TTM
18.6%
YoY change
+5.64pp
Trough year (2013)
-52.2%
Peak year (2025)
20.4%
Latest annual
20.4%
FCF Margin history chart for Twilio (TWLO) from 2013 to 2025
Latest: 20.4%
FCF Margin change chart for Twilio (TWLO) from 2013 to 2025
Latest: +5.64pp
FCF Margin history table for Twilio (TWLO) from 2013 to 2025
| 2025 | 20.4% | +5.64pp | ||
| 2024 | 14.7% | +6.00pp | ||
| 2023 | 8.8% | +17.49pp | ||
| 2022 | -8.7% | -3.53pp | ||
| 2021 | -5.2% | -3.71pp | ||
| 2020 | -1.5% | +3.19pp | ||
| 2019 | -4.7% | -2.13pp | ||
| 2018 | -2.6% | +4.97pp | ||
| 2017 | -7.5% | -1.63pp | ||
| 2016 | -5.9% | +11.69pp | ||
| 2015 | -17.6% | +7.76pp | ||
| 2014 | -25.4% | +26.87pp | ||
| 2013 | -52.2% | — |
- 202520.4%+5.64pp
- 202414.7%+6.00pp
- 20238.8%+17.49pp
- 2022-8.7%-3.53pp
- 2021-5.2%-3.71pp
- 2020-1.5%+3.19pp
- 2019-4.7%-2.13pp
- 2018-2.6%+4.97pp
- 2017-7.5%-1.63pp
- 2016-5.9%+11.69pp
- 2015-17.6%+7.76pp
- 2014-25.4%+26.87pp
- 2013-52.2%—
FCF Margin values are taken from Twilio's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About FCF Margin at Twilio (TWLO)
According to Twilio's latest reported financial statements, the company's latest reported free cash flow margin is 18.6%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Twilio (TWLO) reported free cash flow margin of 20.39% – expanded 5.6 percentage points year-over-year.
2025 marks the peak free cash flow margin at 20.39%, with the historical low of -52.23% recorded in 2013.
Twilio FCF Margin by Year
Twilio FCF Margin 2025: 20.4%
2025's free cash flow margin for Twilio came in at 20.39%, expanded 5.6 percentage points from 2024. This figure represents the highest annual value in the available history.
Twilio FCF Margin 2024: 14.7%
Twilio posted free cash flow margin of 14.75% in 2024, expanded 6.0 percentage points from 2023.
Twilio FCF Margin 2023: 8.8%
In 2023, Twilio reported free cash flow margin of 8.75%, expanded 17.5 percentage points from 2022.
Twilio FCF Margin 2022: -8.7%
Twilio free cash flow margin in 2022 was -8.74%, contracted 3.5 percentage points from 2021.
Twilio FCF Margin 2021: -5.2%
Twilio free cash flow margin in 2021 was -5.22%.
See more financial history for Twilio (TWLO).
Sector peers by FCF Margin
Technology peers of Twilio (TWLO), ranked by their latest free cash flow margin
| 47.0% | |
| 43.4% | |
| 28.6% | |
| 26.6% | |
| 25.5% | |
| 22.9% | |
| 22.9% | |
| 17.7% |
- 47.0%
- 43.4%
- 28.6%
- 26.6%
- 25.5%
- 22.9%
- 22.9%
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