Twilio Inc. (TWLO)

Accolade 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	4,583	4,458	4,154	3,826	2,842	1,762
Revenue Growth (YoY)	9.28%	7.32%	8.56%	34.64%	61.30%	55.30%
Cost of Revenue	2,266	2,179	2,109	2,012	1,451	846.12
Gross Profit	2,317	2,279	2,045	1,814	1,391	915.66
Selling, General & Admin	1,287	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	1.27	1.13	0.7	0.54	-	-
Operating Expenses	2,291	2,320	2,429	2,842	2,299	1,387
Operating Income	26.15	-40.44	-384.75	-1,028	-908.14	-471.14
Interest & Investment Income	81.9	90.2	77.7	64.6	55.7	32.4
Earnings From Equity Investments	-98.38	-108.48	-121.9	-35.32	-	-
Other Non Operating Income (Expenses)	-5.05	-8.4	-29.84	-67.61	-72.08	-31.06
EBT Excluding Unusual Items	4.63	-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	-16.87	-88.61	-996.73	-1,244	-960.93	-504.43
Income Tax Expense	17.17	20.79	18.71	12.51	-11.03	-13.45
Net Income	-34.04	-109.4	-1,015	-1,256	-949.9	-490.98
Net Income to Common	-34.04	-109.4	-1,015	-1,256	-949.9	-490.98
Shares Outstanding (Basic)	159	166	183	183	174	147
Shares Outstanding (Diluted)	159	166	183	183	174	147
Shares Change (YoY)	-12.63%	-9.49%	0.18%	5.06%	18.73%	12.78%
EPS (Basic)	-0.21	-0.66	-5.54	-6.86	-5.45	-3.35
EPS (Diluted)	-0.21	-0.66	-5.54	-6.86	-5.45	-3.35
Free Cash Flow	710.69	709.26	403.44	-288.79	-104.24	6.85
Free Cash Flow Per Share	4.47	4.28	2.20	-1.58	-0.60	0.05
Gross Margin	50.55%	51.13%	49.22%	47.41%	48.94%	51.97%
Operating Margin	0.57%	-0.91%	-9.26%	-26.88%	-31.96%	-26.74%
Profit Margin	-0.74%	-2.45%	-24.45%	-32.83%	-33.43%	-27.87%
Free Cash Flow Margin	15.51%	15.91%	9.71%	-7.55%	-3.67%	0.39%
EBITDA	228.38	165.55	-100.34	-749.2	-649.76	-321.48
EBITDA Margin	4.98%	3.71%	-2.42%	-19.58%	-22.86%	-18.25%
D&A For EBITDA	202.23	205.98	284.41	279.13	258.38	149.66
EBIT	26.15	-40.44	-384.75	-1,028	-908.14	-471.14
EBIT Margin	0.57%	-0.91%	-9.26%	-26.88%	-31.96%	-26.74%
Advertising Expenses	-	48.7	71.1	92.6	78.8	47.2

Updated May 1, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q