Twilio (TWLO) Research & Development (2015 - 2026)
Twilio's (TWLO) quarterly Research & Development came in at $273.3 million in Q2 2026, up 12.25% year-over-year from $243.5 million in Q2 2025, and up 4.25% quarter-over-quarter from $262.2 million in Q1 2026.
Analysis
Twilio (TWLO) Research & Development (2015 - 2026) Analysis & Trends
Twilio has disclosed Research & Development across 12 years of filings, most recently posting $273.3 million for Q2 2026.
- In Q2 2026, Research & Development rose 12.25% year-over-year to $273.3 million; the TTM figure through Jun 2026 stood at $1.0 billion (up 3.79% YoY), while the FY2022 annual figure was $1.2 billion, up 19.47% from the prior year.
- Research & Development came in at $273.3 million for Q2 2026 at Twilio, up from $262.2 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $335.0 million in Q2 2022 to a low of $238.6 million in Q4 2023.
- Average Research & Development over 5 years is $269.1 million, with a median of $261.6 million recorded in 2023.
- Year-over-year, Research & Development soared 40.7% in 2022 and dropped 21.9% in 2023.
- Over 5 years, Research & Development stood at $296.3 million in 2022, then dropped by 19.48% to $238.6 million in 2023, then increased by 2.26% to $244.0 million in 2024, then rose by 7.51% to $262.3 million in 2025, then gained by 4.2% to $273.3 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $273.3 million in Q2 2026, $262.2 million in Q1 2026, and $262.3 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Twilio | 34.41 Bn | 31.76 Bn | 725.87 Mn | 273.32 Mn |
| 2 | Zoom Communications | 28.30 Bn | 21.05 Bn | 985.50 Mn | 330.52 Mn |
| 3 | Nice | 6.33 Bn | 5.97 Bn | 995.81 Mn | 385.54 Mn |
| 4 | RingCentral | 5.92 Bn | 5.81 Bn | 472.31 Mn | 274.91 Mn |
| 5 | Five9 | 2.35 Bn | 1.70 Bn | 166.74 Mn | 79.70 Mn |
| 6 | Bandwidth | 1.40 Bn | 1.23 Bn | 78.54 Mn | 37.34 Mn |
| 7 | Consensus Cloud Solutions | 666.02 Mn | 567.11 Mn | 73.07 Mn | 13.50 Mn |
| 8 | Ooma | 629.68 Mn | 612.15 Mn | 50.99 Mn | 22.43 Mn |
| 9 | Agora | 376.18 Mn | 300.33 Mn | 25.74 Mn | 15.40 Mn |
| 10 | 8X8 | 256.05 Mn | 161.09 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 273.32 Mn |
| Mar 31, 2026 | 262.17 Mn |
| Sep 30, 2025 | 262.31 Mn |
| Jun 30, 2025 | 243.50 Mn |
| Mar 31, 2025 | 254.30 Mn |
| Dec 31, 2024 | 243.99 Mn |
| Sep 30, 2024 | 261.51 Mn |
| Jun 30, 2024 | 242.79 Mn |
| Mar 31, 2024 | 260.46 Mn |
| Dec 31, 2023 | 238.60 Mn |
| Sep 30, 2023 | 262.90 Mn |
| Jun 30, 2023 | 261.60 Mn |
| Mar 31, 2023 | 259.89 Mn |
| Dec 31, 2022 | 296.34 Mn |
| Sep 30, 2022 | 328.83 Mn |
| Jun 30, 2022 | 334.96 Mn |
| Mar 31, 2022 | 287.91 Mn |
| Dec 31, 2021 | 331.42 Mn |
| Sep 30, 2021 | 264.55 Mn |
| Jun 30, 2021 | 238.06 Mn |