Duolingo Inc (DUOL) - Total Assets
Based on the latest financial reports, Duolingo Inc (DUOL) holds total assets worth $2.06 Billion USD as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check cash flow reinvestment rate of Duolingo Inc to assess the company's total reinvestment commitment from operating cash flow.
Duolingo Inc - Total Assets Trend (2019–2025)
This chart illustrates how Duolingo Inc's total assets have evolved over time, based on quarterly financial data. Explore DUOL long-term investment intensity to see how much of total assets are deployed in long-term investments.
Duolingo Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
Duolingo Inc's total assets of $2.06 Billion consist of 72.1% current assets and 27.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 52.0% |
| Accounts Receivable | $176.89 Million | 8.9% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $28.31 Million | 1.4% |
| Goodwill | $35.34 Million | 1.8% |
Asset Composition Trend (2019–2025)
This chart illustrates how Duolingo Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see market value of Duolingo Inc.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Duolingo Inc's current assets represent 72.1% of total assets in 2025, a decrease from 83.0% in 2019.
- Cash Position: Cash and equivalents constituted 52.0% of total assets in 2025, down from 63.0% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 1.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 8.9% of total assets.
Duolingo Inc Competitors by Total Assets
Key competitors of Duolingo Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Technology One Ltd
AU:TNE
|
Australia | AU$891.40 Million |
|
TaTaTu SpA
PA:ALTTU
|
France | €87.76 Million |
|
ZINKA LOGISTICS SOL LTD
NSE:BLACKBUCK
|
India | Rs17.36 Billion |
|
Fujian Boss Software Development Co Ltd
SHE:300525
|
China | CN¥4.27 Billion |
|
Fujian Apex Software Co Ltd
SHG:603383
|
China | CN¥1.84 Billion |
|
Beijing Dataway Horizon Co. Ltd
SHE:301169
|
China | CN¥647.55 Million |
|
Linewell Software Co Ltd
SHG:603636
|
China | CN¥5.51 Billion |
|
Shanghai Baosight Software Co Ltd B
SHG:900926
|
China | $22.90 Billion |
Duolingo Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.62 | 2.68 | 1.91 |
| Quick Ratio | 2.62 | 2.68 | 1.91 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $931.85 Million | $765.17 Million | $77.52 Million |
Duolingo Inc - Advanced Valuation Insights
This section examines the relationship between Duolingo Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 4.15 |
| Latest Market Cap to Assets Ratio | 2.54 |
| Asset Growth Rate (YoY) | 53.0% |
| Total Assets | $1.99 Billion |
| Market Capitalization | $5.05 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Duolingo Inc's assets at a significant premium (2.54x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Duolingo Inc's assets grew by 53.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Duolingo Inc (2019–2025)
The table below shows the annual total assets of Duolingo Inc from 2019 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $1.99 Billion | +53.04% |
| 2024-12-31 | $1.30 Billion | +36.46% |
| 2023-12-31 | $953.96 Million | +27.65% |
| 2022-12-31 | $747.35 Million | +13.01% |
| 2021-12-31 | $661.31 Million | +276.30% |
| 2020-12-31 | $175.74 Million | +84.87% |
| 2019-12-31 | $95.06 Million | -- |
About Duolingo Inc
Duolingo, Inc. operates as a mobile learning platform in the United States, the United Kingdom, and internationally. The company offers 250 language courses, including Spanish, English, French, German, Italian, Portuguese, Japanese, and Chinese through its Duolingo app. It also provides a digital English language proficiency assessment exam. The company was incorporated in 2011 and is headquarter… Read more