Filing Flows › Twilio (TWLO) › Q2 2025
Twilio (TWLO) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 8, 2025
Twilio (TWLO) reported revenue of $1.2B for the second quarter 2025 (Q2 2025), +13% from a year earlier and +5% from the quarter before. Operating margin was 3.0%, net earnings $22.4M (1.8% of revenue).
Twilio, Q2 2025: revenue $1.2B (+14% year over year), operating margin 3.0%, net earnings $22.4M, operating cash flow $277M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2B | +5% | +13% |
| Gross profit | $603M | +4% | +8% |
| Operating profit | $37.0M | +60% | — |
| Net earnings | $22.4M | +12% | — |
| Operating cash flow | $277M | +45% | +30% |
| Free cash flow | $263M | — | +33% |
What changed
Revenue was $1.2B in Q2 2025, up 13% year over year and up 5% from the previous quarter.
Gross margin was 49.1%, down 2.3 points from a year earlier. Operating profit was $0.04B, a 3.0% margin (up 4.8 points year over year). Operating expenses fell 2% while revenue rose 13%. Net earnings were $0.02B. The effective tax rate was 33.2%.
Operating cash flow was $0.28B (up 30% year over year), 1236% of net earnings. Non-cash charges added back $0.05B of depreciation and amortization and $0.15B of share-based compensation. Working capital and other items added $0.06B. After capitalized software development costs ($0.01B) and purchase of long-lived and intangible assets ($1.0M), free cash flow as the company reports it was $0.26B.
Questions
What was Twilio's revenue in the second quarter 2025?
Twilio (TWLO) reported revenue of $1.2B for the second quarter 2025 (Q2 2025), +13% from a year earlier and +5% from the quarter before.
Was Twilio profitable in the second quarter 2025?
Operating profit was $37.0M (3.0% of revenue) and net earnings $22.4M.
Source: Twilio 10-Q on SEC EDGAR.