---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-012246"
form_type: "8-K"
ticker: "DUOL"
cik: "0001562088"
company_name: "Duolingo, Inc."
filed_at: "2026-02-26T23:59:59+00:00"
generated_at: "2026-05-15T23:35:11.233808+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Duolingo Q4 revenue $282.9M (+35% YoY); guides slower 2026 growth; $400M buyback authorized

## Summary
- Q4 revenue $282.9M (+35% YoY); FY 2025 revenue $1.04B (+39% YoY). DAUs 52.7M (+30%), paid subs 12.2M (+28%).
- Q4 net income $42.0M; FY net income $414.1M (includes $256.7M tax benefit). FY adjusted EBITDA $305.9M (29.5% margin).
- CEO prioritizes user growth over monetization: expects 2026 bookings growth ~11% (vs ~20% prior) and adj. EBITDA margin ~25%.
- Board authorized $400M share repurchase program; no expiration, open-market purchases at company discretion.
- Chess reached 7M DAUs in <1 year; Math and Music expansion underway; AI features (Video Call) moving to Super tier.

## SEC filing metadata
- accession: 0001628280-26-012246
- form_type: 8-K
- ticker: DUOL
- cik: 0001562088
- company_name: Duolingo, Inc.
- filed_at: 2026-02-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1562088/000162828026012246/0001628280-26-012246-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1562088/000162828026012246/duol-20260226.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-012246
- JSON: https://secwatch.observer/filing/0001628280-26-012246.json
- Plain text: https://secwatch.observer/filing/0001628280-26-012246.txt

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