Twilio TWLO
Public, NYSE, reports in USD.
Theme: Cloud.
API for SMS authentication.
2025-08-01 — As big as Atlassian, SendGrid is asubsidiary
Financials millions, USD
| Period | Revenue | Growth % | Gross margin % | R&D % | Operating income | Operating margin % | Net income | EPS (diluted) | Rule of 40 | basis |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 5.1bn USD | 13.7 % | 48.9 % | 20.1 % | 175m USD | 3.4 % | 34m USD | 0.21 | 17.1 | |
| 2024 | 4.5bn USD | 7.3 % | 51.1 % | 22.6 % | -40m USD | -0.9 % | -109m USD | -0.66 | 6.4 | |
| 2023 | 4.2bn USD | 8.6 % | 49.2 % | 22.7 % | -390m USD | -9.4 % | -1.0bn USD | -5.54 | -0.8 | |
| 2022 | 3.8bn USD | – | 47.4 % | 28.2 % | -1.0bn USD | -26.9 % | -1.3bn USD | -6.86 | – | |
| 2026-Q2 | 1.5bn USD | 22.0 % | 48.4 % | 18.2 % | 117m USD | 7.8 % | 1.1bn USD | 6.68 | 29.9 | |
| 2026-Q1 | 1.4bn USD | – | 48.6 % | 18.6 % | 108m USD | 7.7 % | 90m USD | 0.57 | – | |
| 2025-Q4 | 1.4bn USD | – | 48.5 % | 19.0 % | 74m USD | 5.4 % | -46m USD | -0.30 | – | |
| 2025-Q3 | 1.3bn USD | – | 48.6 % | 20.2 % | 41m USD | 3.1 % | 37m USD | 0.23 | – | |
| 2025-Q2 | 1.2bn USD | – | 49.1 % | 19.8 % | 37m USD | 3.0 % | 22m USD | 0.14 | – |
Sources
- 2025: yfinance
- 2024: yfinance
- 2023: yfinance
- 2022: yfinance
- 2026-Q2: yfinance
- 2026-Q1: yfinance
- 2025-Q4: yfinance
- 2025-Q3: yfinance
- 2025-Q2: yfinance
Latest quarter 2026-Q2, ended 2026-06-30, vs 2025-Q2
| 2026-Q2 | 2025-Q2 | change | |
|---|---|---|---|
| Revenue | 1.5bn USD | 1.2bn USD | +271m (+22 %) |
| Op. margin | 7.8 % | 3.0 % | +4.8 pts |
| FCF | 353m USD | 263m USD | +89m (+34 %) |
| Op. income | 117m USD | ||
| Net income | 1.1bn USD | ||
| EPS (diluted) | 6.68 | 4671.4 % |
Cash flow millions, USD
| Period | Cash from operations | Capex | Free cash flow | FCF margin % | CFO / net income % | NOPAT | Unlevered FCF | Levered FCF | Net change in cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.0bn USD | 58m USD | 945m USD | 18.7 % | 2965.2 % | 107m USD | 131m USD | 940m USD | 251m USD |
| 2024 | 716m USD | 59m USD | 657m USD | 14.7 % | – | – | – | 645m USD | -224m USD |
| 2023 | 415m USD | 51m USD | 364m USD | 8.8 % | – | – | – | 347m USD | -0.3m USD |
| 2022 | -254m USD | 80m USD | -335m USD | -8.7 % | – | – | – | -348m USD | -826m USD |
NOPAT = op. income × (1 − effective tax rate); UFCF = NOPAT + D&A + ΔNWC − capex; LFCF = FCF + net debt issued.
Quotes
| Price | 242.32 USD | 2026-09-15 | |
|---|---|---|---|
| Market cap | 37.2bn USD | 2026-09-15 | |
| 52w high | 258.35 USD | 2026-09-15 | |
| 52w low | 98.44 USD | 2026-09-15 | |
| Off 52w high % | -6.2 % | ||
| P/S | 7.3 |
Notes
- 2025-08-01 opinion As big as Atlassian, SendGrid is asubsidiary