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Compared to Estimates, Duolingo (DUOL) Q1 Earnings: A Look at Key Metrics

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For the quarter ended March 2026, Duolingo, Inc. (DUOL - Free Report) reported revenue of $291.97 million, up 26.5% over the same period last year. EPS came in at $0.89, compared to $0.72 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $288.54 million, representing a surprise of +1.19%. The company delivered an EPS surprise of +12.94%, with the consensus EPS estimate being $0.79.

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.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

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): 12.5 million compared to the 12.84 million average estimate based on two analysts.
  • Subscription bookings: $268.1 million versus the two-analyst average estimate of $259.83 million.
  • Daily active users (DAUs): 56.5 million versus 55.77 million estimated by two analysts on average.
  • Monthly active users (MAUs): 137.8 million versus 139.97 million estimated by two analysts on average.
  • Total bookings: $308.5 million compared to the $301.26 million average estimate based on two analysts.
  • Revenues- Other (including Advertising, DET and others): $32.61 million versus $42.81 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +7.6% change.
  • Revenues- Subscription: $250.91 million versus $244.06 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +31.4% change.
  • Revenues- In-App Purchases: $8.45 million compared to the $10.61 million average estimate based on two analysts.
  • Revenues- Other: $0.68 million versus $0.48 million estimated by two analysts on average.
  • Revenues- Advertising: $20.61 million compared to the $19.57 million average estimate based on two analysts. The reported number represents a change of +15.3% year over year.
  • Revenues- Duolingo English Test: $11.32 million versus the two-analyst average estimate of $11.2 million. The reported number represents a year-over-year change of -5.6%.

View all Key Company Metrics for Duolingo here>>>

Shares of Duolingo have returned +10.9% over the past month versus the Zacks S&P 500 composite's +9.5% 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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