Duolingo Finishes 2024 with 51% DAUs growth, more than 40 Million DAUs, and Record Revenue in the Fourth Quarter

Core Insights - Duolingo achieved record quarterly bookings, revenue, daily active users (DAUs), and net new subscribers in Q4 2024, reflecting the effectiveness of its product-led strategy and focus on user engagement [2] - The company plans to continue investing in product development and features like Video Call to enhance user engagement and drive growth in 2025 [2] Financial Performance - The fourth quarter of 2024 marked the highest performance in terms of bookings and revenue for Duolingo, indicating strong market demand and user adoption [2] - The company emphasizes its commitment to long-term growth through strategic investments in its platform and user experience [2] Company Overview - Duolingo is recognized as the leading mobile learning platform globally, with its app being the most popular for language learning and the top-grossing app in the Education category on major app stores [4] - The company focuses on leveraging technology to provide an engaging and effective learning experience, aligning with its mission to make quality education universally accessible [4]