🔹 Revenue: $252.3M (Est. $240.7M) 🟢; UP +41% YoY
🔹 Subscription Revenue: UP +46% YoY
🔹 MAUs: 128.3M
FY25 Outlook (Raised):
🔹 Revenue: $1.011B–$1.019B (Est. $996.6M) 🟢
🔹 Adj. EBITDA: $288.1M–$295.5M
🔸 “We expect profitability to step down slightly in H2.”
Q3 Outlook:
🔹 Revenue: $257M–$261M (Est. $253M) 🟢
🔹 Adj. EBITDA: $69.4M–$73.1M
🔸 Expecting slight H2 step-down in profitability
Strategic & Product Updates:
🔹 DAUs: 47.7M
🔹 Record profitability achieved
🔸 Acquired NextBeat’s music gaming team to strengthen Duolingo Music
🔸 New features gaining traction: Energy mechanic & Chess course
CEO Commentary (Luis von Ahn):
🔸 “We exceeded our own high expectations while expanding profitability.”
🔸 “Strong engagement and early success from new product launches signal continued momentum.”