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.

244.37 29.03 −10.62%
Market cap
$42.0B
P/E
32.5×
Fwd P/E
107×
Dividend yield
—
F-score
6/9
Altman Z
6.40
Beneish M
−2.85
Dividend safety
n/a

Twilio Inc. (TWLO) Operating margin

Alert me on Operating margin

Twilio Inc.'s operating margin over the twelve months to 30 June 2026 was 5.20%, up 2.1 percentage points from fiscal 2025 (3.11%). Over the past ten years it has ranged from −32.6% (fiscal 2019) to 3.11% (fiscal 2025) — the current reading is the highest in ten years. That is above the Software Infrastructure industry median of 0.00% and above the Technology sector median of 0.00%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 3.11% 4.31
FY2024 −1.20% 19.90
FY2023 −21.1% 10.40
FY2022 −31.5% 0.72
FY2021 −32.2% (4.24)
FY2020 −28.0% 4.62
FY2019 −32.6% (14.87)
FY2018 −17.7% (1.17)
FY2017 −16.6% (1.66)
FY2016 −14.9% 6.30

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 5.64% (2.01)
Mar 2026 7.65% 3.49
Dec 2025 4.16% 1.01
Sep 2025 3.15% 0.14
40 more quarters

Against its own ten years

Low −32.6% High 3.11%
Ten-year median −21.1%
Current reading's percentile 100

Operating margin against peers

Company Operating margin
VRSN VeriSign, Inc. compare 67.9%
NTAP NetApp, Inc. compare 25.0%
OKTA Okta, Inc. compare 7.55%
TWLO Twilio Inc. 5.20%
XYZ Block, Inc. compare 4.67%
MDB MongoDB, Inc. compare −0.52%
CRWV CoreWeave Inc. compare −3.04%
ZS Zscaler, Inc. compare −3.98%
NBIS Nebius Group N.V. compare −50.5%
Software Infrastructure industry median 0.00%
Technology sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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