Twilio (TWLO) FCF Margin (2015 - 2026)
Twilio's FCF Margin was 24.64% in Q2 2026, up 2.16 percentage points from 22.47% a year earlier and up 14.04 percentage points from the prior quarter.
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Analysis
Twilio (TWLO) FCF Margin (2015 - 2026) Analysis & Trends
On a trailing twelve-month basis, Twilio's FCF Margin was 18.84% through Jun 30, 2026, up 2.46 percentage points year-over-year; for FY2025, it came in at 19.68%, up 3.77 percentage points from FY2024.
- FCF Margin has now increased for three consecutive years, with a five-year change of +19.29 percentage points (FY2020 to FY2025).
- In earlier years, FCF Margin was 15.91% in FY2024 (+6.20 pp), 9.71% in FY2023 (+17.26 pp), -7.55% in FY2022 (-3.88 pp) and -3.67% in FY2021 (-4.06 pp).
- The Q2 2026 figure marks the highest quarterly FCF Margin in data going back to Q3 2015.
- Compared with a year earlier, FCF Margin was higher in four of the last eight quarters, with an average year-over-year change of -0.36 percentage points.
- The best year-over-year quarter for FCF Margin over five years was Q3 2023 (a gain of 33.49 percentage points); the worst was Q4 2024 (a drop of 11.68 percentage points).
- Per Business Quant data, TWLO's FCF Margin in the three quarters before Q2 2026 was 10.59% (Q1 2026), 19.77% (Q4 2025) and 20.10% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 93.84 Bn | 69.09 Bn | 6.00 Bn | 36.07% |
| 2 | Autodesk | 55.44 Bn | 43.47 Bn | 1.87 Bn | 27.42% |
| 3 | Atlassian | 40.30 Bn | 33.58 Bn | 1.53 Bn | 26.87% |
| 4 | Twilio | 31.65 Bn | 21.29 Bn | 760.53 Mn | 24.64% |
| 5 | Zoom Communications | 27.00 Bn | -3.73 Bn | 985.50 Mn | 36.99% |
| 6 | Figma | 10.35 Bn | 3.67 Bn | 314.44 Mn | 10.60% |
| 7 | Dropbox | 7.32 Bn | 2.95 Bn | 506.50 Mn | 37.24% |
| 8 | Open Text | 6.19 Bn | 1.62 Bn | 1.01 Bn | 9.04% |
| 9 | RingCentral | 6.11 Bn | 5.64 Bn | 494.30 Mn | 25.57% |
| 10 | Nice | 6.03 Bn | 4.61 Bn | 1.49 Bn | 18.11% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 24.64% |
| Jun 30, 2026 | 24.64% |
| Mar 31, 2026 | 10.59% |
| Dec 31, 2025 | 19.77% |
| Sep 30, 2025 | 20.10% |
| Jun 30, 2025 | 22.47% |
| Mar 31, 2025 | 16.19% |
| Dec 31, 2024 | 8.79% |
| Sep 30, 2024 | 17.95% |
| Jun 30, 2024 | 19.61% |
| Mar 31, 2024 | 18.00% |
| Dec 31, 2023 | 20.47% |
| Sep 30, 2023 | 19.90% |
| Jun 30, 2023 | 7.92% |
| Mar 31, 2023 | -10.39% |
| Dec 31, 2022 | -6.27% |
| Sep 30, 2022 | -13.59% |
| Jun 30, 2022 | -7.04% |
| Mar 31, 2022 | -2.81% |
| Dec 31, 2021 | -6.02% |
API Access
Twilio FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=TWLO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "TWLO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=TWLO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();