Duolingo Q1 revenue $167.6M (+45% YoY); raises full-year guidance

Duolingo, Inc.

2024-Q1 EPS reported $0.57 revenue$167,553,000

Revenue $167.6M, up 45% YoY; net income $27.0M vs loss $2.6M a year ago.
DAUs 31.4M (+54% YoY), MAUs 97.6M (+35%), paid subscribers 7.4M (+54%).
Adjusted EBITDA $44.0M (26.3% margin) vs $15.1M (13.1%) prior year.
Total bookings $197.5M (+41% YoY); subscription bookings $161.5M (+47%).
Raised full-year bookings, revenue, and profitability guidance.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Duolingo, Inc. updated its the three months ended March 31, 2024 guidance (raised).

Period: the three months ended March 31, 2024
Guidance: raised
Result: reported results

Exact text from the filing

On May 8, 2024, Duolingo, Inc. (the "Company") issued a press release announcing the financial results of the Company for the three months ended March 31, 2024 (the "Earnings Release")

View on SEC.gov

1427 earnings releases filed in the last 30 days. Browse all earnings releases →

Duolingo, Inc. filing history →

Source: SEC EDGAR

accession 0001562088-24-000117

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.