Duolingo (DUOL) Q2 FY26 earnings call

Duolingo delivered a strong Q2 FY26, marked by accelerating daily active user growth and an all-time high in user retention, driven by continuous product improvements and strategic marketing. The company raised its full-year adjusted EBITDA outlook due to AI cost efficiencies, while maintaining bookings and revenue guidance to prioritize user expansion towards its 100 million DAU target by 2028. Management is exploring new monetization avenues like ad-supported tiers and expanded free trials, balancing revenue generation with its mission of universal education access.