Twilio (TWLO) Net Margin (2015 - 2026)
Twilio (TWLO) reported Net Margin of 71.19% for Q2 2026, up 69.37 percentage points from 1.83% a year earlier and up 64.78 percentage points from the prior quarter.
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Analysis
Twilio (TWLO) Net Margin (2015 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Twilio's Net Margin came in at 20.62%, up 20.19 percentage points year-over-year; for FY2025, it came in at 0.67%, up 3.12 percentage points from FY2024.
- Net Margin has increased for four consecutive years, with a five-year change of +28.54 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at -2.45% in FY2024 (+21.99 pp), -24.45% in FY2023 (+8.38 pp), -32.83% in FY2022 (+0.60 pp) and -33.43% in FY2021 (-5.56 pp).
- The Q2 2026 figure ranks as the highest quarterly Net Margin in data going back to Q2 2015.
- Year over year, Net Margin gained in seven of the last eight quarters, with an average year-over-year change of +16.63 percentage points.
- The high point for year-over-year Net Margin in five years was Q2 2026 (a gain of 69.37 percentage points); the low point was Q3 2022 (a drop of 18.79 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 6.41% (Q1 2026), -3.36% (Q4 2025) and 2.86% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 93.84 Bn | 69.09 Bn | 6.00 Bn | 27.03% |
| 2 | Autodesk | 55.44 Bn | 43.47 Bn | 1.87 Bn | 24.05% |
| 3 | Atlassian | 40.30 Bn | 33.58 Bn | 1.53 Bn | 7.87% |
| 4 | Twilio | 31.65 Bn | 21.29 Bn | 760.53 Mn | 10.33% |
| 5 | Zoom Communications | 27.00 Bn | -3.73 Bn | 985.50 Mn | 120.77% |
| 6 | Figma | 10.35 Bn | 3.67 Bn | 314.44 Mn | -20.78% |
| 7 | Dropbox | 7.32 Bn | 2.95 Bn | 506.50 Mn | 15.17% |
| 8 | Open Text | 6.19 Bn | 1.62 Bn | 1.01 Bn | 11.54% |
| 9 | RingCentral | 6.11 Bn | 5.64 Bn | 494.30 Mn | 84.27% |
| 10 | Nice | 6.03 Bn | 4.61 Bn | 1.49 Bn | 9.61% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 10.33% |
| Jun 30, 2026 | 71.19% |
| Mar 31, 2026 | 6.41% |
| Dec 31, 2025 | -3.36% |
| Sep 30, 2025 | 2.86% |
| Jun 30, 2025 | 1.83% |
| Mar 31, 2025 | 1.71% |
| Dec 31, 2024 | -1.04% |
| Sep 30, 2024 | -0.86% |
| Jun 30, 2024 | -2.94% |
| Mar 31, 2024 | -5.29% |
| Dec 31, 2023 | -33.96% |
| Sep 30, 2023 | -13.71% |
| Jun 30, 2023 | -16.01% |
| Mar 31, 2023 | -33.99% |
| Dec 31, 2022 | -22.39% |
| Sep 30, 2022 | -49.07% |
| Jun 30, 2022 | -34.22% |
| Mar 31, 2022 | -25.32% |
| Dec 31, 2021 | -34.58% |
API Access
Twilio Net Margin 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=net-margin&ticker=TWLO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=TWLO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();