Duolingo posts revenue beat, EPS miss and raises full‑year outlook after strong Q3 user growth
Duolingo reported third‑quarter 2026 revenue of $309 million, up 13.7% year‑over‑year, while GAAP earnings per share came in at $0.54, missing consensus. Daily active users rose 29% YoY, prompting the company to raise its full‑year revenue guidance to $1.221 billion and to forecast Q4 bookings of $382 million. It also announced the sunset of its Max subscription tier and the expansion of the Video Call feature to all paid subscribers.
Why it matters
The revenue beat and higher full‑year outlook signal that the accelerated user growth could translate into stronger future bookings, according to the company. The EPS miss was attributed to bookkeeping adjustments, which may keep short‑term profitability under pressure.
Key facts
- 1Duolingo reported Q3 2026 revenue of $309 million, up 13.7% YoY. investing.com
- 2GAAP earnings per share for Q3 2026 were $0.54, missing estimates. investing.com
- 3Daily active users grew 29% year‑over‑year in Q3. investing.com
- 4The company guided Q4 2026 bookings to $382 million. investing.com
- 5Full‑year 2026 revenue outlook was raised to $1.221 billion. investing.com
- 6Duolingo is expanding its Video Call feature to all paid subscribers and sunsetting the Max subscription tier. finance.yahoo.com
Summary written by AlphAI AI Desk from 7 of 7 sources. Not investment advice. Figures are as stated by the linked sources.