secwatch.observer — SEC 8-K summary
======================================

Issuer:     Duolingo, Inc. (DUOL)
CIK:        0001562088
Form:       8-K
Filed at:   2022-05-12T23:59:59+00:00
Accession:  0001562088-22-000058
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Duolingo Q1 bookings $102.1M (+55% YoY), raises full-year guidance
------------------------------------------------------------------

- Total bookings $102.1M (+55% YoY); revenue $81.2M (+47% YoY); net loss $12.2M vs $13.5M prior.
- Adjusted EBITDA $3.9M vs $0.9M prior year; raises FY22 bookings guidance to $388-397M.
- DAUs 12.5M (+31%), MAUs 49.2M (+23%), paid subscribers 2.9M (+60%) – all records.
- Duolingo English Test revenue $8.1M (+60% YoY); announces rebrand to Super Duolingo.
- Ukrainian learner growth +513% since conflict; ad revenue donated to relief.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1562088/000156208822000058/0001562088-22-000058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1562088/000156208822000058/duol-20220512.htm
  HTML page:      https://secwatch.observer/filing/0001562088-22-000058

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer