Duolingo drops after CFO change, preliminary Q4 metrics

Duolingo (DUOL) earlier today announced, along with its chief financial officer transition, a preliminary update on operating metrics for its Q4. The company’s preliminary results show Q4 daily active user growth of 30% year-over-year and bookings at or slightly above the high end of its previously announced guidance range of $329.5M to $335.5M. CEO Luis von Ahn remarked, “As we said in our third quarter 2025 shareholder letter, we’re prioritizing teaching better and user growth, and we executed on that strategy in the fourth quarter. While I’m delighted with our preliminary fourth quarter metrics, we plan to continue to invest meaningfully in the product, even when it involves near-term tradeoffs. We are doing this because our long-term opportunity is to teach billions of people, and while we’ve made incredible progress, we remain early in our journey.” Shares of Duolingo are down 6% to $165.25 in afternoon trading.