Non-Current Assets
Contract Assets, Non-Current
ServiceNow Contract Assets, Non-Current increased by 1.3% to $1.13B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.6%, from $1.01B to $1.13B. Over 5 years (FY 2020 to FY 2025), Contract Assets, Non-Current shows an upward trend with a 20.2% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2017
Last reportedQ1 2026Apr 23, 2026
How to read this metric
An increase suggests strong long-term project pipelines, while a decrease may indicate project completion or billing milestones being met.
Detailed definition
Contract assets represent the company's right to consideration for services already performed that are not yet billed be...
Peer comparison
Typical for firms with long-term service contracts; peers in project management will show higher levels.
Metric ID:
contract_assets_noncurrentHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $494.00M | $524.00M | $623.00M | $655.00M | $640.00M | $650.00M | $742.00M | $777.00M | $777.00M | $807.00M | $919.00M | $930.00M | $928.00M | $946.00M | $999.00M | $1.01B | $1.02B | $1.02B | $1.11B | $1.13B |
| QoQ Change | — | +6.1% | +18.9% | +5.1% | -2.3% | +1.6% | +14.2% | +4.7% | +0.0% | +3.9% | +13.9% | +1.2% | -0.2% | +1.9% | +5.6% | +1.3% | +0.5% | +0.0% | +9.5% | +1.3% |
| YoY Change | — | — | — | — | +29.6% | +24.0% | +19.1% | +18.6% | +21.4% | +24.2% | +23.9% | +19.7% | +19.4% | +17.2% | +8.7% | +8.8% | +9.6% | +7.5% | +11.5% | +11.6% |
Range$494.00M – $1.13B
CAGR+19.0%
Avg YoY Growth+17.2%
Median YoY Growth+18.9%
Current Streak7 quarters growth
Contract Assets, Non-Current at Other Companies
Frequently Asked Questions
- What is ServiceNow's contract assets, non-current?
- ServiceNow (NOW) reported contract assets, non-current of $1.13B in Q1 2026.
- How has ServiceNow's contract assets, non-current changed year-over-year?
- ServiceNow's contract assets, non-current increased by 11.6% year-over-year, from $1.01B to $1.13B.
- What is the long-term trend for ServiceNow's contract assets, non-current?
- Over 5 years (2020 to 2025), ServiceNow's contract assets, non-current has grown at a 20.2% compound annual growth rate (CAGR), from $444.00M to $1.11B.
- What does contract assets, non-current mean?
- Unbilled revenue for services performed where payment is expected beyond one year.