ServiceNow vs Twilio
ServiceNow reported revenue of $13.3 billion in fiscal 2025, 2.6 times Twilio's $5.1 billion in fiscal 2025. ServiceNow's revenue grew 20.9% in its latest year, and Twilio's grew 13.7%. ServiceNow had an operating margin of 13.7%, against 3.1% at Twilio. Free cash flow was $4.6 billion at ServiceNow and $997 million at Twilio.
Side by side
| ServiceNow | Twilio | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $13.3B | $5.1B |
| Revenue growth | 20.9% | 13.7% |
| Revenue growth a year, last 5 years | 24.1% | 23.5% |
| Gross margin | 77.5% | 48.9% |
| Operating margin | 13.7% | 3.1% |
| Net margin | 13.2% | 0.7% |
| Free cash flow | $4.6B | $997M |
| Free cash flow margin | 34.5% | 19.7% |
| Return on capital | 20.9% | 1.5% |
| Net debt to EBITDA | −1.9x | −4.2x |
| Dividends and buybacks | $1.8B | $869M |
| Change in diluted share count | 0.4% | −3.7% |
| Last close | $158.18 | $263.65 |
| P/E at the last close | 98.9× | 36.7× |
| Insider trades, last 12 months | bought $3.0 million, sold $9.3 million | sold $619.0 million |
| Piotroski F-score | 6 of 9 | 6 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
ServiceNowTwilio
Operating margin
Percent of revenue
ServiceNowTwilio
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
ServiceNowTwilio
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the ServiceNow and Twilio pages.