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| 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 |
| 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 |