Flagship explainer

How TWILIO INC. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$5.1B · 100%Cost of revenue$2.6B · 51%Gross profit$2.5B · 49%Operating income$158M · 3%Income before tax$55.1M · 1%Income tax$21.3M · 0%Net income$33.8M · 1%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$5.1B100%
Cost of revenue$2.6B51%
$2.5B49%
$158M3%
Income before tax$55.1M1%
Income tax$21.3M0%
$33.8M1%
Source: · event Dec 31, 2025 · retrieved Oct 16, 2026 · annual-row source set
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