Current Assets

Total Current Assets

ServiceNow Total Current Assets decreased by 19.4% to $8.44B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 9.0%, from $9.27B to $8.44B. Over 5 years (FY 2020 to FY 2025), Total Current Assets shows an upward trend with a 18.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityStable
First reportedQ4 2015
Last reportedQ1 2026

How to read this metric

Higher levels indicate stronger short-term liquidity, though excessive levels may suggest inefficient capital allocation.

Detailed definition

The sum of all assets that are expected to be converted into cash or consumed within one year. This provides a snapshot...

Peer comparison

Compared against current liabilities to determine the current ratio, a standard measure of short-term financial health.

Metric ID: total_current_assets

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$4.23B$4.29B$5.22B$5.44B$5.33B$5.48B$6.65B$6.73B$6.60B$6.05B$7.78B$7.37B$8.02B$7.70B$9.19B$9.27B$9.28B$8.36B$10.47B$8.44B
QoQ Change+1.5%+21.7%+4.3%-2.0%+2.7%+21.5%+1.2%-1.9%-8.4%+28.6%-5.2%+8.8%-4.1%+19.4%+0.9%+0.1%-9.8%+25.2%-19.4%
YoY Change+26.2%+27.7%+27.5%+23.7%+23.8%+10.4%+16.9%+9.5%+21.5%+27.3%+18.1%+25.7%+15.6%+8.7%+14.0%-9.0%
Range$4.23B$10.47B
CAGR+15.7%
Avg YoY Growth+18.0%
Median YoY Growth+19.8%

Frequently Asked Questions

What is ServiceNow's total current assets?
ServiceNow (NOW) reported total current assets of $8.44B in Q1 2026.
How has ServiceNow's total current assets changed year-over-year?
ServiceNow's total current assets decreased by 9.0% year-over-year, from $9.27B to $8.44B.
What is the long-term trend for ServiceNow's total current assets?
Over 5 years (2020 to 2025), ServiceNow's total current assets has grown at a 18.3% compound annual growth rate (CAGR), from $4.52B to $10.47B.
What does total current assets mean?
The total value of all assets that can be turned into cash within one year.