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Net Loss Per Share Attributable to Common Stockholders
9 Months Ended
Sep. 30, 2024
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,
2024202320242023
Net loss attributable to common stockholders (in thousands)$(9,726)$(141,707)$(96,933)$(650,033)
Weighted-average shares used to compute net loss per share attributable to common stockholders, basic and diluted159,091,110 181,749,309 170,063,452 183,854,526 
Net loss per share attributable to common stockholders, basic and diluted$(0.06)$(0.78)$(0.57)$(3.54)
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,
20242023
Stock options issued and outstanding1,392,697 1,778,852 
Unvested restricted stock units issued and outstanding20,265,865 20,263,588 
Shares of Class A common stock reserved for Twilio.org375,735 464,143 
Shares of Class A common stock committed under ESPP240,905 350,270 
Shares of Class A common stock in escrow— 31,503 
Shares of Class A common stock in escrow and restricted stock awards subject to future vesting— 3,771 
Total22,275,202 22,892,127