Reported Q: Q3 2024 Rev YoY: +9.7% EPS YoY: +92.2% Move: +2.35%
Twilio Inc
TWLO
$201.70 2.35%
Exchange NYSE Sector Communication Services Industry Internet Content Information
Q3 2024
Published: Oct 31, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for TWLO

Reported

Report Date

Oct 31, 2024

Quarter Q3 2024

Revenue

1.13B

YoY: +9.7%

EPS

-0.06

YoY: +92.2%

Market Move

+2.35%

Previous quarter: Q2 2024

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Earnings Highlights

  • Revenue of $1.13B up 9.7% year-over-year
  • EPS of $-0.06 increased by 92.2% from previous year
  • Gross margin of 51.0%
  • Net income of -9.73M
  • "AI presents a huge opportunity to improve and expand the impact of CPaaS solutions to truly enhance the customer experience." - Khozema Shipchandler
TWLO
Company TWLO

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Executive Summary

Twilio reported a strong Q3 2024 despite ongoing mix migrations and investments in AI-enabled capabilities. Revenue reached $1.134 billion, up 10% year over year, with non-GAAP income from operations of $182 million and free cash flow of $189 million, underscoring continued cash generation and operating discipline. The quarter highlighted meaningful acceleration in core communications metrics, aided by AI-enabled product offerings, ongoing Cross-sell into ISVs, and advances in self-serve adoption. Management emphasized a differentiated value proposition from the combination of communications data and contextual data, powered by Twilio Segment and AI integrations, which positions the company to capture a large AI-enabled CPaaS opportunity over time. The company provided a constructive 2025 framework, signaling 7-8% revenue growth and meaningful non-GAAP operating margin expansion, with GAAP profitability targeted for the full year 2025; Investor Day is planned for late January to lay out longer-term assumptions.

Key Performance Indicators

Revenue
Increasing
1.13B
QoQ: 4.72% | YoY: 9.67%
Gross Profit
Increasing
578.63M
51.04% margin
QoQ: 6.49% | YoY: 12.07%
Operating Income
Increasing
-4.89M
QoQ: 74.70% | YoY: 95.51%
Net Income
Increasing
-9.73M
QoQ: 69.47% | YoY: 93.14%
EPS
Increasing
-0.06
QoQ: 67.84% | YoY: 92.17%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q1 2026 1,406.91 0.57 +30.0% View
Q1 2025 1,172.46 0.12 +12.0% View
Q4 2024 1,194.84 -0.08 +11.1% View
Q3 2024 1,133.65 -0.06 +9.7% View
Q2 2024 1,082.50 -0.19 +4.3% View