Quarterly ResultMay 4, 2026, 04:08 PM
Duolingo Q1 Revenue +27% to $292.0M; DAUs +21%
AI Summary
Duolingo reported strong first-quarter 2026 results, with revenue increasing 27% year-over-year to $292.0 million and total bookings growing 14% to $308.5 million. The company also saw significant user growth, with Daily Active Users up 21% to 56.5 million and paid subscribers increasing 21% to 12.5 million. Duolingo highlighted strategic progress in product development, including enhanced speaking practice features and expanded content creation through AI, and announced a share repurchase of over 500,000 shares. The company provided guidance for Q2 and full-year 2026, expecting continued growth.
Key Highlights
- Q1 2026 Revenue increased 27% YoY to $292.0 million.
- Q1 2026 Total Bookings grew 14% YoY to $308.5 million.
- Daily Active Users (DAUs) rose 21% YoY to 56.5 million.
- Paid Subscribers increased 21% YoY to 12.5 million.
- Net Income for Q1 2026 was $43.5 million, up 24% YoY.
- Adjusted EBITDA grew 33% YoY to $83.4 million, with a 28.6% margin.
- Repurchased approximately 514,000 shares for $50.6 million through May 1, 2026.
- Forecasts FY 2026 revenue of $1,205 million and bookings of $1,280 million.