Ticker League

Latest period

$1.25B

YoY change

+29.9%

5Y CAGR

+56.8%

Peak year (2025)

$1.14B

Cash on Hand history chart for Duolingo (DUOL) from 2019 to 2025

Latest: $1.14B

Cash on Hand growth chart for Duolingo (DUOL) from 2019 to 2025

Latest: +29.9%

Cash on Hand history table for Duolingo (DUOL) from 2019 to 2025

  • 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 (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 Cash on Hand at Duolingo (DUOL)

According to Duolingo's latest reported financial statements, the company's latest reported cash and short-term investments is $1.25B. 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 net leverage and 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 .

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.

Duolingo Cash on Hand by Year

Duolingo Cash on Hand 2025: $1.14B

2025's cash and short-term investments for Duolingo came in at $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 posted cash and short-term investments of $877.64M in 2024, grew 17.4% from 2023.

Duolingo Cash on Hand 2023: $747.61M

In 2023, Duolingo reported cash and short-term investments of $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 by Cash on Hand

Technology peers of Duolingo (DUOL), ranked by their latest cash and short-term investments

Frequently asked questions