Duolingo, Inc.'s SEC filings document its Nasdaq-listed Class A common stock, operating results furnished on Form 8-K, and governance matters presented through proxy materials. The filings cover quarterly and annual financial-result releases, preliminary operating metrics, shareholder-letter exhibits and amendments to furnished earnings materials.
Duolingo filings also record capital-allocation disclosures, including a share repurchase authorization, and public-company governance items such as annual meeting proposals, board and committee matters, executive compensation, equity awards and leadership appointments. These records describe the company's reporting controls, stockholder voting framework and corporate actions as a public mobile learning platform.
Stephen Chen filed a Form 144 relating to a proposed sale of 1,024 shares of common stock through Morgan Stanley Smith Barney LLC Executive Financial Services. The filing also lists a prior sale of 1,977 shares of common stock on 05/18/2026 for $224,602.82.
Duolingo, Inc. insider Natalie Glance filed a notice to sell 2,751 shares of common stock of DUOL through Morgan Stanley Smith Barney LLC Executive Financial Services, with an aggregate market value of $355,239.66. The planned sale is listed for August 17, 2026 on NASDAQ and involves restricted stock held from the issuer.
The filing also reports that during the past three months, on May 18, 2026, Glance sold 3,360 shares of DUOL common stock for aggregate proceeds of $381,656.35.
Duolingo, Inc. insider Luis von Ahn reported his beneficial ownership of Class A common stock in an amended Schedule 13G. As of June 30, 2026, he beneficially owned 3,594,120 shares of Class A common stock, representing 8.2% of the Class A shares outstanding, based on 40,387,012 shares outstanding as of August 4, 2026. This includes 3,368,120 shares issuable upon conversion of Class B common stock on a one-for-one basis and 226,000 shares underlying stock options exercisable within 60 days of June 30, 2026. He reports sole voting and dispositive power over all 3,594,120 shares.
KRAWCHECK SALLIE reported acquisition or exercise transactions in this Form 4 filing.
Duolingo, Inc. director Sallie Krawcheck reported two equity awards of Class A Common Stock in the form of restricted stock units (RSUs). One grant of 1,312 RSUs vests 100% on the earlier of the first anniversary of the August 10, 2026 grant date or the next annual stockholder meeting, subject to continued service. A separate grant of 3,280 RSUs vests over three years: one-half on August 10, 2027 and one-fourth on each of August 10, 2028 and August 10, 2029, also conditioned on continued service.
Duolingo, Inc. filed an initial statement of beneficial ownership for Sallie Krawcheck, identified as a director of the company. The filing does not list any reportable transactions or equity holdings, serving primarily to register her status as a reporting person for future ownership disclosures.
AQR Capital Management, LLC and AQR Capital Management Holdings, LLC report beneficial ownership of Class A common stock of Duolingo, Inc..
They report beneficial ownership of 2,332,543 shares, representing 5.8% of the Class A common stock. The firms have shared voting power over 2,281,939 shares and shared dispositive power over 2,332,543 shares, with no sole voting or dispositive power reported.
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, Inc. reported revenue of $298,454 thousand for the quarter ended June 30, 2026, up 18% from $252,265 thousand a year earlier. Net income was $33,158 thousand, down from $44,781 thousand, as operating expenses grew faster than revenue and the income tax provision increased to $12,208 thousand.
Engagement remained strong, with 58.7 million daily active users and 12.7 million paid subscribers, up 23% and 17% year over year. Gross margin was about 73%, supported by lower per-unit third‑party AI costs. Subscription revenue rose 22% to $258,035 thousand, while in‑app purchase revenue declined.
For the first half of 2026, Duolingo generated $239,031 thousand in net cash from operating activities and free cash flow of $226,416 thousand. Cash and cash equivalents were $1,180,887 thousand and short‑term investments $132,979 thousand at June 30, 2026. The company repurchased roughly 695 thousand Class A shares for $70,278 thousand, with $329,722 thousand remaining under its $400,000 thousand authorization.
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.