Twilio (TWLO) Operating Expenses (2015 - 2026)
Twilio (TWLO) posted Operating Expenses of $576.6 million for Q1 2026, down 4.79% sequentially from $605.6 million in Q4 2025, and up 3.24% YoY from $558.5 million in Q1 2025.
Twilio (TWLO) Operating Expenses (2015 - 2026) Analysis & Trends
Twilio has reported Operating Expenses for 12 years, with the latest figure at $576.6 million in Q1 2026.
- Quarterly Operating Expenses rose 3.24% year-over-year to $576.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.3 billion (up 1.57% YoY) and the FY2025 annual result came in at $481.5 million, up 1.56% from the prior year.
- Operating Expenses declined to $576.6 million in Q1 2026 per TWLO's latest filing, from $605.6 million in the prior quarter.
- Over five years, Operating Expenses peaked at $919.1 million in Q3 2022 and troughed at -$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.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses surged 100.16% in 2022, then sank 31.97% in 2023.
- Over 5 years, Operating Expenses stood at $403.4 million in 2022, then plunged by 568.31% to -$1.9 billion in 2023, then surged by 131.02% to $586.0 million in 2024, then climbed by 3.34% to $605.6 million in 2025, then declined by 4.79% to $576.6 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $576.6 million, $605.6 million, and $591.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 12.28 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 726.59 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 13.05 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 2.21 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 953.90 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 705.21 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 1.57 Bn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 2.62 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 2.72 Bn |
| 10 | Twilio | 35.44 Bn | 32.79 Bn | 725.87 Mn | 641.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 641.32 Mn |
| 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 |