TWILIO INC.
boothcheck covers TWILIO INC. (TWLO) but does not put one priced-in number on it: here the defensible answer is the evidence rather than a point estimate. boothcheck publishes no house fair value, target price, or buy/sell rating. Narrative composed July 11, 2026.
• Twilio sells communications APIs, the messaging, voice, and email plumbing behind apps, and it has turned the growth-at-any-cost era into a profitable one: Q1 2026 revenue grew 20% year over year to $1.4 billion with a 20% non-GAAP operating margin [Source: Q1 2026 earnings release, May 2026], while operating margin on the reported statements climbed from 3.0% to 7.6% over the last four quarters. • The load-bearing risk is valuation weight resting on a thin real profit: trailing GAAP net margi
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788 institutional managers reported holding TWLO in 13F filings for the quarter ended 2026-03-31. Together they hold about 80% of the company; the top 10 hold 42%. 77 opened new positions that quarter. Held by BlackRock, Vanguard Group, FMR (Fidelity), among others. On the short side, 5.6M shares were sold short as of the 2026-06-15 count, about 4% of shares outstanding (1.8 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
TWLO has cut its share count 12.1% over the past five years, spending $4.13B on repurchases. It pays no dividend. Cash returned over the past three years: $3.64B in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
No open-market insider buys on file at TWLO over the trailing three years. Absence is a fact about the company, not a signal. 12 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
TWLO's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-10 | -3.1% | -7.1% |
| 2023-11-10 | +1.1% | +24.4% |
| 2024-02-28 | -11.8% | +2.0% |
| 2024-05-09 | -7.4% | -4.2% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
TWLO's latest 8-K filings: 2026-08-06 (items 2.02, 9.01); 2026-06-17 (items 5.02, 5.07, 9.01); 2026-04-30 (items 2.02, 9.01); 2026-03-24 (items 5.02, 7.01, 9.01); 2026-02-12 (items 2.02, 9.01).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: July 11, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.