← TWILIO INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $277.3m | $399.0m | $650.1m | $1.1b | $1.8b | $2.8b | $3.8b | $4.2b | $4.5b | $5.1b | |
| Cost of Revenue | $120.5m | $182.9m | $300.8m | $525.6m | $846.1m | $1.5b | $2.0b | $2.1b | $2.2b | $2.6b | |
| Gross Profit | $156.8m | $216.1m | $349.2m | $608.9m | $915.7m | $1.4b | $1.8b | $2.0b | $2.3b | $2.5b | |
| Operating Expenses | $198.1m | $282.2m | $464.5m | $978.7m | $1.4b | $2.3b | $3.0b | $2.9b | $2.3b | $2.3b | |
| Operating Income (Loss) | ($41.3m) | ($66.1m) | ($115.2m) | ($369.8m) | ($492.9m) | ($915.6m) | ($1.2b) | ($876.5m) | ($53.7m) | $157.8m | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $900k | $5.7m | $7.2m | $72.9m | $98.6m | $198.8m | $206.4m | $192.5m | $112.0m | $108.3m | |
| Capitalized Computer Software, Amortization | $5.5m | $8.4m | $13.0m | $17.1m | $18.0m | — | — | — | — | — | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $46.2m | $8.2m | $0 | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $46.2m | $8.2m | $0 | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | ($14.0m) | ($46.7m) | ($96.4m) | ($328.9m) | ($403.1m) | ($737.4m) | ($1.0b) | ($816.1m) | $41.0m | $150.9m | |
| Income (Loss) from Equity Method Investments | — | — | — | — | — | — | ($35.3m) | ($121.9m) | ($108.5m) | ($101.2m) | |
| Investment Income, Interest | — | $2.6m | $3.0m | $20.8m | $32.4m | $55.7m | $64.6m | $77.7m | $90.2m | $70.6m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ($41.0m) | ($63.0m) | ($121.2m) | ($362.2m) | ($504.4m) | ($960.9m) | ($1.2b) | ($996.7m) | ($88.6m) | $55.1m | |
| Net Income (Loss) Attributable to Parent | ($41.3m) | ($63.7m) | ($121.9m) | ($307.1m) | ($491.0m) | ($949.9m) | ($1.3b) | ($1.0b) | ($109.4m) | $33.8m | |
| Net Income (Loss) Available to Common Stockholders, Basic | ($41.3m) | ($63.7m) | ($121.9m) | ($307.1m) | ($491.0m) | ($949.9m) | ($1.3b) | ($1.0b) | ($109.4m) | $33.8m | |
| Earnings Per Share, Basic | — | — | — | ($2.36) | ($3.35) | ($5.45) | ($6.86) | ($5.54) | ($0.66) | $0.22 | |
| Earnings Per Share, Diluted | — | — | — | — | — | ($5.45) | ($6.86) | ($5.54) | ($0.66) | $0.21 | |
| Weighted Average Number of Shares Outstanding, Basic | — | — | — | — | — | 174.2m | 183.0m | 183.3m | 165.9m | 153.0m | |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | — | — | — | 174.2m | 183.0m | 183.3m | 165.9m | 159.8m | |
| Other income (expense): | |||||||||||
| Research and Development Expense | $77.9m | $120.7m | $171.4m | $391.4m | $530.5m | $789.2m | $1.1b | $942.8m | $1.0b | $1.0b | |
| Selling and Marketing Expense | $65.3m | $100.7m | $175.6m | $369.1m | $567.4m | $1.0b | $1.2b | $1.0b | $860.8m | $873.2m | |
| General and Administrative Expense | $51.1m | $59.6m | $110.4m | $218.3m | $310.6m | $472.5m | $517.4m | $468.5m | $449.1m | $410.7m | |
| Other Nonoperating Income (Expense) | $317k | $3.1m | ($5.9m) | $7.6m | ($11.5m) | ($45.3m) | ($3.0m) | $47.9m | $81.8m | $79.1m | |
| Current Income Tax Expense (Benefit) | $297k | $1.0m | $1.0m | $2.9m | $5.5m | $8.8m | $25.5m | $35.5m | $22.8m | $22.5m | |
| Income Tax Expense (Benefit) | $326k | $705k | $791k | ($55.2m) | ($13.4m) | ($11.0m) | $12.5m | $18.7m | $20.8m | $21.3m | |
| Nonoperating Income (Expense) | — | — | — | — | — | — | ($38.3m) | ($120.2m) | ($34.9m) | ($102.7m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.