Company / Cost of Revenue
Twilio Cost of Revenue History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cost of Revenue
$2.6B
FY2025
5-year range
$846.1M / $2.6B
FY2021-FY2025
Trend
+18.7%
vs FY2024
Sector context
#56 of 276
Information Technology
What the data says
Twilio's cost of revenue of $2.6B is higher than 80% of companies in the Information Technology sector (FY2025). Cost of Revenue has increased for 3 consecutive years, from $846M in FY2022 to $2.6B in FY2025.
Based on SEC 10-K filings.
$2.6B in FY2025 with a 5-year CAGR of +25.1%. Top quartile in the Information Technology sector.
Increased from $2.1B to $2.6B over the past 2 years.
Information Technology sector context is included.
Cost of Revenue over time
Growth rates
- 3-Year CAGR
- +45.2%
- 5-Year CAGR
- +25.1%
- 10-Year CAGR
- -
Sector benchmark
-34.8% below sector average
Key checks
Key Insights
- Twilio's cost of revenue has grown for 3 consecutive years.
- 5-year CAGR of +25.1%, indicating consistent growth.
- In FY2025, cost of revenue increased 18.7% year-over-year.
- Ranks #56 out of 276 companies in the Information Technology sector.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Cost of RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $2.6B | +18.7% |
| FY2024 | $2.2B | +3.3% |
| FY2023 | $2.1B | +149.4% |
| FY2022 | $846.1M | -41.7% |
| FY2021 | $1.5B | +71.5% |
| FY2020 | $846.1M | +362.6% |
| FY2019 | $182.9M | +51.8% |
| FY2018 | $120.5M | -34.1% |
| FY2017 | $182.9M | +341.5% |
| FY2016 | $41.4M | -44.4% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026