Last 46 quarters of trend data · Communication Services · Internet Content & Information
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Twilio Inc.'s quarterly P/E stands at 55.2x, down 72.9% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has compressed 20.6% YoY to 45.0x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 886.52 | 55.18 | — | 108.79 | 222.07 | 203.98 | — | — | — | — | — | — | — |
| — | -72.9% | — | — | — | — | — | — | — | — | — | — | — | |
| P/S Ratio | 5.57 | 3.53 | 3.97 | 3.06 | 4.04 | 3.38 | 3.75 | 2.29 | 2.23 | 2.64 | 3.20 | 2.57 | 2.81 |
| — | +4.4% | +5.7% | +33.9% | +81.0% | +27.8% | +17.1% | -11.1% | -20.6% | -14.3% | +44.9% | -20.3% | -30.6% | |
| P/B Ratio | 3.80 | 2.55 | 2.77 | 2.02 | 2.47 | 1.98 | 2.25 | 1.26 | 1.11 | 1.17 | 1.42 | 1.07 | 1.17 |
| — | +28.8% | +22.9% | +60.1% | +121.6% | +68.9% | +59.1% | +18.3% | -4.8% | -2.7% | +65.1% | -11.6% | -17.0% | |
| P/FCF | 27.31 | 32.39 | 15.76 | 16.10 | 18.84 | 22.21 | 47.97 | 13.72 | 12.24 | 15.61 | 16.35 | 13.62 | 40.57 |
| — | +45.8% | -67.1% | +17.3% | +54.0% | +42.3% | +193.3% | +0.7% | -69.8% | — | — | — | — | |
| EV / EBITDA | 72.95 | 45.01 | 40.40 | 51.61 | 54.14 | 56.70 | 73.33 | 50.85 | 76.87 | 146.22 | 169.67 | — | — |
| — | -20.6% | -44.9% | +1.5% | -29.6% | -61.2% | -56.8% | — | — | — | — | — | — | |
| EV / EBIT | 163.76 | — | — | 124.64 | 148.79 | 178.44 | 340.56 | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Twilio Inc.'s operating margin was 7.7% in Q1 2026, up 3.1 pp QoQ and up 5.7 pp YoY. This marks the 12th consecutive quarter of margin expansion, signaling a sustained improvement in operating efficiency. The trailing four-quarter average of 4.6% lags the current quarter, suggesting the recent improvement is above-trend.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 48.0% | 48.6% | 49.6% | 48.6% | 48.1% | 49.6% | 49.2% | 50.0% | 50.2% | 50.7% | 47.7% | 48.0% | 47.0% |
| — | -2.0% | +0.9% | -2.8% | -4.1% | -2.2% | +3.1% | +4.2% | +6.9% | +8.4% | +4.2% | +3.1% | +2.6% | |
| Operating Margin | 3.4% | 7.7% | 4.5% | 3.1% | 3.0% | 2.0% | 1.1% | -0.1% | -1.8% | -3.2% | -4.6% | -9.9% | -10.8% |
| — | +288.7% | +295.7% | +3073.5% | +269.1% | +161.4% | +124.9% | +98.9% | +83.5% | +72.5% | +77.0% | +64.0% | +66.2% | |
| Net Margin | 0.7% | 6.4% | -3.4% | 2.9% | 1.8% | 1.7% | -1.0% | -0.9% | -2.9% | -5.3% | -34.0% | -13.7% | -16.0% |
| — | +275.3% | -221.6% | +433.9% | +162.0% | +132.3% | +96.9% | +93.7% | +81.6% | +84.4% | -51.7% | +72.1% | +53.2% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 0.4% | 1.2% | -0.6% | 0.5% | 0.3% | 0.3% | -0.2% | -0.1% | -0.4% | -0.6% | -3.7% | -1.4% | -1.6% |
| — | +360.4% | -278.7% | +506.4% | +179.5% | +143.5% | +95.8% | +91.9% | +78.5% | +82.4% | -70.4% | +68.5% | +44.8% | |
| ROA | 0.3% | 0.9% | -0.5% | 0.4% | 0.2% | 0.2% | -0.1% | -0.1% | -0.3% | -0.5% | -3.1% | -1.2% | -1.4% |
| — | +358.1% | -275.7% | +502.1% | +178.0% | +142.1% | +96.0% | +92.1% | +78.7% | +82.4% | -70.9% | +68.5% | +45.2% | |
| ROIC | 1.6% | 1.0% | 0.6% | 0.4% | 0.3% | 0.2% | 0.1% | -0.0% | -0.2% | -0.2% | -0.4% | -0.7% | -0.8% |
| — | +418.7% | +377.8% | +3801.0% | +316.9% | +180.3% | +132.9% | +98.6% | +80.6% | +68.7% | +74.0% | +59.5% | +62.1% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Twilio Inc.'s Debt/EBITDA ratio is 0.7x, down from 7.9x last quarter — comfortably within a safe range.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.14 | 0.01 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.13 | 0.12 | 0.12 | 0.12 | 0.12 |
| — | -93.0% | -0.9% | +1.3% | +3.9% | +12.0% | +17.2% | +14.3% | +8.6% | +2.8% | +1.5% | +0.6% | +4.7% | |
| Debt / EBITDA | 2.76 | 0.70 | 7.92 | 13.87 | 11.94 | 15.15 | 17.49 | 20.97 | 35.00 | 58.74 | 55.05 | — | — |
| — | -95.4% | -54.7% | -33.9% | -65.9% | -74.2% | -68.2% | — | — | — | — | — | — | |
| Current Ratio | 4.03 | 4.66 | 4.03 | 4.68 | 4.90 | 4.78 | 4.20 | 5.06 | 5.57 | 6.55 | 6.64 | 6.53 | 6.14 |
| — | -2.5% | -4.1% | -7.5% | -12.0% | -27.0% | -36.7% | -22.5% | -9.3% | +6.3% | +7.7% | +13.7% | -4.3% | |
| Quick Ratio | 4.03 | 4.66 | 4.03 | 4.68 | 4.90 | 4.78 | 4.20 | 5.06 | 5.57 | 6.55 | 6.64 | 6.53 | 6.14 |
| — | -2.5% | -4.1% | -7.5% | -12.0% | -27.0% | -36.7% | -22.5% | -9.3% | +6.3% | +7.7% | +13.7% | -4.3% | |
| Interest Coverage | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 46 years · Updated daily
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Quick answers to the most common questions about buying TWLO stock.
Twilio Inc.'s current P/E is 886.5x. The average P/E over the last 3 quarters is 128.7x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Twilio Inc.'s current operating margin is 3.4%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Twilio Inc.'s business trajectory between earnings reports.