Twilio (TWLO) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Twilio

NYSE•Technology•Software - Infrastructure

$227.35-3.78(-0.02%)After hours

Market Cap

$37.62B

P/E

32.8x

P/S

6.8x

P/B

4.2x

Twilio Inc., together with its subsidiaries, provides customer engagement platform solutions in the United States and internationally. The company provides various application programming interfaces and software solutions for communications between customers and end users, including messaging, voice, email, video interactions, digital engagement centers, marketing campaigns, and user authentication and identity solutions. It also offers software products to build direct and personalized relationships with their end users, such as Segment, a platform that provides tools to harness the power of contextual data by unifying real-time information collected throughout each customer's journey into a unique profile. Twilio Inc. was incorporated in 2008 and is headquartered in San Francisco, California.

How this company scores

ExcellentMetricSide Score: 84/100

Strongest: Growth (25/25); weakest: Profitability (16/25).

Profitability16/25

Growth25/25

Balance Sheet & Red Flags20/25

Cash & Earnings Quality23/25

Strengths

Growing revenueRising free cash flowRising earningsLow leverage

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 32.8x5y range 32.8x – 941.3x

Currently below its 5-quarter median.

P/S · 6.8x5y range 2.3x – 22.7x

Currently above its 20-quarter median.

P/B · 4.2x5y range 0.9x – 5.0x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 4 quarters — monitor for earnings quality deterioration.

Price & Volume

Market Cap $37.62B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $5.57B
Q. Revenue: $1.50B
TTM EBITDA: $449.67M
TTM Op. Income: $289.94M
Q. Op. Income: $84.55M
TTM Net Income: $1.15B
Q. Net Income: $1.07B
EPS: $6.99
Shares Out.: $152.79M

$5.57B in TTM revenue grew 17.8% YoY, reaching $1.50B last quarter. TTM EBITDA of $449.67M and TTM operating income of $289.94M show growth is flowing through to the bottom line. TTM net income of $1.15B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 48.4%
EBITDA Margin: 7.6%
Op. Margin: 5.6%
Net Margin: 71.2%

Op. margin of 5.6% is up 2.6% YoY — cost efficiency is improving. Net margin at 71.2% and gross margin of 48.4% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 87% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 32.8x
P/S Ratio: 6.8x
P/B Ratio: 4.2x

At 32.8x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 6.8x and P/B of 4.2x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 5 quarters, P/E has fallen for 2 consecutive quarters — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $10.84B
Cash: $823.26M
Long-Term Debt: $993.16M
Book Value: $8.98B
D/E Ratio: 0.1
Debt/EBITDA: 8.7

With $10.84B in assets and $993.16M in long-term debt, D/E is 0.1and book value is $8.98B — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is down 10% — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $372.38M
TTM Free Cash Flow: $1.05B
FCF Margin: 18.8%
FCF / Net Income: 0.9

TTM FCF of $1.05B on $372.38M in operating cash flow. The FCF / Net Income ratio of 0.9x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 36% — an improving trend.