Duolingo (DUOL) Plunges After Soft Q4 Bookings Outlook Despite Q3 Beat; Daily Users Top 50 Million — What to Know Today (Nov. 6, 2025)
Duolingo reported Q3 revenue of $271.7 million, topping estimates and raising FY25 guidance, but issued a Q4 bookings outlook of $329.5–$335.5 million, below consensus. Shares fell about 20% after hours and slid as much as 26% premarket. Daily active users hit 50 million, up 36% year over year. Q3 gross margin reached 72.5%, with the CEO citing profitable AI features.