---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-058799"
form_type: "8-K"
ticker: "TWLO"
cik: "0001447669"
company_name: "TWILIO INC"
filed_at: "2024-03-05T23:59:59+00:00"
generated_at: "2026-06-05T03:43:04.359162+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Twilio retains Segment, sets profitability targets, expands buyback by $2B

## Summary
- Segment to be retained; operational review concludes retention expected to create most shareholder value.
- Appoints Thomas Wyatt as President of Segment effective March 11, 2024.
- FY2024 targets: organic revenue growth 5-10%; non-GAAP income from operations $550M-$600M.
- Aims for GAAP operating profitability by Q4 2025; Segment break-even (non-GAAP) by Q2 2025.
- Board authorized additional $2B share repurchase (total ~$2.2B); targeted completion by end of 2024.

## SEC filing metadata
- accession: 0001193125-24-058799
- form_type: 8-K
- ticker: TWLO
- cik: 0001447669
- company_name: TWILIO INC
- filed_at: 2024-03-05T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1447669/000119312524058799/0001193125-24-058799-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1447669/000119312524058799/d808054d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-058799
- JSON: https://secwatch.observer/filing/0001193125-24-058799.json
- Plain text: https://secwatch.observer/filing/0001193125-24-058799.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.