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ServiceNow NOW Enterprise value

Enterprise value at other companies

International Business Machines logo
International Business MachinesIBM
$293.95B+0.3%
Open Text logo
Open TextOTEX
$10.39B-19.5%
Pegasystems logo
PegasystemsPEGA
$4.89B-43.8%
Salesforce logo
SalesforceCRM
$178.02B-30.2%
Workday, Inc. logo
Workday, Inc.WDAY
$34.7B-47.2%
Oracle logo
OracleORCL
$778.3B+42.8%

Other financials

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

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Market cap$122.14B-36.0%
P/E73.1×-41.7×
P/S8.3×-7.5×

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×

Where this comes from

Calculated from ServiceNow’s reported figures.

The source filing: ServiceNow’s 10-Q, filed July 23, 2026. Open the filing →

Filed
Jul 22, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001373715-26-000076

FAQ

What is ServiceNow's enterprise value?
ServiceNow (NOW) reported enterprise value of $108.32B in Q2 2026.
How has ServiceNow's enterprise value changed year-over-year?
ServiceNow's enterprise value decreased by 46.9% year-over-year, from $204.18B to $108.32B.
What is the long-term trend for ServiceNow's enterprise value?
Over 5 years (2020 to 2025), ServiceNow's enterprise value has grown at a 7.5% compound annual growth rate (CAGR), from $109.99B to $157.74B.
What does enterprise value mean?
Market capitalization plus total debt minus cash, at the quarter end. The cost to acquire the whole business — what an buyer pays for equity and debt, net of the cash they'd inherit.

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