Third-quarter revenue is now anticipated to come in at $302 million, compared to consensus forecasts of $303.9 million. Daily active users grew 23% to 58.7 million, accelerating from first quarter growth and exceeding company expectations. We continued to execute our 2026 strategy of prioritizing user growth and teaching better," said CEO Luis von Ahn in a statement. The margin compression reflects the company's deliberate investment in user growth. (Scott Kanowsky contributed reporting)Related articlesDuolingo falls on weak revenue guidance despite second-quarter income beatGoldman expects lower but still attractive stock market returns in 2026Wolfe Research outlines eight risks that could spark stock declines in 2026