What Duolingo's latest 10-Q says: 4 signals
Duolingo filed its latest 10-Q with the SEC on Aug 5, 2026. It discusses AI investment, capex increase and margin pressure.
Public (DUOL)Software Development1,001 to 5,000 employeesduolingo.comLinkedIn
- Filed
- Aug 5, 2026
- Filings
- 1
- Signals
- 4
10-Q · latest 4
What Duolingo's 10-Q filings say
- SEC EDGAR
10-Q
Filed · 4 signals
Duolingo discloses critical reliance on Apple, Google, and Stripe for revenue and distribution.
The company is highly dependent on third-party platforms like Apple's App Store and the Google Play Store for product distribution and revenue collection, creating a significant concentration risk.
cloudAIAppleGoogle
Duolingo boosts R&D spend by 18% ($11M) to develop new AI-powered features
The company increased R&D spending year-over-year, driven by investment in engineering and product teams to build new features.
$11M
Quarter-over-quarter increase in Research and Development expense
18%
Quarter-over-quarter percentage increase in Research and Development expense
AImachine learning
Duolingo boosts Q2 R&D spend by 13% to $88M, driven by hiring and software costs.
The company increased R&D expense by $10.1 million, primarily for hiring personnel ($7.9M) and for third-party contractors and software ($1.2M).
$10.1M
YoY increase in R&D expense for Q2
13%
YoY percentage increase in R&D expense for Q2
AImachine learning
Foreign currency rate changes create income volatility, causing a $2.1M negative swing.
The company's net income is being impacted by foreign currency fluctuations, which turned a $1.7M gain last year into a $0.4M loss this quarter.
$2.1M
Negative swing in 'Other (expense) income, net' due to foreign currency changes (from +$1.7M to -$0.4M)
Earnings calls
Duolingo earnings headlines
From earnings call transcripts (Signal API type earnings-transcripts).
| Call date | What the company said |
|---|---|
| Pivoting strategy to invest heavily in AI for long-term growth.The CEO has rallied the company around a strategic shift to prioritize long-term investment in AI-driven teaching efficacy, believing it will fundamentally transform education and unlock a user base in the billions. | |
| Announces major upcoming product revamps and new feature launches.The company is launching a slate of new product initiatives, including 'guided video calls' for beginners, enhanced social features, a player-vs-player chess mode, a revamped music course, and significantly expanded content for math and top languages. | |
| Experiencing rapid growth in Asia, with China becoming second-largest market.Asia is the company's fastest-growing region, with China now its second-largest country by daily active users. They are preparing to launch their premium AI-powered 'Max' subscription in China, signaling a significant focus on international growth. | |
| Shifting decision-making to prioritize user growth over immediate monetization gainsLeadership has implemented a strategic shift to prioritize user growth over monetization in experiments where the two conflict. This change in internal decision-making opens the door for solutions that can demonstrate a clear, positive impact on user acquisition and retention, even if the monetization impact is longer-term. | |
| Prioritizing AI product experience over cost optimization.Leadership is not focused on optimizing AI compute costs, as the top priority is creating the best user experience. This indicates they have sufficient budget and are willing to spend to achieve their product goals, especially since AI features are profitable within the 'Max' tier. | |
| Acknowledging competitive threat from large language models like ChatGPTThe CEO directly addressed the competitive narrative around ChatGPT, positioning Duolingo's value in long-term engagement and structured curriculum. This awareness indicates they are actively seeking ways to fortify their competitive moat, creating opportunities for vendors that can enhance user stickiness and learning outcomes. |
Signal API · MCP
Track Duolingo with the Signal API
One POST /v1/companies/enrich call with duolingo.com returns Duolingo 10-Q signals (sec-10q), each with its source. Or ask Claude through MCP.
2 credits per signal returned; zero-result calls are free. Endpoint reference
curl -X POST https://signals.autobound.ai/v1/companies/enrich \
-H "X-API-KEY: $AUTOBOUND_API_KEY" \
-H "Content-Type: application/json" \
-d '{"domain":"duolingo.com","signal_types":["sec-10q"],"limit":20}'Same industry
10-Q at related companies
Questions about Duolingo 10-Q
When did Duolingo file its latest 10-Q?
What did Duolingo disclose in its latest 10-Q?
What did Duolingo say on its recent earnings calls?
Where can I read Duolingo's 10-Q filing?
Source. Quarterly reports (Form 10-Q) filed with the SEC. Every card links to the filing on EDGAR.
Method. Insights are extracted from the filing text and grouped by category. Numbers are quoted from the filing.
Data as of .