Financials · NOW

ServiceNow Inc. (NOW) financials

For the twelve months ended Sep 30, 2026, ServiceNow Inc. reported $15.43B of revenue and $1.45B of net income.

Revenue, TTM
$15.43B
Revenue growth, YoY
+21.8%
Net income, TTM
$1.45B
Net income growth, YoY
-16.5%
Net margin
9.4%
Free cash flow, TTM
$4.75B
EPS, diluted, TTM
$1.39
EPS growth, YoY
-16.3%
Cash
$2.39B
Total debt
$5.44B
P/E
73.25
P/S
6.86
Market cap
$105.84B
Annual revenue$13.28B
FY2016FY2025
Annual net income$1.75B
FY2016FY2025
Annual free cash flow$4.58B
FY2016FY2025

NOW revenue and earnings growth

NOW revenueQ3 2026$4.11B

Quarter YoY
+20.5%
QoQ
+3.0%
FY YoY
+20.9%
5Y CAGR
+24.1%
10Y CAGR
+29.4%

NOW revenue was $4.11B in fiscal Q3 2026 (ended Sep 30, 2026), up 20.5% from a year earlier and up 3.0% from the prior quarter. For the full fiscal 2025 it was $13.28B, up 20.9% from fiscal 2024. Compound annual growth was +24.1% over 5 years and +29.4% over 10 years. It rose in each of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

NOW net incomeQ3 2026$277.00M

Quarter YoY
-44.8%
QoQ
-7.0%
FY YoY
+22.7%
5Y CAGR
+71.2%

NOW net income was $277.00M in fiscal Q3 2026 (ended Sep 30, 2026), down 44.8% from a year earlier and down 7.0% from the prior quarter. For the full fiscal 2025 it was $1.75B, up 22.7% from fiscal 2024. Compound annual growth was +71.2% over 5 years. It rose in 4 of the last 6 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

NOW EPSQ3 2026$0.27

Quarter YoY
-43.7%
QoQ
-6.9%
FY YoY
+21.9%
5Y CAGR
+69.9%

NOW diluted EPS was $0.27 in fiscal Q3 2026 (ended Sep 30, 2026), down 43.7% from a year earlier and down 6.9% from the prior quarter. For the full fiscal 2025 it was $1.67, up 21.9% from fiscal 2024. Compound annual growth was +69.9% over 5 years.

NOW free cash flowQ3 2026$748.00M

Quarter YoY
+29.4%
QoQ
+58.1%
FY YoY
+34.0%
5Y CAGR
+27.3%
10Y CAGR
+34.8%

NOW free cash flow was $748.00M in fiscal Q3 2026 (ended Sep 30, 2026), up 29.4% from a year earlier and up 58.1% from the prior quarter. For the full fiscal 2025 it was $4.58B, up 34.0% from fiscal 2024. Compound annual growth was +27.3% over 5 years and +34.8% over 10 years. It rose in 9 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

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Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue$13.28B$10.98B$8.97B$7.25B$5.90B$4.52B$3.46B$2.61B$1.92B$1.39B
Cost of revenue$2.98B$2.29B$1.92B$1.57B$1.35B$987.00M$796.00M$622.66M$499.86M$399.00M
Gross profit$10.29B$8.70B$7.05B$5.67B$4.54B$3.53B$2.66B$1.99B$1.42B$991.99M
Research and development$2.96B$2.54B$2.12B$1.77B$1.40B$1.02B$749.00M$529.50M$377.52M$285.24M
Selling, general and admin$1.12B$936.00M$863.00M$735.00M$597.00M$454.00M$339.00M$296.03M$210.53M$158.94M
Operating income$1.82B$1.36B$762.00M$355.00M$257.00M$199.00M$42.00M-$42.43M-$64.40M-$382.17M
Interest expense---$27.00M$28.00M$33.00M$33.00M$52.73M$53.39M$33.28M
Pre-tax income$2.26B$1.74B$1.01B$399.00M$249.00M$150.00M$67.00M-$39.02M-$113.41M-$410.42M
Income tax$513.00M$313.00M-$723.00M$74.00M$19.00M$31.00M-$560.00M-$12.32M$3.44M$3.83M
Net income$1.75B$1.43B$1.73B$325.00M$230.00M$119.00M$626.70M-$26.70M-$116.85M-$414.25M
EPS, basic$1.69$1.38$1.70$0.32$0.23$0.12$0.67-$0.03-$0.14-$0.50
EPS, diluted$1.67$1.37$1.68$0.32$0.23$0.12$0.64-$0.03-$0.14-$0.50
Diluted shares1.05B1.04B1.03B1.02B1.02B1.01B986.1M889.2M855.9M822.7M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$3.73B$2.31B$1.90B$1.48B$1.73B$1.68B$778.00M$569.00M$727.83M$401.93M
Receivables$2.63B$2.24B$2.04B$1.73B$1.39B$1.01B$835.28M$574.81M$437.05M$322.76M
Current assets$10.47B$9.19B$7.78B$6.65B$5.22B$4.52B$2.83B$2.34B$2.42B$1.34B
Goodwill$3.58B$1.27B$1.23B$824.00M$777.00M$241.00M$157.00M$148.84M$128.73M$82.53M
Total assets$26.04B$20.38B$17.39B$13.30B$10.80B$8.71B$6.02B$3.88B$3.55B$2.03B
Current liabilities$10.44B$8.36B$7.37B$6.00B$4.95B$3.74B$2.75B$2.01B$2.04B$1.07B
Short-term debt$0--$0$92.00M$0----
Long-term debt$1.49B$1.49B$1.49B$1.49B$1.48B$1.64B$694.98M$661.71M$630.02M$507.81M
Total debt$1.49B$1.49B$1.49B$1.49B$1.58B$1.64B$694.98M$661.71M$630.02M$507.81M
Total liabilities$13.07B$10.77B$9.76B$8.27B$7.10B$5.88B$3.89B$2.77B$2.77B$1.65B
Shareholders' equity$12.96B$9.61B$7.63B$5.03B$3.69B$2.83B$2.13B$1.11B$778.74M$541.09M

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow$5.44B$4.27B$3.40B$2.72B$2.19B$1.79B$1.24B$811.09M$642.94M$159.08M
Capital expenditures$868.00M$852.00M$694.00M$550.00M$392.00M$419.00M$265.00M$224.46M$150.51M$105.56M
Free cash flow$4.58B$3.42B$2.70B$2.17B$1.80B$1.37B$971.00M$586.63M$492.43M$53.52M
Investing cash flow-$1.69B-$2.50B-$2.17B-$2.58B-$1.61B-$1.51B-$725.00M-$347.42M-$883.95M-$108.24M
Financing cash flow-$2.34B-$1.34B-$803.00M-$344.00M-$506.00M$597.00M-$302.00M-$607.43M$538.89M-$55.75M
Share repurchases$1.84B$696.00M$538.00M$0$0-$0$0$55.00M$0
Stock-based compensation$1.96B$1.75B$1.60B$1.40B$1.13B$870.00M$662.00M$543.95M$394.00M$317.65M
Depreciation and amortization$738.00M$564.00M$562.00M$433.00M$472.00M$336.00M$252.00M$149.60M$113.88M$83.08M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY20.9%22.4%23.8%22.9%30.5%30.6%32.6%36.0%37.9%38.3%
Net income growth, YoY22.7%-17.7%432.6%41.3%93.3%-81.0%----
EPS growth, YoY21.9%-18.5%425.0%41.6%91.5%-81.4%----
Gross margin77.5%79.2%78.6%78.3%77.1%78.2%77.0%76.1%73.9%71.3%
Operating margin13.7%12.4%8.5%4.9%4.4%4.4%1.2%-1.6%-3.4%-27.5%
Net margin13.2%13.0%19.3%4.5%3.9%2.6%18.1%-1.0%-6.1%-29.8%
Free cash flow margin34.5%31.1%30.1%30.0%30.5%30.3%28.1%22.5%25.7%3.8%
Return on equity13.5%14.8%22.7%6.5%6.2%4.2%29.5%-2.4%-15.0%-76.6%
Return on assets6.7%7.0%10.0%2.4%2.1%1.4%10.4%-0.7%-3.3%-20.4%
Current ratio1.001.101.061.111.051.211.031.171.191.25
Debt to equity0.120.150.200.300.430.580.330.600.810.94

Source: XBRL data ServiceNow Inc. files with the SEC, latest filing dated Oct 28, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures and share counts are restated for stock splits the filings show: 5-for-1, first reported Jan 29, 2026.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

NOW peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
NOW$15.43B+21.8%$1.45B9.4%$105.84B
MSFT$346.44B+17.9%$142.63B41.2%$3.94T
PLTR$7.29B+87.1%$3.67B50.3%$386.44B
ORCL$71.78B+21.6%$18.92B26.4%$351.04B
SAP€36.80B+7.7%€7.16B19.5%$286.79B
CRWD$5.40B+24.3%$58.46M1.1%$222.09B
SHOP$14.17B+32.5%$2.13B15.0%$191.58B
CRM$43.94B+11.2%$9.66B22.0%$175.83B
SNOW$5.43B+32.0%-$1.09B-20.1%$97.33B

NOW FAQ

9 questions
  • What is NOW revenue?
    ServiceNow Inc. (NOW) reported $15.43B of revenue for the twelve months ended Sep 30, 2026. That is up 21.8% from the year before. Revenue for fiscal 2025 was $13.28B.
  • Is NOW profitable?
    Yes. ServiceNow Inc. earned $1.45B in net income for the twelve months ended Sep 30, 2026, a net margin of 9.4%.
  • How much cash and debt does NOW have?
    ServiceNow Inc. reported $2.39B in cash and cash equivalents and $5.44B of debt on its most recent balance sheet in SEC filings.
  • How fast is NOW revenue growing?
    ServiceNow Inc.'s revenue changed +20.9% in fiscal 2025, to $13.28B. Its compound annual growth rate was +24.1% over 5 years and +29.4% over 10 years.
  • What is NOW gross margin?
    ServiceNow Inc.'s gross profit was $11.28B on $15.43B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 73.1%.
  • What is NOW free cash flow?
    ServiceNow Inc. generated $4.75B of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $5.33B less capital expenditures.
  • What is NOW earnings per share?
    Diluted earnings per share were $1.39 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did NOW last report financial results?
    The latest statements here come from ServiceNow Inc.'s 10-Q filed on Oct 28, 2026, covering the period ended Sep 30, 2026.
  • Where does this NOW financial data come from?
    Quantisnow builds these statements from the structured XBRL data ServiceNow Inc. files with the SEC. It is provided for information only and is not investment advice.