Twilio Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	5,302	5,067	4,458	4,154	3,826	2,842
Revenue Growth (YoY)	15.67%	13.66%	7.32%	8.56%	34.64%	61.30%
Cost of Revenue	2,720	2,588	2,180	2,110	2,013	1,451
Gross Profit	2,581	2,479	2,278	2,044	1,814	1,391
Selling, General & Admin	1,294	1,284	1,310	1,491	1,765	1,517
Research & Development	1,028	1,020	1,009	942.79	1,079	789.22
Other Operating Expenses	5.05	16.88	13.27	486.24	174.36	-
Total Operating Expenses	2,327	2,321	2,332	2,920	3,019	2,306
Operating Income	242.39	157.8	-53.71	-876.54	-1,205	-915.58
Total Non-Operating Income (Expense)	-111.64	-102.71	-34.91	-120.19	-38.32	-45.35
Pretax Income	92.98	55.09	-88.61	-996.73	-1,244	-960.93
Provision for Income Taxes	18.7	21.26	20.79	18.71	12.51	-11.03
Net Income	103.96	33.83	-109.4	-1,015	-1,256	-949.9
Net Income to Common	103.96	33.83	-109.4	-1,015	-1,256	-949.9
Shares Outstanding (Basic)	153	153	166	183	183	174
Shares Outstanding (Diluted)	157	160	166	183	183	174
Shares Change (YoY)	-2.42%	-3.70%	-9.49%	0.18%	5.06%	18.73%
EPS (Basic)	0.68	0.22	-0.66	-5.54	-6.86	-5.45
EPS (Diluted)	0.64	0.21	-0.66	-5.54	-6.86	-5.45
Shares Outstanding	152.11	152.41	152.61	181.95	185.98	180.47
Free Cash Flow	956.57	997.4	709.26	403.44	-288.79	-104.24
Free Cash Flow Growth	-4.09%	40.62%	75.80%	-	-	-
Free Cash Flow Per Share	6.08	6.24	4.27	2.20	-1.58	-0.60
Gross Margin	48.69%	48.92%	51.10%	49.20%	47.40%	48.94%
Operating Margin	4.57%	3.11%	-1.20%	-21.10%	-31.50%	-32.22%
Profit Margin	1.96%	0.67%	-2.45%	-24.45%	-32.83%	-33.43%
FCF Margin	18.04%	19.68%	15.91%	9.71%	-7.55%	-3.67%
EBITDA	422.43	353.25	152.28	-592.13	-926.18	-657.21
EBITDA Margin	7.97%	6.97%	3.42%	-14.25%	-24.21%	-23.13%
EBIT	242.39	157.8	-53.71	-876.54	-1,205	-915.58
EBIT Margin	4.57%	3.11%	-1.20%	-21.10%	-31.50%	-32.22%
Effective Tax Rate	20.11%	38.59%	-23.46%	-1.88%	-1.01%	1.15%

Updated May 1, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q