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Held by 776 of 5,944 reporting institutions (98th percentile) — extremely crowded.
Data as of Q1 2026
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Solve the discounted cash flow backwards, then stress-test the assumptions.
This company doesn't have positive free cash flow, so a reverse DCF can't be run.
Is the value real, and is the business safe? Academic scores + earnings quality + solvency, from SEC filings.
Safe > 2.99 · grey 1.81–2.99 · distress < 1.81
Needs granular two-year detail (receivables, PP&E, D&A, SG&A) — not fully reported.
Cash-conversion data unavailable. Lower/negative accruals = higher quality (Sloan).
Coverage data unavailable; leverage falling year-over-year.
F-Score (0–9 fundamental momentum), Altman Z (distress risk), and Beneish M (earnings-manipulation screen) are academic models computed from the SEC filings. Screens and context — educational, not recommendations.
What the company returns to shareholders — and whether it's covered by cash.
No dividend to cover. Last year: $0 dividends + $869M buybacks = $869M returned.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
How management deployed cash over 10 years — and what it earned on reinvestment.
A cash-return story — far more went to shareholders than back into the business (mature, low-reinvestment).
Reinvestment has been productive — operating income grew well per dollar put in. Current ROIC on all capital: 0%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 10 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
How much the company owes, how it's trended, and how comfortably it's serviced.
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Interest expense isn't separately reported — often netted into “other income (expense), net.”
Cash vs short-term debt unavailable.
Mostly long-term debt (balance-sheet current vs non-current split). A year-by-year maturity schedule wasn't disclosed for this issuer.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Educational — not a recommendation.
EOD close · as of 2026-09-17
No material risks flagged.
Where each multiple sits in its own 10-yr range · 55th pct blended
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 10-yr history.
Is the profit real, and how strong is the balance sheet?
FY2025 · every deduction from revenue to net income
DuPont — the three levers
Watch the leverage lever — a chunk of ROE comes from the balance sheet.
What the company owes vs. what it holds
Year-by-year maturities aren't in SEC companyfacts (footnote-only), so this shows the debt/cash structure and net leverage instead.
Latest year: profit growth vs revenue growth
Profit and sales moved in opposite directions this year.
Each line as % of revenue — the trend in color
| % of revenue | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Cost of Revenue | 46.3 | 46.3 | 48.0 | 51.1 | 52.6 | 50.8 | 48.9 | 51.1 |
| Gross Profit | 53.7 | 53.7 | 52.0 | 48.9 | 47.4 | 49.2 | 51.1 | 48.9 |
| R&D | 26.4 | 34.5 | 30.1 | 27.8 | 28.2 | 22.7 | 22.6 | 20.1 |
| SG&A | 18.1 | 19.2 | 17.6 | 16.6 | 13.5 | 11.3 | 10.1 | 8.1 |
| Operating Income | -17.7 | -32.6 | -28.0 | -32.2 | -31.5 | -21.1 | -1.2 | 3.1 |
| Income Tax | 0.1 | -4.9 | -0.8 | -0.4 | 0.3 | 0.5 | 0.5 | 0.4 |
| Net Income | -18.8 | -27.1 | -27.9 | -33.4 | -32.8 | -24.4 | -2.4 | 0.7 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on TWLO: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.
EOD close · as of 2026-09-17
How a revenue dollar becomes profit — FY2025
Each value shows its share of revenue below it (common-size).
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.07B 100.0% | $4.46B 100.0% | $4.15B 100.0% | $3.83B 100.0% | $2.84B 100.0% | $1.76B 100.0% | $1.13B 100.0% | $650.1M 100.0% | $399.0M 100.0% | $277.3M 100.0% |
| Cost of Revenue | $2.59B 51.1% | $2.18B 48.9% | $2.11B 50.8% | $2.01B 52.6% | $1.45B 51.1% | $846.1M 48.0% | $525.6M 46.3% | $300.8M 46.3% | $182.9M 45.8% | $120.5M 43.5% |
| Gross Profit | $2.48B 48.9% | $2.28B 51.1% | $2.04B 49.2% | $1.81B 47.4% | $1.39B 48.9% | $915.7M 52.0% | $608.9M 53.7% | $349.2M 53.7% | $216.1M 54.2% | $156.8M 56.5% |
| Research & Development | $1.02B 20.1% | $1.01B 22.6% | $942.8M 22.7% | $1.08B 28.2% | $789.2M 27.8% | $530.5M 30.1% | $391.4M 34.5% | $171.4M 26.4% | $120.7M 30.3% | $77.9M 28.1% |
| Selling, General & Admin | $410.7M 8.1% | $449.1M 10.1% | $468.5M 11.3% | $517.4M 13.5% | $472.5M 16.6% | $310.6M 17.6% | $218.3M 19.2% | $117.5M 18.1% | $60.8M 15.2% | $51.1M 18.4% |
| Total Operating Expenses | $2.32B 45.8% | $2.33B 52.3% | $2.92B 70.3% | $3.02B 78.9% | $2.31B 81.2% | $1.41B 80.0% | $978.7M 86.3% | $464.5M 71.4% | $282.2M 70.7% | $198.1M 71.4% |
| Operating Income | $157.8M 3.1% | -$53.7M -1.2% | -$876.5M -21.1% | -$1.21B -31.5% | -$915.6M -32.2% | -$492.9M -28.0% | -$369.8M -32.6% | -$115.2M -17.7% | -$66.1M -16.6% | -$41.3M -14.9% |
| Interest & Investment Income | $70.6M 1.4% | $90.2M 2.0% | $77.7M 1.9% | $64.6M 1.7% | $55.7M 2.0% | $32.4M 1.8% | $20.8M 1.8% | $3.0M 0.5% | $2.6M 0.7% | — |
| Other Income (Expense), net | -$102.7M -2.0% | -$34.9M -0.8% | -$120.2M -2.9% | -$38.3M -1.0% | -$45.3M -1.6% | -$11.5M -0.7% | $7.6M 0.7% | -$5.9M -0.9% | $3.1M 0.8% | $317K 0.1% |
| Pretax Income | $55.1M 1.1% | -$88.6M -2.0% | -$996.7M -24.0% | -$1.24B -32.5% | -$960.9M -33.8% | -$504.4M -28.6% | -$362.2M -31.9% | -$121.2M -18.6% | -$63.0M -15.8% | -$41.0M -14.8% |
| Income Tax Expense | $21.3M 0.4% | $20.8M 0.5% | $18.7M 0.5% | $12.5M 0.3% | -$11.0M -0.4% | -$13.4M -0.8% | -$55.2M -4.9% | $791K 0.1% | $705K 0.2% | $326K 0.1% |
| Net Income | $34.0M 0.7% | -$109.0M -2.4% | -$1.01B -24.4% | -$1.26B -32.8% | -$950.0M -33.4% | -$491.0M -27.9% | -$307.1M -27.1% | -$121.9M -18.8% | -$63.7M -16.0% | -$41.3M -14.9% |
| Per Share | ||||||||||
| EPS (Basic) | $0.22 | $-0.66 | $-5.54 | $-6.86 | $-5.45 | $-3.35 | $-2.36 | — | — | — |
| EPS (Diluted) | $0.21 | $-0.66 | $-5.54 | $-6.86 | $-5.45 | $-3.35 | $-2.36 | — | — | — |
| Weighted Avg Shares (Basic) | 153.0M | 165.9M | 183.3M | 183.0M | 174.2M | 146.7M | 130.1M | — | — | — |
| Weighted Avg Shares (Diluted) | 159.8M | 165.9M | 183.3M | 183.0M | 174.2M | 146.7M | 130.1M | — | — | — |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
Total shares institutions bought (green) vs sold (red) each quarter across all holders.
Inferred from quarter-over-quarter change in each fund's 13F position (new stakes count as buys, exits as sells). Not tick-level trades.
Top 40 institutional holders — bubble size is position value, color is the move since last quarter. Hover any holder for detail.
Drag any bubble to rearrange · size = dollar value of the position
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.
Ranked against 192 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-03-31.
Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.
| Company | Mkt cap ▼ | P/E | EV/EBITDA | P/S | Rev gr | Gross | Net | ROE | ROIC | Net D/EBITDA | 13F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| GOOG | $4.10T | 31.4× | 27.4× | 10.2× | 15.1% | 59.7% | 32.8% | 31.8% | 28.5% | 0.3× | 4,874 |
| META | $1.70T | 28.7× | 16.9× | 8.4× | 22.2% | 82.0% | 30.1% | 27.8% | 21.9% | 0.6× | 4,839 |
| AMX | $1.40T | — | — | — | — | — | — | — | — | — | 318 |
| CHT | $350.5B | — | — | — | — | — | — | — | — | — | 206 |
| NFLX | $322.6B | 30.2× | 24.0× | 7.1× | 15.9% | 48.5% | 24.3% | 41.3% | 26.7% | 1.1× | 3,458 |
| CCZ | $239.2B | 12.0× | 6.4× | 1.9× | -0.0% | — | 16.2% | 20.6% | 19.4% | 0.2× | 1 |
| VZ | $210.3B | 12.3× | 4.3× | 1.5× | 2.5% | — | 12.4% | 16.2% | 16.2% | 0.0× | 3,122 |
| DIS | $203.3B | 15.6× | 10.5× | 2.1× | 3.4% | — | 13.1% | 11.3% | 8.2% | 1.8× | 2,883 |
| TMUS | $195.1B | 18.1× | 8.7× | 2.2× | 8.5% | — | 12.4% | 18.6% | 7.6% | 2.7× | 1,648 |
| T | $185.4B | 8.5× | 6.9× | 1.5× | 2.7% | — | 17.5% | 17.4% | 8.1% | 3.2× | 2,848 |
| VEON | $126.7B | — | — | — | — | — | — | — | — | — | 97 |
| DASH | $84.0B | 92.4× | 54.2× | 6.1× | 27.9% | — | 6.8% | 9.3% | 9.3% | — | 973 |
| WBD | $69.6B | 96.8× | 15.2× | 1.9× | -5.1% | — | 1.9% | 2.0% | 1.1% | 5.1× | 1,259 |
| EA | $52.6B | 59.7× | 36.1× | 7.0× | 0.9% | 79.0% | 11.8% | 13.1% | 13.1% | — | 998 |
| LYV | $40.3B | — | 25.5× | 1.6× | 8.8% | — | 2.0% | 183% | 5.9% | 5.0× | 779 |
| TTWO | $39.3B | — | 426.8× | 5.9× | 18.2% | 57.2% | -4.5% | -8.5% | -4.9% | 26.7× | 1,011 |
| TWLO | $36.4B | 1137.5× | 103.9× | 7.2× | 13.7% | 48.9% | 0.7% | 0.4% | 0.4% | 2.8× | 776 |
| RDDT | $29.4B | 60.1× | 62.1× | 13.3× | 69.4% | 91.2% | 24.1% | 18.1% | 18.1% | — | 765 |
| FOX | $27.3B | 12.1× | — | 1.7× | 16.6% | — | 14.1% | 19.2% | 12.4% | — | 505 |
| OMC | $24.8B | — | 57.9× | 1.4× | 10.1% | 8.5% | -0.3% | -0.5% | -0.3% | 15.8× | 1,083 |
| ROKU | $22.9B | 262.9× | 534.0× | 4.8× | 15.2% | 43.8% | 1.9% | 3.3% | 3.3% | — | 665 |
| FWONA | $21.9B | — | 40.0× | 4.9× | 22.7% | — | 12.4% | 7.2% | 4.3% | 7.9× | 283 |
| NWS | $19.0B | 16.1× | — | 2.3× | 2.4% | — | 14.0% | 13.4% | 11.0% | — | 304 |
| CHTR | $18.2B | 3.7× | 5.4× | 0.3× | -0.6% | — | 9.1% | 31.1% | 4.5% | 4.5× | 760 |
| TKO | $15.6B | 85.2× | 14.0× | 3.3× | -3.1% | — | 4.1% | 5.2% | 2.6% | 2.9× | 616 |
Peers = companies sharing TWLO's sector (Communication Services) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.