secwatch.observer — SEC 8-K summary
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Issuer:     Duolingo, Inc. (DUOL)
CIK:        0001562088
Form:       8-K
Filed at:   2025-05-01T23:59:59+00:00
Accession:  0001562088-25-000098
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Duolingo Q1 revenue up 38% YoY to $230.7M, adds record DAUs, raises guidance
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- DAUs grew 49% YoY to 46.6M; paid subscribers surpassed 10M (up 40% YoY).
- Total bookings $271.6M (+38% YoY); subscription bookings $232.2M (+44%).
- Net income $35.1M (up 30% YoY); Adj EBITDA $62.8M (27.2% margin vs 26.3%).
- Raised FY25 bookings guidance midpoint to 29% YoY growth; Adj EBITDA margin raised to 28%.
- Dead Duo campaign generated 1.7B organic impressions; new Chess course; AI cost optimizations ahead of schedule.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1562088/000156208825000098/0001562088-25-000098-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1562088/000156208825000098/duol-20250501.htm
  HTML page:      https://secwatch.observer/filing/0001562088-25-000098

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer