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
Returns
Return on equity	15.5%-1.0pp	16.5%-10.8pp	27.3%+19.9pp	7.4%+0.4pp
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×
Leverage
Debt-to-equity	0.1×0.0×	0.1×0.0×	0.1×0.0×	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%
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×

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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.