Duolingo reports strong user growth, raises 2026 revenue outlook
+1 new source since this summary was written
Duolingo reported third-quarter revenue of $309 million and adjusted earnings of 54 cents per share, versus the 57-cent estimate, for the quarter ended Sept. 30. Daily active users increased 29% year over year, while bookings rose 12% to $316.1 million. The company raised its 2026 revenue outlook to $1.221 billion and said it is shifting more attention toward monetization after prioritizing user growth.
Why it matters
The raised revenue outlook and accelerating user base improve the near-term operating outlook, while the earnings miss and slower paid-subscriber growth leave monetization as the next execution test. Management said it expects to focus more on bookings growth while preserving the free-user experience.
Key facts
- 1Third-quarter revenue was $309 million, compared with an analyst consensus of $303.04 million. ibtimes.com.au
- 2Adjusted earnings were 54 cents per share, below the 57-cent estimate. ibtimes.com.au
- 3Daily active users grew 29% year over year, up from 23% in the prior quarter. ibtimes.com.au
- 4Bookings increased 12% to $316.1 million, with subscription bookings up 16%. ibtimes.com.au
- 5Duolingo raised its 2026 revenue outlook to $1.221 billion from about $1.207 billion. ibtimes.com.au
- 6Daily active users reached 64.9M and paid subscribers rose 14% to 13.1M. finance.yahoo.com
Summary written by AlphAI AI Desk from 20 of 25 sources. Not investment advice. Figures are as stated by the linked sources.