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
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
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