Twilio Q3 2022 Earnings Report
Key Takeaways
Twilio announced its third quarter 2022 results, reporting revenue of $983 million, a 33% year-over-year increase. The Dollar-Based Net Expansion Rate was 122%. The company had a GAAP loss from operations of $457 million and a non-GAAP loss from operations of $35.1 million.
Revenue was $983.0 million, up 33% year-over-year.
Organic revenue grew 32% year-over-year.
GAAP loss from operations was $457.0 million.
Dollar-Based Net Expansion Rate was 122%.
Twilio
Twilio
Forward Guidance
Twilio is initiating guidance for the fourth quarter ending December 31, 2022, with revenue between $995 million and $1,005 million, representing a year-over-year growth of 18% - 19%. Non-GAAP loss from operations is expected to be between ($15) million and ($5) million, and non-GAAP loss per share between ($0.11) and ($0.06).
Positive Outlook
- Revenue between $995 million and $1,005 million
- Year-over-year growth of 18% - 19%
- Organic year-over-year growth of 18% - 19%
- Non-GAAP loss from operations between ($15) million and ($5) million
- Non-GAAP loss per share between ($0.11) and ($0.06)