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Here's What Key Metrics Tell Us About Duolingo (DUOL) Q3 Earnings

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Duolingo, Inc. (DUOL - Free Report) reported $271.71 million in revenue for the quarter ended September 2025, representing a year-over-year increase of 41.1%. EPS of $0.95 for the same period compares to $0.49 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $260.52 million, representing a surprise of +4.3%. The company delivered an EPS surprise of +31.94%, with the consensus EPS estimate being $0.72.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Duolingo performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Total bookings: $281.9 million versus the four-analyst average estimate of $272.06 million.
  • Subscription bookings: $240.3 million versus $231.89 million estimated by three analysts on average.
  • Daily active users (DAUs): 50.5 million compared to the 51.21 million average estimate based on three analysts.
  • Monthly active users (MAUs): 135.3 million versus 136.2 million estimated by three analysts on average.
  • Paid subscribers (at period end): 11.5 million versus the three-analyst average estimate of 11.51 million.
  • Revenues- Subscription: $229.5 million compared to the $220.91 million average estimate based on five analysts. The reported number represents a change of +45.6% year over year.
  • Revenues- Other- Other (including Advertising, DET and others): $31.13 million versus the five-analyst average estimate of $40.11 million.
  • Revenues - In-App Purchases: $11.1 million versus $9.83 million estimated by two analysts on average.
  • Revenues- Other- Advertising: $21.02 million compared to the $19.54 million average estimate based on two analysts.
  • Revenues- Other- Duolingo English Test: $9.65 million versus the two-analyst average estimate of $10.17 million.

View all Key Company Metrics for Duolingo here>>>

Shares of Duolingo have returned -25.1% over the past month versus the Zacks S&P 500 composite's +1.3% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

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