Duolingo, Inc. (DUOL) Quarterly Cash Flow Statement

120+ quarters historyFree accessUpdated daily

Duolingo, Inc. (DUOL) quarterly cash flow statement — complete operating, investing & financing history

Quarterly statement

DUOL Cash Flow Statement

Duolingo, Inc. (DUOL) cash flow statement — 7-year operating, investing & financing cash flows

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21

Cash from Operations	89.44M	88.26M	150.77M	107.28M	84.24M	90.67M	105.63M	83.34M	56.27M	62.39M	83.51M	49.19M	37.65M	37.17M	29.6M	11.61M	8.76M	12.66M	20.63M	432K
Operating CF Margin %	28.95%	29.57%	51.64%	37.93%	31%	35.94%	45.78%	39.77%	29.22%	34.99%	49.84%	32.58%	27.36%	29.3%	25.6%	11.18%	9.12%	14.33%	25.4%	0.59%
Operating CF Growth %	6.18%	-2.66%	42.73%	28.72%	49.71%	45.34%	26.48%	69.42%	49.45%	67.86%	182.1%	323.79%	329.84%	193.53%	43.52%	2587.04%	94.17%	1513.17%	302.64%	-88.26%
Net Income	27.16M	33.16M	43.46M	41.95M	292.19M	44.78M	35.13M	13.91M	23.36M	24.35M	26.96M	12.12M	2.81M	3.73M	-2.58M	-13.93M	-18.45M	-15.04M	-12.15M	-17.52M
Depreciation & Amortization	4.28M	4.25M	4.19M	3.81M	3.55M	3.44M	3.59M	3.66M	2.88M	2.24M	2.07M	2.04M	1.66M	1.63M	1.76M	1.44M	1.48M	1.17M	774K	757K
Stock-Based Compensation	47.48M	38.21M	34.65M	36.26M	35.56M	34.59M	31.02M	29.79M	28.96M	26.75M	26.11M	25M	25.43M	23.71M	21.07M	20.63M	20.49M	18.11M	14.59M	14.68M
Deferred Taxes	2.43M	11.8M	9.5M	14.3M	-239.49M	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Non-Cash Items	1.22M	257K	-321K	-393K	-441K	-467K	-550K	-301K	-12K	0	-1.13M	16K	417K	0	-100K	0	0	0	0	0
Working Capital Changes	6.87M	591K	59.3M	11.35M	-7.15M	8.33M	36.44M	36.29M	1.08M	9.05M	29.5M	10.02M	7.34M	8.09M	9.45M	3.46M	5.23M	8.42M	17.42M	2.51M
Change in Receivables	-11.08M	-5.89M	54.79M	16.14M	-1.02M	17.42M	56.88M	27.57M	2.66M	10.86M	42.67M	-27.26M	-8.3M	-897K	-5.78M	-16.53M	-1.99M	364K	4.59M	-12.43M
Change in Inventory	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change in Payables	-535K	8.59M	-2.4M	4.43M	-3.41M	4.44M	-3.84M	3.41M	-214K	1.13M	-398K	-142K	344K	1.4M	-345K	-2.79M	2.45M	-514K	-5.8M	-890K
Cash from Investing	-27.51M	8.28M	-16.75M	-43.18M	-51.67M	-2.27M	-10.55M	-110.36M	-93.29M	-8.66M	-5.02M	-4.15M	-4.75M	-3.37M	-1.31M	-4.95M	-3.52M	-3.27M	-2.44M	-1.11M
Capital Expenditures	-10.97M	-6.9M	-2.98M	-13.55M	-6.88M	-4.35M	-2.62M	-2.44M	-5.02M	-8.66M	-5.02M	-924K	-759K	-827K	-681K	-292K	-2.08M	-1.86M	-1.33M	-523K
CapEx % of Revenue	3.55%	2.31%	1.02%	4.79%	2.53%	1.72%	1.14%	1.16%	2.61%	4.85%	3%	0.61%	0.55%	0.65%	0.59%	0.28%	2.16%	2.11%	1.63%	0.72%
Acquisitions	-5.01M	0	0	500K	-33.6M	0	0	0	-6.59M	0	0	0	0	0	0	0	0	0	0	0
Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Investing	-3.13M	-2.73M	0	0	0	0	0	0	0	0	0	-3.22M	-3.99M	-2.54M	-631K	-4.65M	-1.44M	-1.41M	-1.12M	-585K
Cash from Financing	-3.21M	-54.21M	-31.85M	-39.25M	2.75M	3.83M	3.12M	-41.6M	3.19M	4.79M	3.61M	3.56M	-9.82M	3.78M	4.62M	1.55M	3.56M	4.44M	5.23M	5.16M
Debt Issued (Net)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Equity Issued (Net)	-3.21M	-44.86M	-22.41M	2.87M	2.75M	3.83M	3.12M	7.76M	3.19M	4.79M	3.61M	0	0	0	0	0	0	0	0	0
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-6.85M	-45.27M	-24.33M	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Financing	0	-9.36M	-9.44M	-42.12M	0	0	0	-49.36M	0	0	0	3.56M	-9.82M	3.78M	4.62M	1.55M	3.56M	4.44M	5.23M	5.16M
Net Change in Cash	58.72M	42.33M	102.17M	24.85M	35.31M	92.23M	98.2M	-68.62M	-33.83M	58.53M	82.1M	48.61M	23.07M	37.57M	32.91M	8.21M	8.81M	13.83M	23.41M	4.48M
Free Cash Flow	75.34M	78.63M	150.64M	96.55M	79.38M	89.48M	104.32M	81.38M	53.09M	56.83M	82.1M	45.05M	32.9M	33.8M	28.19M	10.71M	5.24M	9.39M	18.18M	-676K
FCF Margin %	24.38%	26.35%	51.59%	34.13%	29.21%	35.47%	45.21%	38.84%	27.57%	31.87%	49%	29.83%	23.9%	26.64%	24.37%	10.32%	5.46%	10.63%	22.39%	-0.93%
FCF Growth %	-5.09%	-12.12%	44.4%	18.64%	49.52%	57.46%	27.07%	80.67%	61.38%	68.14%	191.22%	320.47%	527.45%	259.8%	55.05%	1684.76%	72.07%	441.32%	443.59%	-128.8%
FCF per Share	1.48	1.57	3.08	1.94	1.62	1.83	2.15	1.64	1.11	1.19	1.73	0.92	0.70	0.72	0.69	0.27	0.13	0.24	0.47	-0.02
FCF Conversion (FCF/Net Income)	3.29x	2.66x	3.47x	2.56x	0.29x	2.02x	3.01x	5.99x	2.41x	2.56x	3.10x	4.06x	13.41x	9.98x	-11.47x	-0.83x	-0.47x	-0.84x	-1.70x	-0.02x
Interest Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Taxes Paid	2.78M	749K	0	0	0	0	0	0	0	0	0	125K	256K	1.91M	28K	7K	0	605K	3K	38K