Shares Outstanding for Twilio (TWLO)
According to Twilio's latest reported financial statements, the company's latest reported diluted shares outstanding is 152.34M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

TWLO
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Latest period
152.34M
YoY change
-3.7%
5Y CAGR
+1.7%
Peak year (2023)
183.33M
Latest annual
159.79M
Shares Outstanding history chart for Twilio (TWLO) from 2013 to 2025
Shares Outstanding history table for Twilio (TWLO) from 2013 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 159.79M | -3.7% | ||
| 2024 | 165.93M | -9.5% | ||
| 2023 | 183.33M | +0.2% | ||
| 2022 | 182.99M | +5.1% | ||
| 2021 | 174.18M | +18.7% | ||
| 2020 | 146.71M | +12.8% | ||
| 2019 | 130.08M | +33.9% | ||
| 2018 | 97.13M | +6.5% | ||
| 2017 | 91.22M | +2.9% | ||
| 2016 | 88.61M | +14.9% | ||
| 2015 | 77.10M | +7.1% | ||
| 2014 | 71.99M | +329.1% | ||
| 2013 | 16.78M | — |
Shares Outstanding values are taken from Twilio's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual diluted shares outstanding for Twilio (TWLO) came in at 159.79M – edged down 3.7% year-over-year.
Twilio diluted shares outstanding compound annual growth for the 2020–2025 (5 years) window is +1.7%, with the latest reading among the more recent periods of the dataset.
Twilio diluted shares outstanding peaked at 183.33M in 2023; the latest annual figure is 159.79M in 2025 (12.8% below peak).
The highest annual diluted shares outstanding of 183.33M was reported in 2023. The lowest in the available history was 16.78M in 2013.
Twilio (TWLO) sits 9th of 8 Communication Services peers we track on this metric, against a peer median of 3.93B.
Twilio Shares Outstanding by Year
Twilio Shares Outstanding 2025: 159.79M
Twilio diluted shares outstanding in 2025 was 159.79M, edged down 3.7% below 2024.
Twilio Shares Outstanding 2024: 165.93M
Twilio diluted shares outstanding in 2024 was 165.93M, declined 9.5% below 2023.
Twilio Shares Outstanding 2023: 183.33M
Twilio diluted shares outstanding in 2023 was 183.33M, edged up 0.2% from 2022. This figure represents the highest annual value in the available history.
Twilio Shares Outstanding 2022: 182.99M
Twilio diluted shares outstanding in 2022 was 182.99M, grew 5.1% from 2021.
Twilio Shares Outstanding 2021: 174.18M
Twilio diluted shares outstanding in 2021 was 174.18M.
See more financial history for Twilio (TWLO).
Sector peers — Shares Outstanding
Companies in the same sector as Twilio, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| Alphabet Inc. (GOOGL) | 12.23B | Communication Services |
| AT&T Inc. (T) | 7.18B | Communication Services |
| Netflix, Inc. (NFLX) | 4.32B | Communication Services |
| Verizon Communications Inc. (VZ) | 4.23B | Communication Services |
| Comcast Corporation (CMCSA) | 3.64B | Communication Services |
| Meta Platforms, Inc. (META) | 2.57B | Communication Services |
| The Walt Disney Company (DIS) | 1.81B | Communication Services |
| T-Mobile US, Inc. (TMUS) | 1.13B | Communication Services |
Frequently asked questions
What is Twilio's diluted shares outstanding?
- Latest reported diluted shares outstanding for Twilio (TWLO) is 152.34M (period ending December 31, 2025).
How has Twilio diluted shares outstanding changed year-over-year?
- Twilio (TWLO) diluted shares outstanding changed -3.7% year-over-year on the latest annual filing.
What is the long-term growth rate of Twilio diluted shares outstanding?
- Twilio (TWLO) diluted shares outstanding compound annual growth rate is +1.7% over the most recent 5 years available.
When did Twilio diluted shares outstanding hit its highest annual value?
- Twilio diluted shares outstanding reached its highest annual value of 183.33M in 2023.
What was Twilio diluted shares outstanding in 2024?
- Twilio (TWLO) diluted shares outstanding in 2024 was 165.93M.
What was Twilio diluted shares outstanding in 2025?
- Twilio (TWLO) diluted shares outstanding in 2025 was 159.79M.
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