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Twilio Income Statement

Revenue, expenses, and profitability over time

Twilio generated $5.3B in trailing twelve-month revenue, up 0.2% year-over-year. Net income was $169.8M with a 1.37% net margin. Gross margin stands at 48.69% and operating margin at 4.57%. Diluted EPS is $1.06, which grew 2.6% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$5.3BGross Profit (TTM)$2.6BOperating Income (TTM)$242.4MNet Income (TTM)$67.2MEps Diluted (TTM)$0.40
Latest FilingQ1 2026
Report Date2026-05-01
Market Cap$31.4B
P/E Ratio184.66
ROE0.834%

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share$-0.09$0.13$0.15$0.24—$0.59
Diluted earnings per share$-0.09$0.12$0.14$0.23—$0.57
Weighted-average shares, basic165.9M153.3M153.2M153.1M153M152.4M
Weighted-average shares, diluted165.9M161.8M159.7M159.2M159.8M157.8M

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income from equity method investments-$29.7M-$19.5M-$25.2M-$27.5M-$29M-$27.2M
Other income (expense), net-$27.3M$3.5M-$3.4M-$8.3M-$94.5M-$5.4M

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
General and administrative$115.8M$92.1M$101.5M$108.2M$108.9M$102.5M
Other operating expenses$586M$558.5M$565.8M$591.1M$605.6M$576.6M
Research and development$244M$254.3M$243.5M$262.3M$260.1M$262.2M
Selling and marketing$212.9M$212.1M$220.7M$220.6M$219.8M$211.9M
Total operating expenses$586M$558.5M$565.8M$591.1M$605.6M$576.6M

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gross profit$599.7M$581.6M$602.7M$632.1M$662.4M$684.2M
Operating income—$23.1M$37M$40.9M$56.8M$107.7M

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes-$13.6M$26.6M$33.6M$32.7M—$102.2M

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income tax expense$0$6.6M$11.2M-$4.6M$8.1M$12.1M

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income-$12.5M$20M$22.4M$37.2M—$90.1M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Equity method investment, impairment$0———$80.6M—
Other income, net (Note 6)$10.6M$23M$21.8M$19.2M$15.1M$21.8M
Revenue From Contract With Customer Excluding Assessed Tax$1.2B$1.2B$1.2B$1.3B$1.4B$1.4B

Cost of Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total cost of revenue$595.1M$590.9M$625.7M$668.3M$703.6M$722.7M

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total revenue$1.2B$1.2B$1.2B$1.3B$1.4B$1.4B