Twilio TWLO Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 48.7%-0.2pp | 48.9%-0.4pp | 49.3%-0.6pp | 50%-0.6pp | 50.5%-0.6pp | |
| Operating margin | 4.6%+1.5pp | 3.1%— | —— | —— | —— | |
| Returns | ||||||
| Return on invested capital | 2.9%+1.0pp | 1.9%+1.0pp | 0.9%+0.6pp | 0.2%+0.4pp | -0.2%+0.7pp | |
| Efficiency | ||||||
| Asset turnover | 0.5×0.0× | 0.5×0.0× | 0.5×0.0× | 0.5×0.0× | 0.4×0.0× | |
| Liquidity | ||||||
| Current ratio | 4.7×+0.6× | 4×-0.7× | 4.7×-0.2× | 4.9×+0.1× | 4.8×+0.6× | |
| Leverage | ||||||
| Debt-to-equity | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | |
| Net debt / EBITDA | 1.2×+0.1× | 1.1×-0.1× | 1.3×+0.8× | 0.5×-2.8× | 3.3×-2.1× | |
| Per Share | ||||||
| Book value per share | $49.34+0.8% | $48.95-1.3% | $49.59-1.6% | $50.37+1.8% | $49.47+3.2% | |
| Valuation | ||||||
| Market capitalization | $19.06B-11.6% | $21.57B+40.4% | $15.36B-17.3% | $18.57B+24.2% | $14.94B-9.9% | |
| Price / sales | 3.6×-0.7× | 4.3×+1.1× | 3.1×-0.8× | 3.9×+0.7× | 3.3×-0.5× | |
| Price / book | 2.4×-0.3× | 2.8×+0.8× | 1.9×-0.4× | 2.3×+0.4× | 1.9×-0.2× | |
| EV / EBITDA | 46.4×-15.8× | 62.2×+7.1× | 55.1×-22.2× | 77.4×-5.5× | 82.9×-55.2× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Twilio's profit margins?
- Twilio (TWLO) runs a 48.7% gross margin and a 4.6% operating margin, with a 1.4% net margin.
- Where do Twilio's ratios come from?
- Every ratio is computed from Twilio's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
