Twilio (TWLO) FCF Margin (2015 - 2026)

Twilio's (TWLO) quarterly FCF Margin came in at 9.7% in Q1 2026, down 649.0% year-on-year from 1.77% in Q1 2025, and down 56.36% quarter-over-quarter from 22.23% in Q4 2025.

Twilio (TWLO) FCF Margin (2015 - 2026) Analysis & Trends

Twilio has disclosed FCF Margin across 12 years of filings, most recently posting 9.7% for Q1 2026.

  • FCF Margin for Q1 2026 came in at 9.7%, down 649.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 17.81% (up 307.0% YoY), and the FY2025 annual result was 19.68%, up 478.0% from the prior year.
  • FCF Margin came in at 9.7% for Q1 2026 at Twilio, down from 22.23% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 22.47% in Q4 2023 to a low of 13.59% in Q3 2022.
  • The 5-year median for FCF Margin is 16.47% (2024), against an average of 10.17%.
  • Across the five-year window, FCF Margin surged 3255 bps in 2023 and slumped 1436 bps in 2024, its largest moves.
  • Twilio's FCF Margin stood at 13.59% in 2022, then soared by 265 bps to 22.47% in 2023, then slumped by 64 bps to 8.11% in 2024, then jumped by 174 bps to 22.23% in 2025, then tumbled by 56 bps to 9.7% in 2026.
  • The last three FCF Margin figures came in at 9.7% (Q1 2026), 22.23% (Q4 2025), and 19.21% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Microsoft 2,998.30 Bn 2,920.03 Bn 56.06 Bn 19.07%
2 Alarum Technologies 1,040.72 Bn 1,026.57 Bn 7.23 Mn -
3 Oracle 590.32 Bn 551.74 Bn 15.14 Bn 55.23%
4 Palantir Technologies 316.31 Bn 308.39 Bn 1.42 Bn 54.62%
5 Palo Alto Networks 181.17 Bn 176.63 Bn 1.91 Bn 14.80%
6 CrowdStrike Holdings 161.69 Bn 158.63 Bn 993.68 Mn 30.29%
7 Fortinet 102.35 Bn 99.06 Bn 1.49 Bn 55.21%
8 Synopsys 88.25 Bn 88.13 Bn 1.77 Bn 34.10%
9 Cloudflare 83.26 Bn 82.32 Bn 455.60 Mn 14.55%
10 Twilio 31.18 Bn 28.84 Bn 684.24 Mn 9.70%

Historic Data

Download Data
DateValue
Mar 31, 2026 9.70%
Dec 31, 2025 22.23%
Sep 30, 2025 19.21%
Jun 30, 2025 20.68%
Mar 31, 2025 16.19%
Dec 31, 2024 8.11%
Sep 30, 2024 16.75%
Jun 30, 2024 18.35%
Mar 31, 2024 17.09%
Dec 31, 2023 22.47%
Sep 30, 2023 18.96%
Jun 30, 2023 7.08%
Mar 31, 2023 -10.70%
Sep 30, 2022 -13.59%
Jun 30, 2022 -6.69%
Mar 31, 2022 -3.18%
Sep 30, 2021 -7.82%
Jun 30, 2021 0.77%
Mar 31, 2021 -0.13%
Dec 31, 2020 2.78%