Duolingo's earnings call reflected a positive outlook with record profitability and strong user growth, despite facing some challenges related to social media backlash and slower-than-expected growth in certain areas.

Company Guidance -

Q3 2025

In Duolingo's Second Quarter 2025 Earnings Call, the company reported impressive financial performance and growth metrics. They achieved 40% year-over-year DAU growth, a slight moderation from previous quarters but still robust compared to past trends. The company raised its full-year guidance due to record profitability and strong growth across all subscription tiers, including a noted 8% of subscribers now opting for the Max plan. The Chinese market was highlighted as the fastest-growing region, buoyed by a successful partnership with Luckin Coffee, despite delays in introducing Max due to regulatory issues. Duolingo's Energy feature, a new pacing mechanic for free users, has positively impacted DAUs, median time spent, and subscriber conversion. The company remains focused on expanding its educational offerings, including Chess, Math, and Music, to drive long-term growth. Gross margins improved due to reduced AI costs, and future investments will target product development and modest marketing increases, aligning with their strategic priorities.

Record Profitability and Strong Growth

Duolingo achieved record profitability and strong top-line growth, prompting a raise in full-year guidance. The company continues to invest in core business areas and new ventures like Chess, Math, and Music.

Significant DAU Growth

Duolingo posted a 40% year-over-year growth in Daily Active Users (DAU) for Q2, maintaining a high growth rate after previous years of 60% year-over-year growth.

Expansion in China

China is Duolingo's fastest-growing market, highlighted by a successful partnership with Luckin Coffee, significantly boosting brand visibility.

Energy System Success

The new Energy system, replacing the Hearts mechanic, has increased revenue, daily active users, and median time spent using the app.

Duolingo (DUOL) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

DUOL Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 05, 2025	2025 (Q3)	0.76 / -	0.49	―	―	―
Aug 06, 2025	2025 (Q2)	0.59 / 0.91	0.51	78.43% (+0.40)	―
May 01, 2025	2025 (Q1)	0.52 / 0.72	0.57	26.32% (+0.15)	―
Feb 27, 2025	2024 (Q4)	0.48 / 0.28	0.26	7.69% (+0.02)	―
Nov 06, 2024	2024 (Q3)	0.35 / 0.49	0.06	716.67% (+0.43)	―
Aug 07, 2024	2024 (Q2)	0.32 / 0.51	0.08	537.50% (+0.43)	―
May 08, 2024	2024 (Q1)	0.27 / 0.57	-0.06	1050.00% (+0.63)	―
Feb 28, 2024	2023 (Q4)	0.04 / 0.26	-0.35	174.29% (+0.61)	―
Nov 08, 2023	2023 (Q3)	-0.07 / 0.06	-0.46	113.04% (+0.52)	―
Aug 08, 2023	2023 (Q2)	-0.19 / 0.08	-0.38	121.05% (+0.46)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

DUOL Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 06, 2025	$343.61	$390.84	+13.75%
May 01, 2025	$400.00	$486.42	+21.61%
Feb 27, 2025	$375.78	$312.07	-16.95%
Nov 06, 2024	$318.85	$315.82	-0.95%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.