Risk factors
Twilio (TWLO) risk factors
Item 1A of every Twilio Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors53 risks7 new8 dropped20 reworded
Twilio tightened disclosures on global regulatory pressures, international message termination costs, and asset impairment charges.
Filed Feb 24, 2026 - FY2024 10-K risk factors54 risks
Twilio faces high usage-based customer concentration risk alongside substantial operating losses, with $7.5 billion in accumulated deficit through 2024.
Filed Feb 26, 2025