Duolingo, Inc. (DUOL) FY2026 Q2 Balance Sheet

Duolingo, Inc. (DUOL) FY2026 Q2 Balance Sheet

Balance sheet as of 2026-06-30. The chart shows assets, liabilities and equity at that date.

Assets

2,073,953,000 US dollars

Current assets

1,571,114,000 US dollars

Non-current assets

502,839,000 US dollars

Liabilities

664,211,000 US dollars

Current liabilities

577,833,000 US dollars

Non-current liabilities

86,378,000 US dollars

Equity

1,409,742,000 US dollars

Cash and cash equivalents

1,180,887,000 US dollars

Short-term investments

132,979,000 US dollars

Accounts receivable

130,979,000 US dollars

Deferred cost of revenues

102,689,000 US dollars

Prepaid expenses and other current assets

20,873,000 US dollars

Income tax receivable

2,707,000 US dollars

Deferred tax assets, net

206,039,000 US dollars

Long-term investments

102,693,000 US dollars

Operating lease right-of-use assets

74,830,000 US dollars

Property and equipment, net

42,619,000 US dollars

Goodwill

35,335,000 US dollars

Intangible assets, net

27,598,000 US dollars

Other assets

10,990,000 US dollars

Restricted cash

2,735,000 US dollars

Deferred revenues

505,102,000 US dollars

Accrued expenses and other current liabilities

55,429,000 US dollars

Accounts payable

16,196,000 US dollars

Income tax payable

1,106,000 US dollars

Long-term obligation under operating leases

86,136,000 US dollars

Deferred tax liabilities, net

242,000 US dollars

Additional paid-in capital

1,046,326,000 US dollars

Retained earnings

364,836,000 US dollars

Class A common stock, $0.0001 par value; 2,000,000 shares authorized as of June 30, 2026 and December 31, 2025; 40,337 issued and 40,325 outstanding at June 30, 2026 and 40,368 issued and outstanding at December 31, 2025, respectively Class B common stock, $0.0001 par value; 30,000 shares authorized as of June 30, 2026 and December 31, 2025; 6,399 and 6,260 issued and outstanding at June 30, 2026 and December 31, 2025, respectively

5,000 US dollars

Treasury stock, at cost; 12 and 0 shares as of June 30, 2026 and December 31, 2025, respectively.

negative 1,425,000 US dollars

Gross equity (calculated)

1,411,167,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

Chart connections

• Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
• Treasury shares and other negative equity contributions reduce equity.