Duolingo Inc (DUOL) — Free Cash Flow Generation Index

Latest as of June 2026: 0.97x

Duolingo Inc (DUOL) has a Free Cash Flow Generation Index of 0.97x as of June 2026. Free cash flow of $232.00 Million represents 1% of operating cash flow ($239.03 Million). Explore capital reinvestment ratio of Duolingo Inc to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

0.97x
Free Cash Flow / Operating CF

Free Cash Flow

$232.00 Million
USD

Operating Cash Flow

$239.03 Million
USD

Capital Expenditures

$7.03 Million
USD

Duolingo Inc Free Cash Flow Generation Index (2019–2025)

Historical FCF Generation Index trend for Duolingo Inc across 7 annual periods. For the full cash flow conversion analysis, see Duolingo Inc cash flow conversion.

Annual Free Cash Flow Generation for Duolingo Inc (2019–2025)

Year-by-year Free Cash Flow Generation Index for Duolingo Inc. Check cash flow reinvestment rate of Duolingo Inc to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.95x $369.73 Million $387.82 Million $18.10 Million ▼ -0.4%
2024 0.96x $273.40 Million $285.51 Million $12.12 Million ▼ -2.2%
2023 0.98x $150.42 Million $153.61 Million $3.19 Million ▲ +9.2%
2022 0.90x $48.09 Million $53.66 Million $5.56 Million ▲ +47.2%
2021 0.61x $5.58 Million $9.17 Million $3.59 Million ▼ -24.8%
2020 0.81x $14.33 Million $17.71 Million $3.38 Million ▲ +207.6%
2019 -0.75x $-1.62 Million $2.15 Million $3.77 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).