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ServiceNow NOW Operating Lease ROU Assets

Operating Lease ROU Assets at other companies

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$134.38M-32.1%
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$56.16M+114,614,285,614%
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$1.89B-11.3%
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Workday, Inc.WDAY
4.2%-0.1pp
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$29.69B+126%
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Appian CorporationAPPN
$30.44M-1.7%

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$121.32B-35.9%
Enterprise value$127.26B-32.0%
P/E72.7×-41.3×
P/S8.2×-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

Reported directly by ServiceNow in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseWeightedAverageDiscountRatePercent.

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

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

As of June 30, 2026, the weighted-average remaining lease term is approximately seven years, and the weighted-average discount rate is 4%.

Item 1. Financial Statements

FAQ

What is ServiceNow's operating lease ROU assets?
ServiceNow (NOW) reported operating lease ROU assets of 4% in Q2 2026.
How has ServiceNow's operating lease ROU assets changed year-over-year?
ServiceNow's operating lease ROU assets decreased by 0.0% year-over-year, from 4% to 4%.
What is the long-term trend for ServiceNow's operating lease ROU assets?
Over 4 years (2020 to 2024), ServiceNow's operating lease ROU assets has grown at a 11.1% compound annual growth rate (CAGR), from 45,421,800,000% to 69,300,000,000%.
What does operating lease ROU assets mean?
Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.

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