Twilio (TWLO) Gross Margin (2015 - 2026)

Twilio has disclosed Gross Margin across 12 years of filings, most recently posting 48.63% for Q1 2026.

• Gross Margin for Q1 2026 came in at 48.63%, down 97.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 48.69% (down 183.0% YoY), and the FY2025 annual result was 48.92%, down 219.0% from the prior year.
• Gross Margin came in at 48.63% for Q1 2026 at Twilio, roughly flat from 48.49% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 51.96% in Q1 2024 to a low of 47.01% in Q3 2022.
• The 5-year median for Gross Margin is 48.91% (2025), against an average of 49.28%.
• Across the five-year window, Gross Margin surged 321 bps in 2024 and sank 244 bps in 2025, its largest moves.
• Twilio's Gross Margin stood at 47.01% in 2022, then advanced by 5 bps to 49.37% in 2023, then rose by 2 bps to 50.19% in 2024, then fell by 3 bps to 48.49% in 2025, then increased by 0 bps to 48.63% in 2026.
• The last three Gross Margin figures came in at 48.63% (Q1 2026), 48.49% (Q4 2025), and 48.61% (Q3 2025), per Business Quant data.