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Twilio Lifts 2026 Outlook After Q1 Beat as Shares Spike

The raised outlook reflects Twilio's pivot toward AI-driven customer engagement.

The logo of communication company Twilio is displayed at the Collision conference in Toronto, Ontario, Canada June 23, 2022. Picture taken June 23, 2022. REUTERS/Chris Helgren

Overview

  • Twilio shares jumped about 18% in after-hours trading following Thursday's earnings beat.
  • The company reported Q1 revenue of $1.41 billion, up 20% year over year, and adjusted EPS of $1.50.
  • Net income rose to $90 million from $20 million a year earlier, underscoring stronger profitability.
  • Twilio raised its 2026 revenue growth forecast to 14% to 15% and lifted operating income and free cash flow targets to $1.08 billion to $1.10 billion.
  • The company guided Q2 revenue to $1.42 billion to $1.43 billion, and analysts raised price targets to $200 as the stock hit fresh multi-year highs on Friday.