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Get filing alertsTwilio reports 22% Q2 revenue growth, raises full-year guidance on record profitability
Filed August 6, 2026 · Period ending August 6, 2026 · ~1 min read
Key Changes
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high
Q2 revenue of $1.50 billion, up 22% year-over-year (17% organic growth excluding acquisitions and A2P fees).
Exhibit 99.1 view on EDGAR → -
high
Non-GAAP operating income of $284.6 million, up 29% year-over-year; non-GAAP diluted EPS of $1.47 vs. $1.19 prior year.
Exhibit 99.1 view on EDGAR → -
high
Raised full-year 2026 organic revenue growth guidance to 13%–13.5% from 9.5%–10.5%; non-GAAP operating income guidance to $1.135B–$1.155B from $1.08B–$1.10B.
Exhibit 99.1 view on EDGAR → -
high
Free cash flow of $352.6 million in Q2 (up from $263.5 million prior year), with full-year guidance raised to $1.135B–$1.155B from $1.08B–$1.10B.
Exhibit 99.1 view on EDGAR → -
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Repurchased $66.0 million of common stock in Q2; $826.0 million remains available under the up to $2.0 billion authorization expiring December 2027.
Exhibit 99.1 view on EDGAR →
Summary
Twilio reported strong second quarter 2026 results with revenue of $1.50 billion, up 22% year-over-year (17% organic growth). Non-GAAP operating income rose 29% to $284.6 million, and non-GAAP diluted EPS increased to $1.47 from $1.19 in the prior-year quarter. The company generated record free cash flow of $352.6 million, up from $263.5 million a year earlier.
GAAP diluted EPS of $6.68 included a $5.91 per share non-cash tax benefit from releasing a valuation allowance on U.S. deferred tax assets. On the strength of these results, Twilio raised its full-year 2026 guidance across multiple metrics.
Organic revenue growth guidance increased to 13%–13.5% from 9.5%–10.5%, non-GAAP operating income guidance rose to $1.135 billion–$1.155 billion from $1.08 billion–$1.10 billion, and free cash flow guidance increased to the same $1.135 billion–$1.155 billion range. The company also repurchased $66.0 million of common stock during the quarter, with $826.0 million remaining under its authorization. The combination of accelerating growth and expanding profitability suggests Twilio's business model is scaling efficiently.
Section-by-Section Diff
Event · Exhibit 99.1
Added in current filing · view on EDGAR → · paraphrased
GAAP income from operations of $84.5 million, up 129% year-over-year.
Non-GAAP income from operations of $284.6 million, up 29% year-over-year.
GAAP net income per share attributable to common stockholders, diluted, of $6.68 based on 159.7 million weighted average shares outstanding, compared with GAAP net income per share attributable to common stockholders, diluted, of $0.14 based on 159.7 million weighted average shares outstanding in the second quarter of 2025.
◦GAAP net income per share attributable to common stock holders, diluted, included a non-cash benefit of $5.91 per share associated with the release of a significant portion of the valuation allowance against Twilio's U.S. deferred tax assets.
Non-GAAP net income per share attributable to common stockholders, diluted, of $1.47 based on 159.7 million non-GAAP weighted average shares outstanding, compared with non-GAAP net income per share attributable to common stockholders, diluted, of $1.19 based on 159.7 million non-GAAP weighted average shares outstanding in the second quarter of 2025.
Twilio achieved GAAP operating income of $84.5 million (up 129% year-over-year) and non-GAAP operating income of $284.6 million (up 29%). GAAP diluted EPS was $6.68, including a $5.91 per share non-cash tax benefit from releasing a valuation allowance on U.S. deferred tax assets. Non-GAAP diluted EPS was $1.47, up from $1.19 in the prior-year quarter.
Added in current filing · view on EDGAR →
Net cash provided by operating activities of $372.4 million and free cash flow of $352.6 million, compared with net cash provided by operating activities of $277.1 million and free cash flow of $263.5 million for the second quarter of 2025.
Twilio generated operating cash flow of $372.4 million and free cash flow of $352.6 million in Q2 2026, up from $277.1 million and $263.5 million respectively in the prior-year quarter. The company describes this as record free cash flow.
Added in current filing · view on EDGAR →
For fiscal year 2026, Twilio is raising its reported revenue growth range to 18% to 18.5% compared with 14% to 15% previously, and its organic revenue growth range to 13% to 13.5% year-over-year compared with 9.5% to 10.5% previously. In addition, Twilio expects full-year non-GAAP gross profit growth to be similar to its organic revenue growth range. Lastly, Twilio is raising its 2026 non-GAAP income from operations range to $1.135 billion to $1.155 billion compared to $1.08 billion to $1.10 billion previously, and raising its 2026 free cash flow range to $1.135 billion to $1.155 billion compared to $1.08 billion to $1.10 billion previously.
Twilio raised its full-year 2026 guidance across multiple metrics. Reported revenue growth guidance increased to 18% to 18.5% from 14% to 15%, organic revenue growth to 13% to 13.5% from 9.5% to 10.5%, non-GAAP operating income to $1.135 billion to $1.155 billion from $1.08 billion to $1.10 billion, and free cash flow to $1.135 billion to $1.155 billion from $1.08 billion to $1.10 billion.
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Figures/quotes linked to EDGAR · Narrative written by AI · Aug 7, 2026 · How we verify