Other
Depreciation
ServiceNow Depreciation increased by 3.5% to $148M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 32.1%, from $112M to $148M. Over 4 years (FY 2021 to FY 2025), Depreciation shows an upward trend with a 13.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionOther
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026Apr 23, 2026
How to read this metric
Increasing depreciation suggests significant capital expenditure in physical infrastructure, while stable levels indicate consistent asset utilization.
Detailed definition
The allocation of the cost of tangible fixed assets, such as property, equipment, and data center infrastructure, over t...
Peer comparison
Standard for all capital-intensive businesses; essential for calculating EBITDA and free cash flow.
Metric ID:
other_depreciationHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $78M | $83M | $80M | $58M | $61M | $66M | $76M | $81M | $88M | $98M | $105M | $80M | $88M | $96M | $107M | $112M | $120M | $133M | $143M | $148M |
| QoQ Change | — | +6.4% | -3.6% | -27.5% | +5.2% | +8.2% | +15.2% | +6.6% | +8.6% | +11.4% | +7.1% | -23.8% | +10.0% | +9.1% | +11.5% | +4.7% | +7.1% | +10.8% | +7.5% | +3.5% |
| YoY Change | — | — | — | — | -21.8% | -20.5% | -5.0% | +39.7% | +44.3% | +48.5% | +38.2% | -1.2% | +0.0% | -2.0% | +1.9% | +40.0% | +36.4% | +38.5% | +33.6% | +32.1% |
Range$58M – $148M
CAGR+14.4%
Avg YoY Growth+18.9%
Median YoY Growth+32.9%
Current Streak8 quarters growth
Depreciation at Other Companies
Frequently Asked Questions
- What is ServiceNow's depreciation?
- ServiceNow (NOW) reported depreciation of $148M in Q1 2026.
- How has ServiceNow's depreciation changed year-over-year?
- ServiceNow's depreciation increased by 32.1% year-over-year, from $112M to $148M.
- What is the long-term trend for ServiceNow's depreciation?
- Over 4 years (2021 to 2025), ServiceNow's depreciation has grown at a 13.0% compound annual growth rate (CAGR), from $312M to $508M.
- What does depreciation mean?
- The periodic expense recorded for the wear and tear of physical assets.