Laela Sturdy
the vacancy created from Ms. Laela Sturdy’s departure
Highest-materiality recent filing
Duolingo Q1 revenue $292M (+27% YoY), net income $43.5M, DAUs 56.5M (+21%)
Revenue $292.0M (+27% YoY); total bookings $308.5M (+14% YoY).
Duolingo Q4/FY2025 revenue $282.9M/$1,038M; guides FY2026 bookings +11% and EBITDA margin ~25%
Q4 revenue $282.9M (+35% YoY); FY revenue $1,037.6M (+39% YoY).
Duolingo Q4 revenue $282.9M (+35% YoY); guides slower 2026 growth; $400M buyback authorized
Q4 revenue $282.9M (+35% YoY); FY 2025 revenue $1.04B (+39% YoY). DAUs 52.7M (+30%), paid subs 12.2M (+28%).
Duolingo names Gillian Munson CFO; Q4 DAU +30% YoY, bookings at guidance high end
Gillian Munson (ex-Vimeo CFO, Duolingo board member) becomes CFO effective Feb 23, 2026; Matt Skaruppa transitions to advisory role through Nov 20, 2026.
Duolingo Q3 2025: DAUs top 50.5M (+36%), revenue $271.7M (+41%), adj EBITDA margin expands
Q3 DAUs reached 50.5M, up 36% YoY; revenue $271.7M, up 41% YoY.
Duolingo Q2 revenue $252.3M (+41% YoY), net income $44.8M (+84% YoY); raises FY guidance
Revenue $252.3M (+41% YoY); subscription revenue $210.7M (+46% YoY).
Duolingo Q1 revenue up 38% YoY to $230.7M, adds record DAUs, raises guidance
DAUs grew 49% YoY to 46.6M; paid subscribers surpassed 10M (up 40% YoY).
Duolingo Q4 revenue $209.6M (+39% YoY), DAUs 40.5M (+51%), record bookings and profitability
Q4 total bookings $271.6M (+42% YoY); subscription bookings $236.5M (+50% YoY).
Duolingo Q3: Revenue +40% to $192.6M, DAUs +54%, raises FY guidance
Revenue $192.6M (+40% YoY); net income $23.4M vs $2.8M; adjusted EBITDA $47.5M (24.7% margin).
Duolingo Reports Q2 2024: Revenue Up 41%, DAUs Surpass 34.1 Million
Total bookings reached $190.1M, up 38% YoY; subscription bookings grew 47% to $156.5M.
Duolingo Q1 revenue $167.6M (+45% YoY); raises full-year guidance
Revenue $167.6M, up 45% YoY; net income $27.0M vs loss $2.6M a year ago.
Duolingo Q1 revenue $167.6M (+45% YoY), net income $27.0M, raises FY guidance
Revenue $167.6M (+45% YoY); net income $27.0M vs loss of $2.6M a year ago.
Duolingo expands Pittsburgh HQ lease by 110,008 sq ft; total 148,266 sq ft through 2036
Lease amendment signed March 4, 2024 increases leased space from 38,000 to 148,266 sq ft starting August 1, 2025.
Duolingo Q4 revenue $151M (+45%), net income $12.1M; FY24 rev guidance $717.5-729.5M
Total bookings $191.0M (+51%), subscription bookings $157.8M (+57%), paid subs 6.6M (+57%).
Duolingo Q3 revenue +43% to $137.6M, net income $2.8M, DAUs +63% to 24.2M; raises FY2023 guidance
Revenue $137.6M (+43% YoY); net income $2.8M vs loss of $18.4M; Adj. EBITDA $22.5M (16.3% margin).
Duolingo Q2 beats: revenue $126.8M (+44% YoY), net income $3.7M; raises full-year guidance
Revenue $126.8M (+44% YoY); net income $3.7M vs loss $15.0M in Q2 2022.
Duolingo Q1 2023: Revenue +42% to $115.7M, DAUs +62%, raises FY guidance
Revenue $115.7M (+42% YoY), net loss narrowed to $2.6M from $12.2M; adjusted EBITDA $15.1M (13% margin) vs $3.9M (5%) prior year.
Duolingo Q4 revenue up 42% to $103.8M; DAUs grow 62% to 16.3M; guides FY23 revenue $486-498M
Q4 total bookings $126.4M (+39% YoY); subscription bookings $100.3M (+44% YoY); paid subscribers 4.2M (+67% YoY).
Duolingo Q3 revenue up 51% to $96.1M, DAUs +51%, raises FY2022 guidance
Revenue $96.1M (+51% YoY); net loss improved to $18.4M from $29.0M loss.
Duolingo Q2 bookings up 51% to $97.5M; DAUs +44%; raises FY guidance
Total bookings $97.5M (+51% YoY); subscription bookings $74.1M (+51%); paid subs 3.3M (+71%).
Duolingo Q1 bookings $102.1M (+55% YoY), raises full-year guidance
Total bookings $102.1M (+55% YoY); revenue $81.2M (+47% YoY); net loss $12.2M vs $13.5M prior.
Duolingo Q4 revenue up 51% to $73M, net loss widens to $17.5M; guides FY2022 revenue $332-342M
Q4 2021 revenue $73.0M (+51% YoY); full year revenue $250.8M (+55% YoY).
Duolingo Q3 revenue $63.6M (+40% YoY); ~11M shares released from lock-up Nov 15
Revenue $63.6M (+40% YoY); bookings $73.1M (+57%); paid subscribers 2.2M (+49%).
Duolingo Q2 revenue $58.8M (+47% YoY); paid subscribers up 46% to 1.9M
Total bookings $64.5M (+30% YoY); subscription bookings $48.9M (+34%).
Duolingo completes IPO on July 30, 2021; gross proceeds of $455.5M from 5.87M shares at $102/share
Offered 5,872,029 shares of Class A common stock at $102.00 per share, including full underwriter option exercise.
the vacancy created from Ms. Laela Sturdy’s departure
On June 14, 2024, the Board of Directors (the “Board”) of Duolingo, Inc. (the “Company”) appointed Mario Schlosser to serve as a Class I director on the Company’s Board to fill the vacancy created from Ms. Laela Sturdy’s departure, effective as of July 1, 2024.
Laela Sturdy notified the Company of her resignation from the Company’s Board of Directors, including its Audit Committee and its Mergers and Acquisition Committee, effective as of such date.
appointed John Lilly to serve as a Class I director on the Company’s Board and as a member of the Compensation and Leadership Committee, in each case, effective as of December 15 , 2021.
Max materiality 0.90 · Median 0.78 · Most common event earnings