Duolingo, Inc. (DUOL) Q3 2026 Earnings Call Transcript

(DUOL) Q3 2026 Earnings Call November 3, 2026 5:00 PM EST Deborah Belevan - VP of Investor RelationsLuis von Ahn Arellano - Co-Founder, Chairman of the Board, President & CEOGilian Munson - Chief Financial Officer Ygal Arounian - Wedbush Securities Inc., Research DivisionWyatt Swanson - D.A.
Davidson & Co., Research DivisionRyan MacDonald - Needham & Company, LLC, Research DivisionShweta Khajuria - Wolfe Research, LLCBryan Smilek - JPMorgan Chase & Co, Research DivisionMark Stephen Mahaney - Evercore ISI Institutional Equities, Research DivisionOmar Dessouky - BofA Securities, Research DivisionJamesmichael Sherman-Lewis - Citigroup Inc., Research DivisionJustin Patterson - KeyBanc Capital Markets Inc., Research DivisionAlec Brondolo - Wells Fargo Securities, LLC, Research DivisionAndrew Boone - Citizens JMP Securities, LLC, Research DivisionAlexander Sklar - Raymond James & Associates, Inc., Research DivisionRoss Sandler - Barclays Bank PLC, Research DivisionNathaniel Feather - Morgan Stanley, Research DivisionArvind Ramnani - Truist Securities, Inc., Research DivisionRalph Schackart - William Blair & Company L.L.C., Research Division Good evening, everyone, and welcome to Duolingo's Q3 earnings webcast.
Today, after market close, we released this quarter's shareholder letter, a copy of which you can find on our website at investors.duolingo.com.
On today's call, we have Luis von Ahn, our Co-Founder and CEO; and Gillian Munson, our CFO.
They will begin with prepared remarks before we open the call for questions.
Please note that this call is being recorded [Operator Instructions].
Before we begin, please note that we will make forward-looking statements regarding future events and financial performance.
These statements are subject to risks and uncertainties described in our SEC filings and are based on our assumptions we believe to be reasonable as of today.
We undertake no obligation to update them.
We will also discuss both GAAP and non-GAAP financial.
| Product | Price | Change |
|---|---|---|
| Brent Crude | $102.14/bbl | +0.34% |
| WTI Crude | $96.90/bbl | +0.21% |
| EN590 Diesel | $846/MT | +0.18% |
| Jet Fuel A-1 | $1090/MT | +0.55% |
| Mazut M100 | $450/MT | -0.15% |
| Bitumen 60/70 | $470/MT | +0.08% |
| Sulphur Gran 99.5% | $470/MT | -0.44% |
| Urea 46% Gran | $650/MT | +1.12% |
| NPK 16-16-16 | $460/MT | -0.28% |
| Nat Gas TTF | $15.42/MMBtu | +0.92% |
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