Duolingo Surprises With Record Growth and AI Initiative.
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Duolingo (DUOL) is a global EdTech platform with a freemium model. The basic version is free, monetization occurs through advertising and premium subscriptions ("Super" and "Max"). Max offers AI-powered features such as video calls, role-playing, and detailed feedback. The company reported quarterly earnings on Thursday evening (May 1): Duolingo showed exceptionally strong growth in Q1, exceeding all expectations. Revenue rose by 38% to $230.7 million, and the adjusted EPS was $0.72, significantly above forecasts. The number of paying subscribers...
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