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ServiceNow NOW Free cash flow

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$121.97M-1.6%
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$1.1B+81.5%
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-$1.87B+35.9%

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%

Valuation

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Market cap$130.06B-29.4%
Enterprise value$136B-25.3%
P/E77.9×-33.1×
P/S8.8×-6.5×

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 free cash flow?
ServiceNow (NOW) reported free cash flow of $473M in Q2 2026.
How has ServiceNow's free cash flow changed year-over-year?
ServiceNow's free cash flow decreased by 10.1% year-over-year, from $526M to $473M.
What is the long-term trend for ServiceNow's free cash flow?
Over 4 years (2021 to 2025), ServiceNow's free cash flow has grown at a 26.3% compound annual growth rate (CAGR), from $1.8B to $4.58B.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.

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