Filing Flows › Twilio (TWLO) › Q1 2026
Twilio (TWLO) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 1, 2026
Twilio (TWLO) reported revenue of $1.4B for the first quarter 2026 (Q1 2026), +20% from a year earlier and +3% from the quarter before. Operating margin was 7.7%, net earnings $90.1M (6.4% of revenue).
Twilio, Q1 2026: revenue $1.4B (+20% year over year), operating margin 7.7%, net earnings $90.1M, operating cash flow $153M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4B | +3% | +20% |
| Gross profit | $684M | +3% | +18% |
| Operating profit | $108M | +90% | +366% |
| Net earnings | $90.1M | — | +350% |
| Operating cash flow | $153M | -44% | -20% |
| Free cash flow | $132M | — | -26% |
What changed
Revenue was $1.4B in Q1 2026, up 20% year over year and up 3% from the previous quarter.
Gross margin was 48.6%, down 1.0 points from Q1 2025. Operating profit was $0.11B, a 7.7% margin (up 5.7 points year over year). Of the extra revenue versus Q1 2025, 36% reached operating profit, above the 2% margin then. Operating expenses grew 3% against revenue growth of 20%. The fastest-growing cost line was General & admin (+11%). Net earnings were $0.09B, up 350% year over year. The effective tax rate was 11.8%.
Operating cash flow was $0.15B (down 20% year over year), 170% of net earnings. Non-cash charges added back $0.03B of depreciation and amortization and $0.14B of share-based compensation. Working capital and other items used $0.11B. After capitalized software development costs ($0.02B) and purchase of long-lived assets ($4.2M), free cash flow as the company reports it was $0.13B.
Questions
What was Twilio's revenue in the first quarter 2026?
Twilio (TWLO) reported revenue of $1.4B for the first quarter 2026 (Q1 2026), +20% from a year earlier and +3% from the quarter before.
Was Twilio profitable in the first quarter 2026?
Operating profit was $108M (7.7% of revenue) and net earnings $90.1M.
Source: Twilio 10-Q on SEC EDGAR.