Twilio Enjoys 41% Revenue Hike In Q2

Twilio posted revenue of $943.4 million for the second quarter, a 41% hike YoY, the firm announced on Thursday.

This included $34 million from its Zipwhip acquisition, and 33% organic growth. In addition, the firm signed an eight-figure Flex deal, it’s largest ever, to the connection between brick-and-mortar and virtual for a multinational retailer, using Flex, video, chat and messaging.

There was a non-GAAP loss from operations of $7.3 million during the quarter, versus $4.2 million for the same period in 2021. 

“Closing the quarter with more than 275,000 active customer accounts and 123% dollar-based net expansion rate, we continue to have a diverse and global customer base across nearly every vertical and company size,” said Twilio CEO and co-founder Jeff Lawson. 

However, Lawson added that “we are closely following the various factors impacting the macro environment and we are not immune to some of those factors.” 

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He continued, “We are taking proactive steps to prepare Twilio for a worsening macro environment, and remain laser-focused on our customers and our top priorities.” 

Twilio closed the quarter with more than 275,000 active customers, up from 240,000 in the same quarter in 2021.

The company also announced an addition to its board of directors: Miyuki Suzuki, who brings more than four decades of experience in in B2B and B2c, with extensive knowledge of the APAC market. 

 

 

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