1Sem.ยท

Duolingo Q2'25 Earnings Highlights

$DUOL


๐Ÿ”น Revenue: $252.3M (Est. $240.7M) ๐ŸŸข; UP +41% YoY

๐Ÿ”น Subscription Revenue: UP +46% YoY

๐Ÿ”น MAUs: 128.3M


FY25 Outlook (Raised):

๐Ÿ”น Revenue: $1.011Bโ€“$1.019B (Est. $996.6M) ๐ŸŸข

๐Ÿ”น Adj. EBITDA: $288.1Mโ€“$295.5M

๐Ÿ”ธ โ€œWe expect profitability to step down slightly in H2.โ€


Q3 Outlook:

๐Ÿ”น Revenue: $257Mโ€“$261M (Est. $253M) ๐ŸŸข

๐Ÿ”น Adj. EBITDA: $69.4Mโ€“$73.1M

๐Ÿ”ธ Expecting slight H2 step-down in profitability


Strategic & Product Updates:

๐Ÿ”น DAUs: 47.7M

๐Ÿ”น Record profitability achieved

๐Ÿ”ธ Acquired NextBeatโ€™s music gaming team to strengthen Duolingo Music

๐Ÿ”ธ New features gaining traction: Energy mechanic & Chess course


CEO Commentary (Luis von Ahn):

๐Ÿ”ธ โ€œWe exceeded our own high expectations while expanding profitability.โ€

๐Ÿ”ธ โ€œStrong engagement and early success from new product launches signal continued momentum.โ€

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