Duolingo (DUOL) - Net Assets

Net assets on the balance sheet as of September 2025 : NZ$2.23 Billion

According to Duolingo's latest financial reports the company has NZ$2.23 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Duolingo - Net assets on balance sheet (from 2020 to 2025)

Net assets by year

Year	Net assets	Change
2024-12-31	$NZ$1.46 B	41.05%
2023-12-31	$NZ$1.03 B	21.4%
2022-12-31	$NZ$0.85 B	13.67%
2021-12-31	$NZ$0.75 B	-771.67%
2020-12-31	$-NZ$0.12 Billion	-10.31%
2019-12-31	$-NZ$0.13 Billion

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Duolingo (DUOL) - Net assets