Duolingo, Inc. (DUOL) /

The cash flow of Duolingo, Inc. over the past 6 years

Chart Duolingo, Inc.: operating cash flow, capital expenditures, free cash flow, fiscal 2020–2025 Open the chart →

In fiscal 2025, the latest fiscal year on file, Duolingo, Inc.'s operating cash flow was $387.82M and its capital expenditures $27.4M, leaving free cash flow of $360.42M. Free cash flow was above zero in all 6 years shown. It ranged from $2.96M in fiscal 2021 to $360.42M in fiscal 2025. Capital expenditures were highest in fiscal 2025, at $27.4M.

Year by year

Fiscal yearOperating cash flowCapital expendituresFree cash flow*
2025ended Dec 31, 2025$387.82M$27.4M*$360.42M
2024ended Dec 31, 2024$285.51M$21.14M*$264.37M
2023ended Dec 31, 2023$153.61M$13.68M*$139.93M
2022ended Dec 31, 2022$53.66M$10.12M*$43.53M
2021ended Dec 31, 2021$9.17M$6.21M*$2.96M
2020ended Dec 31, 2020$17.71M$4.01M*$13.69M

Fiscal years as Duolingo, Inc. reports them. * Calculated by us from the company's filed figures; — no figure on file. From SEC filings, updated nightly. How each line is read.

More on Duolingo, Inc.

Companies of a similar size

Not investment advice. This page shows what Duolingo, Inc. filed with the SEC. Nothing here is a recommendation about any security. Check important figures against the company's own filings.