# TWILIO INC (TWLO) MD&A by fiscal year

Verbatim Item 7 Management's Discussion and Analysis sections from TWILIO INC's 10-K filings, one page per fiscal year. Extracted from SEC filings with the same bounded parser for every year. Filer text, not grepcent analysis or investment advice.

- [FY 2025 MD&A](/company/TWLO/mda/fy2025/): filed 2026-02-24; accession 0001447669-26-000021 (https://www.sec.gov/Archives/edgar/data/1447669/000144766926000021/twlo-20251231.htm); latest 10-K
- [FY 2024 MD&A](/company/TWLO/mda/fy2024/): filed 2025-02-26; accession 0001447669-25-000035 (https://www.sec.gov/Archives/edgar/data/1447669/000144766925000035/twlo-20241231.htm)
- [FY 2023 MD&A](/company/TWLO/mda/fy2023/): filed 2024-02-27; accession 0001447669-24-000034 (https://www.sec.gov/Archives/edgar/data/1447669/000144766924000034/twlo-20231231.htm)
- [FY 2022 MD&A](/company/TWLO/mda/fy2022/): filed 2023-02-27; accession 0001447669-23-000049 (https://www.sec.gov/Archives/edgar/data/1447669/000144766923000049/twlo-20221231.htm)
- [FY 2021 MD&A](/company/TWLO/mda/fy2021/): filed 2022-02-22; accession 0001447669-22-000049 (https://www.sec.gov/Archives/edgar/data/1447669/000144766922000049/twlo-20211231.htm)

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