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Duolingo Reports Second Quarter 2026 Results

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Duolingo (NASDAQ: DUOL) reported its second quarter 2026 results for the period ended June 30, 2026, via a shareholder letter on its investor relations website. The company highlighted a 23% year-over-year increase in daily active users (DAUs), which it described as an acceleration from Q1.

Duolingo will host a live video webcast to discuss Q2 results on August 5, 2026 at 5:00 p.m. ET, featuring CEO Luis von Ahn and CFO Gillian Munson, with a replay available on its investor relations site.

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Positive

  • Daily active users up 23% year-over-year in Q2 2026
  • DAU growth accelerated in Q2 2026 compared to Q1, according to Duolingo

Negative

  • None.

Market Reaction – DUOL

-11.32% $120.00 1.8x vol
15m delay
-11.32% Vs previous close
+2.8% Peak in 0 min
$120.00 Last Price
$118.52 $149.75 Day Range
$5.59B Market Cap
1.8x Rel. Volume

Following this news, DUOL has declined 11.32%, reflecting a significant negative market reaction. Argus tracked a peak move of +2.8% during the session. Our momentum scanner has triggered 29 alerts so far, indicating elevated trading interest and price volatility. The stock is currently trading at $120.00. Trading volume is above average at 1.8x the average, suggesting increased trading activity.

Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.

Market Context

The stock is up +7.2% following this news. -5.62% was Duolingo’s prior comparable earnings reaction,...
Analysis

The stock is up +7.2% following this news. -5.62% was Duolingo’s prior comparable earnings reaction, while a strong positive response would mark a departure from that recent pattern. The release centers on user growth; net selling across recent insider activity remained a sourced risk.

Key Figures

DAU growth: 23%
1 metrics
DAU growth 23% Q2 2026 versus prior year

Previous Earnings Reports

4 past events · Latest: May 04 (Positive)
Same Type Pattern 4 events
Date Event Sentiment 24h Move Catalyst
May 04 Q1 earnings results Positive -5.6% Management advanced strategy and emphasized speaking as a core learning feature
Feb 26 Q4 earnings results Positive -14.0% Share repurchase authorization accompanied daily-user and bookings milestones
May 01 Q1 earnings results Positive +21.6% Daily users, paid subscribers, and revenue all reached reported milestones
Aug 07 Q2 earnings results Positive +10.9% Users, subscribers, bookings, revenue, income, and guidance all increased

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent 2026 earnings announcements diverged from the positive operating commentary, while earlier earnings events aligned with positive price reactions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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PITTSBURGH, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Duolingo, Inc. (NASDAQ: DUOL) announced results for the second quarter ended June 30, 2026 in a shareholder letter that is posted on its Investor Relations website at investors.duolingo.com.

"Q2 was a strong quarter, with DAU growth of 23% compared to the prior year, an acceleration from Q1," said Luis von Ahn, Co-Founder and CEO of Duolingo. "The results reinforce our strategy to improve the product and prioritize user growth."

"Our ambition is to teach a billion people, and every step we take toward a better product brings us closer to that goal."

Video Webcast
Duolingo will host a live video webcast to discuss its quarterly results today, August 5, 2026 at 5:00 p.m. ET. Luis von Ahn and Gillian Munson, our Chief Financial Officer, will answer questions from sell side analysts. This webcast and related materials will be publicly available and can be accessed at investors.duolingo.com. A replay will be available on the Investor Relations section of our website two hours following completion of the webcast.

About Duolingo
Duolingo is the leading mobile learning platform globally. Its flagship app has organically become the world's most popular way to learn languages and the top-grossing app in the Education category on both Google Play and the Apple App Store. With technology at the core of everything it does, Duolingo has consistently invested to provide learners a fun, engaging, and effective learning experience while remaining committed to its mission to develop the best education in the world and make it universally available.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). All statements other than statements of historical facts contained in this press release, including without limitation, statements regarding our business model and strategy and the expected benefits therefrom are forward-looking statements. Without limiting the generality of the foregoing, you can identify forward-looking statements because they contain words such as “may,” “will,” “shall,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential,” “goal,” “objective,” “seeks,” or “continue” or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans, or intentions. Such forward-looking statements are neither promises nor guarantees, but involve a number of known and unknown risks, uncertainties and assumptions that may cause our actual results, performance or achievements to differ materially from those expressed or implied in the forward-looking statements due to various factors, including, but not limited to: our ability to retain and grow our users and sustain their engagement with our products; competition in the online language learning industry; our limited operating history; our ability to maintain or increase profitability; our ability to manage our growth and operate at such scale; the success of our investments; our reliance on third-party platforms to store and distribute our products and collect revenue; our reliance on third-party hosting, cloud computing providers and Artificial Intelligence (“AI”) vendors; our ability to compete for advertisements; acceptance by educational organizations of technology-based education; our ability to access, protect, collect, use, and otherwise process Personal Data about our users and payers, and to comply with applicable data privacy laws; our ability to successfully develop, implement and use artificial intelligence and machine learning technologies; our ability adequately obtain, protect and maintain our intellectual property rights; and the other important factors more fully detailed under the caption "Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025, as any such factors may be updated from time to time in our other filings with the Securities and Exchange Commission (“SEC”), accessible on the SEC’s website at www.sec.gov and the Investor Relations section of the Company’s website at investors.duolingo.com. All forward-looking statements speak only as of the date of this press release. While we may elect to update such forward-looking statements at some point in the future, unless required by applicable law, we disclaim any obligation to do so, even if subsequent events cause our views to change.

Contacts

Investor Relations:
Deborah Belevan
IR@duolingo.com

Press:
Michelle Scully
press@duolingo.com


FAQ

What were Duolingo (NASDAQ: DUOL) key highlights for Q2 2026 results?

Duolingo reported a 23% year-over-year increase in daily active users for Q2 2026. According to Duolingo, this represented an acceleration from Q1 and supports its strategy of improving the product and prioritizing user growth to advance its long-term educational mission.

How much did Duolingo daily active users grow in Q2 2026?

Duolingo reported that daily active users grew 23% year-over-year in Q2 2026. According to Duolingo, this DAU growth was faster than in Q1, reinforcing management’s focus on product improvements and expanding its global learner base across its mobile language learning platform.

When is Duolingo Q2 2026 earnings webcast and how can investors watch?

Duolingo will host a live video webcast for its Q2 2026 results on August 5, 2026 at 5:00 p.m. ET. According to Duolingo, investors can access the webcast and related materials, plus a replay, on the company’s investor relations website at investors.duolingo.com.

Where can investors find Duolingo Q2 2026 shareholder letter and results details?

Duolingo posted its Q2 2026 results in a shareholder letter on its investor relations website. According to Duolingo, investors can access the full letter and supporting materials at investors.duolingo.com, which serves as the primary source for detailed quarterly financial and operating information.

Who will present Duolingo (DUOL) Q2 2026 results on the webcast?

The Q2 2026 webcast will feature CEO Luis von Ahn and CFO Gillian Munson answering analyst questions. According to Duolingo, both executives will discuss quarterly performance and user growth trends during the August 5, 2026 live video presentation for investors and analysts.

What strategic message did Duolingo share with investors in Q2 2026?

Duolingo emphasized that Q2 2026 results support its strategy to improve the product and prioritize user growth. According to Duolingo, strong DAU expansion aligns with its broader ambition to teach a billion people and make high-quality education universally accessible via its mobile platform.