Twilio Inc.

TWLO Technology Software Infrastructure

Twilio Inc.’s revenue for fiscal 2025 (year ended December 2025) was $5.1 billion, up 13.7% from fiscal 2024.

Revenue
+19.9%
EPS
+333.3%
Free cash flow
+54.3%
Total debt
+0.18%

Quarter to September 2026, against a year earlier

202.65 1.69 +0.84%
Market cap
$31.1B
P/E
24.3×
Fwd P/E
22.8×
Dividend yield
—
F-score
6/9
Altman Z
6.40
Beneish M
−2.85
Dividend safety
n/a

Twilio Inc. (TWLO) Gross margin

Alert me on Gross margin

Twilio Inc.'s gross margin over the twelve months to 30 September 2026 was 48.6%, down 0.3 percentage points from fiscal 2025 (48.9%). Over the past ten years it has ranged from 47.4% (fiscal 2022) to 56.5% (fiscal 2016); the current reading is higher than 18% of that period. That is below the Software Infrastructure industry median of 57.5% and in line with the Technology sector median of 46.9%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 48.9% (2.18)
FY2024 51.1% 1.90
FY2023 49.2% 1.80
FY2022 47.4% (1.54)
FY2021 48.9% (3.03)
FY2020 52.0% (1.70)
FY2019 53.7% (0.05)
FY2018 53.7% (0.44)
FY2017 54.2% (2.38)
FY2016 56.5% 1.14

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 48.8% 0.35
Jun 2026 48.4% (0.21)
Mar 2026 48.6% 0.14
Dec 2025 48.5% (0.12)
41 more quarters

Against its own ten years

Low 47.4% High 56.5%
Ten-year median 52.0%
Current reading's percentile 19

Gross margin against peers

Company Gross margin
CPAY Corpay, Inc. compare 100.0%
VRSN VeriSign, Inc. compare 88.6%
OKTA Okta, Inc. compare 78.1%
ZS Zscaler, Inc. compare 76.8%
NBIS Nebius Group N.V. compare 74.3%
MDB MongoDB, Inc. compare 72.7%
NTAP NetApp, Inc. compare 70.6%
CRWV CoreWeave Inc. compare 67.4%
TWLO Twilio Inc. 48.6%
Software Infrastructure industry median 57.5%
Technology sector median 46.9%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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