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ServiceNow NOW Strategic investments

Strategic investments at other companies

Salesforce logo
SalesforceCRM
$7.77B+57.3%
Workday, Inc. logo
Workday, Inc.WDAY

Other financials

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

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Market cap$98.02B-33.5%
Enterprise value$96.25B-33.6%
P/E55.8×-40.0×
P/S-5.8×

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×

Where this comes from

Reported directly by ServiceNow in its filing.

Tagged under the XBRL concept us-gaap:OtherLongTermInvestments.

The official record: ServiceNow’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is ServiceNow's strategic investments?
ServiceNow (NOW) reported strategic investments of $1.74B in Q1 2026.
How has ServiceNow's strategic investments changed year-over-year?
ServiceNow's strategic investments increased by 268.5% year-over-year, from $473M to $1.74B.
What is the long-term trend for ServiceNow's strategic investments?
Over 5 years (2020 to 2025), ServiceNow's strategic investments has grown at a 122.9% compound annual growth rate (CAGR), from $28M to $1.54B.
What does strategic investments mean?
Long-term strategic investments in other businesses or non-marketable financial assets.
How do you interpret strategic investments?
An increase reflects active corporate development and ecosystem expansion, while a decrease may signal divestment or impairment of strategic holdings.
How does strategic investments compare across companies?
Common among large-cap tech firms that use venture-style investments to drive innovation and market influence.