DUOL
Duolingo, Inc.186.77
+0.80+0.43%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
8.63BP/E (TTM)
23.52Basic EPS (TTM)
7.94Dividend Yield
0%Recent Filings
10-Q
Q2 FY2025 results
Duolingo's Q2 revenue surged 41% year-over-year to $252.3M, driven by 46% growth in subscriptions to $210.7M, while gross margin dipped to 72.4% from 73.4% amid higher generative AI costs. Operating income climbed 78% to $33.4M, with diluted EPS rising to $0.91 from $0.51 on 49,000 weighted shares; YTD figures align consistently at $1.64 EPS. Free cash flow strengthened to $189.3M for the half-year, backed by $976.2M in cash and no debt, though a July acquisition of Music Learning Services for $34.5M (mostly cash) adds music capabilities. Revenue relies heavily on Apple and Google platforms. Competition in online language learning remains fierce.
8-K
Duolingo Q2 revenue soars 41%
Duolingo crushed Q2 2025 expectations with 41% revenue growth to $252.3M and 40% DAU surge to 47.7M, fueled by the new Energy mechanic boosting engagement and conversions while the Chess course hit over a million DAUs. Subscription revenue jumped 46% to $210.7M, driving net income up 84% to $44.8M and Adjusted EBITDA margin to 31.2%. The company raised full-year guidance to 32% bookings growth and 28.75% Adjusted EBITDA margin. Yet competition in online learning looms large.
8-K
Duolingo annual meeting results
Duolingo's stockholders overwhelmingly elected Bing Gordon, John Lilly, and Mario Schlosser as Class I directors at the June 11, 2025 Annual Meeting, with each receiving over 143 million FOR votes amid 97.64% voting power turnout. They ratified Deloitte & Touche LLP as auditors for 2025, securing 159 million FOR votes with minimal opposition. Say-on-pay for executives passed handily too. Board continuity holds firm.
10-Q
Q1 FY2025 results
Duolingo's Q1 FY2025 revenue surged 38% year-over-year to $230.7M, propelled by 45% growth in subscriptions to $191.0M amid 40% more paid subscribers at 10.3M, while other revenue edged up 11% to $39.8M on higher DAUs. Gross margin dipped to 71.1% from 73.0%, pressured by generative AI costs for the Max tier, yet operating income climbed 44% to $23.6M with expenses up 33% overall. Diluted EPS rose to $0.72 from $0.57, backed by 48.5M weighted shares. Cash swelled to $884.0M, bolstered by $105.6M operating cash flow and $103.0M free cash flow, both up over 25% year-over-year. No debt weighs on the balance sheet. Competition in online language learning remains fierce.
8-K
Record DAUs, 38% revenue surge
Duolingo crushed Q1 2025 with record 46.6 million DAUs, up 49% year-over-year, and surpassed 10.3 million paid subscribers, fueling 38% revenue growth to $230.7 million. While AI costs nipped at gross margins, early optimizations and viral campaigns like Dead Duo drove bookings to $271.6 million, with Adjusted EBITDA hitting $62.8 million at 27.2% margin. User growth surges ahead. The company raised full-year bookings guidance to 29% growth, eyeing AI efficiencies for sustained profitability.
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