---
schema_version: "secwatch.filing_event.v1"
accession: "0001562088-24-000117"
form_type: "8-K/A"
ticker: "DUOL"
cik: "0001562088"
company_name: "Duolingo, Inc."
filed_at: "2024-05-10T23:59:59+00:00"
generated_at: "2026-06-02T03:40:08.496126+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001562088-24-000117
- form_type: 8-K/A
- ticker: DUOL
- cik: 0001562088
- company_name: Duolingo, Inc.
- filed_at: 2024-05-10T23:59:59+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/1562088/000156208824000117/0001562088-24-000117-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1562088/000156208824000117/duol-20240508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001562088-24-000117
- JSON: https://secwatch.observer/filing/0001562088-24-000117.json
- Plain text: https://secwatch.observer/filing/0001562088-24-000117.txt

## Key facts
- Earnings Releases
  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
  source text: 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")
  evidence_url: https://www.sec.gov/Archives/edgar/data/1562088/000156208824000117/0001562088-24-000117-index.htm

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