Twilio (TWLO) Research & Development (2015 - 2026)
Twilio's Research & Development came in at $273.32 million for Q2 2026, up 12.2% from $243.5 million a year earlier and up 4.3% from the prior quarter.
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Analysis
Twilio (TWLO) Research & Development (2015 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Twilio reported Research & Development of $1.04 billion, up 3.8% year-over-year; for FY2022, it came in at $1.08 billion, up 36.7% from FY2021.
- Research & Development has increased in each of the last eight years, with a five-year compound annual growth rate of 55.0% (FY2017 to FY2022).
- Going back by year, Research & Development was $789.22 million in FY2021 (+48.8%), $530.55 million in FY2020 (+35.6%), $391.36 million in FY2019 (+128.4%) and $171.36 million in FY2018 (+41.9%).
- The Q2 2026 figure represents the highest quarterly Research & Development since Q4 2022.
- Year-over-year, Research & Development increased in six of the last seven quarters, with growth averaging 3.6%.
- The fastest year-over-year change in Research & Development over five years came in Q2 2022 (growth of 54.3%), and the weakest in Q2 2023 (a decline of 18.9%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 90.32 Bn | 65.57 Bn | 6.00 Bn | 1.29 Bn |
| 2 | Atlassian | 46.45 Bn | 39.73 Bn | 1.53 Bn | 759.82 Mn |
| 3 | Twilio | 44.08 Bn | 34.07 Bn | 725.87 Mn | 273.32 Mn |
| 4 | Autodesk | 43.30 Bn | 31.34 Bn | 1.87 Bn | 464.00 Mn |
| 5 | Zoom Communications | 25.52 Bn | -5.27 Bn | 985.50 Mn | 242.50 Mn |
| 6 | Figma | 10.74 Bn | 4.24 Bn | 309.61 Mn | 167.33 Mn |
| 7 | Dropbox | 7.01 Bn | 2.65 Bn | 506.50 Mn | 188.10 Mn |
| 8 | Nice | 6.59 Bn | 5.06 Bn | 995.81 Mn | 200.30 Mn |
| 9 | RingCentral | 6.37 Bn | 5.87 Bn | 472.31 Mn | 82.80 Mn |
| 10 | Open Text | 5.38 Bn | 813.39 Mn | 1.01 Bn | 149.10 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 | 235.65 Mn |
| Sep 30, 2023 | 241.65 Mn |
| Jun 30, 2023 | 226.90 Mn |
| Mar 31, 2023 | 238.60 Mn |
| Dec 31, 2022 | 274.09 Mn |
| Sep 30, 2022 | 284.74 Mn |
| Jun 30, 2022 | 279.64 Mn |
| Mar 31, 2022 | 240.61 Mn |
| Dec 31, 2021 | 223.25 Mn |
| Sep 30, 2021 | 209.89 Mn |
| Jun 30, 2021 | 181.28 Mn |
API Access
Twilio Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=TWLO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "TWLO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=TWLO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();