Nov 3, 4:06 PM ET
Duolingo reported third-quarter 2026 revenue of $309.0 million, up 14% from a year earlier, and bookings of $316.1 million, up 12%. The company raised its full-year 2026 guidance across all key financial metrics, including bookings of $1.3 billion and revenue of $1.2 billion. Net income fell to $27.2 million from $292.2 million a year earlier, a period that included a $222.7 million one-time tax benefit.
- Q3 2026 daily active users reached 64.9 million, up 29% year over year.
- Full-year 2026 guidance: bookings of $1,296 million, revenue of $1,221 million, and Adjusted EBITDA of $323 million, up $3 million from prior guidance.
- Q3 2026 net income was $27.2 million versus $292.2 million in Q3 2025, which included a $222.7 million tax benefit.
- Q3 2026 Adjusted EBITDA was $78.7 million, down from $80.0 million a year earlier; Q4 2026 bookings are guided to $382 million.
Read the filing on SEC.gov ↗
Aug 10, 9:02 AM ET
On August 10, 2026, Duolingo increased its board from nine to ten directors and appointed Sallie Krawcheck, former Citigroup CFO and Ellevest founder, as a Class I director and Audit Committee member, effective immediately. The filing discloses her director pay, including cash retainers and restricted stock unit awards, but reports no change to financial results or guidance.
- Board expanded from nine to ten directors; Krawcheck's term expires at the 2028 annual meeting
- Annual cash retainers of $45,000 for Board service and $10,000 for Audit Committee service
- Initial RSU award valued at $450,000, plus a prorated $180,000 RSU award and an annual $215,000 RSU award
- Press release describes Krawcheck as having led Ellevest to $2.4 billion in assets under management
Read the filing on SEC.gov ↗
Aug 5, 4:04 PM ET
Duolingo reported second quarter 2026 results, with revenue up 18% to $298.5 million and total bookings up 8% to $289.1 million, while net income fell 26% to $33.2 million. The company raised its full-year 2026 Adjusted EBITDA outlook to approximately $320.0 million, a 26.5% margin, and reaffirmed its full-year revenue growth target of 15-18%. Shareholders get rising sales and a higher profit outlook, offset by lower net income and Adjusted EBITDA in the quarter.
- Q2 2026 revenue was $298.5 million, up 18% year over year; total bookings were $289.1 million, up 8%.
- Q2 net income was $33.2 million, down 26% from $44.8 million; Adjusted EBITDA was $77.3 million, down 2%.
- Full-year 2026 Adjusted EBITDA outlook raised to approximately $320.0 million, or a 26.5% margin; full-year revenue growth target of 15-18% reaffirmed.
- Daily active users reached 58.7 million, up 23%; paid subscribers reached 12.7 million, up 17%.
Read the filing on SEC.gov ↗
May 4, 4:04 PM ET
Duolingo reported first-quarter 2026 results for the three months ended March 31, 2026, with revenue up 27% year over year and net income of $43.5 million, compared with $35.1 million a year earlier. The company reiterated its 2026 targets and gave full-year guidance of $1,205 million in revenue and $1,280 million in bookings, which matters to shareholders because it sets the outlook the company expects to meet.
- Q1 2026 revenue was $292.0 million, up 27% year over year; total bookings were $308.5 million, up 14%
- Q1 2026 net income was $43.5 million, versus $35.1 million in Q1 2025; adjusted EBITDA was $83.4 million, a 28.6% margin
- FY 2026 guidance: revenue of $1,205 million (16.1% growth), bookings of $1,280 million (10.5% growth), and adjusted EBITDA of $310 million
- Q2 2026 guidance: revenue of $295.5 million and bookings of $283.5 million, with bookings growth of 5.8% year over year
Read the filing on SEC.gov ↗
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