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) 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 | Free account |
Against its own ten years
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))
More on TWLO
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S 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