← TWILIO INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ($41.3m) | ($63.7m) | ($121.9m) | ($307.1m) | ($491.0m) | ($949.9m) | ($1.3b) | ($1.0b) | ($109.4m) | $33.8m | — | |
| Depreciation, Depletion and Amortization | $8.3m | $18.8m | $26.1m | $110.4m | $149.7m | $258.4m | $279.1m | $284.4m | $206.0m | $195.4m | $159.7m | |
| Amortization of Debt Issuance Costs | — | — | $1.1m | $23.7m | $23.8m | $5.8m | — | — | — | — | — | |
| Amortization of Intangible Assets | $900k | $5.7m | $7.2m | $72.9m | $98.6m | $198.8m | $206.4m | $192.5m | $112.0m | $108.3m | — | |
| Capitalized Computer Software, Amortization | $5.5m | $8.4m | $13.0m | $17.1m | $18.0m | — | — | — | — | — | — | |
| Depreciation | $7.4m | $13.1m | $18.9m | $37.5m | $51.1m | $59.6m | $71.7m | $89.9m | $91.9m | $85.1m | $159.7m | |
| Amortization Of Securities | — | — | — | — | — | — | $33.2m | ($44k) | ($22.9m) | ($14.1m) | ($10.0m) | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $279.1m | $284.4m | $206.0m | $195.4m | $159.7m | |
| Deferred Income Tax Expense (Benefit) | $29k | ($295k) | ($229k) | ($58.0m) | ($18.9m) | ($19.8m) | ($13.0m) | ($16.7m) | ($2.0m) | ($1.3m) | — | |
| Share-based Payment Arrangement, Noncash Expense | $24.2m | $49.6m | $93.3m | $264.3m | $360.9m | $632.3m | $798.6m | $675.9m | $616.6m | $600.4m | $590.3m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $678k | $2.7m | $5.4m | $8.8m | $10.4m | $1.1m | $2.6m | $2.0m | $213k | — | |
| Share-based Payment Arrangement, Expense | $24.2m | $49.6m | $93.3m | $264.3m | $361.9m | $632.3m | $798.6m | — | — | — | $590.3m | |
| Equity Method Investment, Other than Temporary Impairment | — | — | — | — | — | — | — | $0 | $0 | $80.6m | — | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | — | $0 | $46.2m | $8.2m | $0 | — | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | — | $0 | $115.2m | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | $0 | — | — | — | — | $0 | — | — | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | — | — | — | — | $285.7m | — | — | — | |
| Operating Lease, Impairment Loss | — | — | — | — | — | $8.9m | $72.8m | $24.8m | — | — | — | |
| Asset Impairment Charge | — | — | — | — | — | — | $97.7m | $366.7m | $8.2m | $82.5m | $115.2m | |
| Income (Loss) from Equity Method Investments | — | — | — | — | — | — | ($35.3m) | ($121.9m) | ($108.5m) | ($101.2m) | — | |
| Nonoperating Income (Expense) | — | — | — | — | — | — | ($38.3m) | ($120.2m) | ($34.9m) | ($102.7m) | — | |
| Other Nonoperating Income (Expense) | $317k | $3.1m | ($5.9m) | $7.6m | ($11.5m) | ($45.3m) | ($3.0m) | $47.9m | $81.8m | $79.1m | — | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | — | $35.3m | $121.9m | $108.5m | $101.2m | $108.1m | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($396.6m) | ($230.6m) | ($234.1m) | ($113.9m) | ($229.0m) | |
| Increase (Decrease) in Accounts Receivable | $8.3m | $15.3m | $58.2m | $51.4m | $81.3m | $117.9m | $194.7m | $85.1m | $61.2m | $55.1m | ($185.6m) | |
| Accounts Receivable, Credit Loss Expense (Reversal) | $1.1m | $580k | $4.1m | — | $13.2m | — | $35.0m | $51.9m | $35.4m | $8.2m | ($185.6m) | |
| Change In Receivables | — | — | — | — | — | — | ($194.7m) | ($85.1m) | ($61.2m) | ($55.1m) | ($185.6m) | |
| Changes In Account Receivables | — | — | — | — | — | — | ($194.7m) | ($85.1m) | ($61.2m) | ($55.1m) | ($185.6m) | |
| Increase (Decrease) in Accounts Payable | $1.7m | $5.4m | $7.0m | $17.3m | $10.1m | $10.2m | $30.3m | $12.4m | ($20.3m) | ($15.0m) | ($5.1m) | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $105.8m | ($39.4m) | $67.2m | $87.7m | ($5.1m) | |
| Purchases of property and equipment, accrued but unpaid | $14.2m | $9.2m | $4.7m | — | $25.8m | $46.0m | — | — | — | — | ($72.1m) | |
| Change In Accrued Expense | — | — | — | — | — | — | $75.4m | ($51.8m) | $87.4m | $102.7m | $89.9m | |
| Change In Other Current Assets | — | — | — | — | — | — | ($146.5m) | ($2.3m) | ($47.1m) | ($122.2m) | ($73.1m) | |
| Change In Other Current Liabilities | — | — | — | — | — | — | ($64.3m) | ($52.9m) | ($50.8m) | ($36.9m) | ($38.9m) | |
| Net Cash Provided by (Used in) Operating Activities | $10.1m |
($3.3m)
-132.31%
|
$8.0m
+344.88%
|
$14.0m
+75.97%
|
$32.7m
+132.45%
|
($58.2m)
-278.21%
|
($254.4m)
-337.12%
|
$414.8m
+263.05%
|
$716.2m
+72.69%
|
$1.0b
+40.07%
|
$1.1b
+5.73%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $14.2m | $9.2m | $4.7m | — | $25.8m | $46.0m | ($80.2m) | ($51.2m) | ($58.8m) | ($57.8m) | ($72.1m) | |
| Capital Expenditure Reported | — | — | — | — | — | — | ($45.8m) | ($39.9m) | ($51.8m) | ($52.0m) | ($72.1m) | |
| Payments to Acquire Investments | — | — | — | $2.0b | $1.6b | $3.5b | $1.9b | $2.0b | $923.9m | $1.1b | ($1.1b) | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | — | $115.9m | $195.5m | $697.2m | $1.2b | $1.6b | $1.4b | $2.2b | $2.4b | $1.3b | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | $8.5m | $22.6m | $30.6m | ($122.7m) | $333.6m | $491.5m | $37.4m | $5.8m | $0 | $61.5m | ($62.2m) | |
| Net Cash Provided by (Used in) Investing Activities | ($42.4m) | ($223.6m) | ($139.4m) | ($1.3b) | ($845.9m) | ($2.5b) | ($616.5m) | $228.6m | $1.4b | $80.9m | ($396.4m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | ($12.9m) | ($29.0m) | $0 | $0 | — | — | — | |
| Issuance Of Debt | — | — | — | — | — | $984.7m | $0 | $0 | — | — | — | |
| Long Term Debt Issuance | — | — | — | — | — | $984.7m | $0 | $0 | — | — | — | |
| Long Term Debt Payments | — | — | — | — | — | — | ($13.4m) | ($16.1m) | ($12.6m) | ($5.3m) | ($1.2m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($13.4m) | ($16.1m) | ($12.6m) | ($5.3m) | ($1.2m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($13.4m) | ($16.1m) | ($12.6m) | ($5.3m) | ($1.2m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($13.4m) | ($16.1m) | ($12.6m) | ($5.3m) | ($1.2m) | |
| Payments for Repurchase of Common Stock | — | — | — | $0 | — | — | — | $668.8m | $2.3b | $868.9m | — | |
| Proceeds from Issuance of Common Stock | $65.3m | $11.9m | $10.1m | $57.5m | $104.8m | $136.2m | $59.6m | $43.8m | $37.4m | $41.4m | — | |
| Common Stock Issuance | — | — | — | — | — | $1.8b | $0 | $0 | — | — | — | |
| Common Stock Payments | — | — | — | — | — | — | $0 | ($668.8m) | ($2.3b) | ($868.9m) | ($868.7m) | |
| Issuance Of Capital Stock | — | — | — | — | — | $1.8b | $0 | $0 | — | — | — | |
| Net Common Stock Issuance | — | — | — | — | — | — | $0 | ($668.8m) | ($2.3b) | ($868.9m) | ($868.7m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | $0 | ($668.8m) | ($2.3b) | ($868.9m) | ($868.7m) | |
| Net Other Financing Charges | — | — | — | — | — | — | ($1.1m) | ($2.6m) | ($2.0m) | ($213k) | ($118k) | |
| Net Cash Provided by (Used in) Financing Activities | $229.2m |
$36.4m
-84.10%
|
$515.8m
+1315.65%
|
$1.0b
+97.77%
|
$1.5b
+46.38%
|
$3.1b
+107.35%
|
$45.0m
-98.55%
|
($643.6m)
-1530.02%
|
($2.3b)
-259.16%
|
($833.1m)
+63.96%
|
($821.8m)
+1.35%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | $74k | $384.5m | ($251.6m) | $680.1m | $547.9m | ($825.8m) | ($147k) | ($224.5m) | $251.1m | $823.3m | |
| Beginning Cash Position | — | — | — | — | — | — | $1.5b | $656.1m | $655.9m | $431.4m | $980.7m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $74k | $505.3m | $253.7m | $933.9m | $1.5b | $656.1m | $655.9m | $431.4m | $682.5m | $823.3m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $74k | $163k | $0 | $40k | ($191k) | $60k | $108k | $0 | $0 | $0 | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | $60k | $108k | $0 | $0 | $0 | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Proceeds from Stock Options Exercised | — | $11.9m | $29.8m | $57.5m | $104.8m | $136.2m | $59.6m | $43.8m | $37.4m | $41.4m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $0 | $741k | $2.3m | $2.1m | $20.6m | $37.5m | $38.4m | $37.9m | $37.6m | — | |
| Income Taxes Paid, Net | $225k | $605k | $564k | $1.4m | $3.1m | $6.1m | $7.4m | $37.8m | $36.5m | $17.7m | — | |
| Noncash investing and financing activities: | ||||||||||||
| Additional Financial Items | ||||||||||||
| Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | — | — | — | — | — | — | — | ($32.3m) | $0 | $0 | — | |
| Equity Securities, FV-NI, Gain (Loss) | — | — | — | — | — | — | — | ($8.0m) | ($1.7m) | $1.0m | — | |
| General and Administrative Expense | $51.1m | $59.6m | $110.4m | $218.3m | $310.6m | $472.5m | $517.4m | $468.5m | $449.1m | $410.7m | — | |
| Goodwill | $3.6m | $17.9m | $38.2m | $2.3b | $4.6b | $5.3b | $5.3b | $5.2b | $5.2b | $5.3b | $115.2m | |
| Income Tax Expense (Benefit) | $326k | $705k | $791k | ($55.2m) | ($13.4m) | ($11.0m) | $12.5m | $18.7m | $20.8m | $21.3m | — | |
| Investment Income, Interest | — | $2.6m | $3.0m | $20.8m | $32.4m | $55.7m | $64.6m | $77.7m | $90.2m | $70.6m | — | |
| Operating Expenses | $198.1m | $282.2m | $464.5m | $978.7m | $1.4b | $2.3b | $3.0b | $2.9b | $2.3b | $2.3b | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $45.0m | ($643.6m) | ($2.3b) | ($833.1m) | ($821.8m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($616.5m) | $228.6m | $1.4b | $80.9m | ($396.4m) | |
| Change In Account Payable | — | — | — | — | — | — | $30.3m | $12.4m | ($20.3m) | ($15.0m) | ($5.1m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($825.8m) | ($147k) | ($224.5m) | $251.1m | — | |
| Change In Other Working Capital | — | — | — | — | — | — | ($2.7m) | $5.4m | $11.2m | $2.0m | ($43.6m) | |
| Change In Payable | — | — | — | — | — | — | $30.3m | $12.4m | ($20.3m) | ($15.0m) | ($5.1m) | |
| Change In Prepaid Assets | — | — | — | — | — | — | ($94.3m) | ($56.3m) | ($153.5m) | $10.6m | $27.4m | |
| Changes In Cash | — | — | — | — | — | — | ($825.8m) | ($255k) | ($224.5m) | $251.1m | ($157.5m) | |
| End Cash Position | — | — | — | — | — | — | $656.1m | $655.9m | $431.4m | $682.5m | $823.3m | |
| Financing Cash Flow | — | — | — | — | — | — | $45.0m |
($643.6m)
-1530.02%
|
($2.3b)
-259.16%
|
($833.1m)
+63.96%
|
($821.8m)
+1.35%
|
|
| Free Cash Flow | — | — | — | — | — | — | ($334.6m) | $363.5m | $657.5m | $945.4m | $988.6m | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | — | $8.0m | $1.7m | ($1.0m) | ($1.0m) | |
| Investing Cash Flow | — | — | — | — | — | — | ($616.5m) | $228.6m | $1.4b | $80.9m | ($396.4m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($37.4m) | $32.4m | $0 | ($61.5m) | ($62.2m) | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | ($498.9m) | $247.4m | $1.4b | $200.3m | ($262.1m) | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($34.4m) | ($11.3m) | ($7.0m) | ($5.8m) | ($10.9m) | |
| Operating Gains Losses | — | — | — | — | — | — | $35.3m | $162.2m | $110.2m | $100.2m | $107.1m | |
| Other Non Cash Items | — | — | — | — | — | — | $119.5m | $119.9m | $106.4m | $110.7m | — | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | $59.6m | $43.8m | $37.4m | $41.4m | $48.2m | |
| Provisionand Write Offof Assets | — | — | — | — | — | — | $35.0m | $51.9m | $35.4m | $8.2m | $15.3m | |
| Purchase Of Business | — | — | — | — | — | — | ($37.4m) | ($5.8m) | $0 | ($61.5m) | ($62.2m) | |
| Purchase Of Investment | — | — | — | — | — | — | ($1.9b) | ($2.0b) | ($923.9m) | ($1.1b) | ($1.1b) | |
| Purchase Of PPE | $14.2m | $9.2m | $4.7m | $45.4m | $25.8m | $46.0m | ($34.4m) | ($11.3m) | ($7.0m) | ($5.8m) | ($72.1m) | |
| Sale Of Business | — | — | — | — | — | — | $0 | $38.2m | $0 | $0 | $0 | |
| Sale Of Investment | — | — | — | — | — | — | $1.4b | $2.2b | $2.4b | $1.3b | $871.4m | |
| Stock Based Compensation | — | — | — | — | — | — | $798.6m | $675.9m | $616.6m | $600.4m | $590.3m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.