XML 31 R20.htm IDEA: XBRL DOCUMENT
v3.25.3

Net Income (Loss) Per Share Attributable to Common Stockholders | 9 Months Ended
--- | ---
Sep. 30, 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, and shares partially paid for under ESPP, using the treasury stock method as well as PSUs using 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 September 30, |  | Nine Months Ended September 30, |  |
|  | 2025 |  | 2024 |  | 2025 |  | 2024 |  |
Numerator: |  |  |  |  |  |  |  |  |  |
Net income (loss) attributable to common stockholders (in thousands) |  | $ | 37,248 |  |  | $ | (9,726) |  |  | $ | 79,688 |  |  | $ | (96,933) |  |  |
Denominator: |  |  |  |  |  |  |  |  |  |
Weighted-average shares outstanding, basic |  | 153,119,639 |  |  | 159,091,110 |  |  | 153,211,538 |  |  | 170,063,452 |  |  |
Dilutive effect of outstanding stock options, RSUs, PSUs and stock committed under ESPP |  | 6,090,312 |  |  | — |  |  | 7,000,800 |  |  | — |  |  |
Weighted-average shares outstanding, diluted |  | 159,209,951 |  |  | 159,091,110 |  |  | 160,212,338 |  |  | 170,063,452 |  |  |
Net income (loss) per share attributable to common stockholders: |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.24 |  |  | $ | (0.06) |  |  | $ | 0.52 |  |  | $ | (0.57) |  |  |
Diluted |  | $ | 0.23 |  |  | $ | (0.06) |  |  | $ | 0.50 |  |  | $ | (0.57) |  |  |
The following outstanding shares of common stock equivalents were excluded from the calculation of the diluted net income (loss) per share attributable to common stockholders because their effect would have been anti-dilutive:
|  | Three Months Ended September 30, |  | Nine Months Ended September 30, |  |
|  | 2025 |  | 2024 |  | 2025 |  | 2024 |  |
Stock options issued and outstanding |  | 304,275 |  |  | 1,392,697 |  |  | 145,350 |  |  | 1,392,697 |  |  |
Unvested restricted stock units issued and outstanding(1) |  | 3,910,813 |  |  | 20,265,865 |  |  | 3,712,970 |  |  | 20,265,865 |  |  |
Shares of Class A common stock reserved for Twilio.org |  | — |  |  | 375,735 |  |  | — |  |  | 375,735 |  |  |
Shares of Class A common stock committed under ESPP |  | — |  |  | 240,905 |  |  | — |  |  | 240,905 |  |  |
Total |  | 4,215,088 |  |  | 22,275,202 |  |  | 3,858,320 |  |  | 22,275,202 |  |  |
____________________________________ (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.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration