NOW

SERVICENOW
D

NOW

Arincen69/100B

SERVICENOW financials

Yes. SERVICENOW earned 1.45B USD of net income over the last twelve months, 9.4% of its revenue. It made a profit in 8 of its 19 fiscal years since 2007. Its last loss was in fiscal year 2018.

Revenue (TTM)
15.43B USD
Net income (TTM)
1.45B USD
Free cash flow (TTM)
4.75B USD
Cash and short-term investments
4.61B USD
Total debt
8.42B USD
Shareholders' equity
13.10B USD

Cash, debt and equity as of 30 Sept 2026.

SERVICENOW earnings

Next earnings · Q4 FY2026
EPS estimate
1.08 USD
Revenue estimate
4.37B USD
Last quarter · Q3 FY2026
EPS1.00Missed -2.0%Revenue4.11BBeat +0.3%

Revenue

ReportedEstimate

EPS

ReportedEstimate
PeriodReport dateEPS estimateReported EPSSurpriseEPS growthRevenue estimateReported revenueSurpriseRevenue growth
Q3 FY20281.51———5.72B———
Q2 FY20281.38———5.52B———
Q1 FY20281.34———5.29B———
Q4 FY20261.08——+17.39%4.37B——+22.49%
Q3 FY20261.021.00-1.96%+3.73%4.09B4.11B+0.30%+20.55%
Q2 FY20260.860.90+4.41%+10.02%3.93B3.99B+1.52%+24.01%
Q1 FY20260.970.970.00%+20.05%3.74B3.77B+0.78%+22.09%
Q4 FY20250.890.92+3.95%+25.34%3.53B3.57B+1.12%+20.66%
Q3 FY20250.850.96+13.28%+129.52%3.36B3.41B+1.54%+21.81%
Q2 FY20250.710.82+14.73%+30.67%3.12B3.22B+3.03%+22.38%

SERVICENOW growth and profitability

Full income statement
Revenue (TTM)
15.43B USD
Net income (TTM)
1.45B USD
Gross margin
73.08%
Operating margin
9.68%
Net margin
9.36%

Revenue / Net income

Revenue Net income Net margin
PeriodRevenueGrowthNet incomeGrowthGross marginOperating marginNet marginEBITDAGrowth
FY202513.28B+20.88%1.75B+22.67%77.53%13.74%13.16%3.00B+28.99%
FY202410.98B+22.44%1.43B-17.68%79.18%12.42%12.97%2.33B+45.86%
FY20238.97B+23.82%1.73B+432.62%78.59%8.49%19.30%1.59B+85.56%
FY20227.25B+22.88%325.00M+41.30%78.29%4.90%4.49%859.00M+14.69%
FY20215.90B+30.46%230.00M+93.28%77.05%4.36%3.90%749.00M+44.32%

How SERVICENOW makes its money

License and Service12.88B 97.0%
Technology Service395.00M 3.0%
Revenue13.28B 100.0%
Cost of revenue2.98B 22.5%
Gross profit10.30B 77.5%
Research and development2.96B 22.3%
Selling and administration5.51B 41.5%
Operating income1.82B 13.7%
Tax513.00M 3.9%
Net income1.75B 13.2%

FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.

SERVICENOW revenue breakdown

By product

FY2025
License and Service: 97.0%Technology Service: 3.0%97.0%License and Service3.0%Technology Service
SegmentRevenueShare of revenueChange on the year
License and Service12.88B97.0%—
Technology Service395.00M3.0%+16.9%

By region

FY2025
North America: 62.9%EMEA: 25.6%Asia Pacific And Other: 11.5%62.9%North America25.6%EMEA11.5%Asia Pacific And Other
RegionRevenueShare of revenueChange on the year
North America8.35B62.9%+20.8%
EMEA3.40B25.6%+20.0%
Asia Pacific And Other1.53B11.5%+23.1%

Operating and free cash flow

Full cash flow statement
Operating cash flow Free cash flow
Fiscal yearOperating cash flowFree cash flow
FY20255.44B4.58B
FY20244.27B3.42B
FY20233.40B2.70B
FY20222.72B2.17B
FY20212.19B1.79B
FY20201.79B1.35B
FY20191.24B898.39M
FY2018811.09M562.23M
FY2017642.83M485.65M
FY2016159.92M31.51M

SERVICENOW financial health

Full balance sheet
Cash and short-term investments
4.61B USD
Total debt
8.42B USD
Net cash
-3.81B USD
Free cash flow (TTM)
4.75B USD
Current ratio
0.72
Debt to equity
0.64
Piotroski score
5 / 9
Altman Z-score
4.25

Cash, debt and free cash flow

Cash and short-term investments Total debt Free cash flow
Fiscal yearCash and short-term investmentsTotal debtFree cash flow
FY20256.28B2.40B4.58B
FY20245.76B2.28B3.42B
FY20234.88B2.28B2.70B
FY20224.28B2.23B2.17B
FY20213.30B2.21B1.79B

Assets, liabilities and equity

Total assets Total liabilities Shareholders' equity
Fiscal yearTotal assetsTotal liabilitiesShareholders' equity
FY202526.04B13.07B12.96B
FY202420.38B10.77B9.61B
FY202317.39B9.76B7.63B
FY202213.30B8.27B5.03B
FY202110.80B7.10B3.70B
FY20208.72B5.88B2.83B
FY20196.02B3.89B2.13B
FY20183.88B2.77B1.11B
FY20173.55B2.77B778.74M
FY20162.03B1.65B386.96M

SERVICENOW valuation

Price to earnings ratio (TTM)
71.81
Forward P/E (FY2026)
25.47
Price to sales (TTM)
6.76
Price to book
7.97
EV / EBITDA (TTM)
31.48

Capital structure

Market capitalization
104.34B USD
+
Total debt
8.42B USD
−
Cash and short-term investments
4.61B USD
=
Enterprise value
108.15B USD

Valuation over time

P/EForward P/EForward P/E · EstimateEstimate
Fiscal yearP/EForward P/EP/SP/BEV/EBITDA
FY2028 (est.)17.15————
FY2027 (est.)20.9517.15———
FY2026 (est.)25.4720.95———
Now (TTM)71.8121.456.767.9731.48
FY202590.6438.8111.9612.2552.53
FY2024153.6412.1919.8722.7193.84
FY202383.1210.1816.0818.9190.72
FY2022242.667.4210.7915.5491.93
FY2021564.4317.6721.8134.80172.32

SERVICENOW against its own history

Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.

Its peers: Meta Platforms, Inc. Depositary Shares representing a 1/20th Interest in a Share of Series A Mandatory Convertible Preferred Stock, AppLovin, Adobe, Snowflake, Intuit, and Automatic Data Processing, the US Software - Application companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.

  • P/E (today)Above its median71.8
    13.6123.1
  • Gross marginBelow its median77.5%
    77.1%79.2%
    Against its peers: 4 of 6Peers' median 80.2%
  • Operating marginHighest in 5 years13.7%
    4.4%13.7%
    Against its peers: 5 of 6Peers' median 28.8%
  • Net marginAbove its median13.2%
    3.9%19.3%
    Against its peers: 5 of 6Peers' median 21.3%
  • Return on equityAt its median13.5%
    6.2%22.7%
    Against its peers: 5 of 6Peers' median 61.3%
  • Free cash flow marginHighest in 5 years34.5%
    30.0%34.5%
    Against its peers: 4 of 6Peers' median 40.2%
  • Revenue growthLowest in 5 years20.9%
    20.9%30.5%
    Against its peers: 3 of 6Peers' median 13.9%
  • EPS growthBelow its median21.9%
    -18.5%425.0%
    Against its peers: 3 of 5Peers' median 27.8%
  • Debt to EBITDALowest in 5 years0.80×
    0.80×2.96×
    Against its peers: 2 of 5Peers' median 0.82×
  • Current ratioLowest in 5 years1.00
    1.001.11
    Against its peers: 4 of 6Peers' median 1.30

Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.

SERVICENOW ownership

Institutions
82.38%
Institutional holders
2,433 (+82)
Free float
99.75%

Who owns the shares

Institutions 82.4% Others 17.6%
As of 30 Jun 2026

Shares free to trade

Free float 1.04B shares ·99.8% Closely held 2.56M shares ·0.2%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Insider trading

QuarterPurchasesSalesShares acquiredShares disposed of
Q4 202600964.68K0.00
Q3 20260491.09K150.95K
Q2 202606517.25K159.57K
Q1 2026241.12M611.96K

Shares outstanding

Basic shares Diluted shares Change in diluted shares
Fiscal yearBasic sharesDiluted sharesChange in diluted shares
FY20251.04B1.05B+0.47%
FY20241.03B1.04B+1.38%
FY20231.02B1.03B+1.01%
FY20221.01B1.02B+0.18%
FY2021990.47M1.02B+0.34%

Common questions about SERVICENOW's financials

Source: Financial Modeling PrepVerified against SEC filings