Twilio (TWLO) Q1 2026 Earnings
How Did TWLO Stock React to Q1 2026 Earnings?
S&P 500 over the same 30 days: +4.66%.
Did TWLO Beat Earnings? Q1 2026 Results
Yes. Twilio reported Q1 2026 earnings of $1.50 a share on Apr 30, 2026, beating the $1.27 consensus estimate by 17.8%. Revenue was $1.4B against a $1.3B estimate.
Twilio kicked off fiscal 2026 with a notably strong first quarter, posting revenue of $1.41 billion, up 20% year-over-year and ahead of the $1.35 billion consensus by 4.54%, while non-GAAP EPS of $1.50 beat the $1.27 estimate by 17.82%. The company described the quarter as its highest revenue and gross profit growth rates in more than three years, a momentum CEO Khozema Shipchandler tied directly to a multi-year transformation in innovation velocity and go-to-market efficiency as Twilio repositions itself as foundational AI-era infrastructure. Profitability metrics reinforced the narrative, with GAAP operating income surging to $107.67 million from $29.09 million a year ago and the Dollar-Based Net Expansion Rate improving to 114% from 107%, signaling deepening customer engagement. The strong results prompted Twilio to raise its full-year 2026 guidance, now calling for reported revenue growth of 14% to 15% and non-GAAP operating income of $1.08 billion to $1.10 billion, even as notable insider share sales near the stock's 52-week high drew some attention from investors.
- 20% reported revenue growth and 16% organic revenue growth year-over-year
- Dollar-Based Net Expansion Rate improved to 114% from 107% year-over-year
- GAAP income from operations grew 366% year-over-year
- Non-GAAP operating margin expanded to 20% from 18% year-over-year
- Stock-based compensation as a percentage of revenue declined to 10% from 12%
“Q1 was a milestone quarter for Twilio, marked by our highest revenue and gross profit growth rates in more than three years.”
Twilio CEO, on the earnings call
What Was Twilio's Outlook in Q1 2026?
For Q2 2026, Twilio guided revenue of $1.420 billion to $1.430 billion (15.5%-16.5% reported growth, 10%-11% organic growth), non-GAAP income from operations of $250-$260 million, and non-GAAP diluted EPS of $1.27-$1.32. For full-year 2026, Twilio raised reported revenue growth guidance to 14%-15% (from 11.5%-12.5%), organic revenue growth to 9.5%-10.5% (from 8%-9%), non-GAAP income from operations to $1.08-$1.10 billion (from $1.04-$1.06 billion), and free cash flow to $1.08-$1.10 billion (from $1.04-$1.06 billion). Non-GAAP gross profit growth is expected to be similar to organic revenue growth.
TWLO YoY Financials
| Metric | Q1 2026 | Q1 2025 | Year over year |
|---|---|---|---|
| Revenue | $1.4B | $1.2B | +20.0% |
| Gross Profit | $684.2M | $581.5M | +17.7% |
| Operating Income | $107.7M | $23.1M | +366.5% |
| Net Income | $90.1M | $20.0M | +350.3% |
TWLO Revenue by Segment
Figures from SEC filings and company reports. Not investment advice.