NOW · Servicenow, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.77B | - | $3.41B | $3.21B | $3.09B | - | $2.80B | $2.63B | $2.60B | - |
| Cost of Revenue | $940.00M | - | $774.00M | $724.00M | $651.00M | - | $584.00M | $552.00M | $520.00M | - |
| Gross Profit | $2.83B | - | $2.63B | $2.49B | $2.44B | - | $2.21B | $2.08B | $2.08B | - |
| R&D | $823.00M | - | $750.00M | $734.00M | $703.00M | - | $626.00M | $643.00M | $606.00M | - |
| SG&A | $288.00M | - | $255.00M | $271.00M | $229.00M | - | $225.00M | $232.00M | $222.00M | - |
| Total Operating Expenses | $2.33B | - | $2.06B | $2.13B | $1.99B | - | $1.79B | $1.83B | $1.75B | - |
| D&A | $258.00M | - | $133.00M | $120.00M | $160.00M | - | $96.00M | $88.00M | $130.00M | - |
| Operating Income | $503.00M | - | $572.00M | $358.00M | $451.00M | - | $418.00M | $240.00M | $332.00M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $204.00M | - | $192.00M | $86.00M | $95.00M | - | $84.00M | $72.00M | $78.00M | - |
| Net Income | $469.00M | - | $502.00M | $385.00M | $460.00M | - | $432.00M | $262.00M | $347.00M | - |
| EPS - Basic | $0.45 | - | $0.48 | $0.37 | $0.44 | - | $0.42 | $0.25 | $0.34 | - |
| EPS - Diluted | $0.45 | - | $0.48 | $0.37 | $0.44 | - | $0.41 | $0.25 | $0.33 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $2.70B | $3.73B | $2.73B | $3.12B | $3.37B | $2.30B | $1.89B | $2.16B | $2.06B | $1.90B |
| Accounts Receivable | $1.71B | $2.63B | $1.55B | $1.70B | $1.36B | $2.24B | $1.31B | $1.52B | $1.31B | $2.04B |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $427.00M | $204.00M | $146.00M | $211.00M | $309.00M | $68.00M | $165.00M | $296.00M | $223.00M | $126.00M |
| Current Assets | $8.44B | $10.47B | $8.36B | $9.28B | $9.27B | $9.19B | $7.70B | $8.02B | $7.37B | $7.78B |
| Total Assets | $24.38B | $26.04B | $21.79B | $22.05B | $20.97B | $20.38B | $18.43B | $18.21B | $17.54B | $17.39B |
| Current Liabilities | $9.98B | $10.44B | $7.87B | $8.49B | $8.26B | $8.36B | $6.79B | $7.17B | $7.03B | $7.37B |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $12.65B | $13.07B | $10.49B | $11.12B | $10.83B | $10.77B | $9.14B | $9.54B | $9.44B | $9.76B |
| Stockholders' Equity | $11.73B | $12.96B | $11.30B | $10.93B | $10.14B | $9.61B | $9.29B | $8.67B | $8.11B | $7.63B |
| Retained Earnings | $5.71B | $5.24B | $4.84B | $4.34B | $3.95B | $3.49B | $3.11B | $2.68B | $2.42B | $2.07B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.67B | - | - | - | $1.68B | - | - | - | $1.34B | - |
| Investing Cash Flow | ($451.00M) | - | - | - | ($217.00M) | - | - | - | ($918.00M) | - |
| Financing Cash Flow | ($2.24B) | - | - | - | ($398.00M) | - | - | - | ($259.00M) | - |
| CapEx | $141.00M | - | - | - | $205.00M | - | - | - | $135.00M | - |
| Free Cash Flow | $1.53B | - | - | - | $1.47B | - | - | - | $1.21B | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 75.1% | - | 77.3% | 77.5% | 78.9% | - | 79.1% | 79.0% | 80.0% | - |
| Operating margin | 13.3% | - | 16.8% | 11.1% | 14.6% | - | 14.9% | 9.1% | 12.8% | - |
| EBITDA margin | 20.2% | - | 20.7% | 14.9% | 19.8% | - | 18.4% | 12.5% | 17.7% | - |
| Net margin | 12.4% | - | 14.7% | 12.0% | 14.9% | - | 15.4% | 10.0% | 13.3% | - |
| Free cash flow margin | 40.6% | - | - | - | 47.7% | - | - | - | 46.3% | - |
| FCF / Net income | 3.26 | - | - | - | 3.20 | - | - | - | 3.48 | - |
| R&D / Revenue | 21.8% | - | 22.0% | 22.8% | 22.8% | - | 22.4% | 24.5% | 23.3% | - |
| SG&A / Revenue | 7.6% | - | 7.5% | 8.4% | 7.4% | - | 8.0% | 8.8% | 8.5% | - |
| Effective tax rate | 30.3% | - | 27.7% | 18.3% | 17.1% | - | 16.3% | 21.6% | 18.4% | - |
| Return on assets | 1.9% | - | 2.3% | 1.7% | 2.2% | - | 2.3% | 1.4% | 2.0% | - |
| Return on equity | 4.0% | - | 4.4% | 3.5% | 4.5% | - | 4.7% | 3.0% | 4.3% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.84 | 1.00 | 1.06 | 1.09 | 1.12 | 1.10 | 1.13 | 1.12 | 1.05 | 1.06 |
| Quick ratio | 0.84 | 1.00 | 1.06 | 1.09 | 1.12 | 1.10 | 1.13 | 1.12 | 1.05 | 1.06 |
| Cash ratio | 0.27 | 0.36 | 0.35 | 0.37 | 0.41 | 0.28 | 0.28 | 0.30 | 0.29 | 0.26 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 2.08 | 2.01 | 1.93 | 2.02 | 2.07 | 2.12 | 1.98 | 2.10 | 2.16 | 2.28 |
| Liabilities / Assets | 0.52 | 0.50 | 0.48 | 0.50 | 0.52 | 0.53 | 0.50 | 0.52 | 0.54 | 0.56 |
| Efficiency | ||||||||||
| Asset turnover | 0.15 | - | 0.16 | 0.15 | 0.15 | - | 0.15 | 0.14 | 0.15 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 166d | - | 166d | 193d | 161d | - | 171d | 211d | 183d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 166d | - | 69d | 106d | 173d | - | 103d | 196d | 157d | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 232.3x | - | 383.5x | 558.7x | 361.9x | - | 432.1x | 624.3x | 456.5x | - |
| P / B | 9.3x | - | 3.4x | 3.9x | 3.3x | - | 4.0x | 3.8x | 3.9x | - |
| P / S | 28.8x | - | 11.3x | 13.4x | 10.8x | - | 13.3x | 12.4x | 12.2x | - |
| EV / EBITDA | 139.3x | - | 50.8x | 83.5x | 49.0x | - | 68.9x | 93.1x | 64.1x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 22.1% | - | 21.8% | 22.4% | 18.6% | - | 22.2% | 22.2% | 24.2% | - |
| Revenue CAGR (3y) | 21.6% | - | 23.0% | 22.4% | 21.5% | - | 22.8% | 23.1% | 24.2% | - |
| Revenue CAGR (5y) | 22.6% | - | 24.2% | 24.6% | 24.2% | - | 25.9% | 25.8% | 27.0% | - |
| Gross profit growth (YoY) | 16.1% | - | 19.0% | 20.0% | 17.0% | - | 23.5% | 23.6% | 25.6% | - |
| Operating income growth (YoY) | 11.5% | - | 36.8% | 49.2% | 35.8% | - | 81.0% | 105.1% | 130.6% | - |
| Net income growth (YoY) | 2.0% | - | 16.2% | 46.9% | 32.6% | - | 78.5% | -74.9% | 131.3% | - |
| EPS growth (YoY) | 2.3% | - | 15.9% | 46.0% | 31.7% | - | -64.6% | -95.0% | -54.2% | - |
| EPS CAGR (3y) | -14.9% | - | 7.2% | 54.4% | 5.9% | - | 10.1% | -4.6% | -6.6% | - |
| EPS CAGR (5y) | 1.9% | - | 51.6% | 13.0% | 12.9% | - | 14.5% | - | - | - |
| FCF growth (YoY) | 3.9% | - | - | - | 22.1% | - | - | - | 63.6% | - |
| FCF CAGR (5y) | 19.8% | - | - | - | 29.2% | - | - | - | 30.9% | - |
| Book value growth (YoY) | 15.7% | 34.9% | 21.6% | 26.1% | 25.1% | 26.0% | 29.4% | 25.1% | 44.8% | 51.6% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$13.28B totalLicense And Service$12.88B · 97.0%
Technology Service$395.00M · 3.0%
Geographic
$13.28B totalNorth America$8.35B · 62.9%
EMEA$3.40B · 25.6%
Asia Pacific And Other$1.53B · 11.5%
Peer comparison
Same SIC group: Services-Prepackaged Software
Comparing ServiceNow against the 5 most active filers in the same SIC group.