Filing Flows › Twilio (TWLO) › Q1 2025
Twilio (TWLO) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 2, 2025
Twilio (TWLO) reported revenue of $1.2B for the first quarter 2025 (Q1 2025), +12% from a year earlier and -2% from the quarter before. Operating margin was 2.0%, net earnings $20.0M (1.7% of revenue).
Twilio, Q1 2025: revenue $1.2B (+12% year over year), operating margin 2.0%, net earnings $20.0M, operating cash flow $191M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2B | -2% | +12% |
| Gross profit | $582M | -3% | +7% |
| Operating profit | $23.1M | +68% | — |
| Net earnings | $20.0M | — | — |
| Operating cash flow | $191M | +76% | +0.5% |
| Free cash flow | $178M | — | +0.6% |
What changed
Revenue was $1.2B in Q1 2025, up 12% year over year and down 2% from the previous quarter.
Gross margin was 49.6%, down 2.4 points from a year earlier. Operating profit was $0.02B, a 2.0% margin (up 6.1 points year over year). Operating expenses fell 5% while revenue rose 12%. Net earnings were $0.02B. The effective tax rate was 24.7%.
Operating cash flow was $0.19B (roughly flat year over year), 954% of net earnings. Non-cash charges added back $0.05B of depreciation and amortization and $0.14B of share-based compensation. Working capital and other items used $0.02B. After capitalized software development costs ($0.01B) and purchase of long-lived and intangible assets ($1.2M), free cash flow as the company reports it was $0.18B.
Questions
What was Twilio's revenue in the first quarter 2025?
Twilio (TWLO) reported revenue of $1.2B for the first quarter 2025 (Q1 2025), +12% from a year earlier and -2% from the quarter before.
Was Twilio profitable in the first quarter 2025?
Operating profit was $23.1M (2.0% of revenue) and net earnings $20.0M.
Source: Twilio 10-Q on SEC EDGAR.