Earnings ·
Duolingo, Inc. reported financial results for the second quarter ended June 30, 2026
DUOLDuolingo, Inc.
Duolingo, Inc. reported financial results for the second quarter ended June 30, 2026. Revenue increased 18% year-over-year to $298.5 million, while total bookings rose 8% to $289.1 million. Daily Active Users grew 23% to 58.7 million, and paid subscribers reached 12.7 million. Net income declined 26% to $33.2 million, resulting in an Adjusted EBITDA margin of 25.9%. The company reaffirmed full-year revenue growth guidance of 15-18% and raised its full-year Adjusted EBITDA margin outlook to approximately 26.5%, while providing Q3 2026 revenue guidance of $302 million. Duolingo operates in the digital education industry, offering a mobile learning platform for language acquisition and other subjects.