Duolingo Q4 revenue $209.6M (+39% YoY), DAUs 40.5M (+51%), record bookings and profitability

Duolingo, Inc.

2024-FY EPS reported $1.88 revenue$748,024,000

Q4 total bookings $271.6M (+42% YoY); subscription bookings $236.5M (+50% YoY).
Q4 net income $13.9M vs $12.1M; Adj. EBITDA $52.3M (25.0% margin vs 23.3% YoY).
FY2024 revenue $748.0M (+41% YoY); Adj. EBITDA $191.9M (25.7% margin).
Paid subscribers 9.5M (+43% YoY); Duolingo Max accounts for 5% of paid subs at year-end.
Free cash flow Q4 $87.8M (42% margin); 2025 priorities include Video Call and AI features.

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