Duolingo reported Q3 2025 revenue of $271.7 million, a 41% increase year-over-year.
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Daily active users grew 36% to 50.5 million, while paid subscribers increased 34% to 11.5 million.
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Adjusted EBITDA reached $80 million, representing a 29.5% margin, supported by operating leverage and a one-time tax benefit.
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Management projects fiscal-year 2025 bookings growth of 33% and revenue growth of approximately 38%.
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Free cash flow rose to $77.4 million in Q3 2025, up from $51.2 million in the same period last year.
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The company utilizes an internally developed, non-validated analytics platform for core metrics, noting that these figures may not be directly comparable to industry peers.
Insights
01
Duolingo reported Q3 2025 revenue of $271.7 million, a 41% increase year-over-year.
02
Daily active users grew 36% to 50.5 million, while paid subscribers increased 34% to 11.5 million.
03
Adjusted EBITDA reached $80 million, representing a 29.5% margin, supported by operating leverage and a one-time tax benefit.
04
Management projects fiscal-year 2025 bookings growth of 33% and revenue growth of approximately 38%.
05
Free cash flow rose to $77.4 million in Q3 2025, up from $51.2 million in the same period last year.
06
The company utilizes an internally developed, non-validated analytics platform for core metrics, noting that these figures may not be directly comparable to industry peers.