Twilio Inc. (TWLO)

Twilio Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	4,194	4,154	3,826	2,842	1,762	1,134
Revenue Growth (YoY)	5.99%	8.56%	34.64%	61.31%	55.30%	74.52%
Cost of Revenue	2,097	2,110	2,013	1,451	846.12	525.55
Gross Profit	2,097	2,044	1,814	1,391	915.66	608.92
Selling, General & Admin	1,445	1,491	1,765	1,517	878.01	587.35
Research & Development	955.81	942.79	1,079	789.22	530.55	391.36
Other Operating Expenses	352.46	486.24	174.36	0	0	0
Operating Expenses	2,753	2,920	3,019	2,306	1,409	978.7
Operating Income	-655.96	-876.54	-1,205.31	-915.58	-492.9	-369.79
Other Expense / Income	54.26	120.19	38.32	45.35	11.53	-7.57
Pretax Income	-710.22	-996.73	-1,243.63	-960.93	-504.43	-362.22
Income Tax	18.43	18.71	12.51	-11.03	-13.45	-55.15
Net Income	-728.65	-1,015.44	-1,256.15	-949.9	-490.98	-307.06
Shares Outstanding (Basic)	181	183	183	174	147	130
Shares Outstanding (Diluted)	181	183	183	174	147	130
Shares Change	-2.89%	0.18%	5.06%	18.73%	12.78%	33.93%
EPS (Basic)	-4.00	-5.54	-6.86	-5.45	-3.35	-2.36
EPS (Diluted)	-4.00	-5.54	-6.86	-5.45	-3.35	-2.36
Free Cash Flow	655.29	363.52	-334.55	-148.21	-26.48	-53.24
Free Cash Flow Per Share	3.62	1.98	-1.83	-0.85	-0.18	-0.41
Gross Margin	50.00%	49.20%	47.40%	48.94%	51.97%	53.67%
Operating Margin	-15.64%	-21.10%	-31.50%	-32.22%	-27.98%	-32.60%
Profit Margin	-17.37%	-24.45%	-32.83%	-33.43%	-27.87%	-27.07%
Free Cash Flow Margin	15.62%	8.75%	-8.74%	-5.22%	-1.50%	-4.69%
EBITDA	-443.88	-712.32	-964.51	-702.55	-354.77	-251.79
EBITDA Margin	-10.58%	-17.15%	-25.21%	-24.72%	-20.14%	-22.19%
Depreciation & Amortization	266.34	284.41	279.13	258.38	149.66	110.43
EBIT	-710.22	-996.73	-1,243.63	-960.93	-504.43	-362.22
EBIT Margin	-16.93%	-23.99%	-32.50%	-33.81%	-28.63%	-31.93%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).