TWLO Twilio margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 74

Gross margin

48.6%

Operating margin

6.8%

EBITDA margin

7.2%

Net margin

21.8%

Currently, Twilio has a gross margin of 48.6%, an operating margin of 6.8%, an EBITDA margin of 7.2%, and a net margin of 21.8%. Net margin showed the largest improvement, increasing by 20.4 percentage points. Gross margin saw the largest decline, decreasing by 0.7 percentage points.

TWLO margin history

Gross, operating, EBITDA and net margin trends

Twilio's margins averaged 49.7% gross, -3.05% operating, 0.09% EBITDA, and -1.9% net over the last 3 years. Compared with the three-year averages, operating, EBITDA, and net margins are above their three-year averages and gross margin is below its three-year average.

TWLO margin expansion

Year-over-year margin changes in percentage points

Year over year, operating margin expanded by 4.5 percentage points, EBITDA margin by 1.5 percentage points, and net margin by 20.4 percentage points, while gross margin contracted by 0.7 percentage points.

Gross margin expansion

-0.7pp

Operating margin expansion

4.5pp

EBITDA margin expansion

1.5pp

Net margin expansion

20.4pp

TWLO Gross margin

Looking back over the last 3 years, Twilio recorded an average gross margin of 49.7%. Twilio's current gross margin is 48.6% and is 1.1 percentage points below its three-year average. The highest gross margin for Twilio was 51.1% in Dec 2024, while the lowest was 48.5% in Jun 2026.

TWLO Operating margin

Twilio recorded an average operating margin of -3.05% across the last 3 years. The current operating margin of 6.8% is 9.9 percentage points above its three-year average. During this period, operating margin reached a high of 6.8% in Sep 2026 and a low of -21.1% in Dec 2023.

TWLO EBITDA margin

In the last 3 years, Twilio had an average EBITDA margin of 0.09%. Against its three-year average, Twilio's EBITDA margin is currently 7.2%, 7.1 percentage points above its three-year average. Looking back over the last 3 years, Twilio's EBITDA margin reached 7.2% at its highest point in Sep 2026 and -17.1% at its lowest in Dec 2023.

TWLO Net margin

Twilio recorded an average net margin of -1.9% across the last 3 years. The current net margin of 21.8% is 23.7 percentage points above its three-year average. During this period, net margin reached a high of 21.8% in Sep 2026 and a low of -24.4% in Dec 2023.

TWLO margin group comparison

Margins compared with peer-group, industry and sector averages

Twilio's gross margin of 48.6% is lower than the Technology sector and the industry average. In comparison with the Technology sector average of 52.5%, Twilio's gross margin is 7% lower.

TWLO margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Twilio's gross margin?

The current gross margin for TWLO is 48.6% as of Sep 30, 2026.

What is Twilio's operating margin?

For the period ending Sep 30, 2026, TWLO recorded an operating margin of 6.8%.

What is Twilio's EBITDA margin?

The current EBITDA margin for TWLO is 7.2% as of Sep 30, 2026.

What is Twilio's net margin?

As of Sep 30, 2026, TWLO has a net margin of 21.8%.

What are the average margins of TWLO?

Twilio's average margins over the last 3 years were 49.7% gross, -3.1% operating, 0.1% EBITDA, and -1.9% net.

What are the highest historical margins of TWLO?

Twilio's highest recorded margins during the past 5 years were 51.1% gross in Dec 2024, 6.8% operating in Sep 2026, 7.2% EBITDA in Sep 2026, and 21.8% net in Sep 2026.

What are the lowest historical margins of TWLO?

Over the last 5 years, Twilio's lowest margins were 47.4% gross in Sep 2022, -34.9% operating in Sep 2022, -28.4% EBITDA in Sep 2022, and -36.2% net in Sep 2022.