{"schema_version":"secwatch.filing_event.v1","accession":"0001562088-24-000110","form_type":"8-K","ticker":"DUOL","cik":"0001562088","company_name":"Duolingo, Inc.","filed_at":"2024-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.968166+00:00","generated_at":"2026-06-02T09:56:43.509546+00:00","sec_items":["2.02","5.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Duolingo Q1 revenue $167.6M (+45% YoY), net income $27.0M, raises FY guidance","bullets":["Revenue $167.6M (+45% YoY); net income $27.0M vs loss of $2.6M a year ago.","Adjusted EBITDA $44.0M (26.3% margin) vs $15.1M (13.1%) in Q1 2023.","Total bookings $197.5M (+41% YoY); subscription bookings $161.5M (+47%).","DAUs 31.4M (+54%), MAUs 97.6M (+35%); paid subscribers 7.4M (+54%).","Raises full-year 2024 guidance: revenue $726.5-735.5M; Adj. EBITDA $167.1-176.5M."],"urls":{"canonical":"https://secwatch.observer/filing/0001562088-24-000110","json":"https://secwatch.observer/filing/0001562088-24-000110.json","markdown":"https://secwatch.observer/filing/0001562088-24-000110.md","text":"https://secwatch.observer/filing/0001562088-24-000110.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1562088/000156208824000110/0001562088-24-000110-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1562088/000156208824000110/duol-20240508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T09:56:43.509546+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5228d584545eb3216df63ab28532332a1f461256","claim":"Duolingo, Inc. reported the first quarter ended March 31, 2024 results: revenue $167.6 million, net income $27.0 million. Guidance raised.","evidence_excerpt":"million, an increase of 54% from the prior year quarter and monthly active users (MAUs) were 97.6 million, an increase of 35% from the prior year quarter; • Total revenues were $167.6 million, an increase of 45% from the prior year quarter; • Net income was $27.0 million, compared to a net loss of $2.6 million in the prior year quarter; • Adjusted EBITDA was $44.0","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1562088/000156208824000110/0001562088-24-000110-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2024"},{"label":"Revenue","value":"$167.6 million"},{"label":"Net income","value":"$27.0 million"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}]},{"claim_id":"255397ea78","claim":"Laela Sturdy resigned as Director at Duolingo, Inc..","evidence_excerpt":"Laela Sturdy notified the Company of her resignation from the Company’s Board of Directors, including its Audit Committee and its Mergers and Acquisition Committee, effective as of such date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1562088/000156208824000110/0001562088-24-000110-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}