Duolingo Q1 revenue rises 27% to $292.0 million; net income $43.5 million
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.
Key points
- 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
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 May 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.