secwatch.observer — SEC 8-K summary
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Issuer:     Duolingo, Inc. (DUOL)
CIK:        0001562088
Form:       8-K
Filed at:   2026-05-04T23:59:59+00:00
Accession:  0001628280-26-029790
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Duolingo Q1 revenue $292M (+27% YoY), net income $43.5M, DAUs 56.5M (+21%)
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- Revenue $292.0M (+27% YoY); total bookings $308.5M (+14% YoY).
- Net income $43.5M (14.9% margin); Adj. EBITDA $83.4M (28.6% margin).
- DAUs 56.5M (+21% YoY); paid subscribers 12.5M (+21% YoY at period end).
- Free cash flow $147.8M (+43% YoY); repurchased >500K shares covering all 2025 dilution.
- No explicit forward guidance; reiterates medium-term goal of 100M DAUs by 2028.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1562088/000162828026029790/0001628280-26-029790-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1562088/000162828026029790/duol-20260504.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-029790

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