secwatch.observer — SEC 8-K summary
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Issuer:     Duolingo, Inc. (DUOL)
CIK:        0001562088
Form:       8-K
Filed at:   2021-08-11T23:59:59+00:00
Accession:  0001628280-21-016602
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Duolingo Q2 revenue $58.8M (+47% YoY); paid subscribers up 46% to 1.9M
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- Total bookings $64.5M (+30% YoY); subscription bookings $48.9M (+34%).
- MAUs 37.9M (-3% YoY), DAUs 9.1M (+2% YoY); paid subscribers 1.9M (+46%).
- Net loss $176K vs net income $40K a year ago; Adj. EBITDA $3.7M (+$1.4M).
- Q3 2021 guidance: bookings $63-66M, revenue $58.5-61.5M, adj. EBITDA loss $(12)-(8)M.
- FY2021 guidance: bookings $267-273M, revenue $236-242M, adj. EBITDA loss $(14)-(8)M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1562088/000162828021016602/0001628280-21-016602-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1562088/000162828021016602/duol-20210811.htm
  HTML page:      https://secwatch.observer/filing/0001628280-21-016602

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