---
schema_version: "secwatch.filing_event.v1"
accession: "0001562088-21-000021"
form_type: "8-K"
ticker: "DUOL"
cik: "0001562088"
company_name: "Duolingo, Inc."
filed_at: "2021-11-10T23:59:59+00:00"
generated_at: "2026-06-28T09:54:33.287765+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Duolingo Q3 revenue $63.6M (+40% YoY); ~11M shares released from lock-up Nov 15

## Summary
- Revenue $63.6M (+40% YoY); bookings $73.1M (+57%); paid subscribers 2.2M (+49%).
- Net loss $29.0M vs $3.2M prior year, driven by $15.9M IPO-related stock compensation.
- Q4 guidance: revenue $66.5-69.5M; bookings $79-82M; adj. EBITDA loss $(6.5)-(3.5)M.
- ~11M shares of Class A common stock eligible for sale on Nov 15 due to lock-up release.
- DAUs 9.8M, MAUs 41.7M, both all-time highs.

## SEC filing metadata
- accession: 0001562088-21-000021
- form_type: 8-K
- ticker: DUOL
- cik: 0001562088
- company_name: Duolingo, Inc.
- filed_at: 2021-11-10T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1562088/000156208821000021/0001562088-21-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1562088/000156208821000021/duol-20211110.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001562088-21-000021
- JSON: https://secwatch.observer/filing/0001562088-21-000021.json
- Plain text: https://secwatch.observer/filing/0001562088-21-000021.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.