Duolingo Q4 revenue rises 35% to $282.9 million; 2026 bookings growth guided to 10%-12%
Duolingo reported fourth-quarter 2025 revenue of $282.9 million, up 35% year over year, and full-year 2025 revenue of $1,037.6 million, up 39%. The company also guided to slower 2026 bookings growth of 10% to 12% and an Adjusted EBITDA margin of about 25%, and authorized a share repurchase program of up to $400 million, which management says reflects a deliberate shift toward user growth.
Key points
- Q4 2025 revenue $282.9 million, up 35%; Q4 net income $42.0 million, versus $13.9 million in Q4 2024
- Full-year 2025 net income $414.1 million, including a one-time income-tax benefit of $256.7 million
- FY 2026 guidance: bookings $1,274 million to $1,298 million (10% to 12% growth); revenue $1,197 million to $1,221 million; Adjusted EBITDA margin about 25%, versus 29.5% in 2025
- Board authorized share repurchases of up to $400 million with no expiration date
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 February 26, 2026.
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