Twilio Inc. (TWLO) income statement
NYSE · Technology · Software - Infrastructure · 5,587 employees · CEO Khozema Z. Shipchandler
- Price
- $205.03 -15.24%
- Market cap
- $31.5B
- Enterprise value
- $31.5B
- Last report
- Q3 '26 filed 2026-10-30
- Next report
- 2027-02-11 EPS est. $1.54
Twilio Inc. (TWLO) reported revenue of $1.56B for Q3 '26 (+19.9% year on year), operating income of $149M (9.5% of revenue) and net income of $161M. Over the last four quarters revenue was $5.83B.
Income statement
| Income statement | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.08B | $1.05B | $1.08B | $1.13B | $1.19B | $1.17B | $1.23B | $1.3B | $1.37B | $1.41B | $1.5B | $1.56B | |
| Cost of revenue | $545M | $503M | $527M | $555M | $595M | $591M | $626M | $668M | $704M | $723M | $773M | $799M | |
| Gross profit | $531M | $544M | $556M | $579M | $600M | $582M | $603M | $632M | $662M | $684M | $726M | $761M | |
| Research & development | $236M | $252M | $243M | $262M | $253M | $254M | $243M | $262M | $260M | $262M | $273M | $280M | |
| Sales & marketing | $239M | $214M | $218M | $216M | $169M | $212M | $221M | $221M | $174M | $212M | $217M | $217M | |
| General & administrative | $107M | $112M | $114M | $106M | $117M | $92.1M | $102M | $108M | $109M | $103M | $118M | $115M | |
| Other operating expenses | $312M | $9.95M | $0 | $0 | $47.3M | $0 | $0 | $0 | $45.6M | $0 | $32.8M | $0 | |
| Operating expenses | $893M | $588M | $575M | $584M | $586M | $558M | $566M | $591M | $589M | $577M | $641M | $612M | |
| Operating income | -$362M | -$43.5M | -$19M | -$4.89M | $13.7M | $23.1M | $37M | $40.9M | $73.7M | $108M | $84.5M | $149M | |
| Interest income | $24.5M | $27.2M | $23.5M | $20.1M | $19.5M | $18.9M | $17.9M | $16.3M | $0 | $17.5M | $0 | $0 | |
| Other non-operating income (gains on investments, FX ...) | -$312M | -$9.95M | $7.21M | -$1.24M | $27.2M | -$3.5M | $3.4M | $8.26M | $111M | $5.43M | $9.02M | $9.5M | |
| Total non-operating income | $2.07M | -$1.66M | -$7.21M | $1.24M | -$27.2M | $3.5M | -$3.4M | -$8.26M | -$111M | -$5.43M | -$9.02M | -$9.5M | |
| Income before tax | -$360M | -$45.2M | -$26.2M | -$3.65M | -$13.6M | $26.6M | $33.6M | $32.7M | -$37.8M | $102M | $75.5M | $139M | |
| Income tax | $5.75M | $10.2M | $5.62M | $6.08M | -$1.09M | $6.57M | $11.2M | -$4.56M | $8.09M | $12.1M | -$992M | -$22M | |
| Net income | -$365M | -$55.3M | -$31.9M | -$9.73M | -$12.5M | $20M | $22.4M | $37.2M | -$45.9M | $90.1M | $1.07B | $161M | |
| EPS (basic) | -$2.01 | -$0.31 | -$0.19 | -$0.06 | -$0.08 | $0.13 | $0.15 | $0.24 | -$0.30 | $0.59 | $6.99 | $1.04 | |
| EPS (diluted) | -$2.01 | -$0.31 | -$0.19 | -$0.06 | -$0.08 | $0.12 | $0.14 | $0.23 | -$0.30 | $0.57 | $6.68 | $1.00 | |
| Shares (basic, weighted) | 182M | 181M | 170M | 159M | 166M | 153M | 153M | 153M | 152M | 152M | 153M | 154M | |
| Shares (diluted, weighted) | 182M | 181M | 170M | 159M | 166M | 162M | 160M | 159M | 152M | 158M | 160M | 162M | |
| Depreciation & amortization | $65.4M | $53.3M | $52.1M | $54.9M | $49.8M | $49.6M | $49.8M | $48.5M | $47.5M | $34.2M | $31.6M | $27.7M | |
| EBITDA | $15.4M | $19.8M | $25.8M | $51.2M | $36.3M | $76.1M | $83.4M | $81.2M | $9.78M | $136M | $107M | $167M |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $277M | $399M | $650M | $1.13B | $1.76B | $2.84B | $3.83B | $4.15B | $4.46B | $5.07B | |
| Cost of revenue | $121M | $183M | $301M | $526M | $846M | $1.45B | $2.01B | $2.11B | $2.18B | $2.59B | |
| Gross profit | $157M | $216M | $349M | $609M | $916M | $1.39B | $1.81B | $2.04B | $2.28B | $2.48B | |
| Research & development | $77.9M | $121M | $171M | $391M | $531M | $789M | $1.08B | $943M | $1.01B | $1.02B | |
| Sales & marketing | $65.3M | $101M | $176M | $369M | $567M | $1.04B | $1.17B | $946M | $814M | $828M | |
| General & administrative | $51.1M | $60.8M | $118M | $218M | $311M | $472M | $517M | $468M | $449M | $411M | |
| Other operating expenses | $3.86M | $0 | $0 | $0 | $0 | $0 | $81.8M | $77.1M | $47.3M | $45.6M | |
| Operating expenses | $198M | $282M | $464M | $979M | $1.41B | $2.31B | $2.84B | $2.43B | $2.32B | $2.3B | |
| Operating income | -$41.3M | -$66.1M | -$115M | -$370M | -$493M | -$916M | -$1.03B | -$390M | -$40.4M | $175M | |
| Interest income | $0 | $0 | $3M | $20.8M | $32.4M | $55.7M | $64.6M | $77.7M | $90.2M | $70.6M | |
| Interest expense | $0 | $0 | $14.9M | $25.1M | $25M | $0 | $0 | $0 | $0 | $0 | |
| Other non-operating income (gains on investments, FX ...) | -$3.86M | $0 | $0 | $0 | $0 | $45.3M | $213M | $606M | $48.2M | $120M | |
| Total non-operating income | $317K | $3.07M | -$5.92M | $7.57M | -$11.5M | -$45.3M | -$213M | -$606M | -$48.2M | -$120M | |
| Income before tax | -$41M | -$63M | -$121M | -$362M | -$504M | -$961M | -$1.24B | -$997M | -$88.6M | $55.1M | |
| Income tax | $326K | $705K | $791K | -$55.2M | -$13.4M | -$11M | $12.5M | $18.7M | $20.8M | $21.3M | |
| Net income | -$41.3M | -$63.7M | -$122M | -$307M | -$491M | -$950M | -$1.26B | -$1.02B | -$109M | $33.8M | |
| EPS (basic) | -$0.47 | -$0.70 | -$1.26 | -$2.36 | -$3.35 | -$5.45 | -$6.86 | -$5.54 | -$0.66 | $0.22 | |
| EPS (diluted) | -$0.47 | -$0.70 | -$1.26 | -$2.36 | -$3.35 | -$5.45 | -$6.86 | -$5.54 | -$0.66 | $0.21 | |
| Shares (basic, weighted) | 87.9M | 91.2M | 97.1M | 130M | 147M | 174M | 183M | 183M | 166M | 153M | |
| Shares (diluted, weighted) | 88.6M | 91.2M | 97.1M | 130M | 147M | 174M | 183M | 183M | 166M | 160M | |
| Depreciation & amortization | $8.32M | $18.8M | $26.1M | $110M | $150M | $258M | $279M | $284M | $206M | $217M | |
| EBITDA | -$29.1M | -$47.3M | -$89.1M | -$259M | -$343M | -$703M | -$965M | -$712M | $117M | $273M |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-02