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Net Income (Loss) Per Share Attributable to Common Stockholders | 3 Months Ended
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Mar. 31, 2025
Earnings Per Share [Abstract] |
Net Income (Loss) Per Share Attributable to Common Stockholders | Net Income (Loss) Per Share Attributable to Common Stockholders The Company computes net income (loss) per share in accordance with ASC 260 “Earnings per Share”. Basic net income (loss) per share attributable to common stockholders is computed by dividing net income (loss) attributable to common stockholders by the weighted-average number of shares of common stock outstanding during the period. Diluted net income (loss) per share gives effect to all dilutive potential common shares outstanding during the period, such as stock options, RSUs, including PSUs, and shares partially paid for under ESPP, using the treasury stock method; PSUs follow the contingently issuable shares guidance. Diluted net income (loss) per share excludes all dilutive potential common shares if their effect is anti-dilutive. The following table sets forth the calculation of basic and diluted net income (loss) per share attributable to common stockholders during the periods presented:
|  | Three Months Ended March 31, |  |  |  |
|  | 2025 |  | 2024 |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |  |  |  |
Net income (loss) attributable to common stockholders (in thousands) |  | $ | 20,017 |  |  | $ | (55,349) |  |  |  |  |  |  |
Denominator: |  |  |  |  |  |  |  |  |  |
Weighted-average shares outstanding, basic |  | 153,345,192 |  |  | 181,017,726 |  |  |  |  |  |  |
Dilutive effect of outstanding stock options, RSUs and stock committed under ESPP |  | 8,449,095 |  |  | — |  |  |  |  |  |  |
Weighted-average shares outstanding, diluted |  | 161,794,287 |  |  | 181,017,726 |  |  |  |  |  |  |
Net income (loss) per share attributable to common stockholders: |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.13 |  |  | $ | (0.31) |  |  |  |  |  |  |
Diluted |  | $ | 0.12 |  |  | $ | (0.31) |  |  |  |  |  |  |
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 March 31,
|  | 2025 |  | 2024 |  |
Stock options issued and outstanding |  | 145,350 |  |  | 1,584,426 |  |  |
Unvested restricted stock units issued and outstanding(1) |  | 1,384,775 |  |  | 16,173,773 |  |  |
Shares of Class A common stock reserved for Twilio.org |  | — |  |  | 419,939 |  |  |
Shares of Class A common stock committed under ESPP |  | — |  |  | 396,611 |  |  |
Shares of Class A common stock in escrow subject to future vesting |  | — |  |  | 3,771 |  |  |
Total |  | 1,530,125 |  |  | 18,578,520 |  |  |
____________________________________ (1) A portion of these unvested restricted stock units are PSUs. The number of PSUs that will ultimately vest may increase or decrease the number of shares that will be issued at the end of the performance period.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
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