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ServiceNow NOW Deferred revenue, net of current portion

Deferred revenue, net of current portion at other companies

Automatic Data Processing, Inc. logo
Automatic Data Processing, Inc.ADP
$384.9M+6.4%
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Workday, Inc.WDAY
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Guidewire SoftwareGWRE
Atlassian logo
AtlassianTEAM
PTC logo
PTCPTC

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:ContractWithCustomerLiabilityNoncurrent.

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 deferred revenue, net of current portion?
ServiceNow (NOW) reported deferred revenue, net of current portion of $99M in Q1 2026.
How has ServiceNow's deferred revenue, net of current portion changed year-over-year?
ServiceNow's deferred revenue, net of current portion decreased by 15.4% year-over-year, from $117M to $99M.
What is the long-term trend for ServiceNow's deferred revenue, net of current portion?
Over 5 years (2020 to 2025), ServiceNow's deferred revenue, net of current portion has grown at a 21.7% compound annual growth rate (CAGR), from $45M to $120M.
What does deferred revenue, net of current portion mean?
Long-term customer prepayments for services to be delivered more than one year in the future.
How do you interpret deferred revenue, net of current portion?
An increase is a strong indicator of long-term revenue visibility and customer commitment, whereas a decrease may signal a shift in contract duration or renewal patterns.
How does deferred revenue, net of current portion compare across companies?
A key performance indicator for SaaS companies, reflecting the strength of multi-year enterprise subscription backlogs.