Duolingo reported Q4 FY 2025 revenue of USD 282.9 million (+35.0% YoY) and total bookings of USD 336.8 million (+24.0% YoY), with net income of USD 42.0 million and adjusted EBITDA of USD 84.3 million (29.8% margin). Q4 free cash flow was USD 93.7 million (+16.0% YoY). For FY 2025, Duolingo posted revenue of USD 1.04 billion (+39.0% YoY), total bookings of USD 1.16 billion (+33.0% YoY), net income of USD 414.1 million and adjusted EBITDA of USD 305.9 million (29.5% margin), while free cash flow was USD 360.4 million (+36.0% YoY). The company said FY 2025 net income included a one-time income-tax benefit of USD 256.7 million tied to releasing a valuation allowance against deferred tax assets. User metrics in Q4 FY 2025 included daily active users of 52.7 million (+30.0% YoY), monthly active users of 133.1 million (+14.0% YoY), and paid subscribers of 12.2 million (+28.0% YoY). Duolingo outlined a 2026 strategy shift toward faster user growth, including moving its AI “Video Call with Lily” feature into the Super Duolingo tier to expand access, adding more AI-powered speaking (including a new free lesson type called Speaking Adventures), and expanding advanced content across its nine most learned languages up to Duolingo Score 129 (B2 CEFR). The company also said it plans to reduce monetization friction in the free experience, estimating more than USD 50 million of foregone bookings from these changes, and highlighted Chess as its fastest-growing subject with more than 7 million DAUs in less than a year, alongside continued investment in Math and a revamp of its Music course following the acquisition of NextBeat Gaming Studio. Duolingo issued FY 2026 guidance for bookings of USD 1.27 billion to USD 1.30 billion (+10.0% to +12.0% YoY) and revenue of USD 1.20 billion to USD 1.22 billion (+15.0% to +18.0% YoY), with adjusted EBITDA of USD 299 million to USD 305 million (25.0% margin). It also announced a share repurchase authorization of up to USD 400 million and reported cash and cash equivalents of USD 1.04 billion at year-end 2025.

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 on February 26, 2026, and is solely responsible for the information contained therein.