Twilio (TWLO) Gross Margin (2015 - 2026)

Twilio (TWLO) reported Gross Margin of 48.63% for Q1 2026, down 97.0% on a YoY basis from 1621.15% in Q1 2025, and little changed sequentially from 48.49% in Q4 2025.

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

Twilio (TWLO) has 12 years of Gross Margin data on file, last reported at 48.63% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin fell 97.0% year-over-year to 48.63%; the trailing twelve-month figure through Mar 2026 stood at 48.69% (down 183.0% YoY), and the FY2022 full-year result was 47.4%, down 154.0% from the prior year.
  • Gross Margin steadied at 48.63% in Q1 2026, 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.
  • A 5-year average of 49.28% and a median of 48.75% in 2023 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin surged 321 bps in 2024 and tumbled 244 bps in 2025, its largest moves.
  • Tracing TWLO's Gross Margin over 5 years: stood at 47.01% in 2022, then climbed by 6 bps to 49.95% in 2023, then increased by 0 bps to 50.19% in 2024, then declined by 3 bps to 48.49% in 2025, then grew by 0 bps to 48.63% in 2026.
  • Business Quant data shows TWLO's Gross Margin at 48.63% in Q1 2026, 48.49% in Q4 2025, and 48.61% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 67.63%
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn 37.74%
3 Oracle 344.13 Bn 312.24 Bn - -
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn 86.78%
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 73.59%
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn 76.12%
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 80.29%
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn 71.21%
10 Twilio 29.67 Bn 27.32 Bn 684.24 Mn 48.63%

Historic Data

Download Data
DateValue
Mar 31, 2026 48.63%
Dec 31, 2025 48.49%
Sep 30, 2025 48.61%
Jun 30, 2025 49.07%
Mar 31, 2025 49.60%
Dec 31, 2024 50.19%
Sep 30, 2024 51.04%
Jun 30, 2024 51.35%
Mar 31, 2024 51.96%
Sep 30, 2023 49.95%
Jun 30, 2023 48.74%
Mar 31, 2023 48.75%
Sep 30, 2022 47.01%
Jun 30, 2022 47.20%
Mar 31, 2022 48.56%
Sep 30, 2021 49.26%
Jun 30, 2021 49.52%
Mar 31, 2021 50.56%
Dec 31, 2020 51.47%
Sep 30, 2020 51.54%