Twilio Inc. (TWLO) Financial Statements
Twilio financial statements at a glance
Twilio reported revenue of $5.07 billion for fiscal year 2025 (ended December 31, 2025), up 13.7% from fiscal year 2024. Net income was $33.83 million, a net margin of 0.7%, and diluted earnings per share were $0.21.
At the end of fiscal year 2025 it had total assets of $9.77 billion, total liabilities of $1.95 billion and shareholders' equity of $7.82 billion, with cash and short-term investments of $2.47 billion and total debt of $1.08 billion.
Its operations brought in $1.00 billion of cash; capital spending was $57.82 million, leaving free cash flow of $945.43 million.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.
Twilio Inc.
Income Statement
Annual • USD
Twilio key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $5.1B | $4.5B | $4.2B | $3.8B | $2.8B |
| Gross profit | $2.5B | $2.3B | $2.0B | $1.8B | $1.4B |
| Operating income | $174.7M | -$40.4M | -$390.3M | -$1.0B | -$915.6M |
| Net income | $33.8M | -$109.4M | -$1.0B | -$1.3B | -$949.9M |
| Diluted EPS | $0.21 | -$0.66 | -$5.54 | -$6.86 | -$5.45 |
| Total assets | $9.8B | $9.9B | $11.6B | $12.6B | $13.0B |
| Total liabilities | $1.9B | $1.9B | $1.9B | $2.0B | $2.0B |
| Shareholders' equity | $7.8B | $8.0B | $9.7B | $10.6B | $11.0B |
| Cash and short-term investments | $2.5B | $2.4B | $4.0B | $4.2B | $5.4B |
| Total debt | $1.1B | $1.1B | $1.2B | $1.2B | $1.3B |
| Operating cash flow | $1.0B | $716.2M | $414.8M | -$254.4M | -$58.2M |
| Capital spending | $57.8M | $58.8M | $51.2M | $80.2M | $90.0M |
| Free cash flow | $945.4M | $657.5M | $363.5M | -$334.6M | -$148.2M |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was Twilio's revenue in fiscal year 2025?
$5.07 billion, up 13.7% from $4.46 billion in fiscal year 2024.
How much profit does Twilio make?
Twilio reported net income of $33.83 million for fiscal year 2025 (0.7% of revenue); operating income was $174.68 million.
How much cash and debt does Twilio have?
At the end of fiscal year 2025: cash and short-term investments of $2.47 billion and total debt of $1.08 billion.
What is Twilio's free cash flow?
$945.43 million in fiscal year 2025 (operating cash flow of $1.00 billion minus capital spending of $57.82 million).
