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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
$144.48B-22.9%
Revenue$14.7B+22.2%
Net income$1.7B+0.5%
Free cash flow$4.6B+19.0%
EPS (diluted)$4.98-32.4%
Trailing twelve months · change vs. prior year

Earnings

Next report

Oct 28, 2026 (In 2 weeks)
Revenue estimate$4.1B
EPS estimate$1.02

Financials

Q2 2026

Income statement

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Revenue$4.0B+24.0%
Gross profit$2.8B+13.1%
Operating income$162.0M-54.7%
Net income$298.0M-22.6%
EPS (diluted)$0.29-84.2%

Balance sheet

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Cash & equivalents$2.5B-19.7%
Total debt$8.5B+820%
Total equity$12.5B+14.5%
Total assets$31.7B+43.6%

Cash flow

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Operating cash flow$587.0M-18.0%
CapEx$114.0M-40.0%
Free cash flow$473.0M-10.1%

Valuation & ratios

Valuation

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Market cap$144.48B-22.9%
Enterprise value$150.42B-20.3%
P/E86.5×-23.5×
P/S9.8×-5.2×

Profitability

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Gross margin74.8%-3.7pp
Operating margin11.4%-1.9pp
Net margin11.3%-2.4pp
FCF margin31.1%-0.8pp

Returns & leverage

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Return on equity14.2%-2.7pp
Debt / equity0.7×+0.6×
Current ratio0.7×-0.4×

Segments

By geography

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North America$2.5B+25.7%
EMEA$997.0M+19.5%
Asia Pacific and other$468.0M+24.8%

By product

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Subscription$3.9B+24.5%
Professional services and other$110.0M+7.8%

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

FAQ

What is ServiceNow's market cap?
ServiceNow (NOW) has a market capitalization of $144.48B and trades on NYSE.
What is ServiceNow's revenue and profitability?
ServiceNow generated $14.7B in trailing twelve-month revenue with net income of $1.7B, representing a net margin of 11.3%. Gross margin stands at 74.8%, with free cash flow of $4.6B. The latest reported period is Q2 2026.
Who are ServiceNow's competitors?
ServiceNow's key competitors include Salesforce, Atlassian, Workday, 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.