Duolingo Q2 FY26 net income drops 26% to $33.16 million; revenue rises 18% to $298.45 million

• Duolingo posted GAAP net income of $33.16 million, down 26% year over year, as revenue climbed 18% to $298.45 million.
• GAAP operating income edged up 2% to $33.95 million, while GAAP gross margin widened 0.2 percentage points to 72.6%.
• Daily active users rose 23% to 58.7 million, while paid subscribers increased 17% to 12.7 million.
• Subscription bookings increased 10% to $250.32 million, lifting total bookings 8% to $289.05 million.
• Board authorized a $400 million share repurchase program; repurchases totaled $70.3 million for 694,630 shares at $101.15 each.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Duolingo Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-053603), on August 06, 2026, and is solely responsible for the information contained therein.