DUOL Stock Cash Flow Statements $250.23 (+3.20%) At 2024-09-17 20:00:00 EST
Duolingo Cash Flow Statements
Duolingo Cash Flow Statements Table
Quarterly Cash Flow Statements
Quarterly
|
Annual
| Unit: USD | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| cash flows from operating activities: | ||||||||||||
| net income | 24,351,000 | 26,956,000 | 12,117,000 | 2,807,000 | 3,725,000 | -2,582,000 | -13,930,000 | -18,445,000 | -15,045,000 | -12,154,000 | -17,517,000 | -28,970,000 |
| adjustments to reconcile net income to net cash from operating activities: | ||||||||||||
| depreciation and amortization | 2,243,000 | 2,074,000 | 2,042,000 | 1,657,000 | 1,634,000 | 1,762,000 | 1,444,000 | 1,482,000 | 1,170,000 | 774,000 | 757,000 | 733,000 |
| stock-based compensation expense | 26,746,000 | 24,985,000 | 25,002,000 | 25,432,000 | ||||||||
| gain on sale of capitalized software | 0 | 0 | 0 | -100,000 | ||||||||
| changes in assets and liabilities: | ||||||||||||
| deferred revenue | 12,164,000 | 30,121,000 | 40,304,000 | 16,135,000 | 10,811,000 | 24,392,000 | 22,606,000 | 6,750,000 | 9,093,000 | 20,834,000 | 17,807,000 | 9,463,000 |
| accounts receivable | -1,301,000 | 12,554,000 | -27,264,000 | -8,305,000 | -897,000 | -5,781,000 | -16,531,000 | -1,988,000 | 364,000 | 4,590,000 | -12,426,000 | 4,392,000 |
| deferred cost of revenues | -2,888,000 | -6,466,000 | -7,807,000 | -3,404,000 | -2,583,000 | -5,096,000 | -4,783,000 | -1,040,000 | -1,438,000 | -3,561,000 | -4,493,000 | |
| prepaid expenses and other current assets | -1,570,000 | -3,465,000 | 2,251,000 | 617,000 | -2,653,000 | -263,000 | 739,000 | -1,416,000 | -804,000 | 66,000 | -1,489,000 | -3,406,000 |
| accounts payable | 1,134,000 | -398,000 | -142,000 | 344,000 | 1,404,000 | -345,000 | -2,791,000 | 2,450,000 | -514,000 | -5,800,000 | -890,000 | 4,442,000 |
| accrued expenses and other current liabilities | 315,000 | -4,514,000 | 3,259,000 | 1,221,000 | 2,165,000 | -3,201,000 | 4,451,000 | 764,000 | 2,240,000 | 1,265,000 | 3,299,000 | 700,000 |
| noncurrent assets and liabilities | 1,194,000 | 1,667,000 | -585,000 | 729,000 | -153,000 | -255,000 | -229,000 | -286,000 | -518,000 | 27,000 | 700,000 | -947,000 |
| net cash from operating activities | 62,388,000 | 83,514,000 | 49,193,000 | 37,650,000 | 37,167,000 | 29,604,000 | 11,608,000 | 8,759,000 | 12,662,000 | 20,627,000 | 432,000 | 4,511,000 |
| cash flows from investing activities: | ||||||||||||
| capitalized software expense and purchases of intangible assets | -3,093,000 | -3,607,000 | -3,224,000 | -3,994,000 | -2,544,000 | -731,000 | ||||||
| purchase of property and equipment | -5,563,000 | -1,414,000 | -924,000 | -759,000 | -827,000 | -681,000 | -292,000 | -2,079,000 | -1,864,000 | -1,327,000 | -523,000 | -1,085,000 |
| proceeds from sale of capitalized software | 0 | 0 | 0 | 100,000 | ||||||||
| net cash from investing activities | -8,656,000 | -5,021,000 | -4,148,000 | -4,753,000 | -3,371,000 | -1,312,000 | -4,945,000 | -3,516,000 | -3,269,000 | -2,444,000 | -1,108,000 | -1,464,000 |
| cash flows from financing activities: | ||||||||||||
| proceeds from exercise of stock options | 4,795,000 | 3,610,000 | 3,563,000 | 1,657,000 | 3,778,000 | 4,619,000 | 1,550,000 | 3,564,000 | 4,436,000 | 5,226,000 | 5,158,000 | 4,015,000 |
| net cash from financing activities | 4,795,000 | 3,610,000 | 3,563,000 | -9,825,000 | 3,778,000 | 4,619,000 | 1,550,000 | 3,564,000 | 4,436,000 | 5,226,000 | 5,158,000 | 431,757,000 |
| net increase in cash, cash equivalents and restricted cash | 58,527,000 | 82,103,000 | ||||||||||
| cash, cash equivalents and restricted cash - beginning of period | 0 | 750,345,000 | ||||||||||
| cash, cash equivalents and restricted cash - end of period | 58,527,000 | 832,448,000 | ||||||||||
| loss on disposal of leasehold improvements | 16,000 | |||||||||||
| acquisition, net of 0 cash acquired | ||||||||||||
| issuance of common stock in connection with the initial public offering, net of underwriting discounts and issuance costs | 0 | |||||||||||
| net proceeds from issuance of convertible preferred stock | ||||||||||||
| repurchases of stock options | 0 | 0 | ||||||||||
| repurchase of common stock | 0 | 0 | ||||||||||
| taxes paid related to net-share settlement of share-based compensation awards | ||||||||||||
| taxes paid related to net-share settlements of share-based compensation awards | ||||||||||||
| net increase in cash and cash equivalents | 23,072,000 | 37,574,000 | 32,911,000 | 8,213,000 | 8,807,000 | 13,829,000 | 23,409,000 | 4,482,000 | 434,804,000 | |||
| cash and cash equivalents - beginning of period | 0 | 0 | 608,180,000 | 0 | 0 | 0 | 553,922,000 | 0 | 0 | |||
| cash and cash equivalents - end of period | 23,072,000 | 37,574,000 | 641,091,000 | 8,213,000 | 8,807,000 | 13,829,000 | 577,331,000 | 4,482,000 | 434,804,000 | |||
| stock-based compensation | 21,073,000 | 20,632,000 | 20,488,000 | 18,114,000 | 14,586,000 | 14,684,000 | 20,662,000 | |||||
| capitalized software | -1,437,000 | -1,405,000 | -1,117,000 | -585,000 | -379,000 | |||||||
| supplemental disclosure of cash flow information: | ||||||||||||
| cash paid for interest | ||||||||||||
| cash paid for income taxes | 0 | 605,000 | 3,000 | 38,000 | 36,000 | |||||||
| supplemental disclosure of noncash operating activities: | ||||||||||||
| implementation costs for cloud computing included in current liabilities | -146,000 | 153,000 | ||||||||||
| supplemental disclosure of noncash investing activities: | ||||||||||||
| capitalized software included in current liabilities | -4,000 | -2,000 | 14,000 | |||||||||
| property and equipment included in current liabilities | -1,013,000 | 880,000 | 178,000 | |||||||||
| landlord incentives included in prepaid expenses and other current assets | 0 | 1,046,000 | 1,102,000 | |||||||||
| payments of deferred offering costs | ||||||||||||
| supplemental disclosure of noncash financing activities: | ||||||||||||
| deferred offering costs included in accrued expenses | ||||||||||||
| changes in assets and liabilities | ||||||||||||
| implementation costs for cloud computing included in accrued expenses | ||||||||||||
| capitalized software included in accrued expenses | 262,000 | |||||||||||
| property and equipment included in accrued expenses | -224,000 | |||||||||||
| deferred cost of revenue |
We provide you with 20 years of cash flow statements for Duolingo stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as operating cash flows, cash levels, capital expenditures, profits, stock-based compensations and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Duolingo stock. Explore the full financial landscape of Duolingo stock with our expertly curated income statements.
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