Enterprise Value
$5.60B
Revenue (TTM)
$1.15B
EBITDA
$179.03M
Profit Margin
35.88%
Trailing P/E
17.59
Forward P/E
18.98
Price/Book (MRQ)
4.84
Price/Sales (TTM)
6.03
EV/EBITDA
32.40
EV/Revenue
4.89
Dividend Yield
—
Book Value
$30.17
Free Cash Flow (FY2025)
$369.73M
Free Cash Flow Yield
5.36%

Snapshot as of 7th October 2026 — not point-in-time controlled, may lag the live market by a few days.