• Twilio average ebitda margin for 2023 was -15.24%, a 28.82% decline from 2022.
• Twilio average ebitda margin for 2022 was -21.41%, a 4.18% decline from 2021.
• Twilio average ebitda margin for 2021 was -20.55%, a 21.45% increase from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.