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Net Loss Per Share Attributable to Common Stockholders
12 Months Ended
Dec. 31, 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:
Year Ended December 31,
202320222021
Net loss attributable to common stockholders (in thousands)$(1,015,441)$(1,256,145)$(949,900)
Weighted-average shares used to compute net loss per share attributable to
     common stockholders, basic and diluted
183,327,844 182,994,038 174,180,465 
Net loss per share attributable to common stockholders, basic and diluted$(5.54)$(6.86)$(5.45)
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 December 31,
202320222021
Stock options issued and outstanding1,722,861 2,277,379 3,351,313 
Unvested restricted stock units issued and outstanding18,755,538 15,414,997 6,475,700 
Shares of Class A common stock reserved for Twilio.org442,041 530,449 618,857 
Shares of Class A common stock committed under ESPP426,199 766,334 147,947 
Shares of Class A common stock in escrow31,503 31,503 75,506 
Shares of Class A common stock in escrow and restricted stock awards subject to future vesting3,771 56,237 235,054 
Total21,381,913 19,076,899 10,904,377