Duolingo (DUOL) earnings history
Most recent quarter
- Fiscal period
- Q2 2026
- Period end
- Jun 30, 2026
- EPS actual
- $0.66
- EPS estimate
- $0.60
- EPS surprise
- +9.31%
- Revenue surprise
- +0.97%
- Revenue
- $298.5M
- Revenue estimate
- $295.6M
- Reported
- Aug 5, 2026
Duolingo reported Q2 2026 results on August 5, 2026. Earnings per share were $0.66, ahead of the $0.60 estimate by 9.31%. Revenue was $298.5 million, just above the $295.6 million consensus. Compared with Q2 2025, revenue rose about 18% from $252.3 million, while EPS fell about 27% from $0.91.
Revenue has risen in every quarter in the table, from $63.6 million in Q3 2021 to the latest high. Duolingo posted losses through Q1 2023 and has been profitable in every quarter since. Annual EPS went from a loss of $1.50 in 2022 to profits of $0.34 in 2023, $1.85 in 2024 and $8.42 in 2025. The 2025 total includes an unusually large Q3 2025 result of $5.95 per share, against a $0.76 estimate. The other three quarters of 2025 add up to $2.47. Full-year 2025 revenue was $1.04 billion, about 39% more than 2024. Duolingo beat the EPS estimate in 18 of the last 20 quarters.
Duolingo reported Q3 between November 5 and November 10 in each of the past five years. That points to early to mid November 2026 for the next report. Its EPS will be compared with the unusual Q3 2025 result of $5.95.
Earnings history
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Aug 5, 2026 | $0.60 | $0.66 | +9.31% | $298.5M | SEC |
| Q1 2026 | May 4, 2026 | $0.77 | $0.89 | +16.28% | $292.0M | SEC |
| Q4 2025 | Feb 26, 2026 | $0.84 | $0.84 | +0.23% | $282.9M | SEC |
| Q3 2025 | Nov 5, 2025 | $0.76 | $5.95 | +684.44% | $271.7M | SEC |
| Q2 2025 | Aug 6, 2025 | $0.59 | $0.91 | +55.10% | $252.3M | SEC |
| Q1 2025 | May 1, 2025 | $0.51 | $0.72 | +39.86% | $230.7M | SEC |
| Q4 2024 | Feb 27, 2025 | $0.48 | $0.28 | −41.90% | $209.6M | SEC |
| Q3 2024 | Nov 6, 2024 | $0.35 | $0.49 | +38.18% | $192.6M | SEC |
| Q2 2024 | Aug 7, 2024 | $0.32 | $0.51 | +59.52% | $178.3M | SEC |
| Q1 2024 | May 8, 2024 | $0.27 | $0.57 | +108.79% | $167.6M | SEC |
| Q4 2023 | Feb 28, 2024 | $0.04 | $0.26 | +523.50% | $151.0M | SEC |
| Q3 2023 | Nov 8, 2023 | −$0.07 | $0.06 | +183.80% | $137.6M | SEC |
| Q2 2023 | Aug 8, 2023 | −$0.19 | $0.08 | +141.82% | $126.8M | SEC |
| Q1 2023 | May 9, 2023 | −$0.24 | −$0.06 | +74.88% | $115.7M | SEC |
| Q4 2022 | Feb 28, 2023 | −$0.54 | −$0.35 | +35.34% | $103.8M | SEC |
| Q3 2022 | Nov 10, 2022 | −$0.55 | −$0.46 | +16.56% | $96.1M | SEC |
| Q2 2022 | Aug 4, 2022 | −$0.52 | −$0.38 | +26.30% | $88.4M | SEC |
| Q1 2022 | May 12, 2022 | −$0.57 | −$0.31 | +45.61% | $81.2M | SEC |
| Q4 2021 | Mar 3, 2022 | −$0.56 | −$0.46 | +17.12% | $73.0M | SEC |
| Q3 2021 | Nov 10, 2021 | −$0.97 | −$0.98 | −0.90% | $63.6M | SEC |
Quarterly revenue
Frequently asked questions
When did Duolingo (DUOL) last report earnings?
Duolingo last reported on Aug 5, 2026, covering fiscal Q2 2026.
Did DUOL beat earnings estimates?
Yes. Duolingo reported EPS of $0.66 for Q2 2026 against a $0.60 estimate — a 9.31% beat.
How much revenue did DUOL report last quarter?
Duolingo reported $298.5M in revenue for Q2 2026, against a consensus estimate of $295.6M.
Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.
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