Twilio profit margin TWLO
Gross, operating and net profit as a share of revenue over the last twelve months, from 2015.
- Net margin, 12 months
- 20.6%
- Operating margin, 12 months
- 5.2%
- Net margin on a year earlier
- +20.2 pts
- Peer median
- 7.3%
Over the twelve months to Jun 30, 2026, Twilio kept 20.6% of its revenue as net profit, with an operating margin of 5.2% and a gross margin of 48.5%.
Five years earlier its net margin was −32.4%.
The median for 10 infrastructure software stocks of a similar size is 7.3%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 0.7% | 3.1% | 48.9% |
| FY2024 | −2.5% | −1.2% | 51.1% |
| FY2023 | −24.4% | −21.1% | 49.2% |
| FY2022 | −32.8% | −31.5% | 47.4% |
| FY2021 | −33.4% | −32.2% | 48.9% |
| FY2020 | −27.9% | −28.0% | 52.0% |
| FY2019 | −27.1% | −32.6% | 53.7% |
| FY2018 | −18.8% | −17.7% | 53.7% |
| FY2017 | −16.0% | −16.6% | 54.2% |
| FY2016 | −14.9% | −14.9% | 56.5% |
| FY2015 | −21.3% | −21.2% | 55.4% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 20.6% | +20.2 pts | 5.2% | |
| Q1 FY26 | 2.0% | +2.7 pts | 4.6% | |
| Q4 FY25 | 0.7% | +3.1 pts | 3.1% | |
| Q3 FY25 | 1.4% | +12.0 pts | 2.3% | |
| Q2 FY25 | 0.4% | +14.4 pts | 1.5% | |
| Q1 FY25 | −0.7% | +16.6 pts | 0.3% | |
| Q4 FY24 | −2.5% | +22.0 pts | −1.2% | |
| Q3 FY24 | −10.7% | +10.8 pts | −9.9% | |
| Q2 FY24 | −14.0% | +16.1 pts | −12.6% | |
| Q1 FY24 | −17.4% | +17.4 pts | −15.6% | |
| Q4 FY23 | −24.4% | +8.4 pts | −21.1% | |
| Q3 FY23 | −21.4% | +14.7 pts | −17.9% |
Against its peers
Companies in Software - Infrastructure nearest Twilio's size, closest first, today.
| Company | Profit margin |
|---|---|
| TWLOTwilio | 20.6% |
| ZSZscaler | −1.9% |
| OKTAOkta | 9.6% |
| XYZBlock | 1.4% |
| MDBMongoDB | 2.1% |
| VRSNVeriSign | 49.8% |
| CPAYCorpay | 22.7% |
| RBRKRubrik | −16.5% |
| IOTSamsara | 4.9% |
| FFIVF5 | 22.0% |
| PTCPTC | 41.4% |
| Peer median | 7.3% |
Where Twilio ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Twilio
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.