Capital Expenditures for Duolingo (DUOL)
According to Duolingo's latest reported financial statements, the company's current capital expenditures (TTM) is $11.19M USD. 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 .
DUOL
Currently viewingCapital ExpendituresSwitch metric
Latest period
$11.19M
YoY change
+49.4%
5Y CAGR
+35.1%
Peak year (2025)
$18.10M
Cumulative capital expenditures
$69.49M
CapEx history chart for Duolingo (DUOL) from 2019 to 2025
CapEx history table for Duolingo (DUOL) from 2019 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $18.10M | +49.4% | ||
| 2024 | $12.12M | -11.5% | ||
| 2023 | $13.68M | +35.2% | ||
| 2022 | $10.12M | +63.1% | ||
| 2021 | $6.21M | +54.6% | ||
| 2020 | $4.01M | -23.5% | ||
| 2019 | $5.25M | — |
CapEx values are taken from Duolingo's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
Duolingo (DUOL) most recent annual capital expenditures stands at $18.10M (2025) – surged 49.4% year-over-year.
Duolingo capital expenditures compound annual growth for the 2020–2025 (5 years) window is +35.1%, with the latest reading among the more recent periods of the dataset.
$18.10M stands as the all-time-high annual capital expenditures, posted in 2025, against a low of $4.01M during 2020.
Duolingo (DUOL) sits 9th of 8 Technology peers we track on this metric, against a peer median of $9.38B.
Duolingo Capital Expenditures by Year
Duolingo Capital Expenditures 2025: $18.10M
Duolingo capital expenditures in 2025 was $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 capital expenditures in 2024 was $12.12M, declined 11.5% below 2023.
Duolingo Capital Expenditures 2023: $13.68M
Duolingo capital expenditures in 2023 was $13.68M, surged 35.2% from 2022.
Duolingo Capital Expenditures 2022: $10.12M
Duolingo capital expenditures in 2022 was $10.12M, surged 63.1% from 2021.
Duolingo Capital Expenditures 2021: $6.21M
Duolingo capital expenditures in 2021 was $6.21M.
See more financial history for Duolingo (DUOL).
Sector peers — CapEx
Companies in the same sector as Duolingo, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $1.29T | Technology |
| Microsoft Corporation (MSFT) | $64.55B | Technology |
| Micron Technology, Inc. (MU) | $15.86B | Technology |
| Apple Inc. (AAPL) | $12.71B | Technology |
| NVIDIA Corporation (NVDA) | $6.04B | Technology |
| ASML Holding N.V. (ASML) | $1.51B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $974.00M | Technology |
| Broadcom Inc. (AVGO) | $623.00M | Technology |
Frequently asked questions
What is Duolingo's capital expenditures?
- Latest reported capital expenditures for Duolingo (DUOL) is $11.19M (period ending December 31, 2025).
How has Duolingo capital expenditures changed year-over-year?
- Duolingo (DUOL) capital expenditures changed +49.4% year-over-year on the latest annual filing.
What is the long-term growth rate of Duolingo capital expenditures?
- Duolingo (DUOL) capital expenditures compound annual growth rate is +35.1% over the most recent 5 years available.
When did Duolingo capital expenditures hit its highest annual value?
- Duolingo capital expenditures reached its highest annual value of $18.10M in 2025.
What was Duolingo capital expenditures in 2024?
- Duolingo (DUOL) capital expenditures in 2024 was $12.12M.
What was Duolingo capital expenditures in 2025?
- Duolingo (DUOL) capital expenditures in 2025 was $18.10M.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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