Company / Gross Margin
Twilio Gross Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
48.9%
FY2025
5-year range
48.9% / 52.0%
FY2021-FY2025
Trend
-4.3%
vs FY2024
Sector context
#132 of 225
Information Technology
What the data says
At 48.9%, Twilio's gross margin ranks #132 of 225 in the Information Technology sector. Gross Margin has fluctuated over the past 10 years, ranging from 48.9% in FY2025 to 56.5% in FY2018.
Based on SEC 10-K filings.
48.9% in FY2025 with a 5-year CAGR of -3.1%.
Remained stable around 48.9% over the past 2 years.
Information Technology sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- -3.1pp
- 5-Year Change
- -3.1pp
- 10-Year Change
- -
Sector benchmark
#132 of 225 in Information TechnologyTop 59% of 225This company 48.9% Sector average 53.6%
▼
-8.8% below sector average
Key checks
Key Insights
- In FY2025, gross margin decreased 4.3% year-over-year.
- Currently 4.7pp below the Information Technology sector average.
- Peak gross margin was recorded in FY2018.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 48.9% | -4.3% |
| FY2024 | 51.1% | +3.9% |
| FY2023 | 49.2% | -5.3% |
| FY2022 | 52.0% | +6.2% |
| FY2021 | 48.9% | -5.8% |
| FY2020 | 52.0% | -4.0% |
| FY2019 | 54.2% | -4.2% |
| FY2018 | 56.5% | +4.4% |
| FY2017 | 54.2% | +1.5% |
| FY2016 | 53.4% | -3.6% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026