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) P/B ratio

Alert me on P/B ratio

As of 16 October 2026, Twilio Inc. (TWLO) trades at a P/B ratio of 4.2×. Over the past ten years it has ranged from 0.0× (June 2016) to 30.1× (March 2019); the current reading is higher than 54% of that period. That is above the Software Infrastructure industry median of 2.9× and above the Technology sector median of 2.7×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 2.8× 23.38%
FY2024 2.3× 68.30%
FY2023 1.3× 53.33%
FY2022 0.9× (78.99%)
FY2021 4.2× (29.23%)
FY2020 5.9× 96.66%
FY2019 3.0× (84.91%)
FY2018 19.8× 211.05%
FY2017 6.4× 48.93%
FY2016 4.3× —

Quarterly newest first

Period P/B ratio Change
Jun 2026 3.5× 42.52%
Mar 2026 2.5× (11.45%)
Dec 2025 2.8× 43.33%
Sep 2025 1.9× (18.06%)
40 more quarters

Against its own ten years

Low 0.0× High 30.1×
Ten-year median 3.7×
Current reading's percentile 54

P/B ratio against peers

Company P/B ratio
VRSN VeriSign, Inc. compare n/m
XYZ Block, Inc. compare 2.1×
TWLO Twilio Inc. 4.2×
NBIS Nebius Group N.V. compare 4.5×
OKTA Okta, Inc. compare 4.7×
CRWV CoreWeave Inc. compare 6.7×
MDB MongoDB, Inc. compare 9.1×
ZS Zscaler, Inc. compare 12.8×
NTAP NetApp, Inc. compare 26.7×
Software Infrastructure industry median 2.9×
Technology sector median 2.7×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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