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Twilio TWLO Amortization of deferred commissions

Amortization of deferred commissions at other companies

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$12.28M+30.3%

Other financials

Income statement

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Revenue$1.5B+22.0%
Gross profit$725.9M+20.4%
Operating income$84.5M+129%
Net income$1.1B+4,659%
EPS (diluted)$6.68+4,671%

Balance sheet

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Cash & equivalents$823.3M-16.1%
Total debt$1.1B-3.4%
Total equity$9.0B+11.6%
Total assets$10.8B+10.1%

Cash flow

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Operating cash flow$372.4M+34.4%
CapEx$17.9M-16.7%
Free cash flow-$133.6M-97.7%

Valuation

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Market cap$36.62B+158%
Enterprise value$36.86B+158%
P/E30.1×
P/S6.6×+3.6×

Profitability

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Gross margin48.5%-1.4pp
Operating margin5.2%
Net margin1.4%+0.7pp
FCF margin-7.6%-10.9pp

Returns & leverage

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Return on equity0.8%+0.4pp
Debt / equity0.1×0.0×
Current ratio4.6×-0.3×

Where this comes from

Reported directly by Twilio in its filing.

Tagged under the XBRL concept us-gaap:CapitalizedContractCostAmortization.

The source filing: Twilio’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:18 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001447669-26-000092
CASH FLOWS FROM OPERATING ACTIVITIES:Six Months Ended / June 30, 2026 / (In thousands)Six Months Ended / June 30, 2025 / (In thousands)
Non-cash reduction to the right-of-use asset9,48410,516
Net amortization of investment premium and discount(4,093)(8,182)
Stock-based compensation278,423288,524
Amortization of deferred commissions33,55638,387
Provision for doubtful accounts10,7633,686
Value of shares of Class A common stock issued and donated to charity6,8015,013
Share of losses from equity method investment51,56944,693
Tax benefit related to release of valuation allowance(944,097)

Item 1. Financial Statements (unaudited)

FAQ

What is Twilio's amortization of deferred commissions?
Twilio (TWLO) reported amortization of deferred commissions of $16.42M in Q2 2026.
How has Twilio's amortization of deferred commissions changed year-over-year?
Twilio's amortization of deferred commissions decreased by 14.1% year-over-year, from $19.12M to $16.42M.
What is the long-term trend for Twilio's amortization of deferred commissions?
Over 4 years (2021 to 2025), Twilio's amortization of deferred commissions has grown at a 24.0% compound annual growth rate (CAGR), from $31.54M to $74.53M.
What does amortization of deferred commissions mean?
This represents the non-cash expense related to the amortization of capitalized sales commissions over the expected period of benefit. Under accounting standards, these commissions are treated as assets and expensed over time rather than immediately. Adding this back reconciles the accounting expense to the actual cash paid to sales teams.

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