---
schema_version: "secwatch.filing_event.v1"
accession: "0001562088-22-000163"
form_type: "8-K"
ticker: "DUOL"
cik: "0001562088"
company_name: "Duolingo, Inc."
filed_at: "2022-11-10T23:59:59+00:00"
generated_at: "2026-06-21T22:59:41.016048+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Duolingo Q3 revenue up 51% to $96.1M, DAUs +51%, raises FY2022 guidance

## Summary
- Revenue $96.1M (+51% YoY); net loss improved to $18.4M from $29.0M loss.
- Adjusted EBITDA turned positive at $2.1M from -$6.0M in Q3 2021.
- Total bookings $102.7M (+41%); paid subscribers 3.7M (+68%).
- DAUs 14.9M (+51%); MAUs 56.5M (+35%).
- Raised full-year revenue guidance to $364-367M; Adjusted EBITDA guidance $7-10M.

## SEC filing metadata
- accession: 0001562088-22-000163
- form_type: 8-K
- ticker: DUOL
- cik: 0001562088
- company_name: Duolingo, Inc.
- filed_at: 2022-11-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1562088/000156208822000163/0001562088-22-000163-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1562088/000156208822000163/duol-20221110.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001562088-22-000163
- JSON: https://secwatch.observer/filing/0001562088-22-000163.json
- Plain text: https://secwatch.observer/filing/0001562088-22-000163.txt

## Key facts
- Earnings Releases
  Duolingo, Inc. reported third quarter ended September 30, 2022 results: revenue Total revenues were $96.1 million, net income Net loss totaled $18.4 million. Guidance raised.
  - Period: third quarter ended September 30, 2022
  - Revenue: Total revenues were $96.1 million
  - Net income: Net loss totaled $18.4 million
  - Guidance: raised
  - Result: reported results
  source text: users (MAUs) grew 35% to 56.5 million from the prior year quarter and Daily active users (DAUs) grew 51% to 14.9 million from the prior year quarter; • Total revenues were $96.1 million, an increase of 51% from the prior year quarter; • Net loss totaled $18.4 million, compared to a net loss of $29.0 million in the prior year quarter; • Adjusted EBITDA was $2.1
  evidence_url: https://www.sec.gov/Archives/edgar/data/1562088/000156208822000163/0001562088-22-000163-index.htm

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