Total Debt
$91.9M
Net Debt
-$1.16B
Duolingo, Inc. currently has $91.9M in total debt. Net debt is -$1.16B after cash offsets. This 'Net Cash' position indicates exceptional financial strength.
Financial Fundamentals
DUOL • Quarterly Data • 5Y View
| Date | Total Debt ($B) | Cash & Inv. ($B) | Net Debt ($B) | Total Assets | Debt/Assets |
|---|---|---|---|---|---|
| 2026-03-31 | 0.09 | 1.25 | -1.16Net Cash | 2.06 | 4.5% |
| 2025-12-31 | 0.09 | 1.14 | -1.05Net Cash | 1.99 | 4.7% |
| 2025-09-30 | 0.10 | 1.12 | -1.02Net Cash | 1.89 | 5.2% |
| 2025-06-30 | 0.10 | 1.10 | -1.00Net Cash | 1.54 | 6.3% |
| 2025-03-31 | 0.05 | 1.00 | -0.94Net Cash | 1.40 | 3.9% |
| 2024-12-31 | 0.06 | 0.88 | -0.82Net Cash | 1.30 | 4.4% |
| 2024-09-30 | 0.06 | 0.88 | -0.82Net Cash | 1.22 | 4.7% |
| 2024-06-30 | 0.06 | 0.89 | -0.83Net Cash | 1.14 | 5.0% |
| 2024-03-31 | 0.06 | 0.83 | -0.77Net Cash | 1.07 | 5.3% |
| 2023-12-31 | 0.03 | 0.75 | -0.72Net Cash | 0.96 | 2.6% |
| 2023-09-30 | 0.03 | 0.70 | -0.68Net Cash | 0.87 | 3.0% |
| 2023-06-30 | 0.03 | 0.68 | -0.65Net Cash | 0.83 | 3.3% |
| 2023-03-31 | 0.03 | 0.64 | -0.61Net Cash | 0.79 | 3.5% |
| 2022-12-31 | 0.03 | 0.61 | -0.58Net Cash | 0.76 | 3.8% |
| 2022-09-30 | 0.03 | 0.60 | -0.57Net Cash | 0.71 | 4.0% |
| 2022-06-30 | 0.03 | 0.59 | -0.56Net Cash | 0.70 | 4.3% |
| 2022-03-31 | 0.03 | 0.58 | -0.55Net Cash | 0.68 | 4.7% |
| 2021-12-31 | 0.03 | 0.55 | -0.52Net Cash | 0.66 | 4.9% |
| 2021-09-30 | 0.01 | 0.55 | -0.54Net Cash | 0.62 | 1.6% |
| 2021-06-30 | 0.01 | 0.11 | -0.11Net Cash | 0.18 | 4.6% |
| 2021-03-31 | 0.01 | 0.12 | -0.11Net Cash | 0.18 | 5.1% |
| 2020-12-31 | 0.01 | 0.12 | -0.11Net Cash | 0.18 | 5.3% |
| 2019-12-31 | 0.01 | 0.06 | -0.05Net Cash | 0.10 | 10.7% |