Overview
- The company reported $252.3 million in Q2 revenue, up 41% year-over-year, and net income of $44.8 million, an 84% increase.
- Paid subscriber count climbed to 10.9 million and daily active users neared 48 million, driven by AI-powered learning features.
- Full-year 2025 revenue guidance was lifted to $1.01–$1.02 billion following the quarter’s stronger-than-expected results.
- Generative AI accelerated content creation with 148 new language courses launched in the past year and enhanced personalized practice tools.
- Lower-than-expected AI expenses and stronger ad performance narrowed the gross margin decline to 100 basis points, reinforcing investor confidence.