Twilio (TWLO) revenue breakdown

Technology · Software - Infrastructure · Market cap $42.3B

By segment, Twilio Communications is the largest at 93% of fiscal 2024 revenue, growing 16% a year over 3 years.

By product, Messaging is the largest at 57% of fiscal 2025 revenue; Other grew fastest, 63% a year over 5 years.

Revenue by segment

Fiscal years, as Twilio reports them in its 10-K filings; fiscal 2024 total $4.5B.

Segments2021202220232024Share
Twilio Communications$2.6B$3.6B$3.9B$4.2B 93%
Segment$201M$276M$295M$298M 7%

Revenue by product

Fiscal years, as Twilio reports them in its 10-K filings; fiscal 2025 total $5.1B.

Products202020212022202320242025Share
Messaging———$2.3B$2.4B$2.9B 57%
Other$65M$105M$134M$655M$693M$747M 15%
Voice$345M$428M$475M$512M$543M$616M 12%
Email$219M$277M$334M$440M$488M$523M 10%
Segment———$295M$298M$303M 6%
Programmable Messaging$821M$1.4B$2.1B——— —
Software$98M$326M$441M——— —

Revenue by region

Fiscal years, as Twilio reports them in its 10-K filings; fiscal 2025 total $5.1B.

Regions201720182019202020212022202320242025Share
United States$309M$485M$809M$1.3B$1.9B$2.5B$2.8B$2.9B$3.2B 64%
International$90M$165M$326M$480M$915M$1.3B$1.4B$1.6B$1.8B 36%
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Questions

Where does Twilio make its money?

In fiscal 2024, by segment: Twilio Communications $4.2B, Segment $298M.

From Twilio's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.