Twilio's stock is soaring. The company says it's because of 'unprecedented demand' for one AI function.
Twilio's stock surged 20% in after-hours trading after the company reported a 20% year-over-year revenue growth in the first quarter, beating analyst expectations. The company's CEO attributed the success to 'unprecedented demand' for its AI-powered 'Voice' function.
Twilio's revenue grew 20% year-over-year to $1.4 billion in the first quarter, exceeding Wall Street's expectations of $1.34 billion. The company's earnings per share were $1.50, almost 20% higher than analysts' estimates. Twilio's CEO, Khozema Shipchandler, credited the results to strong demand for its 'Voice' function, which has been reimagined with AI. Sales for 'Voice' grew 20% since the first quarter of 2025, with revenue for its branded-calling feature and call-transcription service increasing 100% year-over-year. Twilio raised its revenue-growth forecast for 2026 to between 14% and 15%. The company's stock has jumped over 50% since the start of the year.
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