
Duolingo, Inc. is choosing growth over cash—and Wall Street isn’t clapping
TL;DR
Quick Summary
- Duolingo’s 2025 results were strong: $1.04B revenue, 52.7M daily active users, and $360.4M free cash flow.
- For 2026, the company is guiding to slower growth (revenue up 15%–18%) and lower margins (adjusted EBITDA margin around 25%) as it prioritizes user growth.
- Management’s north star is scale: a goal of 100M daily active users by 2028, plus a new $400M share repurchase authorization.
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Disclaimer: KAHROS is a financial media and technology company. The Services, including any AI-generated content and articles, are for informational purposes only and do not constitute financial, legal, tax, or investment advice, nor an offer or solicitation to buy or sell any securities. Market information may be time-sensitive, incomplete, or subject to change without notice. We are not a registered broker-dealer or investment advisor. Please refer to our Terms of Service for more details.

