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Duolingo (DUOL) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

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Duolingo, Inc. (DUOL - Free Report) reported $282.87 million in revenue for the quarter ended December 2025, representing a year-over-year increase of 35%. EPS of $0.94 for the same period compares to $0.31 a year ago.

The reported revenue represents a surprise of +2.19% over the Zacks Consensus Estimate of $276.79 million. With the consensus EPS estimate being $0.79, the EPS surprise was +19.24%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

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:
  • Paid subscribers (at period end): 12.2 million versus 12.12 million estimated by three analysts on average.
  • Subscription bookings: $296.6 million versus the three-analyst average estimate of $296.58 million.
  • Daily active users (DAUs): 52.7 million compared to the 52.33 million average estimate based on three analysts.
  • Monthly active users (MAUs): 133.1 million compared to the 137.98 million average estimate based on three analysts.
  • Total bookings: $336.8 million versus $335.84 million estimated by three analysts on average.
  • Revenues- Subscription: $242.29 million versus the four-analyst average estimate of $237.33 million. The reported number represents a year-over-year change of +39%.
  • Revenues- Other- Other (including Advertising, DET and others): $31.03 million versus the four-analyst average estimate of $39.91 million. The reported number represents a year-over-year change of +14.9%.
  • Revenues-Other- In-App Purchases: $9.55 million versus $10.12 million estimated by two analysts on average.
  • Revenues- Other- Advertising: $20.22 million compared to the $17.55 million average estimate based on two analysts. The reported number represents a change of +41.5% year over year.
  • Revenues- Other- Duolingo English Test: $10.28 million versus $10.42 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -9.9% change.

View all Key Company Metrics for Duolingo here>>>

Shares of Duolingo have returned -15.8% over the past month versus the Zacks S&P 500 composite's -0.5% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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