NYSE$TWLO

Twilio Inc A · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Twilio's first quarter results for 2021 showed significant revenue growth and continued expansion of its customer base.

Twilio announced strong first quarter results with revenue of $590.0 million, a 62% increase year-over-year. The company's dollar-based net expansion rate was 133%, and it had over 235,000 active customer accounts. Despite a GAAP loss from operations, non-GAAP income from operations showed positive results.

  • Revenue increased by 62% year-over-year, reaching $590.0 million.
  • Dollar-based net expansion rate was 133%.
  • Active customer accounts exceeded 235,000.
  • Non-GAAP income from operations was $17.3 million.

Headline financials

Total Revenue

$590M

Previous: $365M+61.7%
EPS (adj)

$0.05

Previous: $0.06-16.7%
Active Customer Accounts

235.0K

Previous: 190.0K+23.7%
Dollar-Based Net Expansion Rate

133.0%

Previous: 143.0%-7.0%
Capital Expenditures

-$4.99M

Previous: $6.32M-178.9%
Free Cash Flow

-$212M

Previous: $9.22M-2395.2%
Net Income

-$207M

Previous: -$94.8M-117.9%
Operating Income

-$197M

Previous: -$92.7M-112.9%
Gross Profit

$298M

Previous: $194M+54.1%
Cash & Equivalents

$2.33B

Previous: $346M+574.9%
Total Assets

$12.2B

Previous: $5.17B+137.0%
Stock-Based Comp

$137M

Previous: $69M+98.7%

Revenue & EPS history

Twilio · Revenue · Quarterly

$590M

Q1 2021+61.7%vs Q1 2020
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Forward guidance

Twilio is initiating guidance for the second quarter ending June 30, 2021. Revenue (millions)$591 - $601 and Non-GAAP loss per share($0.16) - ($0.13)

Tailwinds

  • Revenue between $591 million and $601 million
  • Year-over-year growth of 47% - 50%

Headwinds

  • Non-GAAP loss from operations between ($27) million and ($22) million
  • Non-GAAP loss per share between ($0.16) and ($0.13)

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

+1.1%

Avg return

Earnings day

+0.9%

Avg return

5 days after

+3.6%

Avg return

30 days after

46%

18 / 39 earnings

Positive

+46.6%

Q1 2020

Best reaction

-36.6%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+23.8%+29.3%+28.7%
Q4 2025+2.3%+0.2%+12.8%
Q3 2025+20.4%+16.4%+14.9%
Q1 2025+2.1%+5.8%+20.2%
Q4 2024-15.0%-17.7%-32.8%
Q3 2024+13.1%+22.7%+46.6%
Q2 2024+6.3%-0.5%+6.1%
Q1 2024-7.4%-5.1%-9.4%
Q4 2023-11.8%-15.5%-13.9%
Q3 2023+1.1%+5.5%+27.4%
Q2 2023-3.1%+0.6%+8.6%
Q1 2023-10.8%-16.4%+14.9%
Q4 2022+21.5%+17.6%+5.5%
Q3 2022-36.6%-34.0%-27.8%
Q2 2022-13.1%-16.8%-31.4%
Q1 2022+3.9%-10.3%-9.4%
Q4 2021+3.7%-1.4%-33.3%
Q3 2021-19.5%-15.1%-18.0%
Q2 2021-5.2%-6.0%-8.3%
Q1 2021-11.1%-13.8%-9.4%
Q4 2020+5.3%-2.9%-15.5%
Q3 2020-6.5%-8.9%-0.2%
Q2 2020-2.9%-13.0%-13.3%
Q1 2020+46.6%+60.1%+68.7%
Q4 2019-10.6%-4.7%-22.8%
Q3 2019-8.1%-12.5%-1.7%
Q2 2019-1.5%-11.1%-6.8%
Q1 2019-5.5%-3.8%-6.7%
Q4 2018-7.7%-7.7%+12.3%
Q3 2018+34.0%+28.5%+34.0%
Q2 2018+21.1%+25.0%+31.8%
Q1 2018+18.9%+21.5%+27.9%
Q4 2017+19.1%+28.3%+58.1%
Q3 2017-8.6%-7.0%-12.8%
Q2 2017+15.0%+7.4%+2.3%
Q1 2017-27.3%-30.3%-29.8%
Q4 2016-1.2%+0.4%-1.6%
Q3 2016-7.6%-8.0%-11.0%
Q2 2016+3.7%+28.4%+36.5%
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro