Duolingo Q3 2025: DAUs top 50.5M (+36%), revenue $271.7M (+41%), adj EBITDA margin expands

Duolingo, Inc.

2025-Q3 EPS reported $7.63 revenue$754,721,000

Q3 DAUs reached 50.5M, up 36% YoY; revenue $271.7M, up 41% YoY.
Net income $292.2M includes $222.7M one-time tax benefit; adjusted EBITDA $80.0M (29.5% margin vs 24.7% prior year).
Paid subscribers 11.5M (+34% YoY); subscription revenue $229.5M (+46% YoY).
Company shifts focus to long-term user growth and AI-driven teaching, prioritizing over near-term monetization.

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