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Twilio TWLO EV / sales

EV / sales at other companies

Adobe logo
AdobeADBE
4.2×-3.6×
AT&T logo
AT&TT
2.7×0.0×
Cognizant logo
CognizantCTSH
1.4×-0.5×
MTZ
MasTecMTZ
1.9×+0.9×

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$28.26B+27.6%
Enterprise value$28.78B+25.8%
P/E166.4×
P/S5.3×+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
Debt / equity0.1×0.0×
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 EV / sales?
Twilio (TWLO) reported EV / sales of 3.7× in Q1 2026.
How has Twilio's EV / sales changed year-over-year?
Twilio's EV / sales increased by 8.8% year-over-year, from 3.4× to 3.7×.
What is the long-term trend for Twilio's EV / sales?
Over 4 years (2021 to 2025), Twilio's EV / sales has grown at a -37.9% compound annual growth rate (CAGR), from 99.8× to 14.9×.
What does EV / sales mean?
What the whole business costs relative to its annual sales.
How do you interpret EV / sales?
A fallback valuation gauge for pre-profit or cyclical firms. Like P/S, only comparable across similar-margin businesses, but it accounts for debt and cash unlike P/S.
How does EV / sales compare across companies?
Compare within a margin cohort; the debt-and-cash adjustment makes it cleaner than P/S for leveraged firms.