Twilio Inc (TWLO)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -109,403 | -1,015,440 | -1,256,140 | -949,900 | -490,979 |
| Revenue | US$ in thousands | 4,458,040 | 4,153,940 | 3,826,320 | 2,841,840 | 1,761,780 |
| Net profit margin | -2.45% | -24.45% | -32.83% | -33.43% | -27.87% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-109,403K ÷ $4,458,040K
= -2.45%
The net profit margin of Twilio Inc. has demonstrated a visible trend of improvement over the period from December 31, 2020, to December 31, 2024. Specifically, the margin was recorded at -27.87% at the end of 2020, indicating the company was incurring significant losses relative to its revenue. In 2021, this negative margin widened further to -33.43%, suggesting an increased level of loss relative to revenues during that year. In 2022, the net profit margin slightly improved to -32.83%, though it remained at a substantially negative level, signifying persistent losses with marginal alleviation.
A notable turnaround began emerging in 2023, with the net profit margin decreasing in negativity to -24.45%, reflecting an improvement in the company's profitability position. This positive trajectory continued into 2024, where the net profit margin significantly narrowed to -2.45%, approaching breakeven territory. The gradual narrowing of the negative margin indicates that Twilio has been making considerable progress in reducing its losses over this period, approaching a potential shift toward profitability or at least a markedly lower level of unprofitability.
Peer comparison
Dec 31, 2024