Duolingo, Inc. (DUOL) Q2 2026 Earnings Call

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WEBVTT 00:00:00.071 -- 00:00:04.292 Everybody Everybody Everybody Everybody 00:00:05.653 -- 00:00:07.653 Everybody 00:00:07.894 -- 00:00:09.894 Everybody 00:00:11.436 -- 00:00:15.236 Everybody Everybody Everybody Everybody 00:00:41.896 -- 00:00:46.057 Good evening, everyone, and welcome to Duolingo's second quarter earnings webcast. 00:00:46.057 -- 00:00:50.018 Today, after market close, we released this quarter's shareholder letter, a copy of which 00:00:50.018 -- 00:00:53.718 you can find on our IR website at investors.duolingo.com. 00:00:54.139 -- 00:00:58.340 On today's call, we have Luis Von Ahn, our co-founder and CEO, and Gillian Munson, our 00:00:58.340 -- 00:01:03.028 CFO. They'll begin with prepared remarks before we open the call for questions. 00:01:03.028 -- 00:01:06.170 Analysts may ask a question by using the raise hand feature. 00:01:06.170 -- 00:01:10.333 And please note this call is being recorded and all participants are currently in listen-only 00:01:10.333 -- 00:01:14.476 mode. Before we begin, please note that we'll make forward-looking statements regarding 00:01:14.476 -- 00:01:19.079 future events and financial performance. These statements are subject to risks and uncertainties 00:01:19.079 -- 00:01:23.142 described in our SEC filings and are based on assumptions we believe to be reasonable 00:01:23.142 -- 00:01:26.667 as of today. And we undertake no obligation to update them. 00:01:26.667 -- 00:01:30.010 We'll also discuss both gap and non-gap financial measures. 00:01:30.010 -- 00:01:34.355 Reconciliations of the two can be found in our earnings materials, and we encourage you 00:01:34.355 -- 00:01:36.817 to review them when evaluating our performance. 00:01:36.817 -- 00:01:40.059 And now I will turn it over to Luis. 00:01:42.783 -- 00:01:...