TWLO · XBRL financial data

Twilio financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (TWLO's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	1,762	2,842	3,826	4,154	4,458	5,067
Cost of revenue	846	1,451	2,013	2,110	2,180	2,588
Gross profit	916	1,391	1,814	2,044	2,278	2,479
Research and development	531	789	1,079	943	1,009	1,020
General and administrative	311	472	517	468	449	411
Total operating expenses	1,409	2,306	3,019	2,920	2,332	2,321
Operating income (loss)	(493)	(916)	(1,205)	(877)	(54)	158
Interest income	32	56	65	78	90	71
Other income (expense)	(12)	(45)	(3)	48	82	79
Income tax expense (benefit)	(13)	(11)	13	19	21	21
Net income (loss)	(491)	(950)	(1,256)	(1,015)	(109)	34
Earnings per share, basic USD per share	(3.35)	(5.45)	(6.86)	(5.54)	(0.66)	0.22
Earnings per share, diluted USD per share	(3.35)	(5.45)	(6.86)	(5.54)	(0.66)	0.21
Weighted average shares, basic millions of shares	147	174	183	183	166	153
Weighted average shares, diluted millions of shares	147	174	183	183	166	160

Fiscal years (TWLO's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	934	1,479	652	656	421	682
Marketable securities	2,106	3,878	3,503	3,356	1,963	1,788
Accounts receivable	251	388	548	563	589	637
Prepaid and other current assets	81	186	282	329	474	470
Total current assets	3,372	5,932	4,984	4,904	3,447	3,577
Right-of-use asset	259	235	121	74	53	39
Goodwill	4,595	5,263	5,284	5,243	5,243	5,292
Total assets	9,487	12,999	12,564	11,610	9,865	9,771
Accounts payable	60	93	125	120	100	85
Total current liabilities	448	704	808	738	820	887
Lease liability, non-current	230	211	165	121	86	54
Total liabilities	1,035	1,967	2,005	1,877	1,913	1,949
Accumulated deficit	(1,170)	(2,120)	(3,376)	(5,066)	(7,522)	(8,342)
Total stockholders' equity	8,453	11,031	10,559	9,733	7,953	7,822
Total liabilities and equity	9,487	12,999	12,564	11,610	9,865	9,771
Common shares outstanding (cover page) millions of shares	164	180	186	182	153	152

Fiscal years (TWLO's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(491)	(950)	(1,256)	(1,015)	(109)	34
Stock-based compensation	361	632	799	676	617	600
Depreciation and amortization	150	258	279	284	206	195
Net cash from operating activities	33	(58)	(254)	415	716	1,003
Purchases of property and equipment	26	46	—	—	—	—
Net cash from investing activities	(846)	(2,490)	(616)	229	1,371	81
Share repurchases	—	0	0	669	2,334	869
Net cash from financing activities	1,493	3,096	45	(644)	(2,312)	(833)
Net change in cash	680	548	(826)	(0)	(224)	251

SIC 7372 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 7372 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Twilio	1,062	1,560	389*	154.7M	Q3 FY26 10-QSep 30, 2026
Pinterest	654	1,174	316*	not reported	Q3 FY26 10-QSep 30, 2026
PTC	351	600	261*	108.5M	Q3 FY26 10-QJun 30, 2026
Zscaler	928	898*	279*	163.1M	Q4 FY26 10-KJul 31, 2026
MongoDB	1,002	772	142*	80.6M	Q2 FY27 10-QJul 31, 2026
Zoom Communications	932	1,277	495*	not reported	Q2 FY27 10-QJul 31, 2026
SS&C Technologies Holdings	435	1,696	417*	234.7M	Q2 FY26 10-QJun 30, 2026
Leidos Holdings	630	4,617	523*	122.0M	Q3 FY26 10-QOct 2, 2026
Reddit	1,358	895	364	not reported	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.