Net Assets for Duolingo (DUOL)
According to Duolingo's latest reported financial statements, the company's latest reported net assets is $1.35B USD. Net assets — also called stockholders' equity — equal total assets minus total liabilities. They represent the residual claim of shareholders on the company's assets and roughly track book value over time.
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
$1.35B
YoY change
+63.4%
5Y CAGR
N/A
Peak year (2025)
$1.35B
Latest annual
$1.35B
Net Assets history chart for Duolingo (DUOL) from 2019 to 2025
Net Assets history table for Duolingo (DUOL) from 2019 to 2025
| Fiscal year | Period ended | Reported | Net Assets | YoY |
|---|---|---|---|---|
| 2025 | $1.35B | +63.4% | ||
| 2024 | $824.55M | +25.8% | ||
| 2023 | $655.50M | +20.9% | ||
| 2022 | $542.08M | +5.7% | ||
| 2021 | $513.06M | -735.8% | ||
| 2020 | -$80.69M | -3.9% | ||
| 2019 | -$83.98M | — |
Net Assets 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
As of the 2025 fiscal year, Duolingo (DUOL) reported net assets of $1.35B – surged 63.4% year-over-year.
The highest annual net assets of $1.35B was reported in 2025. The lowest in the available history was -$83.98M in 2019.
Duolingo (DUOL) sits 9th of 8 Technology peers we track on this metric, against a peer median of $77.51B.
Duolingo Net Assets by Year
Duolingo Net Assets 2025: $1.35B
Duolingo net assets in 2025 was $1.35B, surged 63.4% from 2024. This figure represents the highest annual value in the available history.
Duolingo Net Assets 2024: $824.55M
Duolingo net assets in 2024 was $824.55M, grew 25.8% from 2023.
Duolingo Net Assets 2023: $655.50M
Duolingo net assets in 2023 was $655.50M, grew 20.9% from 2022.
Duolingo Net Assets 2022: $542.08M
Duolingo net assets in 2022 was $542.08M, grew 5.7% from 2021.
Duolingo Net Assets 2021: $513.06M
Duolingo net assets in 2021 was $513.06M.
See more financial history for Duolingo (DUOL).
Sector peers — Net Assets
Companies in the same sector as Duolingo, ranked by their latest net assets.
| Company | Net Assets | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $5.40T | Technology |
| Microsoft Corporation (MSFT) | $343.48B | Technology |
| NVIDIA Corporation (NVDA) | $157.29B | Technology |
| Broadcom Inc. (AVGO) | $81.29B | Technology |
| Apple Inc. (AAPL) | $73.73B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $63.00B | Technology |
| Micron Technology, Inc. (MU) | $54.16B | Technology |
| ASML Holding N.V. (ASML) | $19.60B | Technology |
Frequently asked questions
What is Duolingo's net assets?
- Latest reported net assets for Duolingo (DUOL) is $1.35B (period ending December 31, 2025).
How has Duolingo net assets changed year-over-year?
- Duolingo (DUOL) net assets changed +63.4% year-over-year on the latest annual filing.
When did Duolingo net assets hit its highest annual value?
- Duolingo net assets reached its highest annual value of $1.35B in 2025.
What was Duolingo net assets in 2024?
- Duolingo (DUOL) net assets in 2024 was $824.55M.
What was Duolingo net assets in 2025?
- Duolingo (DUOL) net assets in 2025 was $1.35B.
Metrics overview
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