TWILIO INC. financials
Source: EDGAR filings · Built 2026-06-04T02:31:30Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | — | — | — | — | -104.24M | -1.95M |
| EBITDA | 353.25M | 152.28M | -592.13M | -926.18M | -657.21M | -343.24M |
| Working Capital | 2.69B | 2.63B | 4.17B | 4.18B | 5.23B | 2.92B |
| Net Debt | 399.24M | 688.85M | 521.34M | 587.56M | -192.47M | -326.66M |
| Gross Margin | 48.92% | 51.10% | 49.20% | 47.40% | 48.94% | 51.97% |
| Operating Margin | 3.11% | -1.20% | -21.10% | -31.50% | -32.22% | -27.98% |
| Net Margin | 0.67% | -2.45% | -24.45% | -32.83% | -33.43% | -27.87% |
| Return on Equity (ROE) | 0.43% | -1.38% | -10.43% | -11.90% | -8.61% | -5.81% |
| Return on Assets (ROA) | 0.35% | -1.11% | -8.75% | -10.00% | -7.31% | -5.17% |
| Current Ratio | 4.03× | 4.20× | 6.64× | 6.17× | 8.43× | 7.52× |
| Debt-to-Equity | 0.14× | 0.14× | 0.12× | 0.12× | 0.12× | 0.07× |
| Effective Tax Rate | 38.59% | -23.46% | -1.88% | -1.01% | 1.15% | 2.67% |
| Cash Conversion Ratio | 29.65× | -6.55× | -0.41× | 0.20× | 0.06× | -0.07× |
| Accruals Ratio | -0.10× | -0.08× | -0.12× | -0.08× | -0.07× | -0.06× |
| SBC % of Revenue | 11.85% | 13.83% | 16.27% | 20.87% | 22.25% | 20.49% |
| CapEx Coverage | — | — | — | — | -1.26× | 0.94× |
| Free Cash Flow Per Share | — | — | — | — | $-0.60 | $-0.01 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 677.33× | — | — | — | — | — |
| EV / EBITDA | 62.50× | 112.84× | — | — | — | — |
| P/S | 4.28× | 3.70× | 3.32× | 2.38× | 16.72× | 31.52× |
| P/B | 2.77× | 2.07× | 1.42× | 0.86× | 4.31× | 6.57× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 5.07B | 4.46B | 4.15B | 3.83B | 2.84B | 1.76B |
| Cost of Revenue | 2.59B | 2.18B | 2.11B | 2.01B | 1.45B | 846.12M |
| Gross Profit | 2.48B | 2.28B | 2.04B | 1.81B | 1.39B | 915.66M |
| Research and Development Expense | 1.02B | 1.01B | 942.79M | 1.08B | 789.22M | 530.55M |
| Operating Expenses | 2.32B | 2.33B | 2.92B | 3.02B | 2.31B | 1.41B |
| Operating Income (Loss) | 157.80M | -53.71M | -876.54M | -1.21B | -915.58M | -492.90M |
| Income Tax Expense (Benefit) | 21.26M | 20.79M | 18.71M | 12.51M | -11.03M | -13.45M |
| Net Income (Loss) Attributable to Parent | 33.83M | -109.40M | -1.02B | -1.26B | -949.90M | -490.98M |
| Earnings Per Share, Basic | $0.22 | $-0.66 | $-5.54 | $-6.86 | $-5.45 | $-3.35 |
| Weighted Average Number of Shares Outstanding, Basic | 152.99M | 165.93M | 183.33M | 182.99M | 174.18M | 146.71M |
| Earnings Per Share, Diluted | $0.21 | $-0.66 | $-5.54 | $-6.86 | $-5.45 | $-3.35 |
| Weighted Average Number of Shares Outstanding, Diluted | 159.79M | 165.93M | 183.33M | 182.99M | 174.18M | 146.71M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 682.34M | 421.30M | 655.93M | 651.75M | 1.48B | 933.88M |
| Assets, Current | 3.58B | 3.45B | 4.90B | 4.98B | 5.93B | 3.37B |
| Assets | 9.77B | 9.87B | 11.61B | 12.56B | 13.00B | 9.49B |
| Long-term Debt | 992.29M | 990.59M | 988.95M | 987.38M | 985.91M | 302.07M |
| Liabilities, Current | 887.01M | 820.22M | 738.30M | 808.16M | 703.55M | 448.31M |
| Liabilities | 1.95B | 1.91B | 1.88B | 2.01B | 1.97B | 1.03B |
| Stockholders' Equity Attributable to Parent | 7.82B | 7.95B | 9.73B | 10.56B | 11.03B | 8.45B |
| Common Stock, Shares, Outstanding | 152.41M | 152.61M | 181.95M | 185.98M | 180.47M | 164.05M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 1.00B | 716.24M | 414.75M | -254.37M | -58.19M | 32.65M |
| Payments to Acquire Property, Plant, and Equipment | — | — | — | — | 46.05M | 25.80M |
| Net Cash Provided by (Used in) Investing Activities | 80.95M | 1.37B | 228.60M | -616.45M | -2.49B | -845.86M |
| Payments for Repurchase of Common Stock | 868.94M | 2.33B | 668.75M | 0 | 0 | — |
| Net Cash Provided by (Used in) Financing Activities | -833.10M | -2.31B | -643.61M | 45.01M | 3.10B | 1.49B |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| EBITDA | 141.83M | 104.33M | — | — | 72.65M | 63.54M |
| Working Capital | 2.71B | 2.69B | 2.74B | 2.81B | 2.74B | 2.63B |
| Net Debt | 526.15M | 399.24M | 360.00M | 133.36M | 633.85M | 688.85M |
| Gross Margin | 48.63% | 48.49% | 48.61% | 49.07% | 49.60% | 50.19% |
| Operating Margin | 7.65% | 4.16% | 3.15% | 3.01% | 1.97% | 1.15% |
| Net Margin | 6.41% | -3.36% | 2.86% | 1.83% | 1.71% | -1.04% |
| Return on Equity (ROE) | 1.16% | -0.59% | 0.47% | 0.28% | 0.25% | -0.16% |
| Return on Assets (ROA) | 0.94% | -0.47% | 0.38% | 0.23% | 0.20% | -0.13% |
| Current Ratio | 4.66× | 4.03× | 4.68× | 4.90× | 4.78× | 4.20× |
| Debt-to-Equity | 0.14× | 0.14× | 0.14× | 0.14× | 0.14× | 0.14× |
| Effective Tax Rate | 11.83% | -21.42% | -13.96% | 33.25% | 24.70% | 8.02% |
| Cash Conversion Ratio | 1.70× | -5.92× | 19.64× | 20.88× | 9.54× | -8.70× |
| Accruals Ratio | -0.01× | -0.03× | -0.07× | -0.05× | -0.02× | -0.01× |
| SBC % of Revenue | 9.70% | 11.25% | 12.16% | 12.15% | 11.88% | 13.04% |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 193.57× | 711.20× | 250.22× | 1130.55× | — | — |
| P/S | 3.60× | 4.28× | 3.10× | 4.03× | 3.26× | 3.70× |
| P/B | 2.45× | 2.77× | 1.92× | 2.37× | 1.87× | 2.07× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 1.41B | 1.37B | 1.30B | 1.23B | 1.17B | 1.19B |
| Cost of Revenue | 722.66M | 703.58M | 668.33M | 625.68M | 590.90M | 595.14M |
| Gross Profit | 684.24M | 662.35M | 632.08M | 602.74M | 581.57M | 599.70M |
| Research and Development Expense | 262.17M | 260.06M | 262.31M | 243.50M | 254.29M | 243.99M |
| Operating Expenses | 576.58M | 605.57M | 591.13M | 565.75M | 558.49M | 585.97M |
| Operating Income (Loss) | 107.67M | 56.78M | 40.95M | 36.99M | 23.08M | 13.73M |
| Income Tax Expense (Benefit) | 12.09M | 8.09M | -4.56M | 11.17M | 6.57M | -1.09M |
| Net Income (Loss) Attributable to Parent | 90.14M | -45.85M | 37.25M | 22.42M | 20.02M | -12.47M |
| Earnings Per Share, Basic | $0.59 | $-0.30 | $0.24 | $0.15 | $0.13 | $-0.09 |
| Weighted Average Number of Shares Outstanding, Basic | 152.42M | 152.99M | 153.12M | 153.23M | 153.35M | 165.93M |
| Earnings Per Share, Diluted | $0.57 | $-0.29 | $0.23 | $0.14 | $0.12 | $-0.09 |
| Weighted Average Number of Shares Outstanding, Diluted | 157.76M | 159.79M | 159.21M | 159.69M | 161.79M | 165.93M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 541.98M | 682.34M | 734.84M | 969.23M | 467.09M | 421.30M |
| Assets, Current | 3.45B | 3.58B | 3.48B | 3.53B | 3.47B | 3.45B |
| Assets | 9.58B | 9.77B | 9.71B | 9.85B | 9.81B | 9.87B |
| Long-term Debt | 992.72M | 992.29M | 991.86M | 991.43M | 991.01M | 990.59M |
| Liabilities, Current | 740.33M | 887.01M | 742.29M | 720.06M | 725.94M | 820.22M |
| Liabilities | 1.79B | 1.95B | 1.82B | 1.80B | 1.81B | 1.91B |
| Stockholders' Equity Attributable to Parent | 7.78B | 7.82B | 7.90B | 8.04B | 8.00B | 7.95B |
| Common Stock, Shares, Outstanding | — | 152.41M | — | — | — | 152.61M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 153.21M | 271.56M | 731.69M | 468.13M | 191.04M | 108.45M |
| Net Cash Provided by (Used in) Investing Activities | -41.19M | -140.43M | 221.38M | 382.88M | -19.14M | 129.10M |
| Payments for Repurchase of Common Stock | 253.03M | 198.47M | 670.47M | 323.25M | 126.26M | 420.12M |
| Net Cash Provided by (Used in) Financing Activities | -252.57M | -183.44M | -649.66M | -301.71M | -125.79M | -407.77M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (TWLO CIK 0001447669),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.