Twilio (TWLO) Operating Expenses (2015 - 2026)

Twilio (TWLO) reported Operating Expenses of $576.6 million for Q1 2026, up 3.24% on a YoY basis from $558.5 million in Q1 2025, and down 4.79% sequentially from $605.6 million in Q4 2025.

Twilio (TWLO) Operating Expenses (2015 - 2026) Analysis & Trends

Twilio (TWLO) has 12 years of Operating Expenses data on file, last reported at $576.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 3.24% year-over-year to $576.6 million; the trailing twelve-month figure through Mar 2026 stood at $2.3 billion (up 1.57% YoY), and the FY2025 full-year result was $481.5 million, up 1.56% from the prior year.
  • Operating Expenses declined to $576.6 million in Q1 2026, 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 -$1.9 billion in Q4 2023.
  • A 5-year average of $475.9 million and a median of $587.5 million in 2024 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses soared 100.16% in 2022 and tumbled 31.97% in 2023, its largest moves.
  • Tracing TWLO's Operating Expenses over 5 years: stood at $403.4 million in 2022, then sank by 568.31% to -$1.9 billion in 2023, then surged by 131.02% to $586.0 million in 2024, then rose by 3.34% to $605.6 million in 2025, then decreased by 4.79% to $576.6 million in 2026.
  • Business Quant data shows TWLO's Operating Expenses at $576.6 million in Q1 2026, $605.6 million in Q4 2025, and $591.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 8.75 Bn
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn -363.49 Mn
3 Oracle 344.13 Bn 312.24 Bn - 13.05 Bn
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn 662.79 Mn
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 1.51 Bn
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn 979.89 Mn
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 905.10 Mn
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn 517.59 Mn
10 Twilio 29.67 Bn 27.32 Bn 684.24 Mn 576.58 Mn

Historic Data

Download Data
DateValue
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
Nov 30, 2023 -1.89 Bn
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 201.53 Mn
Sep 30, 2021 596.96 Mn
Jun 30, 2021 533.52 Mn