Twilio Inc. (TWLO) quarterly cash flow statement — complete operating, investing & financing history
Twilio Inc. (TWLO) cash flow statement — 13-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 372.38M | 153.21M | 307.15M | 263.56M | 277.08M | 191.04M | 108.45M | 204.33M | 213.34M | 190.12M | 222.54M | 206.43M | 83.65M | -97.87M | -58.45M | -115.77M | -62.57M | -17.57M | -38.24M | -46.17M |
| Operating CF Margin % | 24.84% | 10.89% | 22.49% | 20.27% | 22.56% | 16.29% | 9.08% | 18.02% | 19.71% | 18.16% | 20.68% | 19.97% | 8.06% | -9.72% | -5.71% | -11.78% | -6.63% | -2.01% | -4.54% | -6.24% |
| Operating CF Growth % | 34.39% | -19.81% | 183.23% | 28.99% | 29.88% | 0.48% | -51.27% | -1.02% | 155.05% | 294.27% | 480.71% | 278.3% | 233.69% | -456.85% | -52.85% | -150.75% | -388.1% | -490.12% | -356.65% | -1301.74% |
| Net Income | 1.07B | 90.14M | -45.85M | 37.25M | 22.42M | 20.02M | -12.47M | -9.73M | -31.86M | -55.35M | -365.41M | -141.71M | -166.19M | -342.14M | -229.42M | -482.33M | -322.77M | -221.63M | -291.4M | -224.11M |
| Depreciation & Amortization | 31.64M | 32.05M | 65.18M | 48.5M | 49.84M | 49.56M | 49.81M | 54.88M | 52.06M | 53.32M | 65.44M | 72.58M | 75M | 71.39M | 71.25M | 70.14M | 83.09M | 68.1M | 68.71M | 70.26M |
| Stock-Based Compensation | 141.91M | 136.51M | 153.71M | 158.17M | 149.25M | 139.27M | 155.78M | 154.56M | 147.66M | 158.61M | 166.49M | 185.47M | 153.09M | 170.8M | 192.3M | 208.89M | 242.09M | 155.28M | 186.92M | 164.04M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -298.41M | 62.57M | 97.71M | 0 | 0 | 0 | 0 | 0 | -1.67M | -840K |
| Other Non-Cash Items | -853.59M | 54.71M | 115.21M | 56.98M | 49.71M | 47.89M | 75.45M | 45.9M | 53.1M | 58.65M | 644.77M | 26.63M | 22.01M | 145.28M | 68.28M | 163.32M | 34.28M | 41.4M | 42.47M | 38.2M |
| Working Capital Changes | -14.79M | -160.2M | 18.9M | -37.33M | 5.86M | -65.7M | -160.13M | -41.28M | -7.62M | -25.1M | 9.65M | 875K | -97.98M | -143.2M | -160.86M | -75.8M | -99.26M | -60.73M | -43.27M | -93.73M |
| Change in Receivables | -58.78M | -74.87M | -24.13M | -27.83M | -11.57M | 8.46M | -48.51M | -23.74M | -4.54M | 15.64M | -15.98M | 23.01M | -56.91M | -35.22M | -73.3M | -29.57M | -72.16M | -19.62M | -36.76M | -39.5M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -39.66M | 56.91M | 0 | 0 | 0 | 0 | 0 | -44M | -37.87M |
| Change in Payables | -20.96M | 6.5M | 44.83M | -35.48M | -32.18M | 7.85M | 29M | 9.77M | -21.27M | -37.76M | 14.95M | 11M | -13.65M | 66K | 18.75M | 4.93M | 5.41M | 1.25M | 18.86M | -35.74M |
| Cash from Investing | -53.25M | -41.19M | -140.43M | -161.5M | 402.02M | -19.14M | 129.1M | 267.36M | 784.61M | 189.77M | -137.14M | -144.03M | 307.31M | 202.47M | 65.7M | -46.52M | -786.6M | 150.97M | -38.26M | -270.25M |
| Capital Expenditures | 13.64M | -20.86M | -1.45M | 21.92M | -13.59M | -1.16M | -14.98M | -792K | -15.77M | -12.82M | -11.69M | -11.22M | -11.72M | -6.75M | -15.64M | -31.4M | -15.91M | -17.23M | -20.52M | -35.52M |
| CapEx % of Revenue | 0.91% | 1.48% | 0.11% | 1.69% | 1.11% | 0.1% | 1.25% | 0.07% | 1.46% | 1.22% | 1.09% | 1.09% | 1.13% | 0.67% | 1.53% | 3.19% | 1.69% | 1.97% | 2.43% | 4.8% |
| Acquisitions | 0 | -685K | -61.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 39.92M | 32.59M | -170K | 0 | -4.56M | -1.16M | -4.01M | -27.68M | -642K | -396.7M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -33.38M | 0 | -14.01M | -37.96M | 0 | -11.56M | 0 | -14.42M | 0 | 0 | -39.92M | 0 | 0 | -9.86M | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | -37.85M | -252.57M | -219.03M | -347.95M | -175.91M | -125.79M | -407.77M | -642.78M | -897.79M | -363.23M | -107.39M | -66.86M | -347.82M | -121.54M | 11.76M | -1.15M | 30.3M | 4.11M | 57.02M | 14.44M |
| Debt Issued (Net) | -64K | -64K | -35.64M | -1.03M | -1.98M | -2.25M | -2.35M | -3.15M | -2.23M | -4.83M | -2.37M | -3.96M | -2.45M | -7.35M | -4.04M | -3.19M | 332K | -6.52M | -3.47M | -945K |
| Equity Issued (Net) | -37.79M | -252.47M | -183.38M | -346.85M | -173.85M | -123.49M | -405.4M | -639.61M | -895.52M | -356.48M | -104.99M | -62.88M | -345.31M | -111.73M | 15.81M | 2.06M | 29.97M | 11.69M | 64.33M | 15.92M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -70.02M | -253.03M | -198.47M | -347.22M | -196.99M | -126.26M | -420.12M | -640.58M | -916.8M | -356.9M | -119.88M | -63.75M | -370.13M | -114.99M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -1K | -42K | 0 | -75K | -85K | -53K | -19K | -18K | -45K | -1.92M | -29K | -27K | -53K | -2.46M | -18K | -11K | -4K | -1.06M | -3.84M | -534K |
| Net Change in Cash | 281.29M | -140.56M | -52.51M | -234.39M | 502.13M | 45.8M | -170.23M | -163.54M | 82.47M | 16.66M | -21.99M | 2.84M | 35.9M | -16.9M | 18.91M | -163.61M | -818.58M | 137.53M | -19.51M | -301.99M |
| Free Cash Flow | 386.03M | 132.34M | 343.67M | 247.52M | 263.49M | 178.31M | 93.47M | 189.11M | 197.58M | 177.3M | 210.85M | 195.21M | 71.93M | -114.48M | -74.1M | -147.17M | -78.48M | -34.8M | -58.76M | -81.69M |
| FCF Margin % | 25.75% | 9.41% | 25.16% | 19.03% | 21.45% | 15.21% | 7.82% | 16.68% | 18.25% | 16.93% | 19.6% | 18.89% | 6.93% | -11.37% | -7.23% | -14.97% | -8.32% | -3.98% | -6.97% | -11.04% |
| FCF Growth % | 46.5% | -25.78% | 267.69% | 30.88% | 33.36% | 0.57% | -55.67% | -3.12% | 174.69% | 254.88% | 384.56% | 232.64% | 191.66% | -228.91% | -26.1% | -80.15% | -2584.99% | -218.87% | -5281.92% | -637.57% |
| FCF per Share | 2.42 | 0.84 | 2.26 | 1.55 | 1.65 | 1.10 | 0.56 | 1.19 | 1.16 | 0.98 | 1.16 | 1.07 | 0.39 | -0.61 | -0.40 | -0.80 | -0.43 | -0.19 | -0.33 | -0.46 |
| FCF Conversion (FCF/Net Income) | 0.35x | 1.70x | -6.70x | 7.08x | 12.36x | 9.54x | -8.70x | -21.01x | -6.70x | -3.43x | -0.61x | -1.46x | -0.50x | 0.29x | 0.25x | 0.24x | 0.19x | 0.08x | 0.13x | 0.21x |
| Interest Paid | -18.76M | 18.76M | 0 | 18.76M | 22K | 18.79M | 62K | 18.84M | 114K | 18.89M | 173K | 18.95M | 511K | 18.75M | 0 | 18.75M | -261K | 19.01M | 1.09M | 18.85M |
| Taxes Paid | -21.22M | 21.22M | 0 | 2.86M | 7.83M | 5.26M | -25.23M | 5.75M | 8.71M | 10.76M | 14.9M | 5.34M | 14.1M | 3.48M | 1.93M | 1.33M | 2.7M | 1.44M | 1.71M | 1.2M |