TWLO earnings call for the period ending December 31, 2024.
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Twilio (TWLO 1.86%)
Q4 2024 Earnings Call
Feb 13, 2025, 5:00 p.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Operator
Good day, and thank you for standing by. Welcome to the Twilio Inc. fourth quarter 2024 earnings conference call. At this time, all participants are in a listen-only mode.
After the speakers’ presentation, there will be a question-and-answer session. [Operator instructions] Please be advised that today’s conference is being recorded. I would now like to hand the conference over to your speaker today, Bryan Vaniman, SVP of investor relations and corporate development. Please go ahead.
Bryan Vaniman — Senior Vice President, Investor Relations
Good afternoon, everyone, and thank you for joining us for Twilio’s fourth quarter 2024 earnings conference call. Joining me today are Khozema Shipchandler, chief executive officer; and Aidan Viggiano, chief financial officer. As a reminder, we will disclose non-GAAP financial measures on this call. Definitions and reconciliations between our GAAP and non-GAAP results can be found in our earnings release and our earnings presentation posted on our IR website at investors.twilio.com.
We will also make forward-looking statements on this call, including statements about our future outlook and goals. Such statements are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those described. Many of those risks and uncertainties are described in our SEC filings including our most recent Form 10-Q and our forthcoming Form 10-K. Forward-looking statements represent our beliefs and assumptions only as of the date such statements are made.
We disclaim any obligation to update any forward-looking statements except as required by law. And with that, I’ll hand it over to Khozema, who will discuss our Q4 and 2024 results, and we’ll then open the call for Q&A.
Khozema Z. Shipchandler — Chief Executive Officer
Thank you, Bryan. Good afternoon, everyone, and thank you for joining us today. Twilio had a terrific Q4, reaching $1.195 billion in revenue, an 11% increase year over year, and our second consecutive quarter of double-digit growth. Q4 also marked an important milestone for Twilio as it’s the first time we’ve delivered quarterly GAAP operating profitability in the company’s history, well ahead of our initial target.
For the full year, we generated $4.458 billion in revenue, representing 9% organic growth year over year. Over the past two years, we’ve dedicated ourselves to transforming Twilio’s business from one primarily focused on growth to one that balances innovation, growth, and profitability. Our results demonstrate the success of those efforts. Not only have we recently accelerated revenue growth, but we’ve also significantly boosted our non-GAAP profitability while meaningfully accelerating our path to GAAP profitability plus reducing our net burn rate and outstanding share count.
