Twilio Inc.

Good evening. My name is Chantal, and I will be your conference operator today. At this time, I would like to welcome everyone to the Twilio fourth quarter and full year 2021 earnings conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star followed by the number one on your telephone keypad. If you would like to withdraw your question, please press star one again. Thank you. Andrew Zulia, Vice President of Investor Relations. You may begin your conference.

Thanks, Angela. Good afternoon, everyone, and thank you for joining us for Twilio's fourth quarter and full year 2021 earnings conference call. Our prepared remarks, earnings press release, investor presentation, SEC filing, and a replay of today's call can be found on our IR website at investors.twilio.com. Joining me today for Q&A are Jeff Lawson, co-founder and CEO, Mark Boroditsky, CRO, and Kozema Shipchamber, COO. As a reminder, some of our commentary today may be in non-GAAP terms. Reconciliation between our GAAP and non-GAAP results and further information related to guidance can be found in our earnings press release. Additionally, some of our discussion and responses may contain forward-looking statements which are subject to risks, uncertainties, and assumptions. In particular, David D'Auxilio's outlook for the quarter ending March 31, 2022 Julio's goals regarding delivering non-GAAP operating profitability beginning in 2023, and meeting annual growth rates and long-term non-GAAP growth margin targets. Julio's expectations regarding our products and solutions. Julio's expectations regarding business benefits and financial impact. From our acquisitions and our partnerships and investments, including the associated transactions. Our expectations regarding the impact of recent and future privacy changes on certain third-party platforms on Twilio and our customers, and Twilio's ability to manage changes in network service provider fees that we say in connection with the delivery of communications on our platform, and the impact of those fees on our growth margins, are subject to change. Should any of these risks materialize, or should our assumptions prove to be incorrect, actual financial results could differ materially from our projections or those implied by these forward-looking statements. A description of these risks, uncertainties and assumptions, and other factors that could affect our financial results are included in our SBC filings, including our most recent report on Form 10-K and subsequent reports on Form 10-Q. And our remarks today should be considered to incorporate this information by reference. Forward-looking statements represent our beliefs and assumptions only as of the date such statements are made. We undertake no obligation to update any forward-looking statements made during this call to reflect events or circumstances after today, or to reflect new information or the occurrence of unanticipated events, except as required by law. With all that out of the way, I'll hand it over to Jeff for some opening remarks, and we'll open the call for Q&A. Thank you, Billy. I am very happy with our 2021 results. Built on some great outcomes for customers that continue to generate the best and best growth for investors that you see today. I've never been more excited about the future of the company than I am sitting here right now. We have an awesome leadership team, a combination of our leading cloud communications platform with Twilio's segment's number one customer data platform, gives Twilio an unparalleled view into the customer journey, setting us up as the company that can truly deliver from the customer engagement platform vision. We intend to become the software layer that digitally connects every business to their customers to introduce true, personalized engagement and relationships in the next chapter of the cloud. We're builders, so our work is never done, and I'm incredibly eager to continue building the company in 2022 and beyond. With that, let's open the call for your questions.

At this time, I would like to remind everyone, in order to ask a question, press star then number one on your telephone keypad. Our first question comes from Samad Samana with Jeffries. Your line is open.