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Duolingo (DUOL) capital expenditures by quarter

Duolingo's capital expenditures were $11.0M in Q3 2026 (third quarter 2026), +59% from Q2 2026. Over the last 6 quarters it ranged from $1.2M (Q2 2025) to $11.0M (Q3 2026).

Duolingo capital expenditures by quarterDuolingo capital expenditures by quarter$1.3MQ1 2025$1.2MQ2 2025$4.9MQ3 2025$10.7MQ4 2025$6.9MQ2 2026$11.0MQ3 2026
QuarterCapital expendituresQ/QY/Y
Q3 2026$11.0M+59%+126%
Q2 2026$6.9M-36%+476%
Q4 2025$10.7M+121%—
Q3 2025$4.9M+306%—
Q2 2025$1.2M-8%—
Q1 2025$1.3M——

Q3 2026 at a glance

Duolingo, Q3 2026: revenue $309M (+14% year over year), operating margin 7.8%, net earnings $27.2M, operating cash flow $89.4M. The chart follows the revenue to costs, profit and cash.

Questions

What is Duolingo's capital expenditures?

Duolingo's capital expenditures were $11.0M in Q3 2026 (third quarter 2026), +59% from Q2 2026.

How has Duolingo's capital expenditures changed?

Over the last 6 quarters it ranged from $1.2M (Q2 2025) to $11.0M (Q3 2026).

Q3 2026 results → · How Duolingo makes money →