When did Duolingo report Q2 2025 earnings?

Duolingo (DUOL) reported Q2 2025 earnings on August 6, 2025 after market close.

What were Duolingo's Q2 2025 revenue and EPS?

Duolingo reported revenue of $252.3M and eps of $0.91 for Q2 2025.

Did Duolingo beat estimates in Q2 2025?

Revenue missed the consensus estimate of $257.2M by $5.0M. EPS beat the consensus estimate of $0.55 by $0.36.

How did Duolingo's Q2 2025 results compare year-over-year?

Compared to the same quarter a year prior, revenue grew 41.5% from $178.3M a year earlier and eps grew 78.4% from $0.51.

Where can I find Duolingo's Q2 2025 SEC filings?

You can read the 10-Q periodic report (0001562088-25-000168) directly on SEC EDGAR. The filing index links above go to sec.gov.

Duolingo DUOL Q2 2025 earnings

Reported August 6, 2025 · After market close

Revenue$252.3MMiss by $5.0M

EPS$0.91Beat by $0.36

Revenue estimate$257.2M

EPS estimate$0.55

Next report

Aug 5, 2026 (In 1 week)

Revenue estimate$295.5M

EPS estimate$0.61

Financials

Q2 2025

Income statement

See full

Revenue$252.3M+41.5%

Gross profit$182.6M+39.4%

Operating income$33.4M+78.4%

Net income$44.8M+83.9%

EPS (diluted)$0.91+78.4%

Balance sheet

See full

Cash & equivalents$90.5M-89.8%

Total debt$39.0M-31.9%

Total equity$977.0M+27.4%

Total assets$1.5B+35.4%

Cash flow

See full

Operating cash flow$90.7M+45.3%

CapEx$1.2M-78.5%

Free cash flow$89.5M+57.5%

Valuation & ratios

Valuation

as of 06/30/25

See full

Market cap$19.22B+113%

Enterprise value$19.17B+134%

P/E164×+27.7×

P/S21.7×+7.5×

Profitability

See full

Gross margin72%-1.3pp

Operating margin9.5%—

Net margin13.2%+2.8pp

FCF margin37.1%+1.8pp

Returns & leverage

See full

Return on equity13.4%+3.7pp

Debt / equity0×0.0×

Current ratio2.8×-0.5×

Segments

By product

See full

Subscription$210.7M+46.4%

Advertising$20.6M+55.4%

In-App Purchases$10.4M+2.1%

Duolingo English Test$10.1M-5.7%

By geography

See full

United States$98.1M+25.9%

Versus estimates

Revenue

Q1 2026$292.0MBeat by $3.4M Q4 2025$282.9MBeat by $6.9M Q3 2025$271.7MBeat by $11.4M

Q2 2025$252.3MMiss by $5.0M

Q1 2025$230.7MBeat by $7.6M Q4 2024$209.6MBeat by $4.1M

Diluted EPS

Q1 2026$0.89Beat by $0.10 Q4 2025$0.94Beat by $0.15 Q3 2025$0.95Beat by $0.19

Q2 2025$0.91Beat by $0.36

Q1 2025$0.72Beat by $0.20 Q4 2024$0.31Miss by $0.17

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Questions, answered.

When did Duolingo report Q2 2025 earnings?: Duolingo (DUOL) reported Q2 2025 earnings on August 6, 2025 after market close.
What were Duolingo's Q2 2025 revenue and EPS?: Duolingo reported revenue of $252.3M and eps of $0.91 for Q2 2025.
Did Duolingo beat estimates in Q2 2025?: Revenue missed the consensus estimate of $257.2M by $5.0M. EPS beat the consensus estimate of $0.55 by $0.36.
How did Duolingo's Q2 2025 results compare year-over-year?: Compared to the same quarter a year prior, revenue grew 41.5% from $178.3M a year earlier and eps grew 78.4% from $0.51.
Where can I find Duolingo's Q2 2025 SEC filings?: You can read the 10-Q periodic report (0001562088-25-000168) directly on SEC EDGAR. The filing index links above go to sec.gov.