Duolingo, Inc. announced on August 10, 2026, that its Board of Directors increased in size from nine to ten members and appointed Sallie Krawcheck as a Class I director effective immediately. Ms. Krawcheck will serve on the Audit, Risk and Compliance Committee for a term expiring at the 2028 annual meeting. Her compensation includes an annual cash retainer of $45,000, a $10,000 committee retainer, and RSU awards totaling $630,000 in grant-date value subject to standard vesting schedules. Duolingo operates as the world's leading mobile learning platform, providing language education and other educational content through its flagship app.

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.