Duolingo Q3 revenue rises 41% to $271.7 million; raises FY bookings and margin outlook
Duolingo reported third-quarter 2025 results with revenue of $271.7 million, up 41% from a year earlier, and daily active users of 50.5 million, up 36%. The company raised its full-year 2025 bookings guidance slightly at the midpoint and raised its full-year Adjusted EBITDA margin guidance to 29.0% at the midpoint, while net income of $292.2 million included a one-time $222.7 million income-tax benefit.
Key points
- Q3 2025 revenue was $271.7 million, up 41% year over year; total bookings were $281.9 million, up 33%.
- Net income was $292.2 million, including a one-time income-tax benefit of $222.7 million from releasing a valuation allowance.
- Adjusted EBITDA was $80.0 million, a 29.5% margin, compared with $47.5 million and 24.7% a year earlier.
- Full-year 2025 revenue guidance is $1,027.5 million to $1,031.5 million, and bookings guidance is $1,151 million to $1,157 million.
The filing
Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2025.
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