StocksMedium•4 November 2026•
1 min read
Duolingo Stock Surges 31% on Record User Growth and Earnings Beat
Key Facts
1Duolingo shares rose 31% after daily active users grew 29% year-over-year to 64.9 million.
2The company reported Q3 revenue of $309 million, surpassing estimates, with earnings per share of $0.58.
3Duolingo raised its 2026 revenue outlook to $1.22 billion.
Duolingo shares rose 31% after daily active users grew 29% year-over-year to 64.9 million. Yahoo Finance reported that the company generated $309 million in Q3 revenue, surpassing estimates as paid subscribers increased by 14%.
DUOL shares closed at $128 on November 3, 2026, prior to the release of financial results showing earnings per share of $0.58. Following the performance, Duolingo raised its full-year 2026 revenue outlook to $1.22 billion.