Duolingo's results for Q3 2026 (ended Sep 30, 2026) come from the company's own earnings release, filed with the SEC on 2026-11-03. Everything below is taken from that filing; quotes are copied exactly. Company outlooks are the company's own.
At a glance
| Item | Value |
|---|---|
| Revenue (GAAP) | $309 million (+13.7% vs a year earlier) |
| Diluted EPS (GAAP) | $0.54 |
| Full-year guidance | Raised |
Guidance
Duolingo raised FY2026 guidance across key metrics: bookings $1,296 million, revenue $1,221 million, Adjusted EBITDA $323 million.
Why this label: Shareholder letter (EX-99.2): 'We are raising our full-year guidance across all key financial metrics'; adj. EBITDA up $3M vs previous guidance.
| Metric | Period | New | Prior (as stated in the release) |
|---|---|---|---|
| bookings | FY2026 | $1,296 million (12% y/y) | not stated |
| revenue | FY2026 | $1,221 million (18% y/y) | not stated |
| adjusted EBITDA | FY2026 | $323 million (26.5% margin) | not stated |
Next-quarter outlook:
| Metric | Period | Range |
|---|---|---|
| bookings | Q4 2026 | $382 million (13% y/y) |
| revenue | Q4 2026 | $322 million (14% y/y) |
| adjusted EBITDA | Q4 2026 | $84 million (26.1% margin) |
From the release
Revenue: "Revenues · $271,713 · $309,007"
Earnings per share: "Net income per share attributable to Class A and Class B common stockholders, diluted · $5.95 · $0.54"
bookings: "Bookings · $382 · $1,296 · YoY bookings growth · 13% · 12%"
revenue: "Revenues · $322 · $1,221 · YoY revenue growth · 14% · 18%"
adjusted EBITDA: "We expect full-year Adjusted EBITDA of $323 million, or a 26.5% margin, up $3 million from our previous guidance"
Quotes are copied from the filing; in table rows, cell borders are shown as “·”.
Key fact: DAUs grew 29% year over year to 64.9 million; full-year guidance raised
Source
Duolingo earnings release (SEC filing), accession 0001628280-26-069474, filed 2026-11-03.
Part of the Q3 2026 Guidance Tracker. Educational only, not advice. Free weekly recap every Sunday: yieldterminalpro.com/newsletter.