Filing Flows › Twilio (TWLO) › Q3 2025
Twilio (TWLO) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 31, 2025
Twilio (TWLO) reported revenue of $1.3B for the third quarter 2025 (Q3 2025), +15% from a year earlier and +6% from the quarter before. Operating margin was 3.1%, net earnings $37.2M (2.9% of revenue).
Twilio, Q3 2025: revenue $1.3B (+15% year over year), operating margin 3.1%, net earnings $37.2M, operating cash flow $264M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3B | +6% | +15% |
| Gross profit | $632M | +5% | +9% |
| Operating profit | $40.9M | +11% | — |
| Net earnings | $37.2M | +66% | — |
| Operating cash flow | $264M | -5% | +29% |
| Free cash flow | $248M | — | +31% |
What changed
Revenue was $1.3B in Q3 2025, up 15% year over year and up 6% from the previous quarter.
Gross margin was 48.6%, down 2.4 points from a year earlier. Operating profit was $0.04B, a 3.1% margin (up 3.6 points year over year). Operating expenses grew 1% against revenue growth of 15%. Net earnings were $0.04B. The effective tax rate was -14.0%.
Operating cash flow was $0.26B (up 29% year over year), 708% of net earnings. Non-cash charges added back $0.05B of depreciation and amortization and $0.16B of share-based compensation. Working capital and other items added $0.02B. After capitalized software development costs ($0.01B) and purchase of long-lived and intangible assets ($2.2M), free cash flow as the company reports it was $0.25B.
Questions
What was Twilio's revenue in the third quarter 2025?
Twilio (TWLO) reported revenue of $1.3B for the third quarter 2025 (Q3 2025), +15% from a year earlier and +6% from the quarter before.
Was Twilio profitable in the third quarter 2025?
Operating profit was $40.9M (3.1% of revenue) and net earnings $37.2M.
Source: Twilio 10-Q on SEC EDGAR.