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Twilio TWLO Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin48.7%-0.2pp48.9%-0.4pp49.3%-0.6pp50%-0.6pp50.5%-0.6pp
Operating margin4.6%+1.5pp3.1%
EBITDA margin8%+1.0pp7%+1.1pp5.8%+0.7pp5.1%+1.0pp4.1%+1.3pp
Returns
Return on invested capital2.9%+1.0pp1.9%+1.0pp0.9%+0.6pp0.2%+0.4pp-0.2%+0.7pp
Efficiency
Asset turnover0.5×0.0×0.5×0.0×0.5×0.0×0.5×0.0×0.4×0.0×
Liquidity
Current ratio4.7×+0.6×-0.7×4.7×-0.2×4.9×+0.1×4.8×+0.6×
Quick ratio4.7×+0.6×-0.7×4.7×-0.2×4.9×+0.1×4.8×+0.6×
Cash ratio0.7×0.0×0.8×-0.2×-0.4×1.4×+0.7×0.7×+0.1×
Leverage
Debt-to-equity0.1×0.0×0.1×0.0×0.1×0.0×0.1×0.0×0.1×0.0×
Debt-to-assets0.1×0.0×0.1×0.0×0.1×0.0×0.1×0.0×0.1×0.0×
Net debt / EBITDA1.2×+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%
Enterprise value$19.59B-10.8%$21.96B+39.7%$15.72B-15.9%$18.69B+20.1%$15.57B-9.8%
Price / sales3.6×-0.7×4.3×+1.1×3.1×-0.8×3.9×+0.7×3.3×-0.5×
Price / book2.4×-0.3×2.8×+0.8×1.9×-0.4×2.3×+0.4×1.9×-0.2×
EV / EBITDA46.4×-15.8×62.2×+7.1×55.1×-22.2×77.4×-5.5×82.9×-55.2×
EV / sales3.7×-0.6×4.3×+1.1×3.2×-0.7×+0.6×3.4×-0.5×

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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.