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Net Loss Per Share Attributable to Common Stockholders
9 Months Ended
Sep. 30, 2023
Earnings Per Share [Abstract]  
Net Loss Per Share Attributable to Common Stockholders Net Loss Per Share Attributable to Common Stockholders
The following table sets forth the calculation of basic and diluted net loss per share attributable to common stockholders during the periods presented:
Three Months Ended
September 30,
Nine Months Ended
September 30,
2023202220232022
Net loss attributable to common stockholders (in thousands)$(141,707)$(482,327)$(650,033)$(1,026,723)
Weighted-average shares used to compute net loss per share attributable to
     common stockholders, basic and diluted
181,749,309 183,692,564 183,854,526 182,319,735 
Net loss per share attributable to common stockholders, basic and diluted$(0.78)$(2.63)$(3.54)$(5.63)
The following outstanding shares of common stock equivalents were excluded from the calculation of the diluted net loss per share attributable to common stockholders because their effect would have been anti-dilutive:
As of September 30,
20232022
Stock options issued and outstanding1,778,852 2,488,072 
Unvested restricted stock units issued and outstanding20,263,588 14,970,869 
Shares of Class A common stock reserved for Twilio.org464,143 552,551 
Shares of Class A common stock committed under ESPP350,270 191,558 
Shares of Class A common stock in escrow31,503 31,503 
Shares of Class A common stock in escrow and restricted stock awards subject to future vesting3,771 56,237 
Total22,892,127 18,290,790