Every 8-K that Duolingo, Inc. (DUOL) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow DUOL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full DUOL filings page.
Duolingo, Inc. (symbol DUOL) reported that, during an in-person investor meeting on August 18, 2026, a screen inadvertently showed internal data indicating the estimated DAU growth rate on August 17, 2026 was 27.4% compared with the same day a year earlier, with similar estimated growth for earlier days in August. Duolingo states this preliminary internal data has not undergone its normal review and validation and should not be interpreted as indicating expected results for Q3 2026 or any future period. The company reiterates that its most recent guidance remains that provided in its Q2 2026 shareholder letter dated August 5, 2026 and that it is not providing additional or updated guidance at this time.
Duolingo, Inc. expanded its Board of Directors from nine to ten members and appointed Sallie Krawcheck as an independent Class I director, effective August 10, 2026. She will serve on the Board’s Audit, Risk and Compliance Committee, with a term running until the 2028 annual stockholders’ meeting, subject to customary conditions.
Her compensation under Duolingo’s Non-Employee Director Compensation Program includes annual cash retainers of $45,000 for Board service and $10,000 for Audit Committee service, plus equity awards: an initial RSU grant valued at $450,000, a prorated annual RSU award valued at $180,000, and, subject to tenure conditions, ongoing annual RSU awards valued at $215,000, each converted into RSUs based on the closing price of Duolingo’s Class A common stock and vesting over one to three years with continued service.
Duolingo highlighted Ms. Krawcheck’s three decades of senior financial and operating experience, including founding Ellevest, which she led to $2.4 billion in assets under management, and prior roles as Chief Financial Officer of Citigroup and Chief Executive Officer of several major wealth management businesses.
Duolingo reported Q2 2026 results showing strong user and revenue growth alongside lower profitability. Daily active users rose 23% year over year to 58.7 million and paid subscribers grew 17% to 12.7 million. Revenue increased 18% to $298.5 million, while total bookings grew 8% to $289.1 million.
Net income declined to $33.2 million, down from $44.8 million a year earlier, and Adjusted EBITDA was $77.3 million for a 25.9% margin versus 31.2% last year. Free cash flow was $78.6 million, and cash and short-term investments totaled approximately $1.3 billion.
Management reaffirmed full-year 2026 bookings and revenue growth targets and raised its Adjusted EBITDA margin outlook to 26.5%. The company highlighted product experimentation, marketing initiatives, and a one-time streak revival event, which saw 15.4 million learners restore streaks, as key drivers of engagement.
Duolingo, Inc. reported the results of its 2026 Annual Meeting of Stockholders. Common stock representing approximately 94.01% of voting power as of the April 7, 2026 record date was present or represented by proxy. Class A and Class B shares voted together as a single class.
Stockholders elected three Class II directors — Amy Bohutinsky, Bonnie Ross, and Jim Shelton — to serve until the 2029 annual meeting and until their successors are duly elected and qualified. They also ratified the appointment of Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026.
In addition, stockholders approved, on an advisory (non-binding) basis, the compensation of Duolingo’s named executive officers. No other matters were submitted for stockholder action at the meeting.
Duolingo reported strong first quarter 2026 results, with revenue rising to $291.9 million, up 27% year over year, and daily active users increasing 21% to 56.5 million. Paid subscribers also grew 21% to 12.5 million, showing continued expansion of its paying user base.
Net income reached $43.5 million and Adjusted EBITDA was $83.4 million with a 28.6% margin, while free cash flow was $147.8 million, a 50.6% margin. The company ended the quarter with $1.1 billion in cash and cash equivalents and has repurchased about 514,000 shares under its $400 million buyback program.
For 2026, Duolingo targets bookings of $1.28 billion and revenue of $1.205 billion, implying mid‑teens growth, and expects an Adjusted EBITDA margin of about 25.7% while investing in AI-driven content, new subjects, and speaking-focused product features.
Duolingo, Inc. corrected a typographical error in its prior shareholder letter and confirmed full-year 2025 net income of $414.1 million. For 2025, revenue reached $1.04 billion, up 39% year over year, with daily active users rising to 52.7 million, a 30% increase.
Adjusted EBITDA was $305.9 million with a 29.5% margin, and free cash flow was $360.4 million. The company ended 2025 with $1.04 billion in cash and cash equivalents and no debt, and its board authorized a $400 million share repurchase program.
Looking to 2026, Duolingo plans to prioritize user growth and product improvements over near-term monetization, guiding to bookings growth of 10–12%, revenue growth of 15–18%, and an Adjusted EBITDA margin of about 25%, with expected DAU growth of around 20%.
Duolingo reported strong 2025 growth and a major capital return move. Full-year revenue rose to $1,037.6M, up 39%, with total bookings of $1,158.4M, up 33%. Daily active users reached 52.7 million in Q4, up 30%, and paid subscribers grew 28% to 12.2 million.
Net income was $414.1M, boosted by a one-time $256.7M tax benefit, while Adjusted EBITDA climbed to $305.9M with a 29.5% margin. Free cash flow was $360.4M and cash and equivalents reached $1.04B, with no debt.
The company is shifting strategy in 2026 to prioritize user growth and AI-driven learning over near-term financial gains, targeting about 20% DAU growth and bookings growth of 10–12% with an Adjusted EBITDA margin near 25%. The board also authorized a share repurchase program of up to $400M, with no expiration date.
Duolingo, Inc. reported that it issued a press release with a preliminary update on certain operating metrics for the quarter ended December 31, 2025, noting that these figures are estimates and may change after normal closing and review procedures. The release is furnished as an exhibit rather than filed, meaning it is not automatically incorporated into other securities filings.
The company also announced a planned chief financial officer transition. Matthew Skaruppa has resigned as CFO, to be succeeded by current director Gillian Munson as chief financial officer, principal financial officer, and principal accounting officer effective February 23, 2026. The company states that neither Skaruppa nor Munson resigned because of any disagreements regarding operations, policies, or practices. Skaruppa will remain in an advisory role through November 20, 2026 under a transition agreement providing a monthly base salary of $32,292, continued RSU vesting, and access to certain benefits. Munson’s offer includes an $800,000 annual base salary and a start-date RSU grant calculated from $14 million in value, vesting over four years, along with defined severance protections, including salary continuation and potential equity acceleration upon certain terminations.
Duolingo, Inc. (DUOL) furnished an update on its performance by announcing financial results for the nine months ended September 30, 2025. The company provided these results through a press release and a shareholder letter dated November 5, 2025.
Consistent with Item 2.02, the information, including Exhibit 99.1 (press release), is being furnished, not filed under General Instruction B.2 and is not subject to Section 18 liabilities. Duolingo also included Exhibit 99.2 (shareholder letter) dated November 5, 2025.