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Increase (Decrease) in Prepaid Expense and Other Assets

ServiceNow Increase (Decrease) in Prepaid Expense and Other Assets decreased by 77.3% to $42M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 69.8%, from $139M to $42M. Over 3 years (FY 2021 to FY 2025), Increase (Decrease) in Prepaid Expense and Other Assets shows an upward trend with a 63.6% CAGR.

Analysis

StatementIncome Statement
SectionOther
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026Apr 23, 2026

How to read this metric

Significant increases can signal higher upfront operational spending or changes in vendor payment terms.

Detailed definition

The net change in prepaid expenses and other current assets that are expected to be consumed within the next operating c...

Peer comparison

Standard working capital metric across all industries.

Metric ID: other_increase_decrease_in_prepaid_deferred_expense_and__8bfef6

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$54M$21M$15M$46M$26M$1M$64M$72M$47M$20M$106M$146M$15M$65M$139M$83M$0$185M$42M
QoQ Change-61.1%-28.6%+206.7%-43.5%-96.2%>999%+12.5%-34.7%-57.4%+430.0%+37.7%-89.7%+333.3%+113.8%-40.3%-100.0%-77.3%
YoY Change-51.9%-95.2%+39.1%+176.9%>999%+65.6%+102.8%-68.1%+225.0%+31.1%-43.2%-100.0%+184.6%-69.8%
Range$0$185M
CAGR-5.4%
Avg YoY Growth+356.9%
Median YoY Growth+35.1%

Frequently Asked Questions

What is ServiceNow's increase (decrease) in prepaid expense and other assets?
ServiceNow (NOW) reported increase (decrease) in prepaid expense and other assets of $42M in Q1 2026.
How has ServiceNow's increase (decrease) in prepaid expense and other assets changed year-over-year?
ServiceNow's increase (decrease) in prepaid expense and other assets decreased by 69.8% year-over-year, from $139M to $42M.
What is the long-term trend for ServiceNow's increase (decrease) in prepaid expense and other assets?
Over 3 years (2021 to 2025), ServiceNow's increase (decrease) in prepaid expense and other assets has grown at a 63.6% compound annual growth rate (CAGR), from $93M to $407M.
What does increase (decrease) in prepaid expense and other assets mean?
The change in payments made for goods or services not yet received or used.