Twilio (TWLO) Free Cash Flow (2015 - 2026)
Twilio (TWLO) recorded Free Cash Flow of $369.32 million in Q2 2026, up 33.8% from $276.08 million a year earlier and up 147.8% from the prior quarter.
Twilio (TWLO) Free Cash Flow (2015 - 2026) Analysis & Trends
On a TTM basis, Twilio's Free Cash Flow came in at $1.05 billion as of Jun 30, 2026, up 35.5% year-over-year; for FY2025, it was $997.4 million, up 40.6% from FY2024.
- Annual Free Cash Flow has a five-year compound annual growth rate of 170.8% (FY2020 to FY2025).
- Across earlier years, Free Cash Flow came in at $709.26 million in FY2024 (+75.8%), $403.44 million in FY2023, -$288.79 million in FY2022 and -$104.24 million in FY2021.
- The Q2 2026 figure is the highest quarterly Free Cash Flow in data going back to Q3 2015.
- On a year-over-year basis, Free Cash Flow rose in five of the last eight quarters, with growth averaging 21.9%.
- Peak year-over-year performance for Free Cash Flow in the last five years was growth of 158.4% in Q2 2024, against a decline of 52.3% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $149.05 million (Q1 2026), $270.11 million (Q4 2025) and $261.33 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 95.04 Bn | 70.29 Bn | 6.00 Bn | 2.44 Bn |
| 2 | Autodesk | 55.26 Bn | 43.30 Bn | 1.87 Bn | 561.00 Mn |
| 3 | Atlassian | 37.81 Bn | 32.74 Bn | 1.51 Bn | 462.55 Mn |
| 4 | Twilio | 32.70 Bn | 22.33 Bn | 760.53 Mn | 384.21 Mn |
| 5 | Zoom Communications | 29.17 Bn | -1.56 Bn | 985.50 Mn | 472.40 Mn |
| 6 | Figma | 10.36 Bn | 3.67 Bn | 314.44 Mn | 41.51 Mn |
| 7 | Dropbox | 7.27 Bn | 2.69 Bn | 513.70 Mn | 251.80 Mn |
| 8 | RingCentral | 6.37 Bn | 5.90 Bn | 494.30 Mn | 172.90 Mn |
| 9 | Open Text | 6.00 Bn | 1.54 Bn | 905.53 Mn | 138.52 Mn |
| 10 | Box | 5.99 Bn | 4.88 Bn | 253.97 Mn | 70.72 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 384.21 Mn |
| Jun 30, 2026 | 369.32 Mn |
| Mar 31, 2026 | 149.05 Mn |
| Dec 31, 2025 | 270.11 Mn |
| Sep 30, 2025 | 261.33 Mn |
| Jun 30, 2025 | 276.08 Mn |
| Mar 31, 2025 | 189.88 Mn |
| Dec 31, 2024 | 105.02 Mn |
| Sep 30, 2024 | 203.54 Mn |
| Jun 30, 2024 | 212.26 Mn |
| Mar 31, 2024 | 188.45 Mn |
| Dec 31, 2023 | 220.25 Mn |
| Sep 30, 2023 | 205.66 Mn |
| Jun 30, 2023 | 82.14 Mn |
| Mar 31, 2023 | -104.62 Mn |
| Dec 31, 2022 | -64.24 Mn |
| Sep 30, 2022 | -133.63 Mn |
| Jun 30, 2022 | -66.37 Mn |
| Mar 31, 2022 | -24.56 Mn |
| Dec 31, 2021 | -50.72 Mn |
Twilio Free Cash Flow 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=free-cash-flow&ticker=TWLO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=TWLO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();