Loading...
•
Jun 30, 2022
Twilio Q2 2022 Earnings Report
Second quarter revenue increased, driven by growth in active customer accounts and dollar-based net expansion rate, but GAAP loss from operations widened.
Key Takeaways
Twilio announced strong second-quarter results with revenue of $943.4 million, a 41% year-over-year increase. The company's active customer accounts reached over 275,000, and the dollar-based net expansion rate was 123%. However, the GAAP loss from operations increased to $311.9 million.
Revenue reached $943.4 million, up 41% year-over-year.
Organic revenue grew 33% year-over-year.
GAAP loss from operations was $311.9 million.
Dollar-Based Net Expansion Rate was 123%.
Twilio
Twilio
Forward Guidance
Twilio is initiating guidance for the third quarter ending September 30, 2022, with revenue expected to be between $965 million and $975 million, representing a year-over-year growth of 30% to 32%.
Positive Outlook
- Revenue (millions): $965 - $975
- Y/Y Growth: 30% - 32%
- Organic Y/Y Growth : 29% - 30%
Challenges Ahead
- Non-GAAP loss from operations (millions): ($70) - ($60)
- Non-GAAP loss per share: ($0.43) - ($0.37)
- Non-GAAP basic shares outstanding (millions): 183