Duolingo, Inc.
DUOLAPI behind this page
DUOL Q1 2026 request
Playground key active
/api/financials?ticker=DUOL&year=2026&quarter=1
Pick an endpoint and run the request.Income Statement
| Metric | Q1 2026 | Q1 2025 | YoY |
|---|---|---|---|
| Revenue | 291,967 | 230,743 | +26.5% |
Show Product Lines breakouts |
|||
| Advertising | 20,614 | 17,882 | +15.3% |
| Duolingo English Test | 11,317 | 11,986 | -5.6% |
| In-App Purchases | 8,446 | 9,442 | -10.5% |
| License And Service | 250,908 | 190,987 | +31.4% |
| Product And Service Other | 682 | 446 | +52.9% |
| Cost of Revenue | 78,871 | 66,647 | +18.3% |
| Gross Profit | 213,096 | 164,096 | +29.9% |
| Research & Development | 82,974 | 70,390 | +17.9% |
| Sales & Marketing | 39,249 | 26,662 | +47.2% |
| General & Administrative | 46,346 | 43,450 | +6.7% |
| Operating Expenses | 168,569 | 140,502 | +20.0% |
| Operating Income | 44,527 | 23,594 | +88.7% |
| Non-Operating Income (Expense) | -786 | 1,001 | -178.5% |
| Income Loss From Continuing Operations Before Interest Income Income Taxes Noncontrolling Interests | 43,741 | 24,595 | +77.8% |
| Interest Income Operating | 11,811 | 10,415 | +13.4% |
| Income Before Taxes | 55,552 | 35,010 | +58.7% |
| Income Tax Expense (Benefit) | 12,092 | -125 | +9773.6% |
| Net Income | 43,460 | 35,135 | +23.7% |
Show Equity Components breakouts |
|||
| Retained Earnings | 43,460 | 35,135 | +23.7% |
Show Statement Class Of Stock breakouts |
|||
| Class A and Class B Common Stock | 43,460 | 35,135 | +23.7% |
| Comprehensive Income | 43,460 | 35,135 | +23.7% |
| EPS (Basic) | 0.93 | 0.78 | +19.2% |
| EPS (Diluted) | 0.89 | 0.72 | +23.6% |
| Wtd Avg Shares (Basic) (Q) | — | — | — |
Show Statement Class Of Stock breakouts |
|||
| Class A and Class B Common Stock | 46,793 | 45,148 | +3.6% |
| Wtd Avg Shares (Diluted) | 48,987 | 48,497 | +1.0% |
Balance Sheet
| Metric | Q1 2026 | Q1 2025 | YoY |
|---|---|---|---|
| Current Assets | |||
| Cash & Cash Equivalents | 1,138,561 | 883,996 | +28.8% |
| Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss Current | 113,049 | 115,284 | -1.9% |
Show Fair Value Hierarchy breakouts |
|||
| Fair Value Inputs Level1 · Short Term Investments | 5,618 | 12,060 | -53.4% |
| Fair Value Inputs Level1 · Short Term Investments | 5,618 | 12,060 | -53.4% |
| Fair Value Inputs Level2 | 107,431 | 103,224 | +4.1% |
| Fair Value Inputs Level2 · Corporate Debt Securities | 97,985 | 85,861 | +14.1% |
| Fair Value Inputs Level2 · US Treasury Securities | 9,446 | — | — |
| Accounts Receivable | 125,086 | 114,183 | +9.5% |
| Capitalized Contract Cost Net Current | 104,513 | 89,564 | +16.7% |
| Income Tax Receivable | 5,092 | — | — |
| Prepaid Expenses & Other Current Assets | 19,658 | 16,630 | +18.2% |
| Total Current Assets | 1,505,959 | 1,219,657 | +23.5% |
| Non-Current Assets | |||
| Operating Lease Right-of-Use Assets | 79,944 | 46,369 | +72.4% |
| Long Term Investments | 140,211 | 83,342 | +68.2% |
| Property, Plant & Equipment | 36,966 | 19,161 | +92.9% |
| Goodwill | 35,335 | — | — |
| Restricted Cash Noncurrent | 2,735 | 2,735 | 0.0% |
| Deferred Tax Assets | 217,837 | 675 | +32172.1% |
| Other Non-Current Assets | 10,680 | 1,797 | +494.3% |
| Total Assets | 2,057,994 | 1,403,146 | +46.7% |
| Other Assets | |||
| Intangible Assets Net Excluding Goodwill | 28,327 | — | — |
| Current Liabilities | |||
| Deferred Revenue (Current) | 513,256 | 415,023 | +23.7% |
| Accounts Payable | 7,486 | 2,546 | +194.0% |
| Accrued Income Taxes Current | 3,814 | 6,381 | -40.2% |
| Accrued Liabilities | 49,558 | 30,535 | +62.3% |
| Total Current Liabilities | 574,114 | 454,485 | +26.3% |
| Non-Current Liabilities | |||
| Operating Lease Liabilities | 91,873 | 54,533 | +68.5% |
| Deferred Tax Liabilities | 243 | 302 | -19.5% |
| Total Liabilities | 666,230 | 509,320 | +30.8% |
| Stockholders' Equity | |||
| Common Stock | 5 | 4 | +25.0% |
| Treasury Stock Common Value | -4,499 | — | — |
| Additional Paid-In Capital | 1,064,580 | 984,534 | +8.1% |
| Retained Earnings | 331,678 | -90,712 | +465.6% |
| Total Stockholders' Equity | 1,391,764 | 893,826 | +55.7% |
Show Equity Components breakouts |
|||
| Additional Paid In Capital | 1,064,580 | 984,534 | +8.1% |
| Common Stock | 5 | 4 | +25.0% |
| Retained Earnings | 331,678 | -90,712 | +465.6% |
| Treasury Stock Common | -4,499 | — | — |
| Total Liabilities & Equity | 2,057,994 | 1,403,146 | +46.7% |
Cash Flow Statement
| Metric | YTD Q1 2026 | YTD Q1 2025 | YoY |
|---|---|---|---|
| Operating Activities | |||
| Deferred Income Taxes And Tax Credits | 9,496 | — | — |
| Stock-Based Compensation | 34,647 | 31,018 | +11.7% |
| Depreciation & Amortization | 4,191 | 3,590 | +16.7% |
| Accretion Amortization Of Discounts And Premiums Investments | -321 | -550 | +41.6% |
| Change in Deferred Revenue | 17,051 | 42,139 | -59.5% |
| Change in Accounts Receivable | 37,741 | 14,740 | +156.0% |
| Increase Decrease In Capitalized Contract Costs Net | -1,850 | -9,402 | +80.3% |
| Change in Prepaid & Other Assets | 5,899 | -1,772 | +432.9% |
| Change in Accounts Payable | -2,405 | -3,843 | +37.4% |
| Increase Decrease In Accrued Liabilities | 5,964 | -6,204 | +196.1% |
| Increase Decrease In Other Noncurrent Assets And Liabilities Net | -3,102 | 780 | -497.7% |
| Net Cash from Operations | 150,771 | 105,631 | +42.7% |
| Investing Activities | |||
| Payments To Acquire Investments | -56,155 | -26,606 | -111.1% |
| Proceeds From Sale Maturity And Collections Of Investments | 42,391 | 18,676 | +127.0% |
| Payments For Software And Purchases Of Intangible Assets | -2,853 | -1,310 | -117.8% |
| Capital Expenditures | -132 | -1,309 | +89.9% |
| Net Cash from Investing | -16,749 | -10,549 | -58.8% |
| Landlord Incentives Incurred But Not Yet Paid | 6,809 | — | — |
| Right Of Use Asset Obtained In Exchange For Operating Lease Liability | 1,918 | — | — |
| Repurchases Of Common Stock Included In Current Liabilities | 1,499 | — | — |
| Financing Activities | |||
| Proceeds From Stock Options Exercised | 1,922 | 3,123 | -38.5% |
| Share Repurchases | -24,331 | — | — |
| Tax Withholding for Share Compensation | -9,441 | — | — |
| Net Cash from Financing | -31,850 | 3,123 | -1119.9% |
| Supplemental | |||
| Income Taxes Paid | 19 | 87 | -78.2% |
| Unpaid Capital Expenditures | 1,893 | 162 | +1068.5% |
| Other Cash Flow | |||
| Net Change in Cash | 102,172 | 98,205 | +4.0% |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | 1,141,296 | 886,731 | +28.7% |
Values in thousands USD. Source: SEC EDGAR 10-Q filing.