Twilio Inc. (TWLO) Stock Price & Analysis
Twilio Inc. (TWLO) closed at USD 253.63 on Thursday, October 22, 2026, down 4.89% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 266.68; the Oct 22, 2026 session ranged USD 251–268.21 on volume of 2,516,854 shares. Market capitalization is $38.95B, with a 52-week range of USD 105–308.4 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:21 UTC.
Also available as compact Markdown for AI agents: nexqual.com/TWLO.md
Key facts (TWLO)
- Last four reported quarters (through Jun 30, 2026): revenue $5.57B, net income $1.15B (20.6% margin) (SEC filings).
- Valuation: P/E 33.9x (avg 671.8x at the last 1 fiscal year-ends), EV/EBITDA 90.8x, net cash $1.66B.
- Earnings quality: non-operating income -$117M vs operating income $290M over the last four quarters; P/E excluding non-operating income ≈30.8x (estimate: non-operating income taxed at the company's 0% effective rate).
- 2 of 80 tracked superinvestors hold TWLO (13F, Q2 2026): 1 new, 1 added, 0 reduced, 0 unchanged.
- Analysts: Buy (mean 2.10 on a 1–5 scale) (31 analysts), mean target USD 272.37 (range 165–335).
- Total return with dividends: 1Y +128.9% vs S&P 500 +14.9%; 5Y -29.2% vs S&P 500 +80.3%.
- Next earnings: 2026-10-29, EPS estimate USD 1.47, revenue estimate $1.51B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (TWLO)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $2.84B | $3.83B | $4.15B | $4.46B | $5.07B | $5.57B |
| Gross profit | $1.39B | $1.81B | $2.04B | $2.28B | $2.48B | — |
| Operating income | -$916M | -$1.21B | -$877M | -$53.7M | $158M | $290M |
| Net income | -$950M | -$1.26B | -$1.02B | -$109M | $33.8M | $1.15B |
| EPS (diluted) | -$5.45 | -$6.86 | -$5.54 | -$0.66 | $0.21 | — |
| Free cash flow | -$104M | — | — | — | — | — |
| Gross margin | 48.9% | 47.4% | 49.2% | 51.1% | 48.9% | — |
| Operating margin | -32.2% | -31.5% | -21.1% | -1.2% | 3.1% | 5.2% |
| Net margin | -33.4% | -32.8% | -24.4% | -2.5% | 0.7% | 20.6% |
| Revenue growth | +61.3% | +34.6% | +8.6% | +7.3% | +13.7% | — |
| Cash + short-term investments | $5.36B | $4.16B | $4.01B | $2.38B | $2.47B | — |
| Total debt | $986M | $987M | $989M | $991M | $992M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (TWLO)
P/E 33.9x · P/E ex non-operating (est.) ≈30.8x · P/S 7.0x · EV/EBITDA 90.8x · EV/Sales 6.7x · P/B 4.3x · Earnings yield 2.95% · Buyback yield (TTM) 2.23% · Net cash $1.66B · EV $37.3B
P/E at fiscal year-ends: Dec 2025 671.8x.
Superinvestors (SEC 13F-HR, Q2 2026) (TWLO)
2 of 80 tracked investors hold TWLO. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Henry Ellenbogen | Durable Capital Partners | 3.70% | $381M | New position |
| Polen Capital | Polen Capital Management | 0.01% | $1.1M | Added +105.8% |
Analysts (TWLO)
Consensus Buy (mean 2.10 on a 1–5 scale), 31 analysts; mean target USD 272.37 (low 165, high 335).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-21 | Oppenheimer | Target raised | Outperform | $275 → $325 |
| 2026-10-16 | BTIG | Target raised | Buy | $285 → $315 |
| 2026-10-14 | B of A Securities | Target raised | Buy | $270 → $320 |
| 2026-10-08 | JP Morgan | Target raised | Overweight | $260 → $335 |
| 2026-09-25 | HSBC | Downgrade | Hold → Reduce | $211 |
| 2026-09-22 | TD Cowen | Target raised | Buy | $260 → $300 |
| 2026-09-22 | Rosenblatt | Target raised | Buy | $275 → $290 |
| 2026-09-11 | BTIG | Reiterated | Buy | $285 |
| 2026-08-27 | Citizens | Reiterated | Market Outperform | $275 |
| 2026-08-08 | UBS | Target raised | Buy | $200 → $285 |
| 2026-08-07 | TD Cowen | Target raised | Buy | $245 → $260 |
| 2026-08-07 | Piper Sandler | Target raised | Neutral | $192 → $247 |
Total return (dividends reinvested) (TWLO)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +128.9% | -29.2% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +129.5% | -6.7% |
| Volatility (annualized) | 61.8% | 62.8% |
| Max drawdown | -24.7% (Dec 2025→Feb 2026) | -88.1% (Oct 2021→Oct 2022) |
TWLO revenue by business segment (quarter ended Jun 30, 2025)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Communications | $1.15B | 93.9% | +14.5% |
| Twilio | $75.5M | 6.1% | +0.4% |
| Total revenue | $1.23B | 100% | — |
TWLO revenue by product line (fiscal year ended Dec 31, 2025)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Messaging | $2.88B | 56.8% | +18.2% |
| Other Communications | $746.5M | 14.7% | +7.6% |
| Programmable Voice | $615.7M | 12.1% | +13.4% |
| $523.5M | 10.3% | +7.2% | |
| $303.3M | 6.0% | +1.9% | |
| Total revenue | $5.07B | 100% | — |
TWLO revenue by region (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| United States | $961.4M | 64.1% | +22.2% |
| International | $537.7M | 35.9% | +21.8% |
| Total revenue | $1.50B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
TWLO suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | Amazon (AMZN) | “or that of AWS, is compromised, if our products, platform or customer data become unavailable, or if our users are unable to use our products within a reasonable amount of time or at all, any one of which may be due to circumstances beyond our control, then our business, results of operations and financial condition could be adversely affected.” |
| Customer | Zipwhip | “Our Dollar-Based Net Expansion Rate compares the total revenue from all Active Customer Accounts and customer accounts from Zipwhip in a quarter to the same quarter in the prior year.” |
Quoted from the company's 10-K filed Feb 24, 2026.
TWLO company outlook (results filed Aug 6, 2026)
- “Lastly, Twilio expects third quarter non-GAAP diluted earnings per share in a range of $1.42 to $1.47, based on non-GAAP weighted average diluted shares outstanding of 160 million.”
- “Dollars in millions FY26 Guidance Y/Y Revenue Growth 18% - 18.5% Y/Y Organic Revenue Growth 13% - 13.5% Non-GAAP income from operations $1,135 - $1,155 Free cash flow $1,135 - $1,155 2 Conference Call Information Twilio is hosting a Q&A conference call today, August 6, 2026, to discuss its second quarter 2026 financial results.”
Quoted word-for-word from the SEC 8-K results press release.
TWLO analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $1.47 | $1.40 | +4.9% | $1.51B | 26 |
| Next quarter (ends Dec 2026) | $1.48 | $1.50 | -0.9% | $1.58B | 25 |
| Current fiscal year (ends Dec 2026) | $5.93 | $5.71 | +3.9% | $6.00B | 29 |
| Next fiscal year (ends Dec 2027) | $6.80 | $6.65 | +2.3% | $6.70B | 31 |
TWLO options: expected move
Options price a move of about ±15.4% (±$39.30) by Oct 30, 2026, which includes earnings on Oct 29, 2026. Over the last 8 reports the stock moved ±17.5% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Oct 30, 2026 | 7 | 130.8% | ±15.4% |
| Nov 6, 2026 | 14 | 105.2% | ±17.0% |
| Nov 13, 2026 | 21 | 92.7% | ±18.1% |
| Nov 20, 2026 | 28 | 84.1% | ±18.8% |
| Nov 27, 2026 | 35 | 78.1% | ±19.5% |
| Dec 4, 2026 | 42 | 75.4% | ±20.5% |
| Dec 18, 2026 | 56 | 72.8% | ±22.6% |
| Jan 15, 2027 | 84 | 67.6% | ±25.6% |
30-day implied volatility 83% vs 70% realized over the last 30 trading days. Put/call ratio (volume) 1.4. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:21 UTC)
| Price | USD 253.63 |
|---|---|
| Change | ▼ 4.89% (down) |
| Previous Close | USD 266.68 |
| Open | USD 265.01 |
| Day Range | USD 251 – 268.21 |
| 52-Week Range | USD 105 – 308.4 |
| Volume | 2,516,854 shares |
| Market Cap | $38.95B |
| Exchange | NYQ |
Technical Analysis (TWLO)
Nexqual's technical model rates TWLO "SELL" based on 1 bullish and 4 bearish signals across 127 daily candles, as of October 23, 2026 at 09:21 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 45.89 (neutral) |
| vs SMA50 | Below (USD 254.81) |
| MACD | 0.1 (positive) |
Analyst Ratings (TWLO)
Wall Street analysts rate TWLO "Buy" based on 31 analysts, with a mean price target of USD 272.37 (range USD 165–335), per Nexqual as of October 23, 2026 at 09:21 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 31 |
| Mean Target | USD 272.37 |
| High Target | USD 335 |
| Low Target | USD 165 |
| Buy / Hold / Sell | 25 / 4 / 2 |
Earnings (TWLO)
| Next Earnings Date | 2026-10-29 |
|---|---|
| EPS Estimate | USD 1.47 |
| Revenue Estimate | $1.51B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 1.47 vs est 1.32 ▲ beat |
| 2026-03-31 | USD 1.5 vs est 1.27 ▲ beat |
| 2025-12-31 | USD 1.33 vs est 1.23 ▲ beat |
| 2025-09-30 | USD 1.25 vs est 1.07 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:21 UTC.
Financials & Fundamentals (TWLO)
| Total Revenue | $5.57B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +22.00% |
| Gross Margin | +48.56% |
| Operating Margin | +7.83% |
| Profit Margin | +20.61% |
| ROE | +13.50% |
| Debt / Equity | 0.12 |
| Current Ratio | 4.62 |
| Total Cash | $2.66B |
| Total Debt | $1.07B |
Source: Nexqual, October 23, 2026 at 09:21 UTC.
Financial Health Score (TWLO)
Nexqual rates Twilio Inc.'s overall financial health "Solid" across five dimensions, as of October 23, 2026 at 09:21 UTC.
| Growth | Solid — Revenue +14% YoY (annual) |
|---|---|
| Profitability | Strong — Gross margin 49%, operating 8% (last 12 months) |
| Balance Sheet | Strong — $2.66B cash and investments vs $993M debt (Jun 2026, SEC), net cash |
| Cash Flow | Solid — Operating cash flow $1.00B (FY ended Dec 2025, 10-K) |
| Efficiency | Mixed — ROE 13%, ROA 2.1% |
Ownership (TWLO)
| Insider Ownership | +0.14% |
|---|---|
| Institutional Ownership | +93.55% |
| Shares Outstanding | 153.58M |
| Float | 152.93M |
| Short % of Float | +5.34% |
Source: Nexqual, October 23, 2026 at 09:21 UTC.
Leadership (TWLO)
Twilio Inc. is led by Khozema Zoher Shipchandler, CEO & Director, per Nexqual as of October 23, 2026 at 09:21 UTC.
| CEO & Director | Khozema Zoher Shipchandler |
|---|---|
| Chief Financial Officer | Aidan Viggiano |
| Chief Operating Officer | Thomas Wyatt |
| Chief Product & Technology Officer | Inbal Shani |
| Senior Vice President of Corporate Development, Investor Relations & Treasury | Bryan Vaniman |
Major Backers & Investors (TWLO)
Notable institutional backers of Twilio Inc. include JPMorgan, FMR, LLC, Alkeon Capital Management LLC, according to Nexqual as of October 23, 2026 at 09:21 UTC.
Active Investors
| Investor | Stake |
|---|---|
| JPMorgan | 7.96% |
| FMR, LLC | 7.34% |
| Alkeon Capital Management LLC | 1.52% |
| Royal Bank of Canada | 1.47% |
| Pictet Asset Management Holding SA | 1.46% |
| Fidelity | 1.41% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 10.83% |
| Vanguard Group | 9.44% |
| State Street | 3.91% |
| Geode Capital | 1.87% |
Source: Nexqual, October 23, 2026 at 09:21 UTC.
From Twilio Inc.'s Latest SEC 10-K Filing (filed 2026-02-24)
Key Strengths & Strategy (as disclosed to the SEC)
- Our Email API allows businesses to integrate with multiple leading development frameworks and client libraries in multiple languages as well as customize content.
- Our platform is connected to our Super Network, a software layer that enables our customers' applications to communicate with devices globally.
- The Super Network interconnects communications networks and inbox services providers around the world and continually analyzes billions of data points to optimize the quality and cost of communications that flow through our platform.
- The Super Network also contains a set of APIs that gives our customers access to additional foundational components offered through our platform, such as phone numbers and session initiation protocol trunking.
Legal & Regulatory Risks (Item 1A, quoted)
- The actual or perceived improper sending of text messages, voice calls, or e-mail may subject us to potential risks, including liabilities or claims relating to consumer protection laws and regulatory enforcement, including fines.
- Changes in laws and regulations related to the internet or changes in the internet infrastructure itself may diminish the demand for our products, and could adversely affect our business, results of operations and financial condition.
- Our global operations subject us to potential liability under export controls, economic sanctions, customs, anti-corruption, and other laws and regulations, and violating these laws could subject us to liability and impair our ability to compete in international markets.
- The standards imposed by private entities and inbox service providers to regulate the use and delivery of email have in the past interfered with, and may continue to interfere with, the effectiveness of our platform and our ability to conduct business.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
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Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:21 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt