DUOL: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, DUOL has $2,057,994K in assets. $666,230K in debts. $1,138,561K in cash and cash equivalents.

Balance Sheets Overview

Current Ratio
262.31%
Quick Ratio
262.31%
Cash Ratio
198.32%
Debt to Asset Ratio
32.37%
Unit: Thousand (K) dollars
Assets Breakdown
Deferred tax assets, net
Accounts receivable
Short-term investments
Others
Liabilities Breakdown
Additional paid-in capital
Deferred revenues
Retained earnings
Others

Balance Sheets	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Cash and cash equivalents	1,138,561	1,036,389	1,011,542	976,231
Short-term investments	113,049	104,078	109,912	121,652
Accounts receivable	125,086	162,827	124,489	112,919
Deferred cost of revenues	104,513	102,663	94,570	93,794
Income tax receivable	5,092	14,067	9,886	-
Prepaid expenses and other current assets	19,658	16,582	16,706	19,394
Total current assets	1,505,959	1,436,606	1,367,105	1,323,990
Operating lease right-of-use assets	79,944	80,380	79,266	80,987
Long-term investments	140,211	135,098	98,735	75,362
Intangible assets, net	28,327	28,309	27,968	19,924
Property and equipment, net	36,966	36,297	24,626	19,685
Goodwill	35,335	35,335	35,335	10,538
Restricted cash	2,735	2,735	2,735	2,735
Deferred tax assets, net	217,837	227,339	240,172	675
Other assets	10,680	10,083	9,696	8,663
Total assets	2,057,994	1,992,182	1,885,638	1,542,559

Deferred revenues	513,256	496,205	441,728	431,177
Accounts payable	7,486	7,998	3,568	7,729
Income tax payable	3,814	1,257	16	24
Accrued expenses and other current liabilities	49,558	45,688	39,228	32,453
Total current liabilities	574,114	551,148	484,540	471,383
Long-term obligation under operating leases	91,873	93,779	93,257	93,843
Deferred tax liabilities, net	243	249	302	302
Other long-term liabilities	0	-	-	-
Total liabilities	666,230	645,176	578,099	565,528
Class a common stock, 0.0001 par value 2,000,000 shares authorized as of march31, 2026 and december31, 2025 40,534 issued and 40,487 outstanding at march31, 2026 and 40,368 issued and outstanding at december31, 2025, respectively class b common stock, 0.0001 par value 30,000 shares authorized as of march31, 2026 and december31, 2025 6,356 and 6,260 issued and outstanding at march31, 2026 and december31, 2025, respectively	5	5	5	4
Treasury stock, at cost 46 and 0 shares as of march31, 2026 and december31, 2025, respectively	4,499	-	-	-
Additional paid-in capital	1,064,580	1,058,783	1,061,270	1,022,958
Retained earnings	331,678	288,218	246,264	-45,931
Total stockholders equity	1,391,764	1,347,006	1,307,539	977,031
Total liabilities and stockholders' equity	2,057,994	1,992,182	1,885,638	1,542,559

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

MyFinsight

Balance Sheets Overview

Current Ratio
262.31%
Quick Ratio
262.31%
Cash Ratio
198.32%
Debt to Asset Ratio
32.37%
Unit: Thousand (K) dollars
Assets Breakdown
Deferred tax assets, net
Accounts receivable
Short-term investments
Others
Liabilities Breakdown
Additional paid-in capital
Deferred revenues
Retained earnings
Others

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Current Ratio
262.31%
Quick Ratio
262.31%
Cash Ratio
198.32%
Debt to Asset Ratio
32.37%
Unit: Thousand (K) dollars
Assets Breakdown
Deferred tax assets, net
Accounts receivable
Short-term investments
Others
Liabilities Breakdown
Additional paid-in capital
Deferred revenues
Retained earnings
Others

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Current Ratio262.31%Quick Ratio262.31%Cash Ratio198.32%Debt to Asset Ratio32.37%Unit: Thousand (K) dollarsAssets BreakdownDeferred tax assets, netAccounts receivableShort-term investmentsOthersLiabilities BreakdownAdditional paid-in capitalDeferred revenuesRetained earningsOthers

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Current Ratio262.31%Quick Ratio262.31%Cash Ratio198.32%Debt to Asset Ratio32.37%Unit: Thousand (K) dollarsAssets BreakdownDeferred tax assets, netAccounts receivableShort-term investmentsOthersLiabilities BreakdownAdditional paid-in capitalDeferred revenuesRetained earningsOthers

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Current Ratio
262.31%
Quick Ratio
262.31%
Cash Ratio
198.32%
Debt to Asset Ratio
32.37%
Unit: Thousand (K) dollars
Assets Breakdown
Deferred tax assets, net
Accounts receivable
Short-term investments
Others
Liabilities Breakdown
Additional paid-in capital
Deferred revenues
Retained earnings
Others

Current Ratio
262.31%
Quick Ratio
262.31%
Cash Ratio
198.32%
Debt to Asset Ratio
32.37%
Unit: Thousand (K) dollars
Assets Breakdown
Deferred tax assets, net
Accounts receivable
Short-term investments
Others
Liabilities Breakdown
Additional paid-in capital
Deferred revenues
Retained earnings
Others