TWILIO INC
For the period ended Dec 31, 2023. Filed Feb 27, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 27, 2024
TWLO$214.21+3.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Stockholders' Equity
| Common StockClass A · Common StockClass B · Additional Paid-In Capital · Accumulated Other Comprehensive Income (Loss) · Accumulated Deficit · Total Stockholders' Equity | ||||||||
|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | ||||||||
| (In thousands, except share amounts) | ||||||||
| Balance as of December 31, 2022 | 176,358,104 | $174 | 9,617,605 | $12 | $14,055,853 | $(121,161) | $(3,375,836) | $10,559,042 |
| Net loss | — | — | — | — | — | — | (1,015,441) | (1,015,441) |
| Exercises of vested stock options | 238,474 | — | 127,982 | — | 7,344 | — | — | 7,344 |
| Vesting of restricted stock units | 5,939,641 | 7 | — | — | (7) | — | — | — |
| Value of equity awards withheld for tax liability | (38,655) | — | — | — | (2,565) | — | — | (2,565) |
| Conversion of shares of Class B common stock into shares of Class A common stock | 9,745,587 | 12 | (9,745,587) | (12) | — | — | — | — |
| Shares of Class A common stock issued and donated to charity | 88,408 | — | — | — | 5,346 | — | — | 5,346 |
| Unrealized gain on marketable securities | — | — | — | — | — | 99,742 | — | 99,742 |
| Repurchases of shares of Class A common stock includingrelated costs | (11,292,516) | (11) | — | — | — | — | (674,695) | (674,706) |
| Foreign currency translation | — | — | — | — | — | 5,587 | — | 5,587 |
| Shares issued under ESPP | 906,728 | — | — | — | 36,496 | — | — | 36,496 |
| Net change in market value of effective foreign currency forward exchange contracts | — | — | — | — | — | 898 | — | 898 |
| Share of other comprehensive loss from equity method investment | — | — | — | — | — | 15,553 | — | 15,553 |
| Stock-based compensation | — | — | — | — | 682,241 | — | — | 682,241 |
| Stock-based compensation - restructuring | — | — | — | — | 13,015 | — | — | 13,015 |
| Balance as of December 31, 2023 | 181,945,771 | $182 | — | $— | $14,797,723 | $619 | $(5,065,972) | $9,732,552 |
| Common StockClass A · Common StockClass B · Additional Paid-In Capital · Accumulated Other Comprehensive Income (Loss) · Accumulated Deficit · Total Stockholders' Equity | ||||||||
|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | ||||||||
| (In thousands, except share amounts) | ||||||||
| Balance as of December 31, 2021 | 170,625,994 | $168 | 9,842,105 | $12 | $13,169,118 | $(18,141) | $(2,119,691) | $11,031,466 |
| Net loss | — | — | — | — | — | — | (1,256,145) | (1,256,145) |
| Exercises of vested stock options | 373,793 | — | 392,231 | — | 22,500 | — | — | 22,500 |
| Vesting of restricted stock units | 4,277,266 | 4 | — | — | (4) | — | — | — |
| Value of equity awards withheld for tax liability | (6,250) | — | — | — | (1,098) | — | — | (1,098) |
| Conversion of shares of Class B common stock into shares of Class A common stock | 616,731 | — | (616,731) | — | — | — | — | — |
| Shares of Class A common stock issued and donated to charity | 88,408 | — | — | — | 9,541 | — | — | 9,541 |
| Unrealized loss on marketable securities | — | — | — | — | — | (83,049) | — | (83,049) |
| Foreign currency translation | — | — | — | — | — | (5,587) | — | (5,587) |
| Shares returned from escrow | (152,239) | — | — | — | (387) | — | — | (387) |
| Shares issued under ESPP | 534,401 | 2 | — | — | 37,063 | — | — | 37,065 |
| Net change in market value of effective foreign currency forward exchange contracts | — | — | — | — | — | 556 | — | 556 |
| Share of other comprehensive loss from equity method investment | — | — | — | — | — | (14,940) | — | (14,940) |
| Stock-based compensation | — | — | — | — | 804,845 | — | — | 804,845 |
| Stock-based compensation - restructuring | — | — | — | — | 14,275 | — | — | 14,275 |
| Balance as of December 31, 2022 | 176,358,104 | $174 | 9,617,605 | $12 | $14,055,853 | $(121,161) | $(3,375,836) | $10,559,042 |
| Common StockClass A · Common StockClass B · Additional Paid-In Capital · Accumulated Other Comprehensive Income (Loss) · Accumulated Deficit · Total Stockholders' Equity | ||||||||
|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | ||||||||
| (In thousands, except share amounts) | ||||||||
| Balance as of December 31, 2020 | 153,496,222 | $151 | 10,551,302 | $13 | $9,613,246 | $9,046 | $(1,169,791) | $8,452,665 |
| Net loss | — | — | — | — | — | — | (949,900) | (949,900) |
| Exercises of vested stock options | 1,779,320 | 2 | 509,499 | — | 87,693 | — | — | 87,695 |
| Vesting of restricted stock units | 3,515,913 | 4 | — | — | (4) | — | — | — |
| Value of equity awards withheld for tax liability | (32,002) | — | — | — | (10,388) | — | — | (10,388) |
| Conversion of shares of Class B common stock into shares of Class A common stock | 1,218,696 | 1 | (1,218,696) | (1) | — | — | — | — |
| Equity component from partial settlement and redemption of convertible senior notes due 2023 | 4,846,965 | 5 | — | — | 335,637 | — | — | 335,642 |
| Settlement of capped call, net of related costs | — | — | — | — | 225,233 | — | — | 225,233 |
| Shares of Class A common stock issued under ESPP | 198,926 | — | — | — | 48,465 | — | — | 48,465 |
| Shares of Class A common stock issued and donated to charity | 88,408 | — | — | — | 31,169 | — | — | 31,169 |
| Issuance of shares of Class A common stock in connection with a follow-on public offering, net of underwriters' discounts and issuance costs | 4,312,500 | 4 | — | — | 1,765,709 | — | — | 1,765,713 |
| Shares of Class A common stock issued in acquisition | 1,116,816 | 1 | — | — | 419,169 | — | — | 419,170 |
| Value of equity awards assumed in acquisition | — | — | — | — | 1,511 | — | — | 1,511 |
| Shares of Class A common stock subject to future vesting | 84,230 | — | — | — | — | — | — | — |
| Unrealized loss on marketable securities | — | — | — | — | — | (27,215) | — | (27,215) |
| Foreign currency translation | — | — | — | — | — | (266) | — | (266) |
| Net change in market value of effective foreign currency forward exchange contracts | — | — | — | — | — | 294 | — | 294 |
| Stock-based compensation | — | — | — | — | 651,678 | — | — | 651,678 |
| Balance as of December 31, 2021 | 170,625,994 | $168 | 9,842,105 | $12 | $13,169,118 | $(18,141) | $(2,119,691) | $11,031,466 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.