Duolingo, Inc. (NASDAQ:DUOL) Q2 2022 Earnings Conference Call August 4, 2022 5:30 PM ET

Company Participants

Deborah Belevan - VP of Investor Relations

Luis von Ahn - Co-founder, Chief Executive Officer & Board Chairman

Matthew Skaruppa - Chief Financial Officer

Robert Meese - Chief Business Officer

Conference Call Participants

Andrew Boone - JMP Securities

Eric Sheridan - Goldman Sachs

Ralph Schackart - William Blair

Ryan MacDonald - Needham

Justin Patterson - KeyBanc

Aaron Kessler - Raymond James

Mario Lu - Barclays

Arvind Ramnani - Piper Sandler

Mark Mahaney - Evercore

Deborah Belevan

Good afternoon and welcome to Duolingo's Second Quarter 2022 Earnings Webcast. Today after market close, we released our quarterly shareholder letter with our Q2 results and commentary which you can find on our IR website at investors.duolingo.com.

With me today are Luis von Ahn, our Co-founder and CEO; Matt Skaruppa, our CFO; and Bob Meese, our Chief Business Officer. They'll begin with some brief remarks before opening the call to Q&A. [Operator Instructions].

Please note that this event is being recorded. And just a reminder that we will make forward-looking statements regarding future events and financial performance, which are subject to material risks and uncertainties and have been set forth in the risk factors of our SEC filings.

These forward-looking statements are based on assumptions that we believe to be reasonable as of today, and we have no obligation to update these statements as a result of new information or future events. And additionally, we will present both GAAP and non-GAAP financial measures on today's call. These non-GAAP measures are not intended to be considered in isolation from, a substitute for or superior to our GAAP results, and we encourage you to consider all measures when analyzing our performance.

And with that, I will turn the call over to Luis.

Luis von Ahn

Thank you, Debbie, and welcome, everyone. So we went public just over a year ago. And as part of that process, I wrote a letter to lay out my vision for what this company will do. It was a short letter and the whole thing said this. I'm just going to read it.

The main thing you need to know is that I plan to dedicate my life to building a future in which through technology, every person on this planet has access to the best quality of education. And not only that, but a future in which people want to spend their time learning. Duolingo is the platform for building that future, and we are just getting started.