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Twilio 8-K Report, Financial Results (Aug 6, 2026)

Reports
Earnings & Results·Exhibits & Filings
Filing Date
Filed August 6, 2026
Period End
August 6, 2026
Security
TWLO
In the record · 2016–202610-K1110-Q328-K108

TWLO filed 11 annual reports (10-K), 32 quarterly reports (10-Q) and 108 current reports (8-K) between 2016 and 2026.

  1. Deal closed8-K · Feb ’19Feb ’19
  2. Material agreement8-K · Oct ’20Oct ’20
  3. Leadership change8-K · Dec ’22Dec ’22
  4. Leadership change8-K · Dec ’24Dec ’24

01—Abstract

Summary

Summary of the 8-K filed August 6, 2026. Cited figures are marked; the original filing is the authoritative source.

Twilio Inc. (NYSE: TWLO) reported second quarter 2026 results for the quarter ended June 30, 2026, in a press release furnished as Exhibit 99.1.

Revenue was $1.50 billiona, up 22% year-over-year and up 17% on an organic basis. GAAP income from operations was $84.5 million, up 129% year-over-year, while non-GAAP income from operations was $284.6 million, up 29%. GAAP diluted net income per share was $6.68, which included a non-cash benefit of $5.91 per share from the release of a significant portion of the valuation allowance against U.S. deferred tax assets.

Non-GAAP diluted EPS was $1.47b, compared with $1.19 in the second quarter of 2025. Cash generation was strong, with net cash provided by operating activities of $372.4 million and free cash flow of $352.6 million. Dollar-Based Net Expansion Rate was 116%, compared with 108% a year earlier.

During the quarter Twilio repurchased $66.0 millionc of Class A common stock, and $826.0 million remained available under its $2.0 billion repurchase authorization as of June 30, 2026. For the third quarter of 2026, Twilio guided to revenue of $1.505 to $1.515 billion (16% to 16.5% reported growth; 11% to 12% organic growth) and non-GAAP income from operations of $285 to $295 million. Full-year 2026 guidance was raised: reported revenue growth to 18% to 18.5% (from 14% to 15%), organic revenue growth to 13% to 13.5% (from 9.5% to 10.5%), and non-GAAP income from operations and free cash flow each to $1.135 to $1.155 billion (from $1.08 to $1.10 billion).

02—Key points

Key Highlights

  1. Q2 2026 revenue of $1.50 billion, up 22% year-over-year reported and 17% organic.
  2. GAAP income from operations of $84.5 million, up 129% year-over-year; non-GAAP income from operations of $284.6 million, up 29%.
  3. GAAP diluted EPS of $6.68 includes a non-cash $5.91 per share benefit from releasing most of the valuation allowance on U.S. deferred tax assets; non-GAAP diluted EPS was $1.47 versus $1.19 a year earlier.
  4. Free cash flow of $352.6 million and operating cash flow of $372.4 million, both up from the second quarter of 2025.
  5. Dollar-Based Net Expansion Rate of 116%, up from 108% in the second quarter of 2025.
  6. FY2026 guidance raised: reported revenue growth to 18% to 18.5%, organic growth to 13% to 13.5%, and non-GAAP operating income and free cash flow to $1.135 to $1.155 billion each.
  7. Q3 2026 guidance initiated: revenue of $1.505 to $1.515 billion and non-GAAP diluted EPS of $1.42 to $1.47; $66.0 million of stock repurchased in the quarter with $826.0 million of authorization remaining.

03—Questions

Frequently Asked Questions

  1. Why is GAAP net income so much higher than operating income this quarter?

    GAAP net income attributable to common stockholders was $1.07 billion, driven by a tax benefit of $991.7 million, which reflects the release of a significant portion of the valuation allowance against U.S. deferred tax assets. This is a non-cash item, and the filing's non-GAAP reconciliation removes a $1.06 billion income tax effect to arrive at non-GAAP net income of $234.3 million.

  2. How strong is Twilio's organic growth outlook for the rest of 2026?

    The company guided third-quarter organic revenue growth to 11% to 12%, below the 17% organic growth reported in the second quarter. For the full year, it raised its organic growth outlook to 13% to 13.5%, from 9.5% to 10.5% previously.

  3. What drove the increase in profitability and cash flow?

    GAAP gross profit rose 20% year-over-year to $725.9 million, and GAAP income from operations rose to $84.5 million from $37.0 million. Operating cash flow was $372.4 million and free cash flow was $352.6 million, compared with $277.1 million and $263.5 million a year earlier.

  4. What is the status of the share repurchase program?

    Under the program authorized in January 2025 for up to $2.0 billion, Twilio repurchased $66.0 million of Class A common stock in the second quarter. Approximately $1.2 billion has been repurchased to date, leaving $826.0 million available as of June 30, 2026. The program expires December 31, 2027.

04—Continue

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