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Twilio (TWLO) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 7, 2026

Twilio (TWLO) reported revenue of $1.5B for the second quarter 2026 (Q2 2026), +22% from a year earlier and +7% from the quarter before. Operating margin was 5.6%, net earnings $1.1B (71.2% of revenue).

Revenue$1.5B
Year over year+22%
Quarter over quarter+7%
Operating margin5.6%
Net earnings$1.1B

Twilio, Q2 2026: revenue $1.5B (+22% year over year), operating margin 5.6%, net earnings $1.1B, operating cash flow $372M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$1.5B+7%+22%
Gross profit$726M+6%+20%
Operating profit$84.5M-21%+129%
Net earnings$1.1B12×48×
Operating cash flow$372M+143%+34%
Free cash flow$353M—+34%

What changed

Revenue was $1.5B in Q2 2026, up 22% year over year and up 7% from the previous quarter.

Gross margin was 48.4%, down 0.6 points from Q2 2025. Operating profit was $0.08B, a 5.6% margin (up 2.6 points year over year). Of the extra revenue versus Q2 2025, 18% reached operating profit, above the 3% margin then. Operating expenses grew 13% against revenue growth of 22%. The fastest-growing cost line was General & admin (+17%). Net earnings were $1.1B, up 4659% year over year. The tax line was a benefit of $1.0B on pre-tax earnings of $0.08B.

Operating cash flow was $0.37B (up 34% year over year), 35% 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 $0.87B. After capitalized software development costs ($0.02B) and purchase of long-lived assets ($3.1M), free cash flow as the company reports it was $0.35B.

Questions

What was Twilio's revenue in the second quarter 2026?

Twilio (TWLO) reported revenue of $1.5B for the second quarter 2026 (Q2 2026), +22% from a year earlier and +7% from the quarter before.

Was Twilio profitable in the second quarter 2026?

Operating profit was $84.5M (5.6% of revenue) and net earnings $1.1B.

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Source: Twilio 10-Q on SEC EDGAR.