12 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $5.1B | $34M | 48.9% | 3.1% | 0.4% | 0.3% | — | $992M | $682M |
| 2024 | $4.5B | -$109M | 51.1% | -1.2% | -1.4% | -1.1% | — | $991M | $421M |
| 2023 | $4.2B | -$1.0B | 49.2% | -21.1% | -10.4% | -8.7% | — | $989M | $656M |
| 2022 | $3.8B | -$1.3B | 47.4% | -31.5% | -11.9% | -10.0% | — | $987M | $652M |
| 2021 | $2.8B | -$950M | 48.9% | -32.2% | -8.6% | -7.3% | -$104M | $986M | $1.5B |
| 2020 | $1.8B | -$491M | 52.0% | -28.0% | -5.8% | -5.2% | $7M | $302M | $934M |
| 2019 | $1.1B | -$307M | 53.7% | -32.6% | -7.2% | -6.0% | -$31M | — | $254M |
| 2018 | $650M | -$122M | 53.7% | -17.7% | -27.8% | -11.9% | $3M | — | $487M |
| 2017 | $399M | -$64M | 54.2% | -16.6% | -17.7% | -14.2% | -$13M | — | $115M |
| 2016 | $277M | -$41M | 56.5% | -14.9% | -12.5% | -10.0% | -$4M | — | $306M |
| 2015 | — | -$36M | — | — | -30.4% | -22.5% | -$20M | — | $109M |
| 2014 | — | -$27M | — | — | -85.8% | — | — | — | $33M |
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Jun '26 | $1.5B | $1.1B | 48.4% | 5.6% | 11.9% | 9.8% | — | $993M | $823M |
| Mar '26 | $1.4B | $90M | 48.6% | 7.7% | 1.2% | 0.9% | — | $993M | $542M |
| Dec '25 | $1.4B | -$46M | 48.5% | 4.2% | -0.6% | -0.5% | — | $992M | $682M |
| Sep '25 | $1.3B | $37M | 48.6% | 3.1% | 0.5% | 0.4% | — | $992M | $735M |
| Jun '25 | $1.2B | $22M | 49.1% | 3.0% | 0.3% | 0.2% | — | $991M | $969M |
| Mar '25 | $1.2B | $20M | 49.6% | 2.0% | 0.3% | 0.2% | — | $991M | $467M |
| Dec '24 | $1.2B | -$12M | 50.2% | 1.1% | -0.2% | -0.1% | — | $991M | $421M |
| Sep '24 | $1.1B | -$10M | 51.0% | -0.4% | -0.1% | -0.1% | — | $990M | $584M |
| Jun '24 | $1.1B | -$32M | 51.3% | -1.8% | -0.4% | -0.3% | — | $990M | $755M |
| Mar '24 | $1.0B | -$55M | 52.0% | -4.2% | -0.6% | -0.5% | — | $989M | $673M |
| Dec '23 | $1.1B | -$365M | 49.4% | -33.6% | -3.8% | -3.1% | — | $989M | $656M |
| Sep '23 | $1.0B | -$142M | 50.0% | -10.5% | -1.4% | -1.2% | — | $989M | $678M |
| Jun '23 | $1.0B | -$166M | 48.7% | -13.7% | -1.7% | -1.4% | — | $988M | $675M |
| Mar '23 | $1.0B | -$342M | 48.7% | -26.2% | -3.3% | -2.8% | — | $988M | $635M |
| Dec '22 | $1.0B | -$229M | 47.0% | -21.3% | -2.2% | -1.8% | — | $987M | $652M |
| Sep '22 | $983M | -$482M | 47.0% | -46.5% | -4.6% | -3.8% | -$134M | $987M | $633M |
| Jun '22 | $943M | -$323M | 47.2% | -33.1% | -3.0% | -2.5% | -$66M | $987M | $799M |
| Mar '22 | $875M | -$222M | 48.6% | -24.9% | -2.0% | -1.7% | -$25M | $986M | $1.6B |
| Dec '21 | $843M | -$291M | 47.1% | -33.7% | -2.6% | -2.2% | -$51M | $986M | $1.5B |
| Sep '21 | $740M | -$224M | 49.3% | -31.4% | -2.0% | -1.7% | -$68M | $986M | $1.5B |
How the market has priced TWLO against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Twilio Inc's revenue has grown 23.5% per year. These are computed facts, not advice.
As of FY2025, Twilio Inc reported $992M of total debt against $682M of cash.
In FY2025, gross margin was 48.9%, operating margin 3.1%, and net margin 0.7%.
As of Sep '26, Twilio Inc traded at a price-to-earnings ratio of about 1085.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.