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Twilio TWLO Debt-to-equity

Debt-to-equity at other companies

Adobe logo
AdobeADBE
0.6×0.0×
Cognizant logo
CognizantCTSH
0.1×0.0×
MTZ
MasTecMTZ
0.0×

Other financials

Income statement

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Revenue$1.4B+20.0%
Gross profit$684.2M+17.7%
Operating income$107.7M+366%
Net income$90.1M+350%
EPS (diluted)$0.57+375%

Balance sheet

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Cash & equivalents$542.0M+13.5%
Total debt$1.1B-3.0%
Total equity$7.8B-2.8%
Total assets$9.6B-2.4%

Cash flow

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Operating cash flow$153.2M-19.8%

Valuation

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Market cap$28.55B+27.6%
Enterprise value$29.08B+25.8%
P/E168.1×
P/S5.4×+0.5×

Profitability

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Gross margin48.7%-1.8pp
Operating margin4.6%
Net margin1.4%+0.7pp

Returns & leverage

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Return on equity0.8%+0.4pp
Current ratio4.7×-0.1×

Where this comes from

Calculated from Twilio’s reported figures.

Based on the most recent quarter.

The official record: Twilio’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Twilio's debt-to-equity?
Twilio (TWLO) reported debt-to-equity of 0.1× in Q1 2026.
How has Twilio's debt-to-equity changed year-over-year?
Twilio's debt-to-equity decreased by 0.2% year-over-year, from 0.1× to 0.1×.
What is the long-term trend for Twilio's debt-to-equity?
Over 4 years (2021 to 2025), Twilio's debt-to-equity has grown at a 2.4% compound annual growth rate (CAGR), from 0.5× to 0.6×.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.