Duolingo drops after co maintains annual revenue forecast

Duolingo

04/05/2026 21:27

** Shares of language-learning platform Duolingo DUOL.O down 11% at $98.00 after the bell

** Co posts strong first-quarter results but signals a more measured growth trajectory ahead, as the language-learning app prioritizes user engagement and product improvements over near-term monetization

** Co largely maintains its full-year revenue expectation, projecting revenue of about $1.21 billion, in line with analyst expectations, with growth of roughly 16%- data compiled by LSEG

** Reports Q1 revenue of $292.0 million beating analysts' estimates of $288.5 million

** Total bookings for Q1 grew 14% to $308.5 million, beating estimates of $301.7 million

** Co expects bookings growth of about 10.5% for the year, with a slower pace in the second quarter before accelerating later in 2026

** As of Monday's last close, stock down 37% YTD

 (Reporting by Koyena Das from Bengaluru)

 ((Koyena.das@thomsonreuters.com))