Operating
Twilio·Cash Flow Statement·22 metrics
Breakdown
| Metric | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Change in accrued liabilities | $36.1M | $0 | $71.4M | -$94.3M | $54.2M | $44M | $98.7M | -$155.8M |
| Net cash from operating activities | $213.3M | $204.3M | $108.4M | $191M | $277.1M | $263.6M | $271.6M | $153.2M |
| Stock-based compensation | $147.7M | $154.6M | $155.8M | $139.3M | $149.3M | $158.2M | $153.7M | $136.5M |
| Net income | -$31.9M | -$9.7M | -$12.5M | $20M | $22.4M | $37.2M | — | $90.1M |
| Increase (Decrease) in Prepaid Expense and Other Assets | -$2.9M | -$13.8M | $187.1M | -$33.5M | -$51.1M | — | — | -$75.4M |
| Change in accounts receivable | $4.5M | $23.7M | $48.5M | -$8.5M | $11.6M | $27.8M | $24.1M | $74.9M |
| Depreciation and amortization | $52.1M | $50.8M | $49.8M | $49.6M | $49.8M | $48.5M | $47.5M | $34.2M |
| Equity in earnings (losses) of equity method investees | -$23.9M | -$25.3M | -$29.7M | -$19.5M | -$25.2M | -$27.5M | -$29M | -$27.2M |
| Amortization of deferred commissions | $19M | $19.2M | $19.4M | $19.3M | $19.1M | $18.5M | $17.6M | $17.1M |
| Amortization of costs capitalized to obtain revenue contracts, net | $19M | $19.2M | $19.4M | $19.3M | $19.1M | $18.5M | $17.6M | $17.1M |
| Other working capital changes | $3.6M | — | — | $7.5M | $951K | — | — | $10.4M |
| Change in operating lease liabilities | -$11.7M | -$11.2M | -$13.4M | -$10.3M | -$8.4M | -$8.2M | -$8.7M | -$9.1M |
| Operating lease liabilities | -$11.7M | -$11.2M | -$13.4M | -$10.3M | -$8.4M | -$8.2M | -$8.7M | -$9.1M |
| Change in accounts payable | -$21.3M | — | — | $7.9M | -$32.2M | -$35.5M | — | $6.5M |
| Net gains (losses) on investments | -$23.9M | -$25.3M | — | -$750K | -$25.2M | -$27.5M | $73.2M | $4.8M |
| Non-cash operating lease expense | $5M | $4.1M | $4.9M | $5.2M | $5.3M | $6.1M | $5.4M | $4.7M |
| Operating lease right-of-use asset amortization | $5M | $4.1M | $4.9M | $5.2M | $5.3M | $6.1M | $5.4M | $4.7M |
| Change in other assets | $4.5M | $21.8M | $27.6M | $9.4M | $42M | $12.8M | $57.9M | $3.2M |
| Accretion (Amortization) of Discounts and Premiums, Investments | $6.5M | $5.5M | $4.8M | $4.3M | $3.9M | $3.3M | $2.7M | $2.1M |
| Change in deferred revenue | -$3.6M | $7K | $16.9M | -$1.6M | -$6M | $11.2M | — | $892K |
| Change in other liabilities | -$968K | -$487K | -$885K | $79K | $723K | -$1.1M | -$950K | -$110K |
| Other long-term liabilities | -$968K | -$487K | -$885K | $79K | $723K | -$1.1M | -$950K | -$110K |