Twilio (TWLO) Cost of Revenue (2015 - 2026)

Twilio has disclosed Cost of Revenue across 12 years of filings, most recently posting $773.2 million for Q2 2026.

• In Q2 2026, Cost of Revenue rose 23.58% year-over-year to $773.2 million; the TTM figure through Jun 2026 stood at $2.8 billion (up 17.88% YoY), while the FY2022 annual figure was $2.0 billion, up 38.7% from the prior year.
• Cost of Revenue came in at $773.2 million for Q2 2026 at Twilio, up from $722.7 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $773.2 million in Q2 2026 to a low of $450.3 million in Q1 2022.
• Average Cost of Revenue over 5 years is $569.6 million, with a median of $543.4 million recorded in 2022.
• Year-over-year, Cost of Revenue jumped 54.38% in 2022 and decreased 2.49% in 2024.
• Over 5 years, Cost of Revenue stood at $543.4 million in 2022, then rose by 0.25% to $544.8 million in 2023, then increased by 9.24% to $595.1 million in 2024, then advanced by 12.3% to $668.3 million in 2025, then increased by 15.7% to $773.2 million in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $773.2 million in Q2 2026, $722.7 million in Q1 2026, and $668.3 million in Q3 2025.