
• Reported GAAP EPS of $0.91 up 193.55% YoY • Reported revenue of $282.87M up 34.99% YoY
Bullish
Duolingo closed 2025 with strong momentum, surpassing 50 million daily active users and over $1B in bookings. Duolingo is prioritizing user growth and AI in 2026, and authorized a $400 million share repurchase program.
Bearish
Duolingo's strategic focus on user growth is expected to moderate near-term financial growth. The share repurchase program is discretionary, and Duolingo faces risks from reliance on third-party platforms for distribution and hosting.