Twilio annual operating expenses
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2025
Twilio Operating Expenses Growth & History (TWLO)
Twilio's operating expenses was $2.32B for fiscal 2025.
View full Twilio company overviewTwilio annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $2.32B | −$11.0M | −0.47% |
| 2024 | 2024-12-31 | $2.33B | −$588.6M | −20.15% |
| 2023 | 2023-12-31 | $2.92B | −$98.4M | −3.26% |
| 2022 | 2022-12-31 | $3.02B | $712.6M | +30.90% |
| 2021 | 2021-12-31 | $2.31B | $897.7M | +63.73% |
| 2020 | 2020-12-31 | $1.41B | $429.9M | +43.92% |
| 2019 | 2019-12-31 | $978.7M | $514.2M | +110.72% |
| 2018 | 2018-12-31 | $464.5M | $182.3M | +64.59% |
| 2017 | 2017-12-31 | $282.2M | $84.1M | +42.43% |
| 2016 | 2016-12-31 | $198.1M | $70.3M | +54.96% |
| 2015 | 2015-12-31 | $127.9M | $53.8M | +72.53% |
| 2014 | 2014-12-31 | $74.1M | — | — |
Twilio quarterly operating expenses
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Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $641.3M | $75.6M | +13.36% |
| Q1 2026 | 2026-03-31 | $576.6M | $18.1M | +3.24% |
| Q4 2025 | 2025-12-31 | $605.6M | $19.6M | +3.34% |
| Q3 2025 | 2025-09-30 | $591.1M | $7.6M | +1.30% |
| Q2 2025 | 2025-06-30 | $565.8M | −$9.1M | −1.59% |
| Q1 2025 | 2025-03-31 | $558.5M | −$29.1M | −4.95% |
| Q4 2024 | 2024-12-31 | $586.0M | −$306.9M | −34.37% |
| Q3 2024 | 2024-09-30 | $583.5M | −$41.7M | −6.67% |
| Q2 2024 | 2024-06-30 | $574.9M | −$72.7M | −11.23% |
| Q1 2024 | 2024-03-31 | $587.5M | −$167.2M | −22.16% |
| Q4 2023 | 2023-12-31 | $892.9M | $193.2M | +27.61% |
| Q3 2023 | 2023-09-30 | $625.2M | −$293.9M | −31.97% |
| Q2 2023 | 2023-06-30 | $647.6M | −$109.6M | −14.48% |
| Q1 2023 | 2023-03-31 | $754.8M | $111.9M | +17.41% |
| Q4 2022 | 2022-12-31 | $699.7M | $19.5M | +2.87% |
| Q3 2022 | 2022-09-30 | $919.1M | $322.1M | +53.96% |
| Q2 2022 | 2022-06-30 | $757.2M | $223.7M | +41.93% |
| Q1 2022 | 2022-03-31 | $642.9M | $147.2M | +29.71% |
| Q4 2021 | 2021-12-31 | $680.2M | $212.8M | +45.52% |
| Q3 2021 | 2021-09-30 | $597.0M | $253.8M | +73.97% |
| Q2 2021 | 2021-06-30 | $533.5M | $221.7M | +71.12% |
| Q1 2021 | 2021-03-31 | $495.6M | $209.4M | +73.16% |
| Q4 2020 | 2020-12-31 | $467.4M | $198.9M | +74.09% |
| Q3 2020 | 2020-09-30 | $343.1M | $90.3M | +35.72% |
| Q2 2020 | 2020-06-30 | $311.8M | $68.0M | +27.91% |
| Q1 2020 | 2020-03-31 | $286.2M | $72.6M | +33.98% |
| Q4 2019 | 2019-12-31 | $268.5M | $116.5M | +76.64% |
| Q3 2019 | 2019-09-30 | $252.8M | $135.9M | +116.28% |
| Q2 2019 | 2019-06-30 | $243.7M | $142.0M | +139.50% |
| Q1 2019 | 2019-03-31 | $213.6M | $119.8M | +127.78% |
| Q4 2018 | 2018-12-31 | $152.0M | $71.6M | +88.98% |
| Q3 2018 | 2018-09-30 | $116.9M | $40.6M | +53.17% |
| Q2 2018 | 2018-06-30 | $101.8M | $41.2M | +67.92% |
| Q1 2018 | 2018-03-31 | $93.8M | $28.9M | +44.65% |
| Q4 2017 | 2017-12-31 | $80.4M | $19.9M | +32.80% |
| Q3 2017 | 2017-09-30 | $76.3M | $24.8M | +48.12% |
| Q2 2017 | 2017-06-30 | $60.6M | $13.4M | +28.51% |
| Q1 2017 | 2017-03-31 | $64.8M | $26.0M | +66.78% |
| Q4 2016 | 2016-12-31 | $60.6M | — | — |
| Q3 2016 | 2016-09-30 | $51.5M | $17.9M | +53.33% |
| Q2 2016 | 2016-06-30 | $47.2M | $16.6M | +54.18% |
| Q1 2016 | 2016-03-31 | $38.9M | — | — |
| Q3 2015 | 2015-09-30 | $33.6M | — | — |
| Q2 2015 | 2015-06-30 | $30.6M | — | — |
Twilio operating expenses trends
Over the last five fiscal years, Twilio's operating expenses increased from $1.41B to $2.32B, a change of $912.4M. The latest reported quarter, Q2 2026, shows $641.3M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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