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ServiceNow

NOW

ServiceNow is a leading provider of cloud-based software that automates and digitizes enterprise workflows through its proprietary Now Platform.

Market cap
$111.15B-48.6%
Revenue$14.0B+21.7%
Net income$1.8B+14.2%
Free cash flow$4.6B+25.9%
EPS (diluted)$5.13-16.9%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 22, 2026 (In 1 week)
Revenue estimate$3.9B
EPS estimate$0.86

Financials

Q1 2026

Income statement

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Revenue$3.8B+22.1%
Gross profit$2.8B+16.1%
Operating income$503.0M+11.5%
Net income$469.0M+2.0%
EPS (diluted)$0.45+2.3%

Balance sheet

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Cash & equivalents$2.7B-19.8%
Total debt$940.0M+3.4%
Total equity$11.7B+15.7%
Total assets$24.4B+16.3%

Cash flow

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Operating cash flow$1.7B-0.4%
CapEx$141.0M-31.2%
Free cash flow$1.5B+3.9%

Valuation & ratios

Valuation

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Market cap$114.2B-48.6%
Enterprise value$112.43B-48.9%
P/E65×-68.9×
P/S8.2×-10.3×

Profitability

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Gross margin76.6%-2.4pp
Operating margin13.4%+0.5pp
Net margin12.6%-0.8pp
FCF margin33.2%+1.1pp

Returns & leverage

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Return on equity16.1%-0.8pp
Debt / equity0.1×0.0×
Current ratio0.8×-0.3×

Segments

By geography

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North America$2.4B+20.2%
EMEA$979.0M+25.2%
Asia Pacific and other$432.0M+25.9%

By product

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Subscription$3.7B+22.2%
Professional services and other$99.0M+19.3%

Competitors

Profile

ServiceNow is a leading provider of cloud-based software that automates and digitizes enterprise workflows through its proprietary Now Platform. The company enables organizations to streamline business processes across IT, employee, and customer service departments by providing a single architecture and data model. Its core value proposition centers on driving digital transformation and productivity through the integration of advanced AI and automation into the flow of work.

Competitive position

A dominant platform-of-record for enterprise workflow automation, leveraging a 'single pane of glass' architecture to consolidate disparate legacy systems.

GeographiesNorth America, South America, Europe, Asia, Australia
Customer segmentsFortune 500, Global 2000, Public Sector, Large Enterprise
Business modelSubscription SaaS, Professional Services, B2B
SuppliersPublic cloud infrastructure providers, Hardware and server manufacturers, Third-party Large Language Model (LLM) providers
CustomersGlobal enterprise corporations, Governmental and public sector entities, Managed service providers
Listed2012
Employees22.7K
CEOWilliam R. McDermott
FilingsSEC EDGAR

Questions, answered.

What is ServiceNow's market cap?
ServiceNow (NOW) has a market capitalization of $111.15B and trades on NYSE.
What is ServiceNow's revenue and profitability?
ServiceNow generated $14.0B in trailing twelve-month revenue with net income of $1.8B, representing a net margin of 12.6%. Gross margin stands at 76.6%, with free cash flow of $4.6B. These figures are based on the Q1 2026 filing.
Who are ServiceNow's competitors?
ServiceNow's key competitors include Salesforce, Workday, Oracle, and others. These companies compete in similar markets and product categories.
Who does ServiceNow partner with?
ServiceNow's notable partners include NVIDIA, Microsoft, Amazon, and others.
Where is ServiceNow headquartered?
ServiceNow is headquartered in United States of America and employs approximately 22,668 people. It has been publicly traded since 2012.