Quarterly ResultAug 6, 2026, 06:08 AM
Duolingo Q2 Revenue up 18% to $298.45M; Net Income $33.16M
AI Summary
Duolingo reported Q2 2026 revenue of $298.45 million, an 18.3% increase year-over-year, primarily driven by strong subscription growth. However, net income for the quarter decreased by 26.0% to $33.16 million, resulting in diluted EPS of $0.66, down 27.5% from the prior year. For the first six months of 2026, revenue grew 22.2% to $590.42 million, and net cash provided by operating activities increased by 21.8% to $239.03 million, while the company also repurchased $69.60 million in common stock.
Key Highlights
- Q2 2026 Revenue: $298.45 million, up 18.3% from Q2 2025.
- Q2 2026 Net Income: $33.16 million, down 26.0% from Q2 2025.
- Q2 2026 Diluted EPS: $0.66, down 27.5% from Q2 2025.
- Six-month Revenue: $590.42 million, up 22.2% from H1 2025.
- Six-month Net Cash from Operations: $239.03 million, up 21.8% from H1 2025.
- Subscription Revenue (Q2): $258.04 million, up 22.5% from Q2 2025.
- Common Stock Repurchases (H1): $69.60 million.
Price Impact
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