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Duolingo's other current assets for the quarter that ended in Mar. 2025 was $106.2 Mil.
Duolingo's quarterly other current assets increased from Sep. 2024 ($83.5 Mil) to Dec. 2024 ($95.0 Mil) and increased from Dec. 2024 ($95.0 Mil) to Mar. 2025 ($106.2Mil).
Duolingo's annual other current assets increased from Dec. 2022 ($42.3 Mil) to Dec. 2023 ($61.2 Mil) increased from Dec. 2023 ($61.2 Mil) to Dec. 2024 ($95.0 Mil).
The historical data trend for Duolingo's Other Current Assets can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Duolingo Annual Data | |||||||||||||||
Trend | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||
Other Current Assets | Get a 7-Day Free Trial | 17.44 | 32.19 | 42.28 | 61.21 | 95.02 |
Duolingo Quarterly Data | ||||||||||||||||||||
Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | Mar25 | |
Other Current Assets | Get a 7-Day Free Trial |
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71.14 | 75.60 | 83.46 | 95.02 | 106.19 |
Technically, the other current assets line may include any asset that will be used up within the next 12 months. However, other current assets never include assets that are listed elsewhere in the current assets section of the balance sheet. For this reason, other current assets are almost never:
The assets grouped under other current assets are most commonly:
Some companies can and do choose to report each of these items separately.
Other current assets may be made up largely of Prepaid Expenses - unless these are listed on a separate line of the balance sheet.
Prepaid expenses are exactly what they sound like. If a company pays a $30 million insurance premium on the last day of June that will provide coverage for the entire month of July, the company will record a $30 million prepaid expense to account for the insurance expense it will show in July that it already paid for in June.
Tax assets can be quite complex. It is not common for companies to have both tax assets and tax liabilities. It is important that investors take note of both items when considering future taxes.
Non-Trade receivables are rarely a large item. They include money owed to the company by non-customers. Non-trade receivables can be caused by related party transactions, the sale of a business unit, etc. The notes to the company's financial statements will often provide much more detail on this item if it is truly important.
There are a variety of other current assets like non-trade receivables which are simply too numerous to list. If a company is following correct reporting procedures, it should not lump items that are different from one another and yet individually important to the company together under the line Other Current Assets.
At most companies, other current assets are a small and unimportant part of the total balance sheet.
Thank you for viewing the detailed overview of Duolingo's Other Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Ahn Luis Von | director, 10 percent owner, officer: President & CEO, Co-Founder | C/O ROOT, INC., 80 E. RICH STREET, SUITE 500, COLUMBUS OH 43215 |
Severin Hacker | director, 10 percent owner, officer: Chief Technology Officer,, other: Co-Founder | C/O DUOLINGO, INC., 5900 PENN AVE., PITTSBURGH PA 15206 |
Natalie Glance | officer: SVP, Engineering | C/O DUOLINGO, INC., 5900 PENN AVE., PITTSBURGH PA 15206 |
Robert Meese | officer: Chief Business Officer | C/O DUOLINGO, INC., 5900 PENN AVE., PITTSBURGH PA 15206 |
Gillian Munson | director | C/O XO GROUP INC., 195 BROADWAY, 25TH FLOOR, NEW YORK NY 10007 |
James H Shelton | director | 469 FLORIDA AVENUE NW, WASHINGTON DC 20001 |
Matthew Skaruppa | officer: Chief Financial Officer | C/O DUOLINGO, INC., 5900 PENN AVE., PITTSBURGH PA 15206 |
Stephen C. Chen | officer: General Counsel | C/O DUOLINGO, INC., 5900 PENN AVE., PITTSBURGH PA 15206 |
Sara Clemens | director | C/O PANDORA MEDIA, INC., 2101 WEBSTER STREET, #1650, OAKLAND CA 94612 |
Amy Bohutinsky | director | C/O ZILLOW GROUP, INC., 1301 SECOND AVENUE, FLOOR 31, SEATTLE WA 98101 |
Durable Capital Partners Lp | 10 percent owner | 4747 BETHESDA AVENUE, SUITE #1002, BETHESDA MD 20814 |
Newview Capital Fund I, L.p. | 10 percent owner | 1290 HOWARD AVE, SUITE 319, BURLINGAME CA 94010 |
Ravi Viswanathan | 10 percent owner | 1954 GREENSPRING DRIVE, SUITE 600, TIMONIUM MD 21093 |
Newview Capital Partners I, Llc | 10 percent owner | 1201 HOWARD AVENUE, SUITE 101, BURLINGAME CA 94010 |
Kpcb Digital Growth Founders Fund, Llc | 10 percent owner | 2750 SAND HILL ROAD, MENLO PARK CA 94025 |
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