secwatch.observer — SEC 8-K summary
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Issuer:     Duolingo, Inc. (DUOL)
CIK:        0001562088
Form:       8-K
Filed at:   2022-08-04T23:59:59+00:00
Accession:  0001562088-22-000133
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Duolingo Q2 bookings up 51% to $97.5M; DAUs +44%; raises FY guidance
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- Total bookings $97.5M (+51% YoY); subscription bookings $74.1M (+51%); paid subs 3.3M (+71%).
- Revenue $88.4M (+50% YoY); net loss $15.0M (includes higher stock-based comp); adj. EBITDA $4.2M (+13%).
- DAUs 13.2M (+44% YoY); MAUs 49.5M (+31%); China DAUs nearly doubled after app store reinstatement.
- Raised FY2022 guidance: bookings $404-410M, revenue $361-367M, adj. EBITDA $4-7M.
- Duocon conference on Aug 26; DET revenue +66% YoY; over 3,700 institutions accept DET.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1562088/000156208822000133/0001562088-22-000133-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1562088/000156208822000133/duol-20220804.htm
  HTML page:      https://secwatch.observer/filing/0001562088-22-000133

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