Cash on Hand for Duolingo (DUOL)
According to Duolingo's latest reported financial statements, the company's latest reported cash and short-term investments is $1.14B USD. Cash on hand here is cash, cash equivalents, and short-term investments reported at the end of each period — the most liquid assets on the balance sheet. Compare with total debt for a net cash/debt picture and with total assets for the share of assets held in cash.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
DUOL
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Latest period
$1.14B
YoY change
+29.9%
5Y CAGR
+56.8%
Peak year (2025)
$1.14B
Latest annual
$1.14B
Cash on Hand history chart for Duolingo (DUOL) from 2019 to 2025
Cash on Hand history table for Duolingo (DUOL) from 2019 to 2025
| Fiscal year | Period ended | Reported | Cash on Hand | YoY |
|---|---|---|---|---|
| 2025 | $1.14B | +29.9% | ||
| 2024 | $877.64M | +17.4% | ||
| 2023 | $747.61M | +22.9% | ||
| 2022 | $608.18M | +9.8% | ||
| 2021 | $553.92M | +359.7% | ||
| 2020 | $120.49M | +101.3% | ||
| 2019 | $59.84M | — |
Cash on Hand values are taken from Duolingo's reported balance sheets (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
In 2025, Duolingo (DUOL) cash and short-term investments totalled $1.14B – grew 29.9% year-over-year.
Duolingo cash and short-term investments has grown for 6 consecutive years, with a +56.8% compound annual growth rate over 2020–2025 (5 years).
$1.14B stands as the all-time-high annual cash and short-term investments, posted in 2025, against a low of $59.84M during 2019.
Within Technology, Duolingo (DUOL) ranks 9th among 8 peers we track. The peer median for cash and short-term investments is $35.44B.
Duolingo Cash on Hand by Year
Duolingo Cash on Hand 2025: $1.14B
Duolingo cash and short-term investments in 2025 was $1.14B, grew 29.9% from 2024. This figure represents the highest annual value in the available history.
Duolingo Cash on Hand 2024: $877.64M
Duolingo cash and short-term investments in 2024 was $877.64M, grew 17.4% from 2023.
Duolingo Cash on Hand 2023: $747.61M
Duolingo cash and short-term investments in 2023 was $747.61M, grew 22.9% from 2022.
Duolingo Cash on Hand 2022: $608.18M
Duolingo cash and short-term investments in 2022 was $608.18M, grew 9.8% from 2021.
Duolingo Cash on Hand 2021: $553.92M
Duolingo cash and short-term investments in 2021 was $553.92M.
See more financial history for Duolingo (DUOL).
Sector peers — Cash on Hand
Companies in the same sector as Duolingo, ranked by their latest cash and short-term investments.
| Company | Cash on Hand | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $3.06T | Technology |
| Microsoft Corporation (MSFT) | $94.56B | Technology |
| NVIDIA Corporation (NVDA) | $62.56B | Technology |
| Apple Inc. (AAPL) | $54.70B | Technology |
| Broadcom Inc. (AVGO) | $16.18B | Technology |
| ASML Holding N.V. (ASML) | $13.32B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $10.55B | Technology |
| Micron Technology, Inc. (MU) | $10.31B | Technology |
Frequently asked questions
What is Duolingo's cash and short-term investments?
- Latest reported cash and short-term investments for Duolingo (DUOL) is $1.14B (period ending December 31, 2025).
How has Duolingo cash and short-term investments changed year-over-year?
- Duolingo (DUOL) cash and short-term investments changed +29.9% year-over-year on the latest annual filing.
What is the long-term growth rate of Duolingo cash and short-term investments?
- Duolingo (DUOL) cash and short-term investments compound annual growth rate is +56.8% over the most recent 5 years available.
When did Duolingo cash and short-term investments hit its highest annual value?
- Duolingo cash and short-term investments reached its highest annual value of $1.14B in 2025.
What was Duolingo cash and short-term investments in 2024?
- Duolingo (DUOL) cash and short-term investments in 2024 was $877.64M.
What was Duolingo cash and short-term investments in 2025?
- Duolingo (DUOL) cash and short-term investments in 2025 was $1.14B.
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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