Twilio (TWLO) Operating Expenses (2015 - 2026)
Twilio's (TWLO) quarterly Operating Expenses came in at $576.6 million in Q1 2026, up 3.24% year-on-year from $558.5 million in Q1 2025, and down 4.79% quarter-over-quarter from $605.6 million in Q4 2025.
Twilio (TWLO) Operating Expenses (2015 - 2026) Analysis & Trends
Twilio has disclosed Operating Expenses across 12 years of filings, most recently posting $576.6 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $576.6 million, up 3.24% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.3 billion (up 1.57% YoY), and the FY2025 annual result was $2.3 billion, changed 0.47% from the prior year.
- Operating Expenses came in at $576.6 million for Q1 2026 at Twilio, down from $605.6 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $919.1 million in Q3 2022 to a low of $403.4 million in Q4 2022.
- The 5-year median for Operating Expenses is $591.1 million (2025), against an average of $639.6 million.
- Across the five-year window, Operating Expenses surged 121.36% in 2023 and tumbled 34.37% in 2024, its largest moves.
- Twilio's Operating Expenses stood at $403.4 million in 2022, then soared by 121.36% to $892.9 million in 2023, then sank by 34.37% to $586.0 million in 2024, then gained by 3.34% to $605.6 million in 2025, then slipped by 4.79% to $576.6 million in 2026.
- The last three Operating Expenses figures came in at $576.6 million (Q1 2026), $605.6 million (Q4 2025), and $591.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 10.85 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 6.42 Mn |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 11.73 Bn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 662.79 Mn |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 1.51 Bn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 979.89 Mn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 905.10 Mn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 1.57 Bn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | 517.59 Mn |
| 10 | Twilio | 31.18 Bn | 28.84 Bn | 684.24 Mn | 576.58 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 576.58 Mn |
| Dec 31, 2025 | 605.57 Mn |
| Sep 30, 2025 | 591.13 Mn |
| Jun 30, 2025 | 565.75 Mn |
| Mar 31, 2025 | 558.49 Mn |
| Dec 31, 2024 | 585.97 Mn |
| Sep 30, 2024 | 583.52 Mn |
| Jun 30, 2024 | 574.88 Mn |
| Mar 31, 2024 | 587.55 Mn |
| Dec 31, 2023 | 892.89 Mn |
| Sep 30, 2023 | 625.22 Mn |
| Jun 30, 2023 | 647.58 Mn |
| Mar 31, 2023 | 754.77 Mn |
| Dec 31, 2022 | 403.37 Mn |
| Sep 30, 2022 | 919.07 Mn |
| Jun 30, 2022 | 757.23 Mn |
| Mar 31, 2022 | 642.88 Mn |
| Dec 31, 2021 | 348.75 Mn |
| Sep 30, 2021 | 596.96 Mn |
| Jun 30, 2021 | 533.52 Mn |