# Duolingo, Inc. (DUOL)

> Technology · US · Reports in USD

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/DUOL/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2026 | $ 590.42M | $ 76.62M | $ 229.27M | $ 86.14M | $ 1.41B |
| 2025 | $ 1.06B | $ 423.97M | $ 378.57M | $ 93.78M | $ 1.35B |
| 2024 | $ 786.23M | $ 93.10M | $ 287.36M | $ 57.24M | $ 824.55M |
| 2023 | $ 574.26M | $ 17.37M | $ 162.65M | $ 25.04M | $ 655.50M |
| 2022 | $ 412.77M | $ -66.55M | $ 53.73M | $ 28.41M | $ 542.08M |
| 2021 | $ 298.08M | $ -71.48M | $ 6.64M | $ 32.46M | $ 513.06M |
| 2020 | $ 205.99M | $ -20.13M | $ 17.60M | $ 9.24M | $ 101.92M |
| 2019 | $ 91.33M | $ -17.49M | N/A | $ 10.22M | $ 53.71M |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 0.06 |
| Liabilities / Eq | 0.47 |
| Current Ratio | 2.72 |

## Debt coverage

| Indicator | Value |
| --- | --- |
| Gross Debt / Earnings | 1.36 |
| Gross Debt / FCF | 0.46 |

## Other views

- [Metrics](https://sponda.capital/en/DUOL.md)
- [Charts](https://sponda.capital/en/DUOL/charts.md)
- [Compare](https://sponda.capital/en/DUOL/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-29.