DUOL

Over the past six months (March 2026 - September 2026), Duolingo reported strong Q2 2026 performance in August 2026, with a 23% year-over-year increase in Daily Active Users (DAU) to 58.7 million, a 10% rise in Monthly Active Users (MAU) to 140.6 million, and a 17% increase in paid subscribers to 12.7 million, alongside an 18% revenue growth to $298.5 million and a record 84% user retention. In September 2026, CEO Luis von Ahn sold approximately $6.17 million worth of Class A common stock under a Rule 10b5-1 trading plan, liquidating his direct Class A holdings while retaining Class B shares. An inadvertent disclosure of 27.4% year-over-year DAU growth in August 2026 led to positive analyst reactions and upgrades. Despite strong user growth, Duolingo's stock price declined by approximately 51.26% to 52.21% over the last year, linked to the company's strategic focus on user growth and retention over short-term profits. As of April 2026, Duolingo reported full-year 2025 revenue of $1.04 billion (a 39% year-over-year increase) and adjusted EBITDA exceeding $300 million, with the board authorizing a $400 million share buyback, and guided for moderated bookings and revenue growth in 2026 as it prioritizes accelerating user growth.