Communications segment revenue was $1.153 billion, up 14% year-over-year, with messaging growth accelerating for the fourth consecutive quarter and double-digit voice growth for the first time in two years.
Free cash flow was a record $263 million for the quarter.
GAAP income from operations was $37 million, marking the third consecutive quarter of GAAP operating profitability.
Non-GAAP gross profit was $623 million, up 8% year-over-year, with a gross margin of 50.7%, down 260 basis points year-over-year due to messaging mix, increased carrier fees, and FX impacts.
Non-GAAP income from operations reached a record $221 million, up 26% year-over-year, with a non-GAAP operating margin of 18%.
Segment revenue was flat at $75 million year-over-year but achieved non-GAAP income from operations of $6 million, surpassing the breakeven target.
Stock-based compensation was 12.1% of revenue, slightly up quarter-over-quarter but down year-over-year.
Twilio reported record Q2 2025 revenue of $1.228 billion, up 13% year-over-year on both reported and organic bases.
Twilio repurchased $177 million of shares in Q2, totaling $307 million year-to-date.
Dafinchi