Twilio Inc. (TWLO) — Financial statements
Income statement, balance sheet, and cash flow for Twilio Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 5,067↑13.7% | 4,458↑7.3% | 4,154↑8.6% | 3,826↑34.6% | 2,842 | |
| Cost of Revenue | 2,634↑18.2% | 2,229↑1.7% | 2,191↑6.3% | 2,061↑35.0% | 1,527 | |
| Gross Profit | 2,433↑9.2% | 2,229↑13.6% | 1,963↑11.2% | 1,765↑34.3% | 1,314 | |
| Operating Expenses | ||||||
| R&D Expenses | 1,020↑1.3% | 1,007↑7.0% | 941↓12.7% | 1,077↑36.7% | 788 | |
| General & Administrative Expenses | 411↓8.5% | 449 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 873↑7.3% | 814 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 1,284↑1.7% | 1,263↓10.4% | 1,409↓16.2% | 1,681↑17.8% | 1,427 | |
| Other Expenses | -46 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 2,258↓0.5% | 2,270↓3.4% | 2,350↓14.8% | 2,758↑24.5% | 2,215 | |
| Total Costs & Expenses | 4,893↑8.8% | 4,498↓0.9% | 4,541↓5.8% | 4,820↑28.8% | 3,742 | |
| Operating Results | ||||||
| Operating Income | 175↑532.0% | -40↑89.5% | -387↑61.1% | -993↓10.3% | -901 | |
| Depreciation & Amortization | 217↓3.4% | 225↓27.7% | 311↓4.6% | 326↑6.2% | 307 | |
| EBITDA | 273↑99.7% | 136↑119.9% | -685↑25.3% | -917↓40.3% | -654 | |
| EBIT | 55↑162.2% | -89↑91.1% | -997↑19.9% | -1,244↓29.4% | -961 | |
| Interest & Other Income | ||||||
| Net Interest Income | 0.00↓100.0% | 90↑16.1% | 78↑20.3% | 65↑16.0% | 56 | |
| Interest Income | 0.00↓100.0% | 90↑16.1% | 78↑20.3% | 65↑16.0% | 56 | |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Non-Operating Income | 120↑148.2% | 48↓92.1% | 610↑143.8% | 250↑314.6% | 60 | |
| Other Income / Expenses | -120↓148.2% | -48↑92.1% | -610↓143.8% | -250↓314.6% | -60 | |
| Income Before Tax | 55↑162.2% | -89↑91.1% | -997↑19.9% | -1,244↓29.4% | -961 | |
| Income Tax Expense | 21↑2.3% | 21↑11.1% | 19↑49.5% | 13↑213.5% | -11 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 34↑130.9% | -109↑89.2% | -1,015↑19.2% | -1,256↓32.2% | -950 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 34↑130.9% | -109↑89.2% | -1,015↑19.2% | -1,256↓32.2% | -950 | |
| Bottom-Line Net Income | 34↑130.9% | -109↑89.2% | -1,015↑19.2% | -1,256↓32.2% | -950 | |
| EPS (Basic) | 0.22↑133.3% | -0.66↑88.1% | -5.54↑19.2% | -6.86↓25.9% | -5.45 | |
| EPS (Diluted) | 0.21↑131.8% | -0.66↑88.1% | -5.54↑19.2% | -6.86↓25.9% | -5.45 | |
| Weighted Average Shares | 153↓7.8% | 166↓9.5% | 183↑0.2% | 183↑5.1% | 174 | |
| Weighted Average Diluted Shares | 160↓3.7% | 166↓9.5% | 183↑0.2% | 183↑5.1% | 174 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.