"In Q1, we continued to see unprecedented demand for voice reimagined through the lens of AI, which is increasingly an entry point to the Twilio platform."
"Non-GAAP earnings per share of $1.50 cleared the consensus estimate of $1.27 by approximately 18%, and revenue of $1.41 billion exceeded the $1.34 billion consensus by 5.2%."
"The dollar-based net expansion rate improved to 114%, up from 107% a year earlier, indicating customers are expanding their use of the platform rather than churning."
Twilio reported Q1 revenue of $1.41 billion, a 20% year-on-year increase, marking its fastest organic growth since 2022. The company raised its full-year 2026 revenue growth forecast to 14-15%. CEO Jeff Lawson noted that AI-driven demand for voice and messaging significantly contributed to this growth. Voice revenue also grew 20%, with software add-ons seeing over 100% growth. Non-GAAP earnings per share of $1.50 surpassed estimates, and free cash flow reached $132.3 million, indicating strong customer retention and expansion.
Read at TNW | Finance
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