Duolingo (DUOL)
NASDAQ:DUOL
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Earnings Data
Report Date
Aug 12, 2026TBA (Not Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.58Last Year’s EPS
0.91Same Quarter Last Year
Based on 16 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a broadly positive picture: strong DAU growth (21% YoY), double-digit bookings and revenue growth, robust adjusted EBITDA and cash generation, and a transformative ramp in AI-driven content and product features that materially improve teaching experience. Management is deliberately investing in 2026 to support long-term durability and provided transparent guidance and point estimates. Near-term headwinds include a tough Q2 bookings comp, flat MAU/top-of-funnel this quarter, and higher AI-related costs that pressure gross margins into the high-60s by year-end. These risks are framed as expected and being actively managed via experiments and marketing investments.Company Guidance
Strong DAU Growth
Daily active users (DAUs) grew 21% year-over-year; company expects DAU growth to remain around ~20% through 2026 with continued improvements in retention (DAU-to-MAU ratio increasing).
Double-Digit Bookings and Revenue Growth
Q1 delivered double-digit growth in both bookings and revenue. Full-year 2026 point estimates provided: bookings growth roughly 10.5% and revenue growth roughly 16.1%; company reiterated target ranges of 10%–12% bookings and 15%–18% revenue growth for 2026.
Strong Profitability and Cash Generation
Q1 adjusted EBITDA was $83 million (~29% of revenue). Management expects an adjusted EBITDA margin of ~25% for 2026 (point estimate 25.7%). Balance sheet: over $1 billion in cash, no debt, and expected free cash flow of over $350 million for the year. Share repurchases to date: 514k shares (~1% of fully diluted shares) under a $400M authorization.
Massive Content and AI-driven Scale
Published 20.5 thousand course units in Q1 — more than 10x the quarterly pace from two years ago — and now offer courses up to B2 (professional proficiency) across the nine most learned languages. AI is enabling rapid content scale and personalization (e.g., AI-driven exercise selection).
Product Enhancements to Teaching Experience
Launched/expanded speaking-focused features for free and paid users: spoken tokens, speaking adventures, flashcards, and continued improvements to video call. Video call usage: average words spoken per user has more than doubled (~100% increase) over the past year.
Q1 Gross Margin Outperformance and Clear Margin Guidance
Q1 gross margin expanded and was better than expected year-over-year despite increased AI content. Management provided clear near-term gross margin guidance: ~71% in Q2 trending to ~69% by year-end as AI usage expands.
Deliberate Investment Plan and Transparent Guidance
Management emphasized 2026 as a strategic investment year, gave point estimates for full-year financials (bookings ~10.5%, revenue ~16.1%, adjusted EBITDA margin 25.7%) and quarterly margin/bookings cadence (Q2 bookings ~6% due to comps; Q2 revenue ~17%; Q2 adjusted EBITDA margin ~24%; H2 acceleration expected).
Improving Monetization Tactics without Increasing Friction
Experimentation with monetization that preserves DAU growth: longer free trials (e.g., one-month trials) have been shown to increase bookings while remaining favorable for user experience; testing of video call placement/pricing across tiers (Super vs Max) underway with early indications users will pay more for video call access.
DUOL Earnings History
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 |
|---|---|---|---|
May 04, 2026 | $110.23 | $104.03 | -5.62% |
Feb 26, 2026 | $117.45 | $101.00 | -14.01% |
Nov 05, 2025 | $260.02 | $193.74 | -25.49% |
Aug 06, 2025 | $343.61 | $390.84 | +13.75% |
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.
FAQ
When does Duolingo (DUOL) report earnings?
Duolingo (DUOL) is schdueled to report earning on Aug 12, 2026, TBA (Not Confirmed).
What is Duolingo (DUOL) earnings time?
Duolingo (DUOL) earnings time is at Aug 12, 2026, TBA (Not Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is DUOL EPS forecast?
DUOL EPS forecast for the fiscal quarter 2026 (Q2) is 0.58.
