Operating Expenses

Operating Lease Cost

ServiceNow Operating Lease Cost increased by 10.5% to $42.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 16.7%, from $36.00M to $42.00M. Over 4 years (FY 2021 to FY 2025), Operating Lease Cost shows an upward trend with a 10.4% CAGR.

Analysis

StatementIncome Statement
SectionOperating Expenses
First reportedQ1 2019
Last reportedQ1 2026Apr 23, 2026
Metric ID: ms_operating_lease_cost

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$23.00M$27.00M$27.00M$27.00M$28.00M$28.00M$28.00M$31.00M$32.00M$33.00M$33.00M$33.00M$32.00M$33.00M$32.00M$36.00M$36.00M$37.00M$38.00M$42.00M
QoQ Change+17.4%+0.0%+0.0%+3.7%+0.0%+0.0%+10.7%+3.2%+3.1%+0.0%+0.0%-3.0%+3.1%-3.0%+12.5%+0.0%+2.8%+2.7%+10.5%
YoY Change+21.7%+3.7%+3.7%+14.8%+14.3%+17.9%+17.9%+6.5%+0.0%+0.0%-3.0%+9.1%+12.5%+12.1%+18.8%+16.7%
Range$23.00M$42.00M
CAGR+13.5%
Avg YoY Growth+10.4%
Median YoY Growth+12.3%
Current Streak5 quarters growth

Operating Lease Cost at Other Companies

Frequently Asked Questions

What is ServiceNow's operating lease cost?
ServiceNow (NOW) reported operating lease cost of $42.00M in Q1 2026.
How has ServiceNow's operating lease cost changed year-over-year?
ServiceNow's operating lease cost increased by 16.7% year-over-year, from $36.00M to $42.00M.
What is the long-term trend for ServiceNow's operating lease cost?
Over 4 years (2021 to 2025), ServiceNow's operating lease cost has grown at a 10.4% compound annual growth rate (CAGR), from $99.00M to $147.00M.