DUOL · Duolingo, Inc.
$132.83
-11.27 (-7.82%)
At close · Aug 14
Market Cap
$6.21B
Shares
46.79M
Duolingo, Inc. Earnings Call Transcripts
Every quarterly earnings call for Duolingo, Inc. (DUOL) — the full transcript with speaker labels, the audio replay, AI call highlights and a management-tone score, plus the matching 8-K earnings release and the quarter's 10-Q or 10-K. Investor days and conferences appear here too.
Revenue & result across quarters
Revenue Net income YoY up YoY down artefacts
▲51.1%
$96.06M
−$18.45M
'22 Q3
22-11-10
▲42.2%
$103.82M
−$13.93M
'22 Q4
23-02-28
▲42.4%
$115.66M
−$2.58M
'23 Q1
23-05-09
▲43.5%
$126.84M
$3.73M
'23 Q2
23-08-08
▲43.3%
$137.62M
$2.81M
'23 Q3
23-11-08
▲45.4%
$150.99M
$12.12M
'23 Q4
24-02-28
▲44.9%
$167.55M
$26.96M
'24 Q1
24-05-08
▲40.6%
$178.33M
$24.35M
'24 Q2
24-08-07
▲39.9%
$192.59M
$23.36M
'24 Q3
24-11-06
▲38.8%
$209.55M
$13.91M
'24 Q4
25-02-27
▲37.7%
$230.74M
$35.13M
'25 Q1
25-05-01
▲41.5%
$252.26M
$44.78M
'25 Q2
25-08-06
▲41.1%
$271.71M
$292.19M
'25 Q3
25-11-05
▲35%
$282.87M
$41.95M
'25 Q4
26-02-26
▲26.5%
$291.97M
$43.46M
'26 Q1
26-05-04
LATEST
▲18.3%
$298.45M
$33.16M
'26 Q2
26-08-05
Earnings call
FY26 · Q2
2026-08-05
Duolingo Second Quarter 2026 Earnings Call
Revenue
$298.45M
▲ 18.3% YoY Diluted EPS
$0.66
▼ 27.5% YoY Gross margin
72.6%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY26 · Q1
2026-05-04
Duolingo, Inc. Q1 FY2026 Earnings Call
Confident tone
AI-Powered Content Expansion
DAU Growth and Engagement
Performance Marketing Investment
Revenue
$291.97M
▲ 26.5% YoY Diluted EPS
$0.89
▲ 23.6% YoY Gross margin
73.0%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY25 · Q4
2026-02-26
Duolingo, Inc. Q4 FY2025 Earnings Call
Positive tone
2026 Financial Guidance and Margin Trade-off
New Product Expansion (Math, Music, Chess)
Leadership Transition
Revenue
$282.87M*
▲ 35% YoY Gross margin
72.8%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY25 · Q3
2025-11-05
Duolingo, Inc. Q3 FY2025 Earnings Call
Confident tone
Duolingo Max (LLM-based features)
DAU and user growth
China and Asia geographic expansion
Revenue
$271.71M
▲ 41.1% YoY Diluted EPS
$5.95
▲ 1114.3% YoY Gross margin
72.5%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY25 · Q2
2025-08-06
Duolingo, Inc. Q2 FY2025 Earnings Call
Confident tone
Max and Super subscription tiers
Regulatory constraints on Max in China
New product verticals (Chess, Math, Music)
Revenue
$252.26M
▲ 41.5% YoY Diluted EPS
$0.91
▲ 78.4% YoY Gross margin
72.4%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY25 · Q1
2025-05-01
Duolingo, Inc. Q1 FY2025 Earnings Call
Confident tone
New subjects beyond language learning
Duolingo Max performance and monetization
Video Call with Lily roadmap
Revenue
$230.74M
▲ 37.7% YoY Diluted EPS
$0.72
▲ 26.3% YoY Gross margin
71.1%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY24 · Q4
2025-02-27
Duolingo, Inc. Q4 FY2024 Earnings Call
Confident tone
Content scaling and new subjects
Bookings and revenue growth
Duolingo Max and AI features
Revenue
$209.55M*
▲ 38.8% YoY Gross margin
71.9%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY24 · Q3
2024-11-06
Duolingo, Inc. Q3 FY2024 Earnings Call
Confident tone
Duolingo Max and video call with Lily
Family Plan subscription mix
English learner opportunity
Revenue
$192.59M
▲ 39.9% YoY Diluted EPS
$0.49
▲ 716.7% YoY Gross margin
72.9%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY24 · Q2
2024-08-07
Duolingo, Inc. Q2 FY2024 Earnings Call
Confident tone
Family plan monetization
International market penetration
Profitability and margin guidance
Revenue
$178.33M
▲ 40.6% YoY Diluted EPS
$0.51
▲ 537.5% YoY Gross margin
73.4%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY24 · Q1
2024-05-08
Duolingo, Inc. Q1 FY2024 Earnings Call
Confident tone
Family Plan
Duolingo Max / Subscription Tiers
India Market and Emerging Markets
Revenue
$167.55M
▲ 44.9% YoY Diluted EPS
$0.57
Gross margin
73.0%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY23 · Q4
2024-02-28
Duolingo, Inc. Q4 FY2023 Earnings Call
Confident tone
Course Expansion
Family Plan
Subscription Tiers and Conversion
Revenue
$150.99M*
▲ 45.4% YoY Gross margin
73.1%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY23 · Q3
2023-11-08
Duolingo, Inc. Q3 FY2023 Earnings Call
Revenue
$137.62M
▲ 43.3% YoY Diluted EPS
$0.06
Gross margin
73.7%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY23 · Q2
2023-08-08
Duolingo, Inc. Q2 FY2023 Earnings Call
Revenue
$126.84M
▲ 43.5% YoY Diluted EPS
$0.08
Gross margin
73.4%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY23 · Q1
2023-05-09
Duolingo, Inc. Q1 FY2023 Earnings Call
Revenue
$115.66M
▲ 42.4% YoY Diluted EPS
$-0.06
Gross margin
72.8%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY22 · Q4
2023-02-28
Duolingo, Inc. Q4 FY2022 Earnings Call
Revenue
$103.82M*
▲ 42.2% YoY Gross margin
73.3%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY22 · Q3
2022-11-10
Duolingo, Inc. Q3 FY2022 Earnings Call
Revenue
$96.06M
▲ 51.1% YoY Diluted EPS
$-0.46
Gross margin
72.6%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY22 · Q2
2022-08-04
Duolingo, Inc. Q2 FY2022 Earnings Call
Revenue
$88.39M
▲ 50.3% YoY Diluted EPS
$-0.38
Gross margin
73.0%
Rev · 7q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY22 · Q1
2022-05-12
Duolingo, Inc. Q1 FY2022 Earnings Call
Revenue
$81.22M
▲ 46.7% YoY Diluted EPS
$-0.31
Gross margin
73.5%
Rev · 6q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY21 · Q4
2022-03-03
Duolingo, Inc. Q4 FY2021 Earnings Call
Revenue
$73.01M*
Gross margin
72.7%
Rev · 5q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY21 · Q3
2021-11-10
Duolingo, Inc. Q3 FY2021 Earnings Call
Revenue
$63.59M
▲ 40.4% YoY Diluted EPS
$-0.98
Gross margin
71.6%
Rev · 5q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY21 · Q2
2021-08-11
Duolingo, Inc. Q2 FY2021 Earnings Call
Revenue
$58.80M
▲ 47% YoY Diluted EPS
$-0.01
Gross margin
72.6%
Rev · 4q
Audio
Transcript
Slides
8-K10-Q
Showing 1–21 of 21 earnings calls
Key facts
CIK
1562088
CUSIP
26603R106
13F (30d)
410 filings
404 filers
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