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Duolingo (DUOL) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

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For the quarter ended June 2026, Duolingo, Inc. (DUOL - Free Report) reported revenue of $298.45 million, up 18.3% over the same period last year. EPS came in at $0.66, compared to $0.91 in the year-ago quarter.

The reported revenue represents a surprise of +0.37% over the Zacks Consensus Estimate of $297.35 million. With the consensus EPS estimate being $0.61, the EPS surprise was +8.2%.

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: $289.1 million versus $286.09 million estimated by four analysts on average.
  • Subscription bookings: $250.3 million versus $243.43 million estimated by three analysts on average.
  • Daily active users (DAUs): 58.7 million versus 58.03 million estimated by three analysts on average.
  • Monthly active users (MAUs): 140.6 million versus the three-analyst average estimate of 139.37 million.
  • Paid subscribers (at period end): 12.7 million versus the three-analyst average estimate of 12.59 million.
  • Revenues- Subscription: $258.04 million versus $254.89 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +22.5% change.
  • Revenues- Advertising: $21.05 million versus the four-analyst average estimate of $22.83 million. The reported number represents a year-over-year change of +2.2%.
  • Revenues- Duolingo English Test: $10.11 million versus $9.71 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +0.2% change.
  • Revenues- In-App Purchases: $8 million versus $10.75 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -23% change.
  • Revenues- Other: $1.26 million versus the two-analyst average estimate of $0.79 million. The reported number represents a year-over-year change of -96%.

View all Key Company Metrics for Duolingo here>>>

Shares of Duolingo have returned +4.4% over the past month versus the Zacks S&P 500 composite's +3.5% 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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