Growth Metrics

Twilio (TWLO) Gross Margin (2016 - 2025)

Twilio's Gross Margin history spans 11 years, with the latest figure at 48.49% for Q4 2025.

  • For Q4 2025, Gross Margin fell 170.0% year-over-year to 48.49%; the TTM value through Dec 2025 reached 48.92%, down 219.0%, while the annual FY2025 figure was 48.92%, 219.0% down from the prior year.
  • Gross Margin for Q4 2025 was 48.49% at Twilio, roughly flat from 48.61% in the prior quarter.
  • Across five years, Gross Margin topped out at 51.96% in Q1 2024 and bottomed at 47.01% in Q3 2022.
  • The 5-year median for Gross Margin is 49.31% (2023), against an average of 49.4%.
  • The largest annual shift saw Gross Margin crashed -265bps in 2021 before it soared 321bps in 2024.
  • A 5-year view of Gross Margin shows it stood at 49.26% in 2021, then dropped by -5bps to 47.01% in 2022, then rose by 5bps to 49.37% in 2023, then grew by 2bps to 50.19% in 2024, then dropped by -3bps to 48.49% in 2025.
  • Per Business Quant, the three most recent readings for TWLO's Gross Margin are 48.49% (Q4 2025), 48.61% (Q3 2025), and 49.07% (Q2 2025).