Twilio (TWLO) FCF Margin (2015 - 2026)
Twilio's (TWLO) quarterly FCF Margin came in at 23.73% in Q2 2026, up 428.0% year-over-year from 4.49% in Q2 2025, and up 144.57% quarter-over-quarter from 9.7% in Q1 2026.
Analysis
Twilio (TWLO) FCF Margin (2015 - 2026) Analysis & Trends
Twilio has disclosed FCF Margin across 12 years of filings, most recently posting 23.73% for Q2 2026.
- In Q2 2026, FCF Margin rose 428.0% year-over-year to 23.73%; the TTM figure through Jun 2026 stood at 75.35% (up 6007.0% YoY), while the FY2022 annual figure was 10.48%, down 416.0% from the prior year.
- FCF Margin came in at 23.73% for Q2 2026 at Twilio, up from 9.7% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 23.73% in Q2 2026 to a low of 17.79% in Q3 2022.
- Average FCF Margin over 5 years is 8.76%, with a median of 16.03% recorded in 2025.
- Year-over-year, FCF Margin plunged 897 bps in 2022 and jumped 3675 bps in 2023.
- Over 5 years, FCF Margin stood at 17.79% in 2022, then jumped by 207 bps to 18.96% in 2023, then declined by 12 bps to 16.75% in 2024, then gained by 14 bps to 19.15% in 2025, then advanced by 24 bps to 23.73% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 23.73% in Q2 2026, 9.7% in Q1 2026, and 19.15% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Twilio | 34.41 Bn | 31.76 Bn | 725.87 Mn | 23.73% |
| 2 | Zoom Communications | 28.30 Bn | 21.05 Bn | 985.50 Mn | - |
| 3 | Nice | 6.33 Bn | 5.97 Bn | 995.81 Mn | 20.58% |
| 4 | RingCentral | 5.92 Bn | 5.81 Bn | 472.31 Mn | 29.04% |
| 5 | Five9 | 2.35 Bn | 1.70 Bn | 166.74 Mn | 9.09% |
| 6 | Bandwidth | 1.40 Bn | 1.23 Bn | 78.54 Mn | 11.89% |
| 7 | Consensus Cloud Solutions | 666.02 Mn | 567.11 Mn | 73.07 Mn | 27.86% |
| 8 | Ooma | 629.68 Mn | 612.15 Mn | 50.99 Mn | 12.98% |
| 9 | Agora | 376.18 Mn | 300.33 Mn | 25.74 Mn | -4.75% |
| 10 | 8X8 | 256.05 Mn | 161.09 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.73% |
| Mar 31, 2026 | 9.70% |
| Sep 30, 2025 | 19.15% |
| Jun 30, 2025 | 19.45% |
| Mar 31, 2025 | 15.31% |
| Sep 30, 2024 | 16.75% |
| Jun 30, 2024 | 18.35% |
| Mar 31, 2024 | 17.09% |
| Sep 30, 2023 | 18.96% |
| Jun 30, 2023 | 8.20% |
| Mar 31, 2023 | -11.86% |
| Sep 30, 2022 | -17.79% |
| Jun 30, 2022 | -9.30% |
| Mar 31, 2022 | -5.14% |
| Dec 31, 2021 | -11.03% |
| Sep 30, 2021 | -9.94% |
| Jun 30, 2021 | -0.32% |
| Mar 31, 2021 | -1.82% |
| Dec 31, 2020 | -0.41% |
| Sep 30, 2020 | -9.19% |