Overview
- Q3 revenue rose 41% year over year to $271.7 million, topping estimates of about $260 million.
- Duolingo raised full-year revenue guidance to $1.028–$1.032 billion and projected Q4 revenue of $273–$277 million.
- Paid subscribers grew 34% to 11.5 million as the company highlighted profitable AI features and a Luckin Coffee promotion in China.
- Daily active users were about 50.5 million versus roughly 51.1 million expected, signaling softer sequential engagement.
- Reported EPS hit $5.95 due to a $223 million one-time tax gain, and a 72.5% margin topped the 71.4% consensus as the stock fell roughly 17%–20% after-hours.