Q4 24 EPS
$1.00
MISS 2.91%
Est. $1.03
Q4 24 Revenue
$1.19B
BEAT +1.26%
Est. $1.18B
vs S&P Since Q4 24
+16.1%
BEATING MARKET
TWLO +34.3% vs S&P +18.2%
Full Year 2024 Results
FY 24 EPS
$3.67
MISS 0.51%
Est. $3.69
FY 24 Revenue
$4.46B
BEAT +0.33%
Est. $4.44B
Market Reaction
Did TWLO Beat Earnings? Q4 2024 Results
Twilio posted a mixed Q4 2024, delivering a revenue beat but falling short on the bottom line as shares slid more than 5% following the report. Revenue came in at $1.19 billion, topping the $1.18 billion consensus by 1.26% and marking 11.1% growth ye… Read more Twilio posted a mixed Q4 2024, delivering a revenue beat but falling short on the bottom line as shares slid more than 5% following the report. Revenue came in at $1.19 billion, topping the $1.18 billion consensus by 1.26% and marking 11.1% growth year-over-year, while adjusted EPS of $1.00 missed the $1.03 estimate by 2.91%. The headline story, however, was Twilio's first-ever quarter of GAAP operating profitability at $13.73 million, a striking reversal from a $361.73 million GAAP operating loss in the year-ago period. That achievement was partly clouded by $16.80 million in bad debt expenses tied to Brazilian telecom Oi SA, which weighed on both GAAP and non-GAAP operating income. Communications drove growth, rising 12% year-over-year to $1.12 billion, while the Segment business slipped 1% to $74.05 million. Looking ahead, management guided Q1 2025 revenue of $1.13 to $1.14 billion and full-year organic revenue growth of 7-8%, with free cash flow targeted at $825 to $850 million.
Key Takeaways
- • Second consecutive quarter of double-digit revenue growth
- • First-ever quarter of GAAP operating profitability
- • Communications segment revenue growth of 12% Y/Y
- • Dollar-Based Net Expansion Rate improved to 106% from 102% Y/Y
- • Active Customer Accounts grew to over 325,000 from over 305,000
- • Non-GAAP operating margin expanded to 16.5%
- • Financial discipline and operational rigor
TWLO YoY Financials
Q4 2024 vs Q4 2023, source: SEC Filings
TWLO Revenue by Segment
With YoY comparisons, source: SEC Filings
“Twilio's focus on financial discipline, operational rigor, and innovation is paying off as we delivered a second consecutive quarter of double digit growth and our first ever quarter of GAAP operating profitability.”
— Khozema Shipchandler, Q4 2024 Earnings Press Release
TWLO Earnings Trends
TWLO vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
TWLO EPS Trend
Earnings per share: estimate vs actual
TWLO Revenue Trend
Quarterly revenue: estimate vs actual
TWLO Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 | — | $1.50 | — | $1.41B | +4.92% |
| Q4 25 BEAT FY | $1.23 | $1.33 | +8.13% | $1.37B | +3.71% |
| FY Full Year | $4.79 | $4.89 | +2.04% | $5.07B | +0.97% |
| Q3 25 BEAT | $1.07 | $1.25 | +17.00% | $1.30B | +3.83% |
| Q1 25 BEAT | $0.96 | $1.14 | +18.59% | $1.17B | +2.98% |
| Q4 24 MISS FY | $1.03 | $1.00 | -2.91% | $1.19B | +1.26% |
| FY Full Year | $3.69 | $3.67 | -0.51% | $4.46B | +0.33% |