Twilio Q2 revenue beats estimates; raises 2026 outlook

The company cited a revamped platform unveiled at SIGNAL as helping provide building blocks for customer engagement, according to CEO Khozema Shipchandler.

Dollar-based net expansion rate rose to 116% from 108% a year earlier, indicating higher spending by existing customers. Twilio said the quarter marked another period of organic growth acceleration and record profitability.

The current average analyst rating on the shares is "buy", with 27 strong buy or buy ratings, 4 hold ratings and 1 sell or strong sell rating. The median 12-month price target for Twilio Inc. is $222.50, about 15.2% above its August 5 closing price of $193.22. The stock recently traded at 31 times the next 12-month earnings versus 26 times three months ago.

Twilio sees third-quarter revenue of $1.505 billion to $1.515 billion, up 16% to 16.5% year-over-year.

The company expects third-quarter non-GAAP diluted EPS of $1.42 to $1.47.