Discontinued — last reported Q1 '19

Operating Expenses

Operating Lease Cost

ServiceNow Operating Lease Cost remained flat by 0.0% to $36.75M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 13.1%, from $32.50M to $36.75M. Over 2 years (FY 2023 to FY 2025), Operating Lease Cost shows an upward trend with a 6.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2019
Last reportedQ1 2019

How to read this metric

Lower costs suggest a leaner physical footprint or more favorable lease terms.

Detailed definition

This metric represents the periodic expense recognized for operating leases, primarily reflecting the straight-line rent...

Peer comparison

Standard operating expense reported under ASC 842 or IFRS 16.

Metric ID: is_cat_operating_lease_cost

Historical Data

3 years
 FY'23FY'24FY'25
Value$129.00M$130.00M$147.00M
YoY Change—+0.8%+13.1%
Range$129.00M – $147.00M
CAGR+6.7%
Avg YoY Growth+6.9%
Median YoY Growth+6.9%
Current Streak2+ years growth

Frequently Asked Questions

What is ServiceNow's operating lease cost?
ServiceNow (NOW) reported operating lease cost of $36.75M in Q4 2025.
How has ServiceNow's operating lease cost changed year-over-year?
ServiceNow's operating lease cost increased by 13.1% year-over-year, from $32.50M to $36.75M.
What is the long-term trend for ServiceNow's operating lease cost?
Over 2 years (2023 to 2025), ServiceNow's operating lease cost has grown at a 6.7% compound annual growth rate (CAGR), from $129.00M to $147.00M.
What does operating lease cost mean?
The recurring expense for operating leases recognized in the income statement.