Twilio Inc. (TWLO)

Twilio Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	4,729	4,458	4,154	3,826	2,842	1,762
Revenue Growth (YoY)	11.56%	7.32%	8.56%	34.64%	61.30%	55.30%
Cost of Revenue	2,366	2,179	2,109	2,012	1,451	846.12
Gross Profit	2,364	2,279	2,045	1,814	1,391	915.66
Selling, General & Admin	1,277	1,310	1,486	1,763	1,510	856.25
Research & Development	1,003	1,009	942.79	1,079	789.22	530.55
Other Operating Expenses	1.13	1.13	0.7	0.54	-	-
Operating Expenses	2,282	2,320	2,429	2,842	2,299	1,387
Operating Income	82.18	-40.44	-384.75	-1,028	-908.14	-471.14
Interest & Investment Income	63.1	90.2	77.7	64.6	55.7	32.4
Earnings From Equity Investments	-99.66	-108.48	-121.9	-35.32	-	-
Other Non Operating Income (Expenses)	18.84	-8.4	-29.84	-67.61	-72.08	-31.06
EBT Excluding Unusual Items	64.46	-67.12	-458.78	-1,067	-924.52	-469.8
Merger & Restructuring Charges	-13.27	-13.27	-206.09	-176.98	-7.45	-21.77
Gain (Loss) on Sale of Investments	-8.22	-8.22	-46.15	-	-	-
Asset Writedown	-	-	-285.7	-	-	-
Other Unusual Items	-	-	-	-	-28.97	-12.86
Pretax Income	42.97	-88.61	-996.73	-1,244	-960.93	-504.43
Income Tax Expense	22.72	20.79	18.71	12.51	-11.03	-13.45
Net Income	20.24	-109.4	-1,015	-1,256	-949.9	-490.98
Net Income to Common	20.24	-109.4	-1,015	-1,256	-949.9	-490.98
Shares Outstanding (Basic)	155	166	183	183	174	147
Shares Outstanding (Diluted)	158	166	183	183	174	147
Shares Change (YoY)	-11.30%	-9.49%	0.18%	5.06%	18.73%	12.78%
EPS (Basic)	0.13	-0.66	-5.54	-6.86	-5.45	-3.35
EPS (Diluted)	0.13	-0.66	-5.54	-6.86	-5.45	-3.35
Free Cash Flow	774.51	709.26	403.44	-288.79	-104.24	6.85
Free Cash Flow Per Share	4.89	4.28	2.20	-1.58	-0.60	0.05
Gross Margin	49.98%	51.13%	49.22%	47.41%	48.94%	51.97%
Operating Margin	1.74%	-0.91%	-9.26%	-26.88%	-31.96%	-26.74%
Profit Margin	0.43%	-2.45%	-24.45%	-32.83%	-33.43%	-27.87%
Free Cash Flow Margin	16.38%	15.91%	9.71%	-7.55%	-3.67%	0.39%
EBITDA	282.18	165.55	-100.34	-749.2	-649.76	-321.48
EBITDA Margin	5.97%	3.71%	-2.42%	-19.58%	-22.86%	-18.25%
D&A For EBITDA	200	205.98	284.41	279.13	258.38	149.66
EBIT	82.18	-40.44	-384.75	-1,028	-908.14	-471.14
EBIT Margin	1.74%	-0.91%	-9.26%	-26.88%	-31.96%	-26.74%
Advertising Expenses	-	48.7	71.1	92.6	78.8	47.2

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q