Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement.
Across FY2016–FY2025: $3.87B in buybacks.
Debt Profile
Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.
Reported debt balances
Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.
#### On March 4, 2021, Twilio Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”), with J.P. Morgan Securities LLC, as the representative of the several underwriters named therein (collectively, the “Underwriters”), to issue and sell $1.0 billion aggregate principal amount of senior notes, consisting of $500.0 million principal amount of 3.625% notes due 2029 (the “2029 Notes”) and $500.0 million principal amount of 3.875% notes due 2031 (the “2031 Notes,” and together with the 2029 Notes, the “Notes”). The Underwriting Agreement includes customary representations, warranties, conditions and covenants, including an agreement to indemnify the Underwriters against certain liabilities.
Issuer evidence: #### On March 4, 2021, Twilio Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”), with J.P. Morgan Securities LLC, as the representative of the several underwriters named therein (collectively, the “Underwriters”), to issue and sell $1.0 billion aggregate principal amount of senior notes, consisting of $500.0 million principal amount of 3.625% notes due 2029 (the “2029 Notes”) and $500.0 million principal amount of 3.875% notes due 2031 (the “2031 Notes,” and together with the 2029 Notes, the “Notes”). The Underwriting Agreement includes customary representations, warranties, conditions and covenants, including an agreement to indemnify the Underwriters against certain liabilities.
Supporting evidence: #### The Notes were issued pursuant to an indenture dated March 9, 2021 (the “Base Indenture”) between the Company and U.S. Bank National Association, as trustee (the “Trustee”), as supplemented by the First Supplemental Indenture dated March 9, 2021 (the “Supplemental Indenture,” and, together with the Base Indenture, the “Indenture”), between the Company and the Trustee. The Notes will be guaranteed by each of the Company’s domestic subsidiaries that are not immaterial subsidiaries. Initially, none of the Company’s subsidiaries will guarantee the Notes. The 2029 Notes will bear interest at the rate of 3.625% per annum and will mature on March 15, 2029. The 2031 Notes will bear interest at the rate of 3.875% per annum and will mature on March 15, 2031. Interest on the Notes is payable in cash on March 15 and September 15 of each year, beginning on September 15, 2021.
Supporting evidence: #### The Notes were issued pursuant to an indenture dated March 9, 2021 (the “Base Indenture”) between the Company and U.S. Bank National Association, as trustee (the “Trustee”), as supplemented by the First Supplemental Indenture dated March 9, 2021 (the “Supplemental Indenture,” and, together with the Base Indenture, the “Indenture”), between the Company and the Trustee. The Notes will be guaranteed by each of the Company’s domestic subsidiaries that are not immaterial subsidiaries. Initially, none of the Company’s subsidiaries will guarantee the Notes. The 2029 Notes will bear interest at the rate of 3.625% per annum and will mature on March 15, 2029. The 2031 Notes will bear interest at the rate of 3.875% per annum and will mature on March 15, 2031. Interest on the Notes is payable in cash on March 15 and September 15 of each year, beginning on September 15, 2021.
Supporting evidence: #### On March 4, 2021, Twilio Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”), with J.P. Morgan Securities LLC, as the representative of the several underwriters named therein (collectively, the “Underwriters”), to issue and sell $1.0 billion aggregate principal amount of senior notes, consisting of $500.0 million principal amount of 3.625% notes due 2029 (the “2029 Notes”) and $500.0 million principal amount of 3.875% notes due 2031 (the “2031 Notes,” and together with the 2029 Notes, the “Notes”). The Underwriting Agreement includes customary representations, warranties, conditions and covenants, including an agreement to indemnify the Underwriters against certain liabilities.
3.875% notes due 2031
Note · Twilio Inc.
Reference: 3.875% notes due 2031
Active
Original principal
USD 500,000,000
Outstanding
—
Commitment
—
Availability
—
Maturity
Mar 15, 2031
Last reported interest terms:
3.875%
Reported 2021-03-09Later filings may not restate these terms; this does not confirm they still apply.
Covenant terms for this agreement are not yet verified.
#### On March 4, 2021, Twilio Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”), with J.P. Morgan Securities LLC, as the representative of the several underwriters named therein (collectively, the “Underwriters”), to issue and sell $1.0 billion aggregate principal amount of senior notes, consisting of $500.0 million principal amount of 3.625% notes due 2029 (the “2029 Notes”) and $500.0 million principal amount of 3.875% notes due 2031 (the “2031 Notes,” and together with the 2029 Notes, the “Notes”). The Underwriting Agreement includes customary representations, warranties, conditions and covenants, including an agreement to indemnify the Underwriters against certain liabilities.
Issuer evidence: #### On March 4, 2021, Twilio Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”), with J.P. Morgan Securities LLC, as the representative of the several underwriters named therein (collectively, the “Underwriters”), to issue and sell $1.0 billion aggregate principal amount of senior notes, consisting of $500.0 million principal amount of 3.625% notes due 2029 (the “2029 Notes”) and $500.0 million principal amount of 3.875% notes due 2031 (the “2031 Notes,” and together with the 2029 Notes, the “Notes”). The Underwriting Agreement includes customary representations, warranties, conditions and covenants, including an agreement to indemnify the Underwriters against certain liabilities.
Supporting evidence: #### The Notes were issued pursuant to an indenture dated March 9, 2021 (the “Base Indenture”) between the Company and U.S. Bank National Association, as trustee (the “Trustee”), as supplemented by the First Supplemental Indenture dated March 9, 2021 (the “Supplemental Indenture,” and, together with the Base Indenture, the “Indenture”), between the Company and the Trustee. The Notes will be guaranteed by each of the Company’s domestic subsidiaries that are not immaterial subsidiaries. Initially, none of the Company’s subsidiaries will guarantee the Notes. The 2029 Notes will bear interest at the rate of 3.625% per annum and will mature on March 15, 2029. The 2031 Notes will bear interest at the rate of 3.875% per annum and will mature on March 15, 2031. Interest on the Notes is payable in cash on March 15 and September 15 of each year, beginning on September 15, 2021.
Supporting evidence: #### The Notes were issued pursuant to an indenture dated March 9, 2021 (the “Base Indenture”) between the Company and U.S. Bank National Association, as trustee (the “Trustee”), as supplemented by the First Supplemental Indenture dated March 9, 2021 (the “Supplemental Indenture,” and, together with the Base Indenture, the “Indenture”), between the Company and the Trustee. The Notes will be guaranteed by each of the Company’s domestic subsidiaries that are not immaterial subsidiaries. Initially, none of the Company’s subsidiaries will guarantee the Notes. The 2029 Notes will bear interest at the rate of 3.625% per annum and will mature on March 15, 2029. The 2031 Notes will bear interest at the rate of 3.875% per annum and will mature on March 15, 2031. Interest on the Notes is payable in cash on March 15 and September 15 of each year, beginning on September 15, 2021.
Supporting evidence: #### On March 4, 2021, Twilio Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”), with J.P. Morgan Securities LLC, as the representative of the several underwriters named therein (collectively, the “Underwriters”), to issue and sell $1.0 billion aggregate principal amount of senior notes, consisting of $500.0 million principal amount of 3.625% notes due 2029 (the “2029 Notes”) and $500.0 million principal amount of 3.875% notes due 2031 (the “2031 Notes,” and together with the 2029 Notes, the “Notes”). The Underwriting Agreement includes customary representations, warranties, conditions and covenants, including an agreement to indemnify the Underwriters against certain liabilities.
3.625% Senior Notes due 2029
Note · Twilio Inc.
Reference: 3.625% Senior Notes due 2029
Active
Original principal
USD 500,000,000
Outstanding
—
Commitment
—
Availability
—
Maturity
—
Last reported interest terms:
3.625%
Reported 2021-03-09Later filings may not restate these terms; this does not confirm they still apply.
Covenant terms for this agreement are not yet verified.
WHEREAS, the Company has duly authorized the execution and delivery, and desires and has requested the Trustee to join it in the execution and delivery, of this Supplemental Indenture in order to establish and provide for the issuance by the Company of a series of Notes designated as its 3.625% Senior Notes due 2029 (the “**Initial 2029 Notes**”) in an aggregate principal amount of $500,000,000 and a series of Notes designated as its 3.875% Senior Notes due 2031 (the “**Initial 2031 Notes**” and, together with the Initial 2029 Notes, the “**Initial Notes**”) in an aggregate principal amount of $500,000,000, on the terms set forth herein;
Issuer evidence: FIRST SUPPLEMENTAL INDENTURE, dated as of March 9, 2021 (this “**Supplemental Indenture**”), to the Indenture dated as of March 9, 2021 (as amended, modified or supplemented from time to time in accordance therewith, other than with respect to a particular series of debt securities, the “**Base Indenture**” and, as amended, modified and supplemented by this Supplemental Indenture, the “**Indenture**”), by and between Twilio Inc. (the “**Company**”), and U.S. Bank National Association, as trustee (the “**Trustee**”).
Supporting evidence: WHEREAS, the Company has duly authorized the execution and delivery, and desires and has requested the Trustee to join it in the execution and delivery, of this Supplemental Indenture in order to establish and provide for the issuance by the Company of a series of Notes designated as its 3.625% Senior Notes due 2029 (the “**Initial 2029 Notes**”) in an aggregate principal amount of $500,000,000 and a series of Notes designated as its 3.875% Senior Notes due 2031 (the “**Initial 2031 Notes**” and, together with the Initial 2029 Notes, the “**Initial Notes**”) in an aggregate principal amount of $500,000,000, on the terms set forth herein;
Supporting evidence: WHEREAS, the Company has duly authorized the execution and delivery, and desires and has requested the Trustee to join it in the execution and delivery, of this Supplemental Indenture in order to establish and provide for the issuance by the Company of a series of Notes designated as its 3.625% Senior Notes due 2029 (the “**Initial 2029 Notes**”) in an aggregate principal amount of $500,000,000 and a series of Notes designated as its 3.875% Senior Notes due 2031 (the “**Initial 2031 Notes**” and, together with the Initial 2029 Notes, the “**Initial Notes**”) in an aggregate principal amount of $500,000,000, on the terms set forth herein;
3.875% Senior Notes due 2031
Note · Twilio Inc.
Reference: 3.875% Senior Notes due 2031
Active
Original principal
USD 500,000,000
Outstanding
—
Commitment
—
Availability
—
Maturity
—
Last reported interest terms:
3.875%
Reported 2021-03-09Later filings may not restate these terms; this does not confirm they still apply.
Covenant terms for this agreement are not yet verified.
WHEREAS, the Company has duly authorized the execution and delivery, and desires and has requested the Trustee to join it in the execution and delivery, of this Supplemental Indenture in order to establish and provide for the issuance by the Company of a series of Notes designated as its 3.625% Senior Notes due 2029 (the “**Initial 2029 Notes**”) in an aggregate principal amount of $500,000,000 and a series of Notes designated as its 3.875% Senior Notes due 2031 (the “**Initial 2031 Notes**” and, together with the Initial 2029 Notes, the “**Initial Notes**”) in an aggregate principal amount of $500,000,000, on the terms set forth herein;
Issuer evidence: FIRST SUPPLEMENTAL INDENTURE, dated as of March 9, 2021 (this “**Supplemental Indenture**”), to the Indenture dated as of March 9, 2021 (as amended, modified or supplemented from time to time in accordance therewith, other than with respect to a particular series of debt securities, the “**Base Indenture**” and, as amended, modified and supplemented by this Supplemental Indenture, the “**Indenture**”), by and between Twilio Inc. (the “**Company**”), and U.S. Bank National Association, as trustee (the “**Trustee**”).
Supporting evidence: WHEREAS, the Company has duly authorized the execution and delivery, and desires and has requested the Trustee to join it in the execution and delivery, of this Supplemental Indenture in order to establish and provide for the issuance by the Company of a series of Notes designated as its 3.625% Senior Notes due 2029 (the “**Initial 2029 Notes**”) in an aggregate principal amount of $500,000,000 and a series of Notes designated as its 3.875% Senior Notes due 2031 (the “**Initial 2031 Notes**” and, together with the Initial 2029 Notes, the “**Initial Notes**”) in an aggregate principal amount of $500,000,000, on the terms set forth herein;
Supporting evidence: WHEREAS, the Company has duly authorized the execution and delivery, and desires and has requested the Trustee to join it in the execution and delivery, of this Supplemental Indenture in order to establish and provide for the issuance by the Company of a series of Notes designated as its 3.625% Senior Notes due 2029 (the “**Initial 2029 Notes**”) in an aggregate principal amount of $500,000,000 and a series of Notes designated as its 3.875% Senior Notes due 2031 (the “**Initial 2031 Notes**” and, together with the Initial 2029 Notes, the “**Initial Notes**”) in an aggregate principal amount of $500,000,000, on the terms set forth herein;
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
7.08×
Peer median 8.69×
EV/EBIT
136.13×
Peer median 37.59×
P/E (TTM)
35.54×
Peer median 37.18×
Peer medians compare against the 43 similar-size Software - Infrastructure companies (of 159 listed).
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
Component
FY2024
FY2023
FY2022
FY2021
Communications Segment
$4,160,340,000
$3,858,693,000
$3,550,087,000
$2,640,874,000
Twilio Segment
$297,696,000
$295,252,000
$276,234,000
$200,965,000
By Geography (USD)
Component
FY2025
FY2024
FY2023
FY2022
FY2021
FY2020
FY2019
FY2018
United States
$3,246,863,000
$2,898,056,000
$2,757,470,000
$2,510,525,000
$1,927,302,000
$1,282,213,000
$808,857,000
$484,809,000
Non Us
$1,820,357,000
$1,559,980,000
$1,396,475,000
$1,315,796,000
$914,537,000
$479,563,000
$325,611,000
$165,258,000
By Product & Service (USD)
Component
FY2025
FY2024
FY2023
FY2022
FY2021
FY2020
Messaging
$2,878,304,000
$2,435,462,000
$2,251,308,000
—
—
—
Other Communications
$746,541,000
$693,490,000
$655,472,000
$376,650,000
$289,131,000
$213,800,000
Programmable Voice
$615,655,000
$543,117,000
$511,728,000
$474,790,000
$428,484,000
$345,042,000
Email
$523,470,000
$488,271,000
$440,185,000
$333,500,000
$277,400,000
$218,700,000
Segment
$303,250,000
$297,696,000
$295,252,000
—
—
—
Programmable Messaging
—
—
—
$2,066,300,000
$1,416,265,000
$820,887,000
Software
—
—
—
$441,477,000
$325,943,000
$98,363,000
Product And Service Other
—
—
—
$133,604,000
$104,616,000
$64,984,000
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
