Latest period
$16.92M
YoY change
+49.4%
5Y CAGR
+39.9%
Peak year (2025)
$18.10M
Cumulative CapEx
$49.83M
CapEx history chart for Duolingo (DUOL) from 2019 to 2025
Latest: $18.10M
CapEx growth chart for Duolingo (DUOL) from 2019 to 2025
Latest: +49.4%
CapEx history table for Duolingo (DUOL) from 2019 to 2025
| 2025 | $18.10M | +49.4% | +$5.98M | ||
| 2024 | $12.12M | +279.7% | +$8.93M | ||
| 2023 | $3.19M | -42.6% | −$2.37M | ||
| 2022 | $5.56M | +55.1% | +$1.98M | ||
| 2021 | $3.59M | +6.2% | +$210.00K | ||
| 2020 | $3.38M | -10.5% | −$394.00K | ||
| 2019 | $3.77M | — | — |
- 2025$18.10M+49.4%
- 2024$12.12M+279.7%
- 2023$3.19M-42.6%
- 2022$5.56M+55.1%
- 2021$3.59M+6.2%
- 2020$3.38M-10.5%
- 2019$3.77M—
CapEx values are taken from Duolingo's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About CapEx at Duolingo (DUOL)
According to Duolingo's latest reported financial statements, the company's current CapEx (TTM) is $16.92M. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Duolingo (DUOL) most recent annual CapEx stands at $18.10M (2025) – surged 49.4% year-over-year.
Duolingo CapEx compound annual growth for the 2020–2025 (5 years) window is +39.9%, sustaining 2 straight years of year-over-year growth.
$18.10M stands as the all-time-high annual CapEx, posted in 2025, against a low of $3.19M during 2023.
Duolingo Capital Expenditures by Year
Duolingo Capital Expenditures 2025: $18.10M
2025's CapEx for Duolingo came in at $18.10M, surged 49.4% from 2024. This figure represents the highest annual value in the available history.
Duolingo Capital Expenditures 2024: $12.12M
Duolingo posted CapEx of $12.12M in 2024, surged 279.7% from 2023.
Duolingo Capital Expenditures 2023: $3.19M
In 2023, Duolingo reported CapEx of $3.19M, plunged 42.6% below 2022. This figure represents the lowest annual value in the available history.
Duolingo Capital Expenditures 2022: $5.56M
Duolingo CapEx in 2022 was $5.56M, surged 55.1% from 2021.
Duolingo Capital Expenditures 2021: $3.59M
Duolingo CapEx in 2021 was $3.59M.
See more financial history for Duolingo (DUOL).
Sector peers by CapEx
Technology peers of Duolingo (DUOL), ranked by their latest CapEx
| $64.55B | |
| $41.45B | |
| $15.86B | |
| $12.71B | |
| $6.04B | |
| $1.76B | |
| $974.00M | |
| $623.00M |
- $64.55B
- $41.45B
- $15.86B
- $12.71B
- $6.04B
- $1.76B
- $974.00M
- $623.00M
Frequently asked questions
Duolingo (DUOL) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation