What are ServiceNow's profit margins?

ServiceNow (NOW) runs a 76.6% gross margin and a 13.4% operating margin, with a 12.6% net margin.

Where do ServiceNow's ratios come from?

Every ratio is computed from ServiceNow's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

ServiceNow NOW Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Profitability
Gross margin	77.5%-1.6pp	79.2%+0.6pp	78.6%+0.3pp	78.3%+1.2pp
Operating margin	13.7%+1.3pp	12.4%+3.9pp	8.5%+3.6pp	4.9%+0.5pp
Net margin	13.2%+0.2pp	13%-6.3pp	19.3%+14.8pp	4.5%+0.6pp
EBITDA margin	22.8%+1.6pp	21.2%+3.4pp	17.8%+5.9pp	11.9%-0.8pp
Free cash flow margin	34.5%+3.4pp	31.1%+0.9pp	30.1%+0.1pp	30%-0.5pp
Returns
Return on equity	15.5%-1.0pp	16.5%-10.8pp	27.3%+19.9pp	7.4%+0.4pp
Return on assets	7.5%0.0pp	7.5%-3.7pp	11.3%+8.6pp	2.7%+0.3pp
Return on invested capital	19.4%-0.4pp	19.8%+0.7pp	19.1%+9.1pp	9.9%+1.4pp
Efficiency
Asset turnover	0.6×0.0×	0.6×0.0×	0.6×0.0×	0.6×0.0×
Liquidity
Current ratio	1×-0.1×	1.1×0.0×	1.1×-0.1×	1.1×+0.1×
Quick ratio	1×-0.1×	1.1×0.0×	1.1×-0.1×	1.1×+0.1×
Cash ratio	0.4×+0.1×	0.3×0.0×	0.3×0.0×	0.2×-0.1×
Leverage
Debt-to-equity	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×
Debt-to-assets	0×0.0×	0×0.0×	0×0.0×	0.1×0.0×
Net debt / EBITDA	-0.9×-0.3×	-0.7×0.0×	-0.7×+0.2×	-0.8×+0.5×
Per Share
Book value per share	$12.39+34.3%	$9.22+24.3%	$7.42-70.0%	$24.72+35.9%
Valuation
Market capitalization	$159.07B-27.3%	$218.72B+51.0%	$144.83B+84.7%	$78.43B-39.3%
Enterprise value	$156.25B-28.1%	$217.2B+51.1%	$143.72B+85.0%	$77.7B-39.4%
Price / earnings	91×-62.5×	153.5×+69.8×	83.7×-158×	241.3×-319×
Price / sales	12×-7.9×	19.9×+3.8×	16.1×+5.3×	10.8×-11.1×
Price / book	12.3×-10.5×	22.8×+3.8×	19×+3.4×	15.6×-19.4×
EV / EBITDA	51.7×-41.7×	93.4×+3.2×	90.2×-0.2×	90.5×-80.7×
EV / sales	11.8×-8.0×	19.8×+3.8×	16×+5.3×	10.7×-11.0×
Free cash flow yield	2.9%+1.3pp	1.6%-0.3pp	1.9%-0.9pp	2.8%+1.4pp
Earnings yield	1.1%+0.4pp	0.7%-0.5pp	1.2%+0.8pp	0.4%+0.2pp
PEG ratio	4×—	——	0.2×-5.7×	5.9×-0.1×

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Questions, answered.

What are ServiceNow's profit margins?: ServiceNow (NOW) runs a 76.6% gross margin and a 13.4% operating margin, with a 12.6% net margin.
Where do ServiceNow's ratios come from?: Every ratio is computed from ServiceNow's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.