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

Twilio has disclosed Cost of Revenue across 12 years of filings, most recently posting $211.9 million for Q1 2026.

• Cost of Revenue for Q1 2026 came in at $211.9 million, down 64.14% year-over-year; the trailing twelve-month figure through Mar 2026 was $494.2 million (down 78.21% YoY), and the FY2025 annual result was $873.2 million, down 59.94% from the prior year.
• Cost of Revenue came in at $211.9 million for Q1 2026 at Twilio, up from -$1.0 billion in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $668.3 million in Q3 2025 to a low of -$1.0 billion in Q4 2025.
• The 5-year median for Cost of Revenue is $517.4 million (2023), against an average of $330.1 million.
• Across the five-year window, Cost of Revenue jumped 209.75% in 2024 and plunged 269.99% in 2025, its largest moves.
• Twilio's Cost of Revenue stood at $543.4 million in 2022, then slumped by 199.78% to -$542.2 million in 2023, then surged by 209.75% to $595.1 million in 2024, then slumped by 269.99% to -$1.0 billion in 2025, then jumped by 120.94% to $211.9 million in 2026.
• The last three Cost of Revenue figures came in at $211.9 million (Q1 2026), -$1.0 billion (Q4 2025), and $668.3 million (Q3 2025), per Business Quant data.