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Dec 31, 2020

Twilio Q4 2020 Earnings Report

Reported revenue increased by 65% year-over-year, driven by strong demand and the acquisition of Segment.

Key Takeaways

Twilio announced strong Q4 2020 results, with revenue of $548.1 million, up 65% year-over-year. The company's dollar-based net expansion rate was 139%. Twilio is building the leading customer engagement platform.

Revenue reached $548.1 million, a 65% increase year-over-year.

Dollar-Based Net Expansion Rate was 139%.

GAAP loss from operations was $185.3 million.

Active Customer Accounts exceeded 221,000.

Total Revenue
$548M
Previous year: $331M
+65.5%
EPS
$0.04
Previous year: $0.04
+0.0%
Active Customer Accounts
221K
Previous year: 179K
+23.5%
Gross Profit
$282M
Previous year: $175M
+61.5%
Cash and Equivalents
$934M
Previous year: $254M
+268.1%
Free Cash Flow
$8.35M
Previous year: -$14.4M
-158.2%
Total Assets
$9.49B
Previous year: $5.15B
+84.2%

Twilio

Twilio

Forward Guidance

Twilio is initiating guidance for the first quarter ending March 31, 2021. This guidance includes the revenue contribution from Twilio Segment.

Positive Outlook

  • Revenue (millions): $526 - $536
  • Y/Y Growth: 44% - 47%

Challenges Ahead

  • Non-GAAP loss from operations (millions): ($20) - ($15)
  • Non-GAAP loss per share: ($0.12) - ($0.09)
  • Non-GAAP basic shares outstanding (millions): 166