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Twilio TWLO Ratios & Valuation

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Gross margin196.9%-6.3pp198.7%-3.9pp200.9%+0.1pp202.5%+4.0pp203.2%+7.5pp
Returns
Return on invested capital5.8%+16.8pp2.8%+19.9pp0.1%+24.5pp-5.2%+21.5pp-10.9%+20.3pp
Efficiency
Asset turnover+0.4×1.9×+0.4×1.8×+0.3×1.7×+0.3×1.6×+0.3×
Liquidity
Current ratio18.3×-1.3×18.4×-3.0×18.6×-5.3×18.9×-6.3×19.6×-6.2×
Leverage
Debt-to-equity0.6×0.0×0.6×0.0×0.6×0.0×0.6×+0.1×0.5×+0.1×
Net debt / EBITDA4.1×6.2×10.5×
Per Share
Book value per share$198.25-0.9%$198.38-2.2%$197.37-5.1%$199.50-5.5%$200.12-6.7%
Valuation
Market capitalization$74.55B+40.9%$70.44B+43.7%$65.45B+41.5%$61.19B+33.7%$52.91B+12.4%
Price / sales14.9×+3.0×14.6×+3.2×14×+3.1×13.5×+2.5×12×+0.6×
Price / book9.5×+3.0×8.9×+3.1×8.2×+3.1×7.6×+2.8×6.5×+1.7×
EV / EBITDA241×277.5×353.4×

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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.