TTM
48.7%
YoY change
−2.19pp
Trough year (2022)
47.4%
Peak year (2016)
56.5%
Latest annual
48.9%
Gross Margin history chart for Twilio (TWLO) from 2013 to 2025
Latest: 48.9%
Gross Margin change chart for Twilio (TWLO) from 2013 to 2025
Latest: −2.19pp
Gross Margin history table for Twilio (TWLO) from 2013 to 2025
| 2025 | 48.9% | -2.19pp | ||
| 2024 | 51.1% | +1.90pp | ||
| 2023 | 49.2% | +1.81pp | ||
| 2022 | 47.4% | -1.54pp | ||
| 2021 | 48.9% | -3.04pp | ||
| 2020 | 52.0% | -1.70pp | ||
| 2019 | 53.7% | -0.05pp | ||
| 2018 | 53.7% | -0.44pp | ||
| 2017 | 54.2% | -2.38pp | ||
| 2016 | 56.5% | +1.15pp | ||
| 2015 | 55.4% | +2.02pp | ||
| 2014 | 53.4% | +5.20pp | ||
| 2013 | 48.2% | — |
- 202548.9%-2.19pp
- 202451.1%+1.90pp
- 202349.2%+1.81pp
- 202247.4%-1.54pp
- 202148.9%-3.04pp
- 202052.0%-1.70pp
- 201953.7%-0.05pp
- 201853.7%-0.44pp
- 201754.2%-2.38pp
- 201656.5%+1.15pp
- 201555.4%+2.02pp
- 201453.4%+5.20pp
- 201348.2%—
Gross 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 Gross Margin at Twilio (TWLO)
According to Twilio's latest reported financial statements, the company's latest reported gross margin is 48.7%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Twilio (TWLO) most recent annual gross margin stands at 48.92% (2025) – contracted 2.2 percentage points year-over-year.
2016 marks the peak gross margin at 56.54%, with the historical low of 47.40% recorded in 2022.
Twilio Gross Margin by Year
Twilio Gross Margin 2025: 48.9%
Twilio gross margin in 2025 was 48.92%, contracted 2.2 percentage points from 2024.
Twilio Gross Margin 2024: 51.1%
2024's gross margin for Twilio came in at 51.10%, expanded 1.9 percentage points from 2023.
Twilio Gross Margin 2023: 49.2%
Twilio posted gross margin of 49.20% in 2023, expanded 1.8 percentage points from 2022.
Twilio Gross Margin 2022: 47.4%
In 2022, Twilio reported gross margin of 47.40%, contracted 1.5 percentage points from 2021. This figure represents the lowest annual value in the available history.
Twilio Gross Margin 2021: 48.9%
Twilio gross margin in 2021 was 48.94%.
See more financial history for Twilio (TWLO).
Sector peers by Gross Margin
Technology peers of Twilio (TWLO), ranked by their latest gross margin
| 74.1% | |
| 68.3% | |
| 67.0% | |
| 61.8% | |
| 58.4% | |
| 52.6% | |
| 50.3% | |
| 47.9% |
- 74.1%
- 68.3%
- 67.0%
- 61.8%
- 52.6%
- 50.3%
- 47.9%
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