DUOLINGO $DUOL Q3’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $309.0M (Est. $303M) 🟢; +14% YoY 🔹 EPS: $0.54 (Est. $0.56) 🔴; -91% YoY Raises FY26 Guide: 🔹 Revenue: $1.2B (Est. $1.21B) 🟢 🔹 Bookings: $1.3B 🔹 Adjusted EBITDA: $323M; 26.5% margin Q4 Guide: 🔹 Revenue: $322M (Est. $314M) 🟢 🔹 Bookings: $382M 🔹 Adjusted EBITDA: $84M; 26.1% margin Other Q3 Metrics: 🔹 Gross Margin: 72.9% (Est. 70.9%) 🟢; +40 bps YoY 🔹 FCF: $75.3M (Est. $50.2M) 🟢; -3% YoY 🔹 DAUs: 64.9M (Est. 63.49M) 🟢; +29% YoY 🔹 MAUs: 153.1M (Est. 148.53M) 🟢; +13% YoY 🔹 Bookings: $316.1M (Est. $309.05M) 🟢; +12% YoY Key Updates: 🔹 Max Sunset: New Max subscriptions stop this month; existing individual subscribers move to Super family plans 🔹 Video Call: On track to reach all Super subscribers by year-end Comments: