TWILIO INC
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $5.1B | $4.5B | $4.2B | $3.8B | $2.8B |
| Cost of revenue | $2.6B | $2.2B | $2.1B | $2.0B | $1.5B |
| Gross profit | $2.5B | $2.3B | $2.0B | $1.8B | $1.4B |
| Research and development | $1.0B | $1.0B | $942.8M | $1.1B | $789.2M |
| Operating expenses | $2.3B | $2.3B | $2.9B | $3.0B | $2.3B |
| Operating income | $157.8M | -$53.7M | -$876.5M | -$1.2B | -$915.6M |
| Pretax income | $55.1M | -$88.6M | -$996.7M | -$1.2B | -$960.9M |
| Income tax expense | $21.3M | $20.8M | $18.7M | $12.5M | -$11.0M |
| Net income | $33.8M | -$109.4M | -$1.0B | -$1.3B | -$949.9M |
| Balance Sheet | |||||
| Cash and equivalents | $682.3M | $421.3M | $655.9M | $651.8M | $1.5B |
| Current assets | $3.6B | $3.4B | $4.9B | $5.0B | $5.9B |
| Total assets | $9.8B | $9.9B | $11.6B | $12.6B | $13.0B |
| Current liabilities | $887.0M | $820.2M | $738.3M | $808.2M | $703.5M |
| Total liabilities | $1.9B | $1.9B | $1.9B | $2.0B | $2.0B |
| Stockholders' equity | $7.8B | $8.0B | $9.7B | $10.6B | $11.0B |
| Cash Flow Statement | |||||
| Cash from operations | $1.0B | $716.2M | $414.8M | -$254.4M | -$58.2M |
| Depreciation and amortization | $195.4M | $206.0M | $284.4M | $279.1M | $258.4M |
| Stock-based compensation | $600.4M | $616.6M | $675.9M | $798.6M | $632.3M |
| Capital expenditure | — | — | — | — | $46.0M |
| Free cash flow | — | — | — | — | -$104.2M |
| Share repurchases | $868.9M | $2.3B | $668.8M | $0 | $0 |
| Impairments | $0 | $0 | $34.8M | $97.7M | $0 |
Shares outstanding 151.8M · Free float 90.6%
Annual filing data through FY ended December 31, 2025; float as of July 13, 2026.