Aug 5, 2026
Duolingo shares fall 12% as conservative Q3 revenue outlook overshadows strong 23% user growth
Duolingo Inc. reported second-quarter 2026 revenue of $298.5 million, up 18.3% year-over-year, and 23% daily active user growth. However, shares fell as much as 12% after the company issued third-quarter revenue guidance below Wall Street expectations, prioritizing user engagement over near-term monetization.
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