Friday 6 November 2026 Export TWLO’s income statement to Excel — free account

Twilio Inc.

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

201.76 11.74 −5.50%

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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

Overview Business Profile Earnings & Analysis Segments Valuation Filings

Twilio Inc. (TWLO) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by products and services, and margins
Messaging	2,878	56.80%
Other	747	14.73%
Voice	616	12.15%
Email	523	10.33%
Segment	303	5.98%
Gross margin		48.92%
Operating margin		3.11%
Pre-tax margin		1.09%

Revenue by product or service $m

Line	FY2025	FY2024	FY2023	FY2020
Messaging	2,878 56.80%	2,435 54.63%	2,251 54.20%	—
Other	747 14.73%	693 15.56%	655 15.78%	214 12.14%
Voice	616 12.15%	543 12.18%	512 12.32%	345 19.58%
Email	523 10.33%	488 10.95%	440 10.60%	219 12.41%
Segment	303 5.98%	298 6.68%	295 7.11%	—
Programmable Messaging	—	—	—	821 46.59%
Software	—	—	—	98 5.58%
Product and Service, Other	—	—	—	65 3.69%
Communication	—	—	—	1,598
Revenue	5,067	4,458	4,154	1,762

Operating income by segment $m, and margin

	FY2025	FY2024	FY2023	FY2020
Segment	‡	‡	‡	‡
Operating income	‡	‡	‡	‡
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Revenue by segment $m

Line	FY2024	FY2023	FY2022	FY2021
Communications Segment	4,160 93.32%	3,859 92.89%	3,550 92.78%	2,641 92.93%
Other, not broken out	298 6.68%	295 7.11%	276 7.22%	201 7.07%
Revenue	4,458	4,154	3,826	2,842

Operating income by segment $m, and margin

	FY2024	FY2023	FY2022	FY2021
Communications Segment	‡	‡	‡	‡
Corporate and other	‡	‡	‡	‡
Operating income	‡	‡	‡	‡
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Revenue by region $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014
United States	3,247 64.08%	2,898 65.01%	2,757 66.38%	2,511 65.61%	1,927 67.82%	1,282 72.78%	809 71.30%	485 74.58%	309 77.34%	234 84.35%	143 85.76%	78 88.07%
International	1,820 35.92%	1,560 34.99%	1,396 33.62%	1,316 34.39%	915 32.18%	480 27.22%	326 28.70%	165 25.42%	90 22.66%	43 15.65%	24 14.24%	11 11.93%
Revenue	5,067	4,458	4,154	3,826	2,842	1,762	1,134	650	399	277	167	89

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Dollar-Based Net Expansion Rate	Q3 FY2026	114.0%	109.0%	—
Employees	Q3 FY2026	5.6K	5.5K	+1.52%
Remaining performance obligations	Q3 FY2026	$120.9M	$168.7M	−28.33%

	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024	Q4 FY2023	Q3 FY2023	Q2 FY2023	Q1 FY2023	Q4 FY2022	Q3 FY2022	Q2 FY2022	Q1 FY2022	Q4 FY2021	Q4 FY2020
Dollar-Based Net Expansion Rate	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Employees	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Remaining performance obligations	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.

Twilio Inc. (TWLO) revenue by segment, product and region

Where the money comes from and where it goes

Revenue by product or service $m

Operating income by segment $m, and margin

Revenue by segment $m

Operating income by segment $m, and margin

Revenue by region $m

Operating figures as reported in each quarter’s results release or filing

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