Twilio Inc. (TWLO) quarterly income statement — complete revenue, gross profit & net income history
Twilio Inc. (TWLO) annual income statement — 13-year revenue, gross profit & net income history
| 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 |
|---|
| Sales/Revenue | 1.5B | 1.41B | 1.37B | 1.3B | 1.23B | 1.17B | 1.19B | 1.13B | 1.08B | 1.05B | 1.08B | 1.03B | 1.04B | 1.01B | 1.02B | 983.03M | 943.35M | 875.36M | 842.74M | 740.18M |
| Revenue Growth % | 22.03% | 20% | 14.32% | 14.71% | 13.48% | 11.98% | 11.05% | 9.67% | 4.31% | 4.02% | 5.01% | 5.15% | 10.01% | 14.99% | 21.58% | 32.81% | 41.02% | 48.37% | 53.76% | 65.23% |
| Cost of Goods Sold | 773.22M | 722.66M | 703.58M | 668.33M | 625.68M | 590.9M | 595.14M | 555.02M | 526.66M | 503.01M | 562.19M | 537.5M | 550.37M | 535.95M | 554.94M | 525.52M | 511.43M | 469.52M | 463.31M | 397.3M |
| COGS % of Revenue | 51.58% | 51.37% | 51.51% | 51.39% | 50.93% | 50.4% | 49.81% | 48.96% | 48.65% | 48.04% | 52.25% | 52% | 53.03% | 53.25% | 54.16% | 53.46% | 54.21% | 53.64% | 54.98% | 53.68% |
| Gross Profit | 725.87M | 684.24M | 662.35M | 632.08M | 602.74M | 581.57M | 599.7M | 578.63M | 555.85M | 544.04M | 513.76M | 496.17M | 487.39M | 470.61M | 469.63M | 457.51M | 431.93M | 405.84M | 379.44M | 342.88M |
| Gross Margin % | 48.42% | 48.63% | 48.49% | 48.61% | 49.07% | 49.6% | 50.19% | 51.04% | 51.35% | 51.96% | 47.75% | 48% | 46.97% | 46.75% | 45.84% | 46.54% | 45.79% | 46.36% | 45.02% | 46.32% |
| Gross Profit Growth % | 20.43% | 17.66% | 10.45% | 9.24% | 8.44% | 6.9% | 16.73% | 16.62% | 14.04% | 15.6% | 9.4% | 8.45% | 12.84% | 15.96% | 23.77% | 33.43% | 38.19% | 58.14% | 42.2% | 53.76% |
| Operating Expenses | 641.32M | 576.58M | 588.69M | 591.13M | 565.75M | 558.49M | 586.03M | 583.52M | 574.88M | 587.54M | 563.29M | 598.61M | 599.73M | 588M | 674.67M | 727.86M | 734.46M | 621.39M | 658.22M | 571.16M |
| OpEx % of Revenue | 42.78% | 40.98% | 43.1% | 45.46% | 46.05% | 47.63% | 49.05% | 51.47% | 53.11% | 56.11% | 52.35% | 57.91% | 57.79% | 58.42% | 65.85% | 74.04% | 77.86% | 70.99% | 78.1% | 77.16% |
| Selling, General & Admin | 335.23M | 314.41M | 283.02M | 328.82M | 322.26M | 304.19M | 286.19M | 322.01M | 332.1M | 325.98M | 328.3M | 357.38M | 373.25M | 349.82M | 401M | 443.54M | 455.24M | 381.2M | 435.39M | 361.73M |
| SG&A % of Revenue | 22.36% | 22.35% | 20.72% | 25.29% | 26.23% | 25.94% | 23.95% | 28.4% | 30.68% | 31.13% | 30.51% | 34.57% | 35.97% | 34.75% | 39.14% | 45.12% | 48.26% | 43.55% | 51.66% | 48.87% |
| Research & Development | 273.32M | 262.17M | 260.06M | 262.31M | 243.5M | 254.29M | 252.58M | 261.51M | 242.78M | 251.62M | 234.99M | 241.23M | 226.48M | 238.18M | 273.67M | 284.31M | 279.22M | 240.19M | 222.83M | 209.43M |
| R&D % of Revenue | 18.23% | 18.63% | 19.04% | 20.17% | 19.82% | 21.69% | 21.14% | 23.07% | 22.43% | 24.03% | 21.84% | 23.34% | 21.82% | 23.66% | 26.71% | 28.92% | 29.6% | 27.44% | 26.44% | 28.29% |
| Other Operating Expenses | 1000K | 0 | 1000K | 0 | 0 | 0 | 1000K | 0 | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 84.55M | 107.67M | 73.66M | 40.95M | 36.99M | 23.08M | 13.67M | -4.89M | -19.04M | -43.5M | -49.54M | -102.45M | -112.33M | -117.39M | -205.04M | -270.35M | -302.53M | -215.55M | -278.78M | -228.28M |
| Operating Margin % | 5.64% | 7.65% | 5.39% | 3.15% | 3.01% | 1.97% | 1.14% | -0.43% | -1.76% | -4.15% | -4.6% | -9.91% | -10.82% | -11.66% | -20.01% | -27.5% | -32.07% | -24.62% | -33.08% | -30.84% |
| Operating Income Growth % | 128.57% | 366.45% | 438.86% | 936.7% | 294.3% | 153.06% | 127.6% | 95.22% | 83.05% | 62.94% | 75.84% | 62.11% | 62.87% | 45.54% | 26.45% | -18.43% | -50.73% | -9.95% | -69.65% | -103.33% |
| EBITDA | 148.23M | 141.83M | 121.2M | 89.45M | 86.83M | 72.65M | 63.48M | 45.89M | 33.03M | 9.81M | 21.06M | -29.87M | -29.84M | -37.42M | -125.3M | -187.08M | -219.76M | -135.03M | -197.54M | -144.97M |
| EBITDA Margin % | 9.89% | 10.08% | 8.87% | 6.88% | 7.07% | 6.2% | 5.31% | 4.05% | 3.05% | 0.94% | 1.96% | -2.89% | -2.88% | -3.72% | -12.23% | -19.03% | -23.3% | -15.43% | -23.44% | -19.59% |
| EBITDA Growth % | 70.72% | 95.24% | 90.92% | 94.9% | 162.89% | 640.24% | 201.39% | 253.66% | 210.68% | 126.23% | 116.81% | 84.04% | 86.42% | 72.29% | 36.57% | -29.05% | -69.83% | -8.25% | -94.46% | -108.48% |
| D&A (Non-Cash Add-back) | 63.69M | 34.17M | 47.54M | 48.5M | 49.84M | 49.56M | 49.81M | 50.79M | 52.06M | 53.32M | 70.6M | 72.58M | 82.5M | 79.97M | 79.74M | 83.27M | 82.77M | 80.52M | 81.25M | 83.31M |
| EBIT | 75.53M | 102.23M | -37.77M | 32.68M | 33.59M | 26.58M | -13.56M | -3.65M | -26.24M | -33.56M | -359.65M | -139.96M | -165.44M | -331.67M | -220.22M | -478.75M | -320.18M | -224.49M | -289.75M | -219.34M |
| Net Interest Income | 0 | 17.5M | 0 | 16.3M | 17.9M | 18.9M | 19.5M | 20.1M | 23.5M | 27.2M | 24.5M | 19.3M | 16.7M | 17.2M | 17.1M | 16.3M | 15.6M | 15.6M | 16.2M | -3.42M |
| Interest Income | 0 | 17.5M | 0 | 16.3M | 17.9M | 18.9M | 19.5M | 20.1M | 23.5M | 27.2M | 24.5M | 19.3M | 16.7M | 17.2M | 17.1M | 16.3M | 15.6M | 15.6M | 16.2M | 16.2M |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19.62M |
| Other Income/Expense | -9.02M | -5.43M | -111.43M | -8.26M | -3.4M | 3.5M | -27.23M | 1.24M | -7.21M | -1.66M | -310.12M | -37.51M | -53.11M | -214.28M | -15.19M | -208.4M | -17.64M | -8.93M | -10.97M | -10.68M |
| Pretax Income | 75.53M | 102.23M | -37.77M | 32.68M | 33.59M | 26.58M | -13.56M | -3.65M | -26.24M | -45.16M | -359.65M | -139.96M | -165.44M | -331.67M | -220.22M | -478.75M | -320.18M | -224.49M | -289.75M | -238.96M |
| Pretax Margin % | 5.04% | 7.27% | -2.76% | 2.51% | 2.73% | 2.27% | -1.13% | -0.32% | -2.42% | -4.31% | -33.43% | -13.54% | -15.94% | -32.95% | -21.49% | -48.7% | -33.94% | -25.64% | -34.38% | -32.28% |
| Income Tax | -991.68M | 12.09M | 8.09M | -4.56M | 11.17M | 6.57M | -1.09M | 6.08M | 5.62M | 10.19M | 5.75M | 1.75M | 744K | 10.47M | 9.2M | 3.58M | 2.59M | -2.86M | 1.64M | -14.85M |
| Effective Tax Rate % | -1313.04% | 11.83% | -21.42% | -13.96% | 33.25% | 24.7% | 8.02% | -166.39% | -21.4% | -22.56% | -1.6% | -1.25% | -0.45% | -3.16% | -4.18% | -0.75% | -0.81% | 1.27% | -0.57% | 6.21% |
| 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 |
| Net Margin % | 71.19% | 6.41% | -3.36% | 2.86% | 1.83% | 1.71% | -1.04% | -0.86% | -2.94% | -5.29% | -33.96% | -13.71% | -16.01% | -33.99% | -22.39% | -49.07% | -34.22% | -25.32% | -34.58% | -30.28% |
| Net Income Growth % | 4659.44% | 350.31% | -267.71% | 482.97% | 170.38% | 136.17% | 96.59% | 93.14% | 80.83% | 83.82% | -59.27% | 70.62% | 48.51% | -54.38% | 21.27% | -115.22% | -41.66% | -7.3% | -62.47% | -91.69% |
| Net Income (Continuing) | 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 |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 6.68 | 0.57 | -0.30 | 0.23 | 0.14 | 0.12 | -0.08 | -0.06 | -0.19 | -0.31 | -2.01 | -0.78 | -0.91 | -1.84 | -1.24 | -2.63 | -1.77 | -1.23 | -1.63 | -1.26 |
| EPS Growth % | 4671.43% | 375% | -275% | 476.43% | 173.68% | 138.71% | 96.02% | 92.17% | 79.12% | 83.15% | -62.1% | 70.34% | 48.59% | -49.59% | 23.93% | -108.73% | -35.11% | 0.81% | -44.25% | -59.49% |
| EPS (Basic) | 6.99 | 0.59 | -0.30 | 0.24 | 0.15 | 0.13 | -0.08 | -0.06 | -0.19 | -0.31 | -2.01 | -0.78 | -0.91 | -1.84 | -1.24 | -2.63 | -1.77 | -1.23 | -1.63 | -1.26 |
| Diluted Shares Outstanding | 159.71M | 157.76M | 152.34M | 159.21M | 159.69M | 161.79M | 165.93M | 159.09M | 170.22M | 181.02M | 181.79M | 181.75M | 183.49M | 186.4M | 185.12M | 183.69M | 182.35M | 180.9M | 178.93M | 177.23M |
| Basic Shares Outstanding | 152.79M | 152.42M | 152.34M | 153.12M | 153.23M | 153.35M | 165.93M | 159.09M | 170.22M | 181.02M | 181.79M | 181.75M | 183.49M | 186.4M | 185.12M | 183.69M | 182.35M | 180.9M | 178.93M | 177.23M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |