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. In the quarter to June 2026, revenue grew 22.0%, EPS grew 4,560.0%, free cash flow grew 32.2% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for ten consecutive years, operating cash flow growth for three.
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Twilio Inc. (TWLO) Gross margin
Twilio Inc.'s gross margin over the twelve months to 30 June 2026 was 48.5%, down 0.4 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 61.0% and in line with the Technology sector median of 47.2%.
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) |
|---|---|---|
| Jun 2026 | 48.4% | (0.21) |
| Mar 2026 | 48.6% | 0.14 |
| Dec 2025 | 48.5% | (0.12) |
| Sep 2025 | 48.6% | (0.46) |
| 40 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| VRSN VeriSign, Inc. compare | 88.5% |
| 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. | 48.5% |
| XYZ Block, Inc. compare | 46.4% |
| Software Infrastructure industry median | 61.0% |
| Technology sector median | 47.2% |
| Market median | 46.2% |
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
More on TWLO
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement