Company Participants
Deborah Belevan – VP of Investor Relations
Luis von Ahn Arellano – Co-Founder, Chairman of the Board, President & CEO
Gilian Munson – Chief Financial Officer
Conference Call Participants
Wyatt Swanson – D.A. Davidson & Co., Research Division
Ross Sandler – Barclays Bank PLC, Research Division
Andrew Boone – Citizens JMP Securities, LLC, Research Division
Eric Sheridan – Goldman Sachs Group, Inc., Research Division
Bryan Smilek – JPMorgan Chase & Co, Research Division
Nathaniel Feather – Morgan Stanley, Research Division
Ryan MacDonald – Needham & Company, LLC, Research Division
Ralph Schackart – William Blair & Company L.L.C., Research Division
Mark Stephen Mahaney – Evercore ISI Institutional Equities, Research Division
Justin Patterson – KeyBanc Capital Markets Inc., Research Division
John Colantuoni – Jefferies LLC, Research Division
Shweta Khajuria – Wolfe Research, LLC
Omar Dessouky – BofA Securities, Research Division
Alec Brondolo – Wells Fargo Securities, LLC, Research Division
Alexander Sklar – Raymond James & Associates, Inc., Research Division
Presentation
Deborah Belevan
VP of Investor Relations
Good evening, everyone, and welcome to Duolingo’s First Quarter 2026 Earnings Webcast. Today after market closed, we released this quarter’s shareholder letter, a copy of which you can find on our IR 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’ll begin with prepared remarks before we open the call for questions. [Operator Instructions]. Please note this call is being recorded and all participants are currently in listen-only mode.
Before we begin, please note we’ll make some 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’ll also discuss both GAAP and non-GAAP financial measures. Reconciliations
