Quarterly ResultMay 5, 2026, 06:08 AM
Duolingo Q1 Revenue +26.5% to $292M; Diluted EPS $0.89
AI Summary
Duolingo reported strong first-quarter 2026 financial results, with total revenues increasing by 26.5% year-over-year to $291.97 million and diluted earnings per share rising to $0.89. Net income also saw a significant increase of 23.7% to $43.46 million. The company also initiated a share repurchase program, buying back $25.83 million of common stock during the quarter.
Key Highlights
- Total revenues increased 26.5% to $291.97 million for Q1 2026.
- Net income rose 23.7% to $43.46 million in Q1 2026.
- Diluted EPS grew to $0.89 in Q1 2026 from $0.72 in Q1 2025.
- Subscription revenue increased 31.4% to $250.91 million.
- Net cash provided by operating activities was $150.77 million.
- Repurchased $25.83 million of common stock under a new $400 million program.
- Cash and cash equivalents totaled $1.14 billion as of March 31, 2026.
Price Impact
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