TWILIO INC
For the period ended Dec 31, 2025. Filed Feb 24, 2026.
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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.
FY2025 · Filed Feb 24, 2026
TWLO$206.64+2.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
| Year Ended December 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| (In thousands, except share and per share amounts) | |||
| Revenue | $5,067,220 | $4,458,036 | $4,153,945 |
| Cost of revenue | 2,588,486 | 2,179,824 | 2,110,015 |
| Gross profit | 2,478,734 | 2,278,212 | 2,043,930 |
| Operating expenses: | |||
| Research and development | 1,020,159 | 1,008,747 | 942,790 |
| Sales and marketing | 873,216 | 860,821 | 1,022,985 |
| General and administrative | 410,678 | 449,079 | 468,459 |
| Restructuring costs | 15,030 | 13,273 | 165,733 |
| Impairment of long-lived assets | 1,849 | — | 320,504 |
| Total operating expenses | 2,320,932 | 2,331,920 | 2,920,471 |
| Income (loss) from operations | 157,802 | (53,708) | (876,541) |
| Other expenses, net: | |||
| Share of losses from equity method investment | (101,217) | (108,481) | (121,897) |
| Impairment of equity method investment | (80,629) | — | — |
| Impairment of strategic investments | — | (8,220) | (46,154) |
| Other income, net | 79,138 | 81,796 | 47,863 |
| Total other expenses, net | (102,708) | (34,905) | (120,188) |
| Income (loss) before provision for income taxes | 55,094 | (88,613) | (996,729) |
| Provision for income taxes | (21,260) | (20,790) | (18,712) |
| Net income (loss) attributable to common stockholders | $33,834 | $(109,403) | $(1,015,441) |
| Net income (loss) per share attributable to common stockholders: | |||
| Basic | $0.22 | $(0.66) | $(5.54) |
| Diluted | $0.21 | $(0.66) | $(5.54) |
| Weighted-average shares used to compute net income (loss) per share attributable to common stockholders: | |||
| Basic | 152,986,390 | 165,925,128 | 183,327,844 |
| Diluted | 159,788,944 | 165,925,128 | 183,327,844 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.