Filing Flows › Twilio (TWLO) › Gross margin
Twilio (TWLO) gross margin by quarter
Twilio's gross margin was 48.8% in Q3 2026 (third quarter 2026), +0.3 pts from Q2 2026. Over the last 6 quarters it ranged from 48.4% (Q2 2026) to 49.6% (Q1 2025).
| Quarter | Gross margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 48.8% | +0.3 pts | +0.2 pts |
| Q2 2026 | 48.4% | -0.2 pts | -0.6 pts |
| Q1 2026 | 48.6% | +0.0 pts | -1.0 pts |
| Q3 2025 | 48.6% | -0.5 pts | — |
| Q2 2025 | 49.1% | -0.5 pts | — |
| Q1 2025 | 49.6% | — | — |
Q3 2026 at a glance
Twilio, Q3 2026: revenue $1.6B (+20% year over year), operating margin 9.5%, net earnings $161M, operating cash flow $389M. The chart follows the revenue to costs, profit and cash.
Questions
What is Twilio's gross margin?
Twilio's gross margin was 48.8% in Q3 2026 (third quarter 2026), +0.3 pts from Q2 2026.
How has Twilio's gross margin changed?
Over the last 6 quarters it ranged from 48.4% (Q2 2026) to 49.6% (Q1 2025).