Duolingo Q3 2026 net income drops 91% YoY to $27.2 million
DUOL•Duolingo’s Q3 net income fell 91% year over year to $27.2 million, while revenue rose 14% to $309 million and bookings increased 12% to $316.1 million. The company forecast Q4 revenue of $322 million and bookings of $382 million.
1. Quarterly results
Duolingo’s Q3 2026 net income fell 91% year over year to $27.2 million. The year-ago results included a $222.7 million tax benefit. Revenue rose 14% to $309 million, and bookings climbed 12% to $316.1 million.
2. Users and subscriptions
Daily active users grew 29% year over year to 64.9 million, while paid subscribers increased 14% to 13.1 million. Duolingo said it will stop selling new Max subscriptions this month and expand unlimited AI-powered Video Call access to all Super subscribers.
3. Fourth-quarter outlook
Duolingo forecast Q4 2026 revenue of $322 million and bookings of $382 million.
